Cargo Transhipments via Giurgiulesti International Free Port in 2010 exceeded all expectations

Cargo Transhipments via Giurgiulesti International Free Port in 2010 exceeded all expectations

• 11.01.2011

 During 2010 Giurgiulesti International Free Port transhipped 371,211 metric tons of cargo, almost 5-times more than in 2009. 59% of the transhipped cargo was grain, 23% gravel and 16% oil products. Thomas Moser the chairman of ICS Danube Logistics SRL – the general investor and operator of Giurgiulesti International Free Port – stated: “the final 2010 transhipment volumes exceeded our expectations and with the start of the operation of the general cargo and container terminal in spring, we expect that the transhipment volumes will continue to increase this year. ”

Apart from the logistics operations Giurgiulesti International Free Port is actively engaged in the marketing of its industrial zone to national and international investors. Thomas Moser stated in this regard: “ I am confident that we will be able to complete our negotiations with a number of investors who plan to establish major manufacturing facilities within the port in 2011. Their arrival will create a substantial number of jobs that will benefit the entire region.”

Giurgiulesti International Free Port is operated by ICS Danube Logistics SRL, a company owned by the Dutch company EASEUR Holding BV (80%) and by the European Bank for Reconstruction and Development (20%).

Danube Logistics, Giurgiulesti International Free Port

Giurgiulesti International Free Ports (GIFP) entire 120 ha territory has a status of a free economic zone and consists of an oil product terminal, a grain terminal as well as a general cargo and container terminal including a RoRo ramp (start of operation by September 2011). Due to its location on the Lower Danube with available water depths of up to 7 meters, GIFP is capable of receiving both inland and sea-going vessels. Against this background the GIFP serves its clients as: - the only direct sea/river-borne transshipment and distribution point to and from the Republic of Moldova, - a regional logistics hub on the border of the EU with access to road, European and Russian railway, river, sea, and - an excellent business location, because of its strategic location, tri-modal transport infrastructure, low cost environment and a unique customs and tax regime.