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 Romanian Youth Orchestra and the Orchestre National de France, conducted by Cristian Măcelaru, will perform on November 20 at the Radio France Auditorium in Paris. The soloists will be Maria Marica, winner of the 2022 George Enescu International Violin Competition, and Luc Héry, concertmaster of the Orchestre National de France. The program covers works […]
“The Cello Robot” – a Special Artistic Moment at GoTech World 2025 – Blends Art and Technology in a Spectacular Performance GoTech World 2025, the largest B2B expo-conference for IT and digital solutions in Central and Eastern Europe, takes place on November 11–12 at Romexpo, Pavilion B1, bringing together over 100 exhibiting companies that will […]
A Russian drone fell on Romanian territory, in the Grindu area of Tulcea County, approximately 5 km from the border with Ukraine, on the night of Monday to Tuesday, November 10 to 11. The incident was condemned by the Romanian Foreign Ministry, while the president labeled it “an accident.” The drone was most likely part […]
More than 320 items, from the collections of the National Museum of Art of Romania (MNAR), various national and international museums, and private collections, will be included in the exhibition "Romania- Identity Representation of Traditional Dress in Art" ("România – reprezentarea identitară a portului popular în artă"). The exhibition, scheduled to open at MNAR on […]
The net profit of Banca Transilvania, Romania’s largest bank, at the end of September 2025, was RON 2.92 billion (EUR 574 million), 7.9% more than the same period in 2024, a dynamic mainly impacted by the increase of the banking tax, according to the results released on Monday, November 10. Banca Transilvania financed companies with RON 16 billion (EUR 3.15 billion), and the general population […]
Foreign minister Oana Ţoiu announced on Monday, November 10, that the Romanian Senate adopted a bill criminalizing the violation and circumvention of international sanctions against Russia. According to the new law, those who help individuals and companies on the sanctions list will no longer get away with a simple fine but will be held criminally […]
