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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Hungary : € 200,000,000
    Telecom : € 200,000,000
    Signature date(s)
    13/12/2013 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    2 October 2013
    Status
    Reference
    Signed | 13/12/2013
    20130276
    Project name
    Promoter - financial intermediary
    TELECOMMUNICATION NETWORK DEVELOPMENT IN HUNGARY
    Private Company
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 150 million
    Location
    Sector(s)
    Description
    Objectives

    Upgrading and development of the Promoter's fixed and mobile networks in Hungary during the 2014-2016 period and other related capex.

    Knowledge Economy 100 %
    Economic and Social Cohesion (transversal) 100 %
    Telecommunications 100 %

    Environmental aspects
    Procurement

    In principle the project will not require Environmental Impact Assessment as telecommunication projects are not specifically mentioned in the annexes of the Directive 2011/92/EU. It will however be assessed whether authorities require EIAs and the authorisations necessary for possible installations in Natura 2000 areas. The main expected impact is from the mobile network component with potential health risks of electromagnetic radiation to be mitigated by industry best practice and the respect of EU legislation.

    The promoter is a private company not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - MAGYAR TELEKOM NETWORK DEVELOPMENT
    Publication Date
    24 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    49991072
    Document Focus
    Environmental Information
    Project Number
    20130276
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - MAGYAR TELEKOM NETWORK DEVELOPMENT
    Publication Date
    14 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    79844978
    Document Focus
    Environmental Information
    Project Number
    20130276
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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