The Rusagro-Prim company (Moldova) intends to build a grain terminal with a capacity of 250,000 tons of grain per year at the port of Reni. The port authority’s head Serhii Stroia announced this to the Center for Transport Strategies during the "Danube Synergy" international business forum in Odessa.
The cost of the project is estimated at EUR 2 million. The grain terminal is expected to employ 50 people.
Neither the company nor the port disclosed specific dates for implementation of the project because, according to the head of the port authority, the intention of the investor has not yet been confirmed financially. However, Stroia stressed that the port is positive about the project.
According to the ALL.BIZ Moldova internet portal, the agricultural company is located in Cupcini and it is one of the largest in the area of grain processing in the north of Moldova. It engages in storage and processing of grains and oilseeds, as well as in provision of services involving their shipment and delivery by rail and road to all parts of the world.
The head of the Reni port authority also said during the forum that there has recently been a shortage of fleet for transshipment of petroleum products, which has increased at the port in 2013.
As reported, the Reni seaport increased cargo transshipment by 85% in the first five months of this year, compared with 2012. Its cargo handling volume exceeded the target by 15% in the first eight months of 2013.