ARTICLES LABELLED WITH TAG Impact Developer & Contractor

Romanian property group Impact Developer & Contractor has announced the appointment of Richard Dan-Sebastian Câmpeanu as interim General Manager starting June 1 following a decision of the Board of Directors. He will replace Constantin Sebeșanu, who will complete a 3-year stint at the helm of the company.

Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.

Romanian development company IMPACT Developer & Contractor has raised €8 million from a bond sale that targeted institutional investors. The bonds have a maturity of 48 months and the proceeds from transaction will be used to finance current operations and new residential investments.

Romanian developer Impact Developer & Contractor will launch in the next period in Bucharest a new residential complex comprising over 850 premium apartments with a market value of around €350 million. 

Romanian property company Impact Developer & Contractor has obtained the construction permit for its Greenfield Copou residential project in Iași that will have a market value of around €175 million.

Romanian developer Impact Developer & Contractor has completed the first 209 apartments comprising the first phase of the Boreal Plus residential project in Constanța.

Romanian developer Impact Developer & Contractor said it sold 275 residential units during 2022, which had a combined value of 210 million lei (€‎42.6 million). In the same year, the company recorded pre-sales for another 450 homes with a combined value of 236 million lei (around €‎48 million), according to a statement submitted to the Bucharest Stock Exchange (BVB). 

Romanian property company IMPACT Developer & Contractor recorded a net profit of RON 15 million (€3 million) in the first nine months of 2022, which was double compared to the same period of last year over higher residential sales. 

Romanian property company Impact Developer & Contractor has completed a new phase in its Greenfield Băneasa project in northern Bucharest. The recently delivered phase has a market value of more than €16 million.

Romanian company Impact Developer & Contractor recorded sales of 90.3 million lei (€18.5 million) for 110 residential units in the first half of 2022, up 45% compared to the same period of last year.