The EBRD launches an international tender to find a new investor for the Port of Giurgiulesti, Moldova's strategic port
According to the EBRD, in particular, the European Bank for Reconstruction and Development, the owner of the Port of Giurgiulesti, Moldova's main sea and river port, has initiated a structured mergers and acquisitions (M&A) process through an international tender procedure to identify potential strategic and financial investors who can further support the successful and long-term development of this strategic asset for Moldova. According to the EBRD, the M&A process is being carried out in full coordination with the Government of Moldova, including with regard to the future commercial and legal framework of the port, designed to facilitate inward investment in line with international best practices and standards in this field. It is emphasized that since the acquisition of the Port of Giurgiulesti in 2021, the EBRD has improved its efficiency, output and profitability. The EBRD has repeatedly stated its intention to attract reputable investors to further support the port and make it a competitive center for regional and international trade. Raiffeisen Bank is the EBRD's advisor in this M&A process. The Port of Giurgiulesti is located on a stretch of the Danube with an available water depth of up to 7 meters and can accommodate both inland and sea-going vessels. It borders with Romania and Ukraine. As Moldova's main port, the Port of Giurgiulesti handles more than 70% of import-export trade by inland waterways, providing supply chains for various types of goods, bringing significant benefits to the Moldovan economy and playing a key role in its future growth. The port's strategic role in the region has increased and it is well positioned to serve Ukraine's future recovery. The EBRD has supported the construction and operation of the Port of Giurgiulesti since 1995. Throughout its history, the port has faced various financial and operational challenges. In 2013, the EBRD provided a new loan and became the main economic beneficiary of the port's commissioning. In 2021, the EBRD acquired 100% of the capital of Danube Logistics Group, becoming the sole ultimate owner of Danube Logistics, the port operator. // 14.04.2025 - InfoMarket.
