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    Reference: 20160522
    Release date: 20 October 2016

    Promoter – Financial Intermediary

    SOCIETATEA NATIONALA DE RADIOCOMUNICATII SA

    Location

    Description

    Financing the transition from analog to digital terrestrial television in Romania

    Objectives

    The project aims to ensure that 96% of the population and 80% of the territory is covered by the national free-to-air television operator, in digital format.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 10 million

    Total cost (Approximate amount)

    EUR 20 million

    Environmental aspects

    Investments in TV broadcasting networks do not fall under either Annex I or II of Directive 2011/92/EU, as amended. TV broadcasting systems have limited environmental effects, apart from the visual impact of the towers and electromagnetic field (EMF) radiation. This impact can be mitigated by appropriate construction and operation measures.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 13/12/2018

    Disclaimer

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

    Related tags

    Romania Telecom