The number of housing units sold in Bucharest in the first quarter of the year rose by 18% from the year-earlier period, while nationwide demand went up by 19%, according to real estate consultancy Colliers.
PepsiCo, a major player on the snacks and beverages market, has completed works to install over 3,000 photovoltaic panels on Dragomiresti, Popesti-Leordeni and Covasna plants, in the wake of a total $2.1 million investment.
The Parc Hotels complex, one of the largest hotel companies that includes four-star units Ramada Parc and Ramada Plaza located in northern Bucharest, ended 2023 with a turnover of RON63.4 million (EUR13 million), up 3% on the year, in line with data from the finance ministry.
The Bucharest Stock Exchange (BVB.RO), the operator of the capital market in Romania, announced that during the April 24 meeting its shareholders approved distribution of RON12.5 million dividends from 2023’s profit or a gross dividend of RON1.555 per share, which translates into a 2.4% yield based on the trading price.
Half of the real estate companies in Central Europe (49%) estimate investment to increase in 2024 and only 19% expect a decrease (lower than 51% in 2023), amid improving perception of growth potential in the market, according to Deloitte's 2024 Real Estate Confidence Survey for Central Europe.
Dutch-Belgian Ahold Delhaize Group, owner of the Mega-Image store chain in Romania, has announced the opening of a technology center in Bucharest that will employ around 250 specialists over the next few years.