
The European Bank for Reconstruction and Development (EBRD) is the main sea-river port of Moldova. Giurgiulesti International Free PortAs the owner of , the Bank has initiated an international merger and acquisition (M&A) process to support the long-term successful development of this strategic asset. Through this process, the Bank aims to identify potential strategic and financial investors.
The ongoing M&A process is being carried out in full coordination with the Moldovan government, including the future commercial and legal framework of the port. The aim is to facilitate foreign investments by ensuring full compliance with international best practices and standards for the sector.
Since acquiring the Giurgiulesti International Free Port in 2021, the EBRD has managed to increase the port’s efficiency, throughput and profitability. The bank has consistently expressed its intention to attract reputable investors to further develop the port into a competitive hub for regional and international trade.
Providing consultancy services to EBRD in this M&A process Raiffeisen Bank is running.
Strategic Importance of Giurgiulesti Port
Located on the banks of the Danube River in Moldova, on a short strip bordering both Romania and Ukraine, the Giurgiulesti International Free Port is the country's main port. Moldova's import and export trade by water More than 70% The port plays a critical role in securing supply chains for various types of cargo. This significantly benefits the Moldovan economy and is seen as a key driver of the country’s future growth.
The port, which is of increasing strategic importance in the region, also has the potential to serve as an important logistics hub in Ukraine's future reconstruction process.
EBRD's Relationship with the Port
The EBRD has supported the construction and operation of the Giurgiulesti International Free Port since 1995. Throughout its history, the port has faced various financial and operational challenges while developing into a fully operational business. In 2013, the EBRD became the primary economic beneficiary of the port’s operation by providing a new loan.
Finally, the EBRD became the sole ultimate owner of Danube Logistics SRL, the operator of the port, by purchasing 2021% of the capital of the Danube Logistics group of companies in 100. This move clearly demonstrates the EBRD’s belief in the long-term potential of the port and its desire to strengthen its strategic role in the region.