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    Reference: 20210431
    Release date: 29 September 2021

    Promoter – Financial Intermediary

    DPG MEDIA GROUP NV,DPG MEDIA SERVICES

    Location

    Description

    To finance the research, development and innovation (RDI) programme and the digitilisation of the DPG Media Group for the years 2021 to 2023.

    Objectives

    The project will support the continuous efforts of the Promoter in keeping its competitive position through investing in innovation and digitalisation, improving the quality and functionality of the different platforms, supporting local content and increasing the transparency of the advertisement market.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 244 million

    Environmental aspects

    The project activities do not fall under the Annexes I or II of the EU Directive2014/52/EU amending the EIA Directive 2011/92/EU. In addition, the project activities are expected to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project. As such, the project activities are not subject to a mandatory environmental impact assessment (EIA).

    Procurement

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to the EU public procurement legislation then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.

    Status

    Under appraisal - 1/06/2021

    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

    Belgium The Netherlands Services