M Core opens new retail park in Orăștie

Green 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
ING Bank Romania aims for net-zero in its own operations
Finance

ING Bank Romania aims for net-zero in its own operations

ING Bank Romania has invested €11 million in the past 11 years in environmental actions in Romania and €1.2 million were donated in 2022 alone for vulnerable groups' support, says Alexandra Maier, Sustainability Manager at ING Bank Romania.

Architect Matius Ichim: Lack of education in terms of ESG is the challenge
Real estate

Architect Matius Ichim: "Lack of education in terms of ESG is the challenge"

Lack of education in terms of ESG (environmental, social, and governance) and a poor number of good practice solutions are two of the challenges in the field, says Matius Ichim, Architect at Matius Studio and owner of the retail platform www.prioretail.ro. He talked to Green Forum about the advantages of a sustainably built commercial space. He says that 15-20% of the operating networks in Romania have started implementing ESG key principles in their fit-out design and close to 5% in full sustainable standards.

How have FMCG and retail companies ditched single-use plastics?
Industry

How have FMCG and retail companies ditched single-use plastics?

Since the EU has banned single-use plastics across member countries, European FMCG and retail companies have been busy finding alternative solutions for their product portfolios and consumer offerings. We take a look at innovations in this area from Romanian and global companies.

RECOMMENDED FROM THE HOME PAGE
Data and energy performance are redefining real estate value
Real estate

Data and energy performance are redefining real estate value

In a video interview recorded at Bratislava Property Forum 2026, Hubert Abt FRICS, CEO of workcloud24, explains why energy performance is emerging as the most important operational metric, how investors are approaching sustainability and what it takes to create real value through data-driven asset management.

Energy

Rezolv Energy launches Bulgaria's St. George solar park

Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.

Finance

ProCredit Bank Romania launches CO2 calculator for SMEs

ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.

Real estate

Sustainability moves from ambition to action

Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.