Nikola Tesla Beograd (EBRD-49082)

Countries
  • Serbia
Where the impacts of the investment may be experienced.
Specific Location
Belgrade
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 17, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Vinci Airports Serbia d.o.o.
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 115.85 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 100
Converted using 2018-09-11 exchange rate.
Project Cost (USD)
$ 1,135.28 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported 980
Converted using 2018-09-11 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jan 28, 2019

Disclosed by Bank Sep 11, 2018


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Project Description

This project provides financing for the development, maintenance, operation and management of the main international airport in Serbia, AD Aerodrom Nikola Tesla Beograd. The upgrades to the airport include terminal refurbishment and expansion, refurbishment of the existing runway, construction of a temporary runway and expansion of the taxiway system.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Private Actors
  • VINCI Airports SAS -- Parent Company
  • Vinci Airports Serbia d.o.o. -- Implementing Company

Vinci Airports Serbia d.o.o.is a special purpose vehicle and a fully owned subsidiary of Vinci Airports. Vinci Airports, part of the Vinci S.A. group, is the world's fourth-largest airport operator.

Contact Information

Direction de la communication
communication@vinci-airports.com
0033147164640
http://www.vinci-airports.com 

ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html