Port Trans Cargo Terminal more than doubles the capacity of its Grain Export Terminal at Giurgiulesti International Free Port

On November 10, 2016 Trans Cargo Terminal SRL, a subsidiary of Trans-Oil Group (TOG), celebrated the completion of its grain export terminal expansion project at Giurgiulesti International Free Port. As a result, Trans Cargo Terminal is now able to load more than 1,000 tons of grain per hour onto maritime vessels of up to 8,000 tons, as well as river barges – the fastest loading rate of any grain terminal in the region.

Vaja Jhashi, President of TOG stated: “Due to the substantial increase of our capacity we will be able to attract new clients and at the same time enable our group of companies and our existing clients to increase the transshipment volumes. The expansion project consisted of the construction of an additional berth on the Danube, the erection of a silo with a storage capacity of 12,000 tons, a brand new deep water jetty as well as the installation of high-capacity loading equipment. In total about USD 6m were invested for the realization of this project, which has created 30 additional permanent jobs. The expanded facility has a total grain storage capacity of 70,000 tons and increased the grain transshipment capacity from 500,000 tons to over 1,300,000 tons per annum, which is equivalent to about 75% of the Republic of Moldova’s annual grain exports”.

Thomas Moser, the director of Danube Logistics SRL – operator of Giurgiulesti International Free Port: “We congratulate Trans Cargo Terminal for the successful expansion of their grain terminal. The increased capacity ensures that from now on the majority of Moldova’s grain exports can be shipped directly from Moldova to international markets”.

In addition to the export of grains in bulk, which are mostly delivered to the markets in the Mediterranean region, significant quantities of Moldovan grain are exported via Giurgiulesti International Free Port in sea containers to Asia. During the first 10 months of 2016, eleven Moldovan companies have shipped more than 60,000 tons of wheat in sea containers from Giurgiulesti to such countries as Malaysia, Myanmar and Indonesia.

Giurgiulesti International Free Port is the only port of the Republic of Moldova located on the maritime section of the river Danube. 

Trans-Oil Group of Companies (Trans-Oil Group) is very glad to announce the signature of a new loan of US$ 25 million with EBRD.
Over the past 3 years, Trans-Oil Group has more than doubled its exports of agriculture commodities. This new loan will allow us to purchase the Reni port grain facility and expand Giurgiulesti grain terminal.

Through these 2 projects, we plan to attract more farmers and grain traders to use our terminals in Giurgiulesti and Reni.
Port of Giurgiulesti project consists of an additional berth on Danube river, new grain and oil terminals which all together will increase the ships’ loading capacity to 800 metric tons (mt) per hour or 6’000 mt vessel per day. This will sharply improve the efficiency and pace of grain exports from the Republic of Moldova.

The port facility in Reni will be renovated and its loading capacity increased to 400 mt per hour. It will help also help expand our origination potential in Budzhak region in Ukraine.
Both upgraded port installations will allow at least 1.2 million mt grains export from the Republic of Moldova on a yearly basis. We plan to service at least 250-300’000 mt to 3rd parties, in preference domestic grain trading and farming companies.

EBRD has been a privileged partner in our development over the last decade and we are thankful for their continuous support in our successful growth; we welcome this strong positive sign to the regional agriculture economy.
Moldovan agriculture export capabilities are promising and EBRD, through their loan and these new projects, is allowing future to happen.

The Group has recently signed and drawn down the first tranche of the $155 million syndicated pre-export facility. The syndication is lead by Société Générale and have as co-lenders International Finance Corporation, Erste Group Bank AG, Bank de Commerce de Placement, Bank Cantonale de Vaudoise, FIMbank PLC, EurofinAsia and Mobiasbanca – Groupe Société Générale. The facility will support the Group’s commodities purchases, storage and processing for the 2014–2015 harvest season for sale to export markets.

TRANS-OIL GROUP OF COMPANIES is pleased to announce that it recently acquired 100 brand new (116 CubM capacity) grain hopper wagons. The acquisition took place in December 2013. The Company believes the acquisitions will help improve the companies’ logistics dramatically and will definitely increase volume of exports of the group going through our logistics hubs in Reni and Giurguleshti.  The group also plans to use its fleet of wagons also in Kazakhstan and Russia.

TRANS-OIL GROUP OF COMPANIES owns grain terminal in the port of Giurgiuleşti, Moldova, with handling capacity 500 KMT of grains and 300 KMT of vegoils per year. In 2013 cargoturnover of the port of Giurgiuleşti became record high thanks to increasing grain exports. In 2013 Transoil Group secured management and operational control over Reni Port Elevator, and Reni Line in the port of Reni, Ukraine, with handling capacity of 200 KMT.  The Company is the exclusive oilseed crusher in Moldova.

We are pleased to announce that Transoil Group of Companies recently acquired 100 brand new (116 Cub M capacity) grain hopper wagons!We are pleased to announce that Transoil Group of Companies recently acquired 100 brand new (116 Cub M capacity) grain hopper wagons!

The acquisition took place in December 2013. The acquisitions will help improve logistics dramatically and will definitely increase volume of exports of the group going through our logistics hubs in Reni and Giurgulesht .
The group plans to use its fleet of wagons also in Kazakhstan and Russia.

In 2013 Group secured management and operational control over Reni Port Elevator in the Ukraine export through-put facility 250,000 tons of cereals As well as Reni Line Elevator in the Ukraine with export through put capacity of over 200,000 tons of cereals.

We are proud announce, that “Floarea Soarelui” SA successfully passed the audit, qualifying the company as ‘First Gathering Point’ within the International Sustainability and Carbon Certification System (ISCC).  ‘First Gathering Point’ is the ISCC’s most demanding certification level.

 The ISCC certification as ‘First Gathering Point’ enables TransOil Group offers sustainable supply chain of  bio-energy commodities. The ISCC is an advanced certification system that implements the requirements of the German Sustainability Regulations and the European Union’s Renewable Energy Directive. The objectives of ISCC is – to establish an internationally oriented, practical and transparent system for the certification of biomass and bio-energy. The ISCC is oriented towards:

reduction of Greenhouse Gas emissions;

sustainable use of land;

protection of natural biospheres and social sustainability.

Chisinau, Moldova, March 8th, 2013

 IFC in the syndicated facility with FMO and DEG, respectively Dutch and German development banks have successfully disbursed to Trans OIl Group of Companies the final tranche of the USD 70’000’000 facility announced in August 2012.

 Vincenzo Turrisi, COO of Trans oil said : “It is an important milestone for Trans oil. Together with our new partners, we are now ready to focus on enhancing our business in terms of growth in both oilseeds processing and agriculture farming and grain trading in the region. We are as well putting emphasis on environment and sustainability. We have already started some important capital investments in order to make our crushing plant in Balti (Floarea Soarelui) more efficient and eco-friendly, meeting the highest international standards.

 Agriculture production will become a more important part of our business portfolio as Republic of Moldova shows a high potential of improvement, development and consolidation.  The support of the IFC and syndicated and parallel lenders has been essential and for sure will help the group achieving its strategic targets of becoming significant regional player.

Grupul de companii Trans-Oil, un lider pe piata autohtona de grane, a reusit intr-un timp record sa se afirme in aceasta industrie. Ambasadorul Statelor Unite in Moldova s-a aratat de-a dreptul impresionat de tehnologiile intreprinderii Trans Cargo Terminal amplasate in portul international liber Giurgiulesti.