Romanian developer Park Properties has partnered with entrepreneur George Peltecu to develop Sunlake Snagov Signature Collection, a development of 22 lakeside villas with a private marina. The project will be built on a 15,000 sqm plot on Lake Snagov shores, with construction starting this spring.
Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.
In addition to SunLake Snagov, the developer is also working on SunLake Residence, SunLake Homes and SunLake Pipera projects.
The developer is currently developing 700 residential units in Bucharest, Pipera, Corbeanca/Balotești and other locations in the country.
The current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.