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.
The EBRD has announced it will provide a €175 million loan to Greek utility group PPC to support renewable energy projects across Bulgaria, Greece and Romania.
Romania ranks 7th out of 11 countries in the CEE AI Index 2026, which highlights one of the strongest AI policy foundations in CEE alongside one of the largest gaps between strategy and actual economic adoption.
Romania's Competition Council has fined 10 banks a total of €710 million for violating competition rules through coordinated behaviour in the Robor interest rate setting process.
The Romanian Competition Council has fined 10 local banks a total of RON 3.73 billion (€710 million) for breaching antitrust regulations.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has announced a €13.5 million investment plan for developing its sixth farm and expanding composting facilities as part of its 2025-2030 growth strategy.