The operation is emerging as the ministry has already made a similar move at Bucharest Airports National Company, where it last week announced it convened the General Meeting of Shareholders in early 2026 to take over FP’s stake.
“From my point of view, CNAPMC is a high performing and profitable company, a reason why I believe the CNAB model can be replicated at Portul Constanta,” Ciprian Serban told ZF.
FP owns 20% in CNAPMC, a stake valued at around RON350 million, the second most valuable in the fund’s portfolio after Bucharest Airports.
The signal from the Ministry of Transport comes at a time when CNAPMC is going through a period of traffic adjustments, but with financial results above the approved budgets.
CNAPM reported RON154.6 million net profit in the first nine months of 2025, above the level budgeted for the entire year (RON101.5 million), highlighting a performance above initial estimates, despite falling volumes and the more volatile context.
(English version by Catalina Apostoiu)