Romanian state company gets green light to buy Moldova’s main port Giurgiulesti

The European Bank for Reconstruction and Development (EBRD) is close to selling Danube Logistics, the operator of Moldova’s main port, the international free port Giurgiulesti (PILG), to the state-owned operator of the Romanian port Constanta, following a competitive process that involved bidders from Turkey, Bulgaria, the Netherlands, and Denmark. If completed, the deal will consolidate the position of Constanta Port as the largest Black Sea port, making it a key player in the reconstruction of Ukraine.

The Moldovan government announced on July 11 that it approved the request of the Romanian state company Administratia Porturilor Maritime (CNAMP), which intends to invest over EUR 24 million in the development of the infrastructure of the Giurgiulesti International Free Port (PILG) currently managed by the EBRD.