The European Bank for Reconstruction and Development (EBRD), owner of the Giurgiulesti International Free Port, has launched an international bidding process to attract investors for further development of Moldova’s main maritime and river port.
In a press release, the EBRD stated that the process is fully coordinated with the Moldovan government. It includes plans for a future commercial and legal framework to encourage foreign investment.
In 2021, the EBRD acquired 100% of the Danube Logistics group, becoming the sole owner of Danube Logistics Ltd—the company that operates the port.
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Giurgiulesti Port is a strategic logistics hub for Moldova, offering importers and exporters transshipment and storage services through a trimodal transport system. Located on the maritime section of the Danube River, the port accommodates river and sea vessels with drafts of up to 7 meters and capacities of up to 10,000 tons. It handles over 70% of Moldova’s waterborne foreign trade and is crucial in maintaining supply chains and supporting the national economy.
In a related development, the Romanian government approved a memorandum in the summer of 2024 to initiate negotiations for acquiring the EBRD’s shares in Danube Logistics Ltd, the operator of Giurgiulesti Port.