Editorial & Advertiser disclosure
Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking & Finance Review®
Posted on February 13, 2026
2 min read
Last updated: February 13, 2026
Image illustrating the Biysk Oleum Factory’s acquisition of Siemens equipment via intermediaries, highlighting the circumvention of Western sanctions. This reflects ongoing military production efforts in Russia.
Romania’s Strategic Acquisition of Giurgiulesti Port
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.
Details of the Transaction
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.
Importance of Constanta Port
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.
Impact on Ukrainian Grain Exports
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)