The investment amounts to EUR44 million and will take 24 months to complete.
The new world-scale terminal will add handling capacity of more than 2 million
tons of grain a year in the port of Constanta, which has become an important hub for the increasing production of grains in the Danube region.
“With this investment, as well as with the concomitant revamping of our fertilizer plant Azomures, our Romanian assets will fulfill the high EU standards in terms of efficiency, emissions and safety and will therefore be well placed for the future,” said Andreas Zivy, chairman of the board of directors of Ameropa Holding.
Ameropa is one of the largest agricultural commodities traders in Romania and the company also manufacturers fertilizers in Romania in the Azomures plant in Targu Mures.