Economy
Romania's inflation could hit 6% by year-end, says ING
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
The panellists of Property Forums first virtual event discussed the potential short- and long-term impacts of the coronavirus crisis on property investments in the CEE region.
Speakers (left to right):
First row:
Csanád Csűrös (Property Forum), Victor Constantinescu (Kinstellar)
Second row:
Gijs Klomp (CBRE Romania), Luke Dawson (Colliers International), Hannes Wimmer (Erste Group)
Third row:
Adrian Karczewicz (Skanska), Noah Steinberg (WING)
Stay tuned for our upcoming series of online events:
https://www.property-forum.eu/forums
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.