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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 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).

Related tags

Romania Telecom