ROTTERDAM, NETHERLANDS — Nidera said on Dec. 17 that it has fully acquired the USA/USC Terminal in the port of Constanta, Romania. With the full ownership, Nidera said it has secured its position in this strategic port at the Black Sea.
The terminal has a total storage capacity of 250,000 tonnes and is able to load two Panamax vessels at the same time, with loading facilities for trucks, trains and barges.
The port of Constanta is a traditional partner for Central and Eastern European countries with high agricultural production. It plays a key role in the export of these products from the inlands of Romania and the Balkans.
Nidera has already been using this terminal for the export of various grains and oilseeds. However, with an ever-increasing market share as a result of improvements in its origination program, full ownership of such a terminal in the port of Constanta is essential for the realization of the company’s growth strategy in this region, Nidera said.
The terminal is a welcome addition to the two currently owned inland silos and the two planned silos in Romania. This new network of facilities will allow Nidera to further increase its origination capacity and optimize logistics.
"This acquisition fits perfectly in our growth strategy,” said Marc Kwakkelstein, executive vice-president Europe of Nidera. “It is a great opportunity for Nidera to establish and sustain a leading position in the origination and distribution of agricultural commodities in Central and Eastern Europe."