Valuation Giurgiulesti International Free Port

MTBS was appointed to execute an independent valuation of Danube Logistcs, landlord and operator of the Giugilesti International Freeport. GIFP is located at the southern tip of Moldova and is the country’s only connection to the Black Sea. The port has been operating since 2007 and is under continuous development. The valuation was executed in light of an upcoming re-financing of the balance sheet of Danube Logistics. The valuation covered the stevedroing activities in the port and the management of the Free Trade Zone included in GIFP; both activities are being executed by Danube Logistics in relation to their 99 year lease on the land of GIFP.