Published by Global Banking & Finance Review®
Posted on February 13, 2026
2 min readLast updated: February 13, 2026
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Romania is acquiring Moldova's Giurgiulesti port to enhance its logistics capabilities. The EBRD sale supports Ukrainian grain exports via Constanta.
BUCHAREST, Feb 13 (Reuters) - The European Bank for Reconstruction and Development (EBRD) will sell Moldova's Danube River port of Giurgiulesti to neighbouring Romania as the Black Sea state seeks to boost its logistics role in central and southeast Europe, it said.
The port of Giurgiulesti is near Moldova's borders with Romania and Ukraine. It sits 134 kilometres (83 miles) from the Black Sea and can be accessed by river and sea vessels.
European Union and NATO state Romania is one of Moldova's strongest allies and a supporter of its accession to the EU. Its flagship Black Sea port of Constanta - which will take over Giurgiulesti - is a gateway to Central Asia and provides access to the Danube river and Western Europe.
The EBRD acquired Danube Logistics SRL, the operator of Giurgiulesti port, in 2021.
EBRD "is set to complete the sale of Danube Logistics," the bank said in a statement late on Thursday. "The transaction is expected to close imminently."
The bank added the port of Constanta's board approved the share purchase agreement on Thursday. The statement did not disclose the value of the sale, but a minority shareholder of Constanta port said last year it amounted to roughly $62 million.
Investment in infrastructure and exports of Ukrainian grain in the wake of Russia's 2022 invasion bolstered Constanta port which could become a logistics hub for rebuilding Ukraine and as companies relocate operations to Eastern Europe's low-cost manufacturing hubs to shorten supply chains.
Constanta port has been Ukraine's main alternative grain export route. Although Ukrainian grain exports have fallen sharply last year, to 330,000 metric tons from 6.2 million in 2024, Constanta has facilitated the shipment of over 30 million tons since 2022, the port told Reuters.
(Reporting by Luiza Ilie;Editing by Elaine Hardcastle)
The European Bank for Reconstruction and Development (EBRD) is an international financial institution that supports projects in various sectors, including infrastructure, to promote economic development and transition to market economies.
The Danube River port of Giurgiulesti is significant as it enhances Moldova's logistics capabilities and provides access to international shipping routes, particularly for grain exports from Ukraine.
A logistics hub is a central location where goods are received, stored, and distributed. It plays a crucial role in supply chain management by facilitating the movement of products efficiently.
Constanta port is Romania's largest port on the Black Sea, serving as a key gateway for trade and logistics in Central and Southeast Europe, especially for agricultural exports.
Infrastructure financing refers to the funding of large-scale public works projects, such as transportation systems, utilities, and ports, which are essential for economic development and connectivity.
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