Long-term bank financing to CME will support further development and restructuring of this TV broadcasting group with proceeds to be used for capital expenditures and acquisitions in the operating TV stations.
The proposed project will enable CME to enhance and extend its operations and operational efficiency in its current countries of operation: the Ukraine, Romania, Croatia, Czech Republic, Slovakia and Slovenia. It will support the development of competitive TV broadcasting markets in Croatia, Romania and Ukraine and stimulate corporate restructuring of the Company’s businesses in the Czech Republic and Slovakia. The project is also expected to have a positive impact on the development of local TV production industries in the region.
CME is a NASDAQ-listed company and the leading TV broadcasting group in the CEE region with operations in Croatia, Czech Republic, Romania, Slovenia, Slovakia and Ukraine.
EBRD debt financing of EUR 50 million alongside two commercial banks under a EUR 100 million EBRD “A/B” loan structure.
EUR 100 million.
Screened C1. The project is unlikely to be associated with any significant environmental issues. The corporate environmental audit has confirmed legal compliance of the Sponsor and examined environmental implications of the proceeds. The Sponsor will be required to ensure that sub-projects comply with, at a minimum, national environmental, health, safety and labour standards and requirements as well as good international practice and to submit annual reports on environment, health and safety issues.
Romana Tomasova, Director of Corporate Communications
Central European Media Enterprises
Tel: +44 (0)20 7430 5430
For business opportunities or procurement, contact the client company.
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 (email@example.com) 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.