M Core to develop new retail project in Lugoj

Business Forum
M Core has received approval for the Zonal Urban Plan (PUZ) for a new retail project in Lugoj. 

The new M Park Lugoj will be built on a plot of land spanning approximately 32,000 sqm, with a built-up area of 9,800 sqm. The development has already secured a strong mix of international and local tenants for the entire retail space.

Clemens Petschnikar, CEO of Square 7, part of M Core, said: “This achievement reflects our close collaboration with local authorities and the continued positive reception of our developments across Romania. Our goal is to bring Lugoj a sustainable, high-quality retail space that meets the everyday needs of its residents.”

Construction is slated to start next spring, with delivery expected in January 2027.

RECOMMENDED
M Core buys Shopping City Suceava
Real estate

M Core buys Shopping City Suceava

M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.

Ahold Delhaize completes Profi acquisition in Romania
Real estate

Ahold Delhaize completes Profi acquisition in Romania

Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release. 

RECOMMENDED FROM THE HOME PAGE
Agriculture

CEC Bank enables refinancing of farming loans

CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.

Finance

Romania's Fidelis bonds attract over €260 million in November

Romania's tenth Fidelis government bond issuance of 2025 attracted subscriptions worth over RON 1.3 billion lei (€260 million) during its seven-day offering period from November 7-14, demonstrating continued strong investor interest in this savings instrument.

READ MORE
Business Forum  |  18 November, 2025 at 11:04 AM
Business Forum  |  18 November, 2025 at 8:40 AM