BAKU, Azerbaijan, April 14. The European Bank for Reconstruction and Development (EBRD) has initiated a structured mergers and acquisitions (M&A) process for Giurgiulesti International Free Port, Moldova’s main sea-to-river port, Trend reports.
The bank is conducting an international tender to identify potential investors who can support the long-term development of the port.
This M&A process is being coordinated with the Moldovan government to ensure alignment with international best practices and standards. The goal is to facilitate inward investments and further enhance the port’s operational efficiency and commercial framework.
Since acquiring the port in 2021, the EBRD has improved its efficiency, throughput, and profitability. The bank has expressed its commitment to attracting reputable investors to help transform the port into a competitive hub for regional and international trade. Raiffeisen Bank is advising the EBRD on the M&A process.
Giurgiulesti International Free Port, located along Moldova’s short stretch of the Danube River, handles more than 70% of Moldova’s waterborne trade. It plays a crucial role in securing supply chains for the country and is positioned to support the future reconstruction of Ukraine.
The EBRD has supported the port since 1995, and in 2021, it acquired full ownership of Danube Logistics SRL, the operator of the port.