Novi Sad - Bus Fleet Renewal



Project number:


Business sector:

Municipal and environmental infrastructure

Notice type:


Environmental category:


Target board date:

26 Nov 2019


Passed Concept Review, Pending Final Review

PSD disclosed:

07 Oct 2019

Translated version of this PSD: Serbian

Project Description

Provision of debt financing to Javno gradsko saobracajno preduzece Novi Sad (the "company", or the "client"), a public transport company fully owned by the city of Novi Sad (the "city") to finance the acquisition of 30 Compressed Natural Cas (CNC) buses (25 solo and 5 articulated) to renew its bus fleet (the "project).

Project Objectives

Contributing to the improved quality of bus transport service in the city and enhancement of sustainable mobility solutions.

Transition Impact


The project contributes to the "green" transition impact quality through environmental benefits arising from improved local air quality by reducing air pollution emissions. Also, the project contributes to the "well governed" transition impact quality by supporting the city to develop its Green Cities Action Plan. The plan will introduce improvements in local planning and coordination of infrastructure development in medium and long term, as well as strengthen institutional capacity of the city.

Client Information

PUBLIC TRANSPORT COMPANY OF THE CITY OF NOVI SAD "Javno gradsko saobracajno preduzece Novi Sad", a public transport company fully owned by the city of Novi Sad.

EBRD Finance Summary 

EUR 7,000,000.00
Up to EUR 7 million senior loan to the Company.

Total Project Cost

EUR 7,000,000.00
Up to EUR 7 million.

Environmental and Social Summary

Categorised B under the 2014 ESP. Key environmental and social ("E&S") impacts/risks associated with the replacement of 30 old buses by CNG new buses include the Company's existing management systems, as well as labour, health & safety and road safety practises and standards. E&S due diligence will be undertaken by an independent consultant together with the technical and financial due diligence; it will include a review of the Company's existing management systems and operations with specific attention to the maintenance depot, auxiliary facilities and workshops, labour practises, road safety and driver training. It will also include an analysis of the E&S benefits associated with the Project.

Technical Cooperation


  • Technical, financial and environmental due diligence, including technical review of proposed purchase, preparation of financial models and all environmental and social aspects.
  • Advanced procurement support, to assist the City with the preparation of tender documents and handling procurement process.


  • Green Cities Action Plan for the City of Novi Sad in order to prioritise investments, capacity building and policy objectives in support of the green agenda.

Company Contact Information

Milovan Amidzic
Futoski put 46, 21000 Novi Sad, Serbia

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

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer ( is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.