EBRD and Ukraine Air Traffic Services agree on extended cooperation

The European Bank for Reconstruction and Development (EBRD) and the Ukrainian State Air Traffic Services Enterprise (UkSATSE) have agreed to extend their cooperation under an air navigation system modernisation project originally negotiated in 2012.
December 2, 2015 Read time: 2 mins

The 2001 European Bank for Reconstruction and Development (EBRD) and the Ukrainian State Air Traffic Services Enterprise (UkSATSE) have agreed to extend their cooperation under an air navigation system modernisation project originally negotiated in 2012.

Under the new arrangement UkSATSE will utilise a long-term loan from the EBRD of up to US$43.6 million, which will help it implement the investment programme approved by the European Organisation for the Safety of Air Navigation (Eurocontrol).

The loan provides UkSATSE with a flexible financial solution to implement priority investments that are aligned with the current situation in the country and the different geo-political situation, bringing it towards compliance with the applicable EU performance standards. The investment programme comprises the replacement and modernisation of UkSATSE’s communication, navigation, surveillance and data processing equipment. It is of particular importance to both UkSATSE and Ukraine, as it enhances the safety and security of the air navigation service provision over the Ukrainian territory and helps increase flight efficiency for airspace users. It also contributes to harmonising UkSATSE’s standards of operations with the Single European Sky (SES) programme.

The project is expected to be supported by a parallel loan of a similar size and nature from the European Investment Bank (EIB).

For more information on companies in this article

Related Content

  • Cooperative systems and privacy not mutually exclusive
    February 1, 2012
    Are co-operative systems and personal privacy mutually exclusive? Not necessarily, says Neil Hoose. But the more advanced the application, the greater the concession of privacy may have to become. ITS Stockholm in 2009 and the Cooperative Mobility Showcase event which took place alongside Intertraffic in Amsterdam in March this year both featured live, on-street demonstrations of safety and driver information applications that used Vehicle-to-Infrastructure (V2I) and Vehicle-to-Vehicle (V2V) communications,
    Read More
  • Cooperative systems and privacy not mutually exclusive
    February 6, 2012
    Are co-operative systems and personal privacy mutually exclusive? Not necessarily, says Neil Hoose. But the more advanced the application, the greater the concession of privacy may have to become
    Read More
  • Flexibility, interoperability is key to future traffic management
    February 3, 2012
    Jon Taylor of Faber Maunsell and Tabatha Bailey of Transport for London describe how an unusual mix of traffic practitioners, researchers and industry are working together to build new tools for the future. As we face higher expectations for managing congestion from both citizens and politicians, and as more and more data is becoming available from new sources, our traffic management challenge is changing.
    Read More
  • Where is tolling tech taking us?
    September 25, 2019
    From DSRC and RFID to GNSS or smartphones – which technology is ‘best’ for tolls, charging and pricing schemes? In the first of two articles, Josef Czako examines the options
    Read More

Highlighted Content