EBRD takes over operator of Moldova’s Giurgiulesti port
Photo by Piotr Swat / Shutterstock.com
The European Bank for Reconstruction and Development said on Wednesday that it has acquired 100% of the capital of the Danube Logistics Group, the operator of Moldova’s Giurgiulesti International Free Port.
Through its acquisition, registered by the relevant court in Moldova on May 18, the EBRD aims to promote a continuation of the successful operation and development of the port and will seek to attract international investors to further support and develop the port, it said in a press release.
Giurgiulesti International Free Port is Moldova’s only sea-river port located on the river Danube. On average, the port facilitates the international trade of Moldovan companies with more than 50 countries every year.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
