Digital Switchover



Project number:


Business sector:

Information and Communication Technologies

Notice type:


Environmental category:


Approval date:

17 Sep 2014



PSD disclosed:

10 Jun 2014

Translated version of this PSD: Serbian

Project Description

The EBRD is considering providing financing to JV Emisiona Tehnika i Veze (ETV), a Serbian state-owned company, to implement the second phase of the switchover from analogue to digital terrestrial television broadcasting in Serbia. Proceeds of the financing will be used for the purchase of necessary equipment and civil works.

The Project is part of a global broadcasting digitalization trend and a wider EU-led initiative of building an information society in Europe as outlined in the Digital Agenda for Europe announced on 19 May 2010. Deadline for finalising the digital switchover in Europe is 17 June 2015, as set by the Regional Radio Communication Conference held by International Telecommunications Union in June 2006 in Geneva, Switzerland.

Transition Impact

The Project will support the switchover from analogue to digital terrestrial television broadcasting in Serbia and contribute to the expansion of mobile broadband networks and coverage area of digital television broadcasting across the territory of Serbia, including in underserved and remote areas. The Project will allow the release of “digital dividend”, additional spectrum to be used for deployment of mobile broadband networks.

The Project will additionally contribute to greater competition in the television broadcasting sector in Serbia by expanding the infrastructure capacity of ETV to broadcast a larger number of television channels with national and regional coverage.

The Client

JV Emisiona Tehnika i Veze (ETV) is a wholly state-owned public company established in 2009 to manage the television and radio broadcasting infrastructure in Serbia. The Project is implemented by a dedicated Project Implementation Unit (PIU) set up by ETV.

EBRD Finance

Senior secured loan in the amount of €24 million. The loan is guaranteed by the Government of the Republic of Serbia.

Project Cost

€47.2 million.

Environmental Impact

The project was categorised “B”, which means that an environmental and social analysis was required by the Bank, in accordance with the 2008 Environmental and Social Policy and Performance Requirements (PRs) (706KB - PDF)

Categorised B. This operation is unlikely to be associated with significant environmental or social issues. ETV has completed the standard Environmental and Social Questionnaire for ESD's review. It showed that ETV is largely in compliance with PR2, including an internal grievance mechanism as well as has capacities to conduct the project in accordance with EBRD environmental and social requirements. For the upcoming project, ETV is required to ensure its compliance with PRs and submit an annual environmental and social report to the Bank.

Technical Cooperation

  • EUR 74,600 was approved by the Government of Slovakia to support independent market and financial due diligence. The consultant is selected and contracted;
  • EUR 265,000 was approved by the Government of Slovakia to support the PIU with the preparation of procurement activities related to the Project. Consultant selection is in process.

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

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

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