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Moldovan authorities approve draft deal for Giurgiulești port transfer to Romania

Moldovan authorities approve draft deal for Giurgiulești port transfer to Romania
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The Moldovan government has given preliminary approval for the sale of the Giurgiulești seaport to Romania.

According to the government’s website, the Council for the Examination of Investments Important to National Security reviewed and approved the request.

The Council for the Examination of Investments of Importance for State Security reviewed requests for preliminary approval of strategic investments and gave positive opinions for investments proposed by 14 companies, negative opinions for 16 companies, and sent repeated notifications to 68 companies.

Regarding the request of the National Company “Constanța Maritime Ports Administration” SA Constanța, Romania (CNAMP), which intends to invest over 24 million euros in the development of the infrastructure of the International Free Port of Giurgiulești, currently managed by the European Bank for Reconstruction and Development (EBRD), the Council examined and approved the request.

The application for preliminary approval of the investments involves acquiring 100% of the share capital of ÎCS “Danube Logistics” SRL, a private company fully owned by the EBRD — the main investor and operator of the International Free Port of Giurgiulești.

The proposed investment plan aims at developing a ramp terminal, creating a container terminal, modernizing the railway, expanding storage spaces, digitalizing port activities, and implementing solutions for energy efficiency and green transition.

Additionally, the Council positively approved investments proposed by 13 companies operating in the fields of electronic communications, energy, telecommunications, and agriculture. For another 12 companies, the Council requested additional information necessary to complete the analysis process.

On the other hand, for 16 companies, the Council refused to grant preliminary approval for investments due to risks to the state’s economic security or failure to comply with requests to provide additional information.

The Council also decided to send repeated notifications to 68 companies that did not respond to previous requests for the necessary information. Three other companies received extended deadlines to complete their files with the requested information. For five companies, decisions were postponed for further analysis.

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