Also, Socep will buy a ship-to-shore STS crane and two RTG cranes for handling containers, getting ready for an investment in a 100,000 tons capability vertical silo.
The investment will be 30% paid from own sources, while the rest will be covered from banking loans, according to a stockholders’ decision.
Socep posted revenue of 22.8 million lei in the first five months of 2015, down 14% compared with the same period a year ago, while its net profit increased 7%, at RON3.77 million.
Socep’s shares on the Bucharest Stock Exchange increased 26% in 2015.
The port operator is majority owned by cousins Niculae and Ioan Dusu.
(English version by Manuela Panescu)