Chimpex has signed a EUR 27 million loan agreement with BCR to build a new grain terminal at the Black Sea.

The contract was signed on March 11 and has a duration of 10 years. Chimpex will use the loan to build a terminal with a capacity of 200,000 tons in the Port of Constanta. The terminal will have an operating capacity of over 3.5 million tons of grains per year (wheat, barley, corn, rapeseed, sunflower, etc.) and will allow simultaneous unloading from trains, trucks, barges and loading to PANAMAX vessels up to 63,000 tons.