EBRD sells operator of Giurgiulesti International Free Port in Moldova to Romanian port of Constanta

The European Bank for Reconstruction and Development (EBRD) is set to complete the sale of Danube Logistics, the operator of the Giurgiulesti International Free Port (GIFP), to the Romanian state-owned Port of Constanța. The transaction is expected to close imminently.  

On 12 February, the approval of the Share Purchase Agreement (SPA), signed on 31 December 2025, was announced by the Port of Constanța.

The Port of Constanța commits to significant long-term investment in the further development of Giurgiulesti port. The strategic objective is to expand its capacity, enhance its infrastructure, and reinforce its position in the Black Sea region and the Danube basin. 

Giuseppe Grimaldi, EBRD Head of Moldova, said: “This transaction marks a milestone for Moldova’s economic development and integration into regional and global trade networks. It also demonstrates the growing investor confidence in Moldova’s potential and its strategic importance as a logistics and transport hub for the wider region.” 

Since acquiring Danube Logistics in 2021, the EBRD has been the sole owner of the port. Under the EBRD’s stewardship, the port has achieved consistent growth, significantly higher throughput volumes, revenues and profitability. 

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Press release