SBB

Location:

Serbia

Project number:

34902

Business sector:

Information and Communication Technologies

Notice type:

Private

Environmental category:

C

Approval date:

27 Apr 2004

Status:

Complete

PSD disclosed:

26 Mar 2004

Project Description

The proposed project includes a loan to SBB for up to € 18.5 million as well as an equity investment up to € 2 million. This will allow the company to significantly expand  its network throughout Serbia, introduce new services and make broadband internet access available throughout the network.

Transition Impact

Transition impact can be seen in the following:
  • Increasing competition in the various segments of cable TV, internet access and telecommunications by providing higher quality products to a growing number of consumers at competitive prices.
     
  • Market expansion in other sectors as a result of provision of a competitive internet and data access package to customers who do not have a reliable broadband internet access option.
     
  • A strong demonstration effect by providing long term financing to a company with good corporate governance in the sector in Serbia and encouraging entrepreneurship
     
  • Strengthening of the practice strictly adhered to by SBB of paying for all of its content and ensuring proper licensing of all the channels
     
  • Successful incorporation and turnaround of acquired companies.

The Client

SBB d o.o., the largest Serbian cable network operator supplying TV and Internet services throughout Serbia.

EBRD Finance

Up to € 15 million senior loan, Up to € 2 million equity.

Project Cost

€ 30 million.  

Environmental Impact

The project was screened C/1 requiring an corporate audit of SBB’s operations which was carried out using the Bank’s Corporate Environmental Due Diligence Questionnaire for Cable Companies. The Project is unlikely to involve significant environmental impacts.  Potential environmental issues are likely to be associated with construction and installation works, the new right-of –way alignment, land acquisition, storage and handling of hazardous materials, general waste management and general worker health and safety issues.  The Project will be required to meet national and EU EHS standards and requirements and local and national public consultation requirements.  The Bank’s environmental monitoring will be carried out through Annual Environmental Report.

Technical Cooperation

None.

Company Contact

Victoria Boklag, Deputy CEO,
Tel: +381 (11) 303 3215
 

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

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