Romania is entering the final stage of the acquisition of Danube Logistics, the operator of the Port of Giurgiulesti in the Republic of Moldova. The buyer is the state-owned Constanta Sea Ports Authority, which reports to the Romanian Ministry of Transport. Currently, the European Bank for Reconstruction and Development is the sole owner of Danube Logistics. The main objective of the transaction is to integrate the Port of Giurgiulesti into Romania’s logistics system, expand its capacity, and strengthen the region’s role in the Danube and Black Sea transport corridors.
The Port of Giurgiulesti is strategically important as it is Moldova’s only seaport accessible to seagoing vessels and is located on the border with Romania and Ukraine. The Romanian side offered approximately $62 million for the operator and has committed to invest at least $28 million in the development of port infrastructure. The final price is scheduled for February 11, 2026, after which the transaction is subject to shareholder approval.
The Moldovan Ministry of Economy confirmed the legality of the agreement, emphasizing that it concerns exclusively the private port operator and does not affect state-owned land. Moldova’s National Security Investment Review Council has already approved the deal. However, the agreement has sparked controversy in Romania: a minority shareholder in the port of Constanta, Fondul Proprietatea, is challenging the deal’s value in court, claiming it is inflated. The court refused to stay the proceedings, citing the lack of immediate and guaranteed damages.