Real estate developer Park Properties has announced the start of construction works for SunLake Snagov Signature Collection, a high-end residential complex located on the shore of Lake Snagov, near Bucharest.
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.
PPC Blue Romania, part of the PPC group in Romania, has signed a partnership with Dedeman, a Romanian-owned DIY retailer, for the installation and operation of electric vehicle charging stations across Dedeman's national store network, both existing and future locations.
OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.
Raiffeisen Asset Management (RAM) manages around 15% of the financial assets of Raiffeisen Group's individual clients in Romania, almost double the market average.
Romania registered the highest annual inflation rate in the bloc for May 2026, reaching 9.7%, according to Eurostat.
In 2026, production sites in Romania are turning to power studies to understand how energy is consumed and distributed within their own installations, at the level of equipment and production lines.