M Core opens new retail park in Orăștie

Business Forum
M Core has inaugurated M Park Orăștie, a retail park designed to strengthen the group's presence in regional markets and expand its national portfolio of convenience-led retail assets. Located on a 23,000 sqm land plot, the project delivers a built area of approximately 5,500 sqm.

The development comprises single-level retail units designed to modern technical and operational standards. It hosts a mix of brands across fashion, homeware, electronics and everyday essentials, ensuring an offer aligned with local market demand and consumer behaviour.

Sebastian Macdonald-Hall, Co-CEO Romania and CIO (Europe) at M Core, said: "The fundamentals in this market remain compelling and our strategy is to invest in places where we see sustained demand, committed occupiers and room for growth."

James Fife, Co-CEO M Core Romania, added: "Orăștie is a well-established commercial location with a loyal catchment and strong tenant interest, which made it a natural next step in our regional expansion."

The development incorporates energy-efficient building solutions that meet M Core's ESG principles and dedicated parking facilities that support sustainable mobility. 

RECOMMENDED
AFI secures €537 million refinancing for Romanian projects
Real estate

AFI secures €537 million refinancing for Romanian projects

AFI has secured a €537 million refinancing package for three projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. This represents the largest real estate refinancing transaction in Romania, reinforcing AFI's commitment to the growth and development of its projects in the country.

Romanias mall entertainment market triples to €30 million
Real estate

Romania's mall entertainment market triples to €30 million

The active entertainment component within shopping malls in Romania was valued at €28-30 million in 2024, excluding competitive socialising venues such as bowling and billiards, which are also growing rapidly. This represents almost three times the market size compared to 2019, finds a study by Nhood Romnaia.

RECOMMENDED FROM THE HOME PAGE
Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.  

Agriculture

Agroland opens two new stores with €350,000 investment

Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.

Energy

Over 27% of Romanians interested in buying heat pumps

Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.

READ MORE
Business Forum  |  27 November, 2025 at 7:13 PM
Business Forum  |  27 November, 2025 at 5:35 PM