Real estate | 17 September, 2025 at 12:38 PM
M Core starts retail park development in Galați
M Core has started development of M Park Galați, the city's first retail park, on a 100,000 sqm plot acquired in December 2024.
M Core has started development of M Park Galați, the city's first retail park, on a 100,000 sqm plot acquired in December 2024.
DIY retailer Leroy Merlin has announced an investment budget of €27.9 million for 2025, representing an increase of nearly 50% compared to 2024.
Timișoara emerged as the sole Romanian city to experience growth in the office leasing market during H1 2025, defying a national downturn, according to a report by Fortim Trusted Advisors.
Leroy Merlin, part of the French ADEO Group, is one of the largest DIY retailers in Romania, operating an extensive network of 22 stores in 16 cities.
The unit in Pitesti is due to open in autumn when the delivery of the new project by Square 7 Properties is scheduled.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.