M Core secures €175 million financing from Alpha Bank Group
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.

Romanian state-owned gas company Romgaz has reached an agreement in principle with fertilizer producer Azomureș regarding the acquisition of its operational activity as a transfer of a going concern.
Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.
Romania ranks first in the European Union for the real burden of electricity prices, with a nominal value 21% above the European average, according to an analysis published by the Intelligent Energy Association (AEI).
Rezolv Energy has commissioned the St. George solar park in Silistra, near the Bulgaria-Romania border. Built on a former airport site, the €270 million project transforms abandoned land into a renewable energy facility.
Romanian employees demonstrate higher engagement and happiness levels at work compared to European averages, according to the 2026 "Workplace Happiness Barometer" launched by Pluxee in partnership with The Happiness Index.