PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606780

Primary Business Area

Infrastructure

Disclosure Date

Aug 14, 2022

Country

Serbia

Region

Europe

IFC Approval Date

Jan 3, 2022

Status

Completed

Estimated Total Budget

$150,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 11, 2024

Project Estimated Start Date

Dec 15, 2021

Project Estimated End Date

Dec 31, 2022

Project Description

Vahta d.o.o. is an emerging player in the broadband market in Europe. The company started implementing a wholesale fiber network in Slovenia and Croatia in 2019, under the ‘Rune Group’, to address the lack of broadband infrastructure in rural areas, by using private investment. The Group is currently deploying FTTH open-access network in selected rural areas of Croatia and Slovenia and aims to cover 135,000 and 240,000 households respectively in three years. Vahta aims to replicate the same business model in other countries and requested IFC’s support to evaluate the feasibility of the rural FTTH wholesale connectivity project that would bring improved connectivity to up to 2,000,000 people in the Vojvodina region in Serbia.

Development Results

E&S Risks / Impacts and Mitigation