About past, present and future of Ukraine

Search mobile

Main Business Romania plans to buy a port on the border with Ukraine

Business

Romania plans to buy a port on the border with Ukraine

1088
Romania plans to buy a port on the border with Ukraine

Share this article

The Romanian government will establish a working group to begin negotiations with the European Bank for Reconstruction and Development (EBRD) regarding the acquisition of the International Free Port of Giurgiulesti (PILG) on the Danube in Moldova.

Romanian publication Profit.ro reports this, citing the relevant documents.

Romanian authorities aim to acquire the port through Administratia Porturilor Maritime S.A. Constanta, a commercial company under the country's Ministry of Transport.

Giurgiulesti is the only port in the Republic of Moldova accessible to seagoing vessels, located on the border with Romania and Ukraine. It is currently operated by Danube Logistics, which is owned by the EBRD.

 

 

At the same time, the Moldovan government clarified that there are two port infrastructure facilities in Giurgiulesti: PILG and a state port owned by Moldova. The sale of the state port is not under consideration.

Earlier, Prime Minister Marcel Ciolacu announced that Romania might purchase the Moldovan port to strengthen its role in regional economic development and recovery and to create a hub for the post-war reconstruction of Ukraine.

“We don’t know what will happen with Odessa, but in Moldova, there is still the non-operational port of Giurgiulesti. Through the Ministry of Transport, Romania has already shown its interest in acquiring and developing this port to the EBRD. We are waiting for a response,” Ciolacu said in September 2023.

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...