📋 Tender Overview
Location: https://www.ebrd.com/work-with-us/projects/psd/55090.html
Project number: 55090
Business sector: Transport
Notice type: State
Environmental category: B
EBRD Finance Summary: EUR 20,000,000.00
Total Project Cost: EUR 45,000,000.00
Project Description
Senior loan of up to €20 million in favour of Serbia and Montenegro Air Traffic Services SMATSA Llc ("SMATSA" or the "Company") to finance the upgrade of the Company's current TopSky-ATC Air Traffic Management ("ATM") system to TopSky-ATC One. The Project will be co-financed up to €25 million loan by the European Investment Bank ("EIB").
Project Objectives
Upgrade of SMATSA's TopSky-ATC ATM system to the latest version of the system ("TopSky-ATC One"), a robust and sophisticated solution that will enhance safety, boost efficiency, and ensure reliability while enabling SMATSA to meet regulatory requirements.
Transition Impact
ETI score: 69
The Transition Impact of the Project will be derived from the following transition qualities:
Inclusive - The Project will aim at improving the attractiveness of SMATSA as an employer amongst young people, especially women, through community outreach.
Competitive - The transition to the Top Sky One software will enable SMATSA to improve its cost efficiency through better managed opex and capex in the long run.
Financing Sources:
2) European Investment Bank (EIB)
98-100, boulevard Konrad Adenauer
L-2950 Luxembourg
Tel: +352 43 79 1
Fax: +352 43 77 04
https://www.eib.org/
