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    Signature(s)

    Amount
    € 70,000,000
    Countries
    Sector(s)
    Serbia : € 70,000,000
    Telecom : € 70,000,000
    Signature date(s)
    10/12/2021 : € 70,000,000

    Summary sheet

    Release date
    5 May 2021
    Status
    Reference
    Signed | 10/12/2021
    20200368
    Project name
    Promoter - financial intermediary
    TELEKOM SRBIJA BROADBAND EVOLUTION
    PREDUZECE ZA TELEKOMUNIKACIJE TELEKOM SRBIJA AD BEOGRAD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 70 million
    EUR 147 million
    Location
    Sector(s)
    Description
    Objectives

    The project relates to the design and early rollout of a 5G mobile telecommunications network throughout Serbia as well as the densification and upgrade of the commercial 4G network. The project will be rolled out throughout the country and includes the deployment of the physical infrastructure (antennas, power and cooling facilities) and the active Radio Access Network equipment. The project also includes investments in the transmission and backhauling network to the mobile sites to cater for the increased bandwidth requirements at the sites.

    The project is fully aligned with the EIB External Lending Mandate (ELM) 2014-2020, which aims to finance investment projects in the areas of social, environmental, and economic infrastructure, including telecommunications and broadband network infrastructure. The project's objectives target the increase of the competitiveness of the electronic communications market, the development of a wide range of services available to the end users and the deployment of ultra-fast broadband connections. The project supports the country's Development Strategy for New Generation Network up to 2023 that promotes the development and take-up of 5G technologies.

    Environmental aspects
    Procurement

    Investments in mobile telecommunications networks do not fall under Annexes of Directive 2014/52/EU amending the EIA Directive 2011/92/EU and are therefore not subject to a mandatory Environmental Impact Assessment.

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    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) - TELEKOM SRBIJA BROADBAND EVOLUTION
    Publication Date
    1 Jul 2021
    Document language
    Main Topic
    Lending
    Document Number
    141056379
    Document Focus
    Environmental Information
    Project Number
    20200368
    Sector(s)
    Countries
    Publicly available
    Download now

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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.
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