Polska Telefonia Cyfrowa SP z.o.o.

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 18032

Status Complete

Location

Poland

Business Sector

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 18032

Status Complete

Location

Poland

Business Sector

Notice Type

Private

Environmental Category

Approval Date

31 Oct 2000

Disclosure date

19 Nov 2000

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

The EBRD financing is part of €650 million syndicated senior debt facilities to Polska Telefonia Cyfrowa Sp. z o.o., (PTC) the leading provider of wireless telecommunications services in Poland. The EBRD’s involvement supported the successful mobilisation of additional Polish Zloty funds during the syndication phase and further development of this leading wireless operator in the country. Proceeds will be used to fund the company’s network build out, refinance existing debt facility and partly fund the UMTS licence fee.

Transition Impact

The EBRD promotes sustainable telecommunications network expansion and fosters the emergence of innovative and advanced services that are crucial for the overall competitiveness of businesses in the region.

The Client

PTC is the leading provider of wireless telecommunications services in Poland, operating nationwide dual-band GSM 900/1800 mobile networks. It launched its operations in September 1996. The majority shareholders are the Polish conglomerate Elektrim, French telecommunications group Vivendi and Deutsche Telekom.

EBRD Finance

An underwriting commitment of €150 million with a final loan amount of €75 million eqivalent is provided by the EBRD in Polish Zloty.

The proposed EBRD financing is part of a €650 million syndicated, 5-year, senior debt facilities consisting of two tranches: a €390 million Euro tranche and a €265 million Polish zloty tranche. Lead arrangers and underwriters are Deutsche Bank, Dresdner Bank and the EBRD.

Project Cost

€650 million.

Environmental Impact

The project was screened as B/0, requiring an environmental analysis. Such analysis did not reveal any major environmental, health and safety concerns. PTC is in compliance with all applicable environmental, health and safety regulations.

In 1999, the company received ISO 9002 quality management certification for the operation of its network management centre in Warsaw. Standard environmental, health and safety precautions are taken when building new transmission lines, as well as during construction works, installation of radio towers and other equipment.

PTC provides regular training to its employees on health and safety. In 1999, the company developed risk and crisis management rules, which are currently being translated into detailed emergency procedures for PTC's facilities. PTC is also developing an environmental management system.

Transition impact

ETI Score:35

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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