UKRAINE AND CROATIA ATM TO GET EBRD BACKING
October 1st, 2010
THE EUROPEAN Bank for Reconstruction & Development (EBRD) is planning to lend money to bring the Ukraine and Croatia air traffic control systems to European standards. The EBRD is developing a Euro EUR45 million financing package for UkSATSE - the air navigation services provider of Ukraine -combined with EUR45 million lent by the European Investment Bank (EIB). The money would "fund the technological update of its equipment and operations to comply with the standards of service as required by European industry regulators," said the EBRD. ...
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