Impact Developer & Contractor (IMP) on Thursday joined the club of the large Romanian companies with over one billion lei market capitalisation, the company informs in a release .Impact shares ended Wednesday's trading meeting at a rate of 0.640 lei, with an increase of 4.07 pct compared to the previous meeting, which led to a capitalization of 1,008,000,000 lei.According to the press release, since the beginning of the year and with caution in the last six months, Impact actions have doubled their value amid investors' reaction of interest to the company's announcements regarding the elaboration and start of the national development strategy, centered around the concept of sustainability. The most recent step in the implementation of the strategy was the decision of the Extraordinary General Assembly of Impact Shareholders to authorize the Board of Directors to increase the share capital of the company, through one or more issuances of ordinary actions, with a nominal value up to 193.75 million lei, within one year."I am glad to say that we have become a Romanian unicorn, which is not a small thing if we think that we are one of the few Romanian entrepreneurial companies that reach this benchmark. The optimism of investors makes me extremely confident that we will achieve and even exceed the announced objectives and the future ones. It is at the same time a proof that the efforts we constantly make to implement the best practices of corporate governance, to transform our business into a completely sustainable one, based on consideration to the environment and community development, are appreciated by investors", said Constantin Sebesanu, CEO of Impact Developer & Contractor.The immediate objective of Impact is to activate the development of 2,707 housing units at national level within the ensembles in Bucharest, Iasi and Constanta by the end of 2021.The real estate developer recorded revenues worth 68.9 million lei from the sale of houses in the first half of 2021, resulting in an increase of 5 pct compared to the same period of last year, according to a recent company release.With 30 years of experience on the market, Impact Developer & Contractor SA is the first real estate developer listed on the Bucharest Stock Exchange.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
