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 programs Documentary Mondays and Fiction Tuesdays return at the Czech Center in Bucharest between May 13 and June 4, on Mondays and Tuesdays. Four films are part of the Documentary Mondays program, where the directors will take part in online Q&A sessions with the public. Apolena Rychlíková’s Limits of Europe, which follows the Czech journalist […]
The Bucharest National Airport Company (CNAB) has said an order was issued for the start of the construction works on an additional parking lot at the Henri Coandă International Airport, Bucharest’s main one. The parking lot, covering 20,265 sqm, will be constructed under a contract worth RON 14.89 million (without VAT) by an association between […]
Prime minister and Social Democratic leader Marcel Ciolacu reiterated the ruling coalition's decision to hold the presidential elections on September 15 for the first round and September 29 for the second round. Ciolacu added that the dates will not be changed to suit any party or individual. "We have a coalition decision that the elections […]
Romania’s economy minister, Ștefan-Radu Oprea, recently announced that Borusan Pipe will open a new production facility in the Alinso Industrial Park, located in the commune of Ariceștii Rahtivani, Prahova County, in a few months. The facility will start manufacturing pipes used in automobiles, with clients including Dacia and Ford Otosan, as well as companies from […]
The Republic of Moldova is a Guest of Honour country at this year's Bookfest, the book fair taking place in Bucharest between May 29 and June 2. Close to 40 events are part of the guest country program, from book launches to debates on current topics. Among the Moldovan authors who will be present at the […]
The Romanian medical recovery chain Centrokinetic, backed by the AGISTA growth investment fund, has recently purchased its eighth clinic, namely the Socrates Clinic in Timișoara. The completed transaction will see Centrokinetic acquire nearly 70% of the clinic's shares, with one of its founders, Dr. Armand Gogulescu, retaining a little over 30%. Plans for the immediate […]
