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Croatian air navigation service provider applies for EBRD loan

ZAGREB/LONDON, April 5 (Hina) - CroControl, Croatia's national air navigation service provider has applied for a loan from the European Bank for Reconstruction and Development to upgrade its air navigation system, the EBRD said in a statement.

The project to update the air navigation system to make it comply with the standards of service as required by the European industry regulators will cost EUR 58 million.

The proposed project will require the procurement and installation of ANS software, hardware and services and consultancy services for procurement preparation and project implementation.

"Tendering for the above contract is expected to begin at the end of the second quarter of 2011," the EBRD said.

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