Press Releases

Accoring to Law no. 297/2004 on the capital market, Regulation 1 / 2006 issued by the Romanian National Securities Commission, BVB code and Financial Calendar for 2010, the company IMPACT DEVELOPER & CONTRACTOR SA, informed the investors that can find the quarterly report for the first semester 2010 at the company's headquarters located in Voluntari, Pipera-Tunari, no. 4C, Construdava Business Centre, 6th Floor, Ilfov, starting with 13 August 2010, Monday to Friday, between 8:00 -16:30, or using the link: http://www.impactsa.ro/en/stakeholders-investors/financial-reports/financial-situations/half-yearly-financial-situations/ read more

Impact Developer & Contractor SA (Impact SA) diminished by 5% its total debts in the first semester of this year, but along with the diminishing of the sales and of the profit of the company, because of the unsafety of consumers generated by the unsettled economic situation, the unpopular fiscal measures of the Government and of the devaluation of leu. read more

Based on the Court's decision, the lawyers that represented Impact SA in the Court on August 11th, 2010, got the provisional suspension of the opening of the insolvency procedure. read more

The Ordinary General Meeting that followed to take place on the date of 6th of August 2010 and had been called on the date of 1st of July 2010 by the Board of Directors of Impact Developer & Contractor SA will not take place anymore. read more

On January 28th, 2010, Impact Developer & Contractor (mentioned in this statement as Impact SA) send the information letter no. 161 to the Bucharest Stock Exchange in which was mentioned that it was filled to the Bucharest Court a legal claim no. 323/3/2010 by Romconstruct SA (Ploiesti) in order to open the insolvency procedure against Impact Developer & Contractor SA. We mention that Romconstruct SA is a subcontractor that Impact SA collaborated in the past with. Impact canceled the contracts with this subcontractor due to the fact that they have been conducted their works in a poor manner and didn't accomplish several terms of the contract, including the poor quality of work conducted and repeated delays added to over 200 days, which attracted material damages and affected the Impact SA's image in the relation with the beneficiaries. read more