Translated version of this PSD: Bosnian
The EBRD is considering providing a A/B loan of up to EUR 25 million to finance the expansion of the client’s cable TV operations in Bosnia and Herzegovina, via acquisitions and capital expenditure in order to facilitate the client’s continued ability to provide cutting-edge cable TV and internet services to an increasing number of households across Bosnia and Herzegovina.
The Project will lead to
(i) increasing competition in the provision of broadband services, currently dominated by three incumbent fixed-line operators; and
(ii) demonstration effects related to introduce market-leading business practices as well as a deeper penetration of the client’s cutting edge, customer focussed services across Bosnia and Herzegovina. The proposed acquisitions should allow faster regional expansion and set higher standards of business conduct in the cable TV sector by integrating smaller acquisition targets.
Telemach Bosnia d.o.o. (“Telemach”), is a company incorporated in Bosnia and Herzegovina. Telemach was established by Mid Europa Partners, the leading CEE private equity firm, as a platform for introducing cutting edge cable TV and broadband internet to the Bosnian market. Since its establishment in 2010, Telemach has made and continues to make, significant investments in order to provide an increasing variety and quality of home entertainment options to its subscribers.
EUR 25 million consisting of
- EUR 12.5 million A-loan
- EUR 12.5 million B-loan
EUR 38.2 million
Categorised B. The company’s environmental, health & safety and Human Resources management are conducted by an entity, based in Slovenia, who is known to EBRD from the preceding projects. Their recent annual environmental and social report to the Bank for the preceding projects indicates their sound environmental, health & safety and HR management capacities. Furthermore, this type of cable TV operation is unlikely to be associated with significant environmental and social issues. For the upcoming project, the company is required to comply with the Bank’s environmental and social Performance Requirements (PRs). The Bank will monitor the company’s environmental and social performance through a review of an annual environmental and social report and site visit if deemed necessary.
Tel: +387 33 756 518
For business opportunities or procurement, contact the client company.
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Tel: +44 20 7338 7168
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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.