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Whether you are an investor, shareholder, current or future resident, here you can find news about Impact Developer & Contractor and all its projects.

2020
OCT 09

Impact Developer & Contractor continues its national expansion and enters the real estate market in Iași

Impact Developer & Contractor, Romanian real estate developer listed on the Bucharest Stock Exchange, enters the real estate market in Iași through the acquisition of a 19,068 sqm land plot. The transaction marks a major step in the developer’s strategy for implementing Greenfield and LUXURIA living standards in large cities throughout the country.

The land is located in Copou area, known as one of the most attractive residential areas in Iași and also a historical landmark of the city, an area that is very well connected to the main points of interest in Iași. On this land plot, the developer will replicate the Greenfield model, its successful residential compound from Bucharest. Thus, the project will be a sustainable one, included in the green category, with BREEAM certification and it will include buildings of low height regime, large green areas, services that offer a modern standard of living.

Similar to Greenfield project in Bucharest, the compound that Impact will develop in Copou area of Iași will host a new residential community with a unique living experience, in harmony with nature, completed by the proximity of tourist attractions and relaxation areas such as the Botanical Garden and the Copou Park.

The transaction follows the developer’s launch, this year, of the construction works for Boreal Plus compound in Constanța, as part of the expansion strategy in the large cities of the country.

`An important part of Impact Developer & Contractor group’s strategy is to expand and promote Greenfield and Luxuria Residence living standards, both in Bucharest and in the large cities of the country. We are delighted to enter the real estate market in Iași by purchasing a plot in one of the best areas of the city, where we will implementone of our successful projects! This acquisition is our first expansion step in Iași, and in the coming years we will  expand and consolidate our presence in Iași`, said Sorin Apostol, CEO of Impact Developer & Contractor.

This year, Impact Developer & Contractor continued the construction and sales activities in its main projects based in Bucharest and in the country. In Greenfield Residence, the company will start the development of the largest community center in a residential compound, that will complete the range of facilities offered to residents. On the premium segment, in Luxuria Residence, project that has the BREEAM Excellent Certification, the developer delivered the first phase (232 apartments), held the reception for the second phase (268 apartments) and is continuing the works for the third phase (130 apartments). In Constanța, Impact has begun the construction of Boreal Plus, which will include 18 villas and a total of 673 apartments, and will benefit from a Kaufland store developed in its immediate vicinity.

2020
OCT 02

Luxuria Residence held the reception for the second development phase with 268 apartments

Luxuria Residence, the first luxury project developed by Impact Developer & Contractor in Expoziţiei area, held the reception with the authorities for the second development phase and thus becomes the most advanced residential project in this area. The reception was organized for 4 high-quality buildings, with a total of 268 units.

The units in the second phase of the project have a vast typology: from studios to 2-room, 3-room, or 4-room apartments, as well as duplexes and penthouses adapted to a select lifestyle. The apartments have total areas ranging from 75 sqm to 349 sqm, generous heights of 2.8 - 3 meters, and modern design, with luxurious finishes. By June 30th, 2020, 31% of the second phase units were precontracted.

The second development stage of the compound integrates generous green spaces, gardens, and a lounge dedicated to residents for various activities, such as networking, remote work, meetings, or reading and relaxation.

Luxuria Residence was designed to fit the energy class A category and is currently the only residential project in the country that holds the BREEAM Excellent Certification, bringing residents long-term benefits. 

IMPACT Developer & Contractor has entered the luxury residential market with a project that raises the standards for quality and energy efficiency. BREEAM Excellent is a benchmark qualification and we are pleased that the first to experience this new living concept will be Luxuria’s residents. These days we took another step towards completing the second phase of the project and because the whole ensemble already looks like a western scenery, with sumptuous buildings and unique landscaping, we received much appreciation both from investors and final customers who want to live in Luxuria Residence”, said Sorin Apostol, CEO of Impact Developer & Contractor.

The entire project, which will include 630 apartments, is developed on a 22,500 sqm land plot, out of which 42% (9,650 sqm) is dedicated to green spaces. The overall housing area is complemented by a variety of facilities that anticipate residents’ needs, offering them a high living standard: secured access in the complex, human security, video surveillance, 24/7 receptions, exclusively underground parking, private park, fitness center, lounge and playgrounds. The location of the project, between Expoziției Boulevard and Aviator Popișteanu Street, ensures great connectivity with the city's centers of interest, such as parks (5 minutes drive to Herastrau Park), hospitals, educational units, restaurants, wellness clubs, and shopping centers. 

 

 

2020
SEP 04

Impact Developer & Contractor received the building permit for 5 blocks of flats in Boreal Plus project in Constanța

Impact Developer & Contractor, the only real estate developer in Romania listed on the stock exchange, announces the obtaining of the building permit for 341 apartments, 450 sqm of commercial spaces and 427 parking spaces in Boreal Plus residential compound in Constanța.

Located in one of the best rated residential areas of Constanța, in Palazu Mare, Boreal Plus residential compound includes a total of 691 homes, of which 673 apartments, in 9 blocks, and 18 luxury villas.

The 5 blocks, with a height regime of GF +8F+Technical floor and GF+11F+technical floor, will include 341 studio apartments, with 2 and 3 rooms, with an estimated delivery time in the first part of 2022. Boreal Plus passes into the second phase of development of the project, after in the first part of the year, the begining of the construction works of the 18 villas in the project began, representing the first phase of development.

Boreal Plus will be built in four stages, on a plot of 64,440 square meters, and the location benefits from easy access to the beach and transport infrastructure, as well as a kindergarten, Kaufland hypermarket, playground for children, with sports field and commercial spaces. The neighborhood is located near DN2A, only 15 minutes away from the center of Constanta, but also from the A4 motorway.

"Developed in line with the sustainability policy pursued by Impact Developer & Contractor in all national projects, Boreal Plus will have a selective waste collection and management system, energy efficient lighting along with specialized infrastructure for recovery and wastewater management. The location in Constanţa, where Impact started the new investment, has an increased development potential considering that there is no large residential compound of superior quality in the area. The area also records higher rental prices compared to the rest of the market in Constanta. The average cost of rent for a one-room apartment is 250 euros in this area, compared to the market average of 180 euros. For two- and three-room apartments, the rent varies between 350 and 400 euros, compared to the city average of 260 and 350 euros, respectively. An investment in a rental home in this area would generate a return of at least 6.5%, a result superior to other investment instruments available on the Romanian financial market, especially considering that there is a launch offer for the first phase of sales", said Sorin Apostol, CEO Impact Developer & Contractor.

Boreal Plus apartments are well sized and compartmentalized, have panoramic views to Lake Siutghiol, which adds elegance and comfort for an exclusive life near the Romanian coast. The complex will also have 826 parking spaces, of which 289 will be arranged in a multi-storey car park, with a height of Ug + Gf + 4F.

At the design level, Boreal Plus is created to integrate harmoniously with the environment with the help of exterior finishes and materials that create a minimalist ecosystem with straight, clean lines, without excessive details.

2020
AUG 21

Impact Developer & Contractor: 60% of apartments contracted from the existing stock in the first half of 2020

IMPACT Developer & Contractor S.A. (IMP) ended the first half of 2020 with 133 homes sold and 260 pre-contracted homes, totaling 212 million lei. Of the stock of 487 apartments available in S1, 255 in Greenfield and 232 in Luxuria (March 2020), 60% were contracted. To these are added 102 pre-contracted apartments in the new development phases.

The first semester of 2020 focused on the construction of buildings and the preparation of documentation for future constructions in the representative neighborhoods developed by the company in Bucharest: Greenfield Băneasa and Luxuria Residence, respectively Constanța - Boreal Plus.

In H1 2020, 133 sale-purchase contracts were registered, which brought revenues of 65.808 million lei, to which are added 260 pre-contracts of sale, purchase and reservations totaling 146.28 million lei. The 133 contracts mean 88 units sold in Greenfield (7,650 sqm) and 45 in Luxuria (3,347 sqm), including apartments, parking lots and yard lands related to the package. The apartments sold in the first semester of 2020 totaled a built area of ​​10,998 sqm.

"In a difficult time, with two months of lockdown and a crisis caused by the Covid-19 virus, Impact Developer & Contractor continued its construction and sales activities, with a focus on trading completed apartments, available in both Greenfield, as well as in Luxuria. Despite this crisis, Impact was on a positive trend, registering in the first half a profit of 8.7 million Lei, and an EBITDA of 17.6 million Lei. We have confidence in the projects we develop and in their degree of attractiveness, which will raise the level of profitability in the second half of the year in accordance with the objectives assumed by investors and shareholders. The housing acquisition behavior has acquired new valences, especially in the context of the COVID crisis, but also of the New House program, which encourages buyers to move towards more spacious, better quality housing, thus raising the living standards of Romanians. More time spent at home with Government-imposed measures due to the pandemic crisis has mobilized people to move to larger homes and ensembles where the living context includes gardens, parks or forests, as in the case of Greenfield. Working from home created the need for an office room in the apartment and became a motivating factor in the purchase, and the fact that Luxuria thought of this option from the project stage, is a plus for those who work from home, "said Sorin Apostol , CEO Impact Developer & Contractor.

For the second semester, Impact envisages: for Luxuria, the completion of the second phase (268 apartments) and the continuation of the works in the third phase (130 apartments); obtaining construction permits, starting works and financing the fourth phase of Greenfield and the first phase of development in Boreal Plus Constanța.

The fourth development phase of Greenfield Residence includes the Teilor Ensemble (1,900 apartments) and brings a premiere for IMPACT: the first commercial project with a recreation center - Greenfield Plaza, offering a mix that will complete the range of facilities offered within the community.

Greenfield Plaza includes a Strip Mall, SPA area, gym, office area. The new Greenfield phases will be designed to include Smart City facilities and buildings that respect the design principles of green buildings, minimize energy consumption and use energy from renewable sources, leading to a reduction in carbon footprint.

IMPACT ON THE CAPITAL MARKET

In April 2020, following the EGMS decision of April 28, 2020, it was approved to reduce the company's share capital from LEI 274,443,532, with the amount of LEI 9,443,532, by reducing the number of shares, from 274,443,532 shares to 265,000,000 shares, as a result of the cancellation of a number of 9,443,532 treasury shares, acquired by the Company. The reduction of the share capital took place and was registered in July 2020.

CSR ACTIVITIES

With a constant interest in raising the standard of living of Greenfield residents, Impact has taken the first steps so that all children of the residents can benefit from educational centers near the house. In order to build a state school and a kindergarten, Impact donated the land and the project necessary for their construction to the Bucharest City Hall, both amounting to 1.75 million Euros.   

2020
AUG 17

Impact Developer & Contractor started paying dividends amounting to 10.7 million lei

Impact Developer & Contractor, the only Romanian real estate company listed on the Stock Exchange, pays dividends to shareholders, starting with the 17th of August, 2020. Payment is made automatically for investors registered in the RoClear System or upon request, by bank transfer based on a previous request, or in cash, at the BRD Group Societe Generale counters.

The shareholders of Impact Developer & Contractor approved in the General Meeting of April 28 of this year the distribution of dividends amounting to 10.7 million lei from the profit of 154.14 million lei obtained during 2019. Thus, a gross dividend is quoted at 0.04 lei per share, which ensures investors a return of 2.73%.

The shareholders who can benefit from dividends are those who are registered in the issuer's shareholders' register, on 27.07.2020. Shareholders who are customers of a Participant in the clearing-settlement and registry system of the Central Depository may collect their dividends through it.

In the case of shareholders who do not have an account opened with a participant of the RoClear system, the payment is made as follows:

• by bank transfer, based on requests sent by shareholders;

• in cash, at the bank counters of BRD Group Societe Generale throughout the country.

„Impact Developer & Contractor respects the payment procedures of the shares and ensures a transparent communication towards all its shareholders. 29 years of existence on the real estate market and the experience of 24 years of listing on the Bucharest Stock Exchange are relevant indicators, which give confidence to shareholders and those interested in investing in Impact shares. We are developing large-scale projects, which validate the excellence of the company and they are reference points in its evaluation, from an investment point of view. Greenfield Residence and soon Greenfield Plaza, the first commercial project of Impact, the premium ensemble Luxuria Residence and Boreal Plus from Constanța are projects that we are focusing on at the moment, proving the experience accumulated over time. We implement innovative, sustainable concepts that meet exactly the expectations that the market has. Sustainability is Impact's operating policy, and correlating it with the 3 P's of sustainability (planet, population, profit) that have a strong impact on business is a necessary practice, because the planet, people and profit are essential assets for Impact,” said Sorin Apostol, CEO of Impact Developer & Contractor.

Impact Developer & Contractor is listed on the Bucharest Stock Exchange, with the IMP stock symbol, since 1996. The main shareholder of the company is Gheorghe Iaciu, who holds 58% of the shares, followed by Adrian Andrici, with 15% of the shares.

2020
JUL 16

Impact Developer & Contractor received the approval to donate land for school and kindergarten in Greenfield

The residents of District 1 Bucharest will benefit from new educational institutions near Băneasa Forest, an area with clean air, extremely necessary for children. A state school and kindergarten will be built in Greenfield, the forested neighborhood, after the General Council of Bucharest accepted the proposal to donate a 9620 sqm plot of land, submitted by Impact Developer & Contractor. The value of the donation, which also includes the project for the construction of the school and kindergarten, amounts to 1.75 million euros, according to the evaluation report.

In the meeting that took place on Wednesday, July 15, 2020, the General Council of Bucharest adopted a project aimed at responding positively to the offer of donation of land located in Bucharest, Aleea Teișani District 1, for the construction of a school and a public kindergarten in the Greenfield neighborhood. According to the information contained in the document, the construction works, which are the responsibility of the Council, have a starting date of 31 December 2020.

„The offer of donation with tasks authenticated under no. 456/2020 of SC Impact Developer & Constructor SA having as object the land located in Aleea Teişani no. 300-324, no. 394-410, Mogoşoaia Forest Road no. 15-31, no. 33-41, plots A 468/37, 38, 39, 40/1, 40/2, 40/3, 40/4, 40/5 and 40/6, sector 1 (currently Aleea Teişani no. 312-324, sector 1) with an area of ​​9,620 sqm. (...) After concluding the donation deed in authentic form, the building-land (...) passes into the administration of the Local Council of Sector 1 in order to include in the public domain of the Municipality of Bucharest and the construction of a school and a kindergarten, together with all the necessary annexes and utilities ”, is mentioned in the adopted draft decision.

The project responds to the need for schools and kindergartens in District 1, an area in continuous development on the residential segment, with a continuous increase in the number of preschoolers and students. The two educational centers are an integral part of the largest community center built in a residential complex in Bucharest, developed on 32,071 sqm, which will include: strip mall, kindergarten and state school, STB terminal, minibus station.

The school and kindergarten will have direct access to a public road and will be modern educational spaces, where approximately 1,000 children from the northern part of Bucharest will be able to learn, as follows:

- the kindergarten will be able to receive 150 children in 15 classrooms, a multifunctional room, a medical office + isolator, a food office, administrative spaces, technical spaces and a covered playground;

- in school they will be able to learn two series of 390 children in 13 classrooms, 5 laboratories (chemistry, biology, physics, computer science, foreign languages), two workshops (music and arts), 1 after-school room, 1 library , a gym + locker rooms, a multifunctional foyer, a speech therapy office, a pedagogical counseling office, a medical office + isolator, a buffet space + food office, a school shop, a covered inner courtyard, an outdoor sports field free, a partially covered recreation yard, a maintenance workshop, bicycle parking platforms, various technical and administrative spaces.

"Over time, we have supported a healthy lifestyle and had multiple initiatives to educate the general public, the Greenfield community and educate children. Plogging and planting events, birdwatching sessions and the construction of bird houses in Băneasa Forest prove the involvement in non-formal education and social responsibility. And because the time has come to do more for education, with the support and acceptance of the City Hall and the Local Council of District 1, we managed to donate this land on which will be built kindergarten and school, which will benefit all those who live in north, especially in the vicinity of the Greenfield neighborhood. It is an important step for us and we hope that the initiative will be appreciated and, why not, to inspire others, because educational institutions closer to home contribute to a high standard of quality of life," said Sorin Apostol, CEO to Impact Developer & Contractor.

The advantages that the two educational centers bring are: reduced travel time to school and kindergarten for nearby residents, reduction of pollution, the possibility of prolonged sleep in the morning and a plus for children, in terms of fresh air.

2020
MAY 29

The biggest real estate developer listed on Bucharest Stock Exchange gets involved in education

IMPACT DEVELOPER & CONTRACTOR submitted to the MUNICIPALITY OF BUCHAREST the donation offer of 9,620 sqm for the construction of a school and a public kindergarten. It is about a land located in the north of Bucharest. Currently, in that area of District 1 live approximately 1,500 children of school and preschool age, the nearest educational unit being over 4 km away. This situation generates traffic congestion, pollution and a low level of safety for students who have to travel long distances to school.

The approach of IMPACT Developer & Contractor represents a step towards normalcy and an invitation for all major real estate developers in the country to evolve by investing in education. This year, the company has allocated over 1 million euros (excluding VAT) for the expansion of public utilities that will serve both the school and kindergarten, as well as other areas in the vicinity of the Greenfield neighborhood. IMPACT Developer & Contractor plans to build additional access roads nearby. Today, they are in the final phase of approving the PUZ documentation, and once completed, they will be transferred free of charge to the public domain.

According to the approved urban plan, near the school and kindergarten will be built on 2 lands provided free of charge to the municipality, an STB terminal, various other public functions and an ISU subunit to serve the entire northern part of the capital. For the execution of these functions and infrastructure elements, IMPACT Developer & Contractor has allocated a budget of over 3 million euros (excluding VAT).

Located in the area delimited by Băneasa Forest, Tunari Forest and Teișani Alley, Greenfield is the flagship project of Impact Developer & Contractor, and the plans of the district development company include buildings with low CO2 footprint, green spaces much larger than legal regulations, as well as smart city and wellness solutions. In this regard, Impact Developer & Contractor will subsidize the construction of a community center in the neighborhood with commercial, service and sports functions. Thus, at the same time as satisfying a real need of the inhabitants of the complex, the traffic generated by the residents to the city will be significantly reduced. The entire development strategy of the Greenfield neighborhood is designed to be part of a set of public functions of general interest, for the benefit of the entire northern area of ​​Bucharest. Below, we present the steps that the company followed to start this project and details on its realization.

At the end of April, by notarial deed, at the request of the City Hall of District 1 of Bucharest and the General City Hall of Bucharest, Impact Developer & Contractor submitted to the General City Hall of Bucharest and the General Council of Bucharest the donation offer for the urban land of 9,620 sqm, located in Bucharest, Teișani  Alley, District 1, adjacent to the Greenfield neighborhood. That land is registered in the Land Book no. 277156 of Bucharest, District 1. According to the zonal urban plan ZUP- Teișani Alley - Pădurea Neagră Street, no. 56-64, the land area that is the object of the donation has the function of UTR Education.

The Local Council of District 1 voted in favor of the request to CGMB, on 28.05.2020, for the reception in administration for the construction of a school and a public kindergarten on this land, together with all the necessary annexes and utilities, according to the draft annexed to the donation act and all technical documentation for the building permit, also donated free of charge. In this sense, there is already an agreement of principle acceptance from the Administration of Pre-University Education Units and Public Sanitary Units Sector 1. The start of works also has a precise deadline, no later than 31.12.2020.

Together with the project for the construction of the school and kindergarten, the value of the donation amounts to approximately 1.75 million euro, according to the evaluation report.

The school and kindergarten will have direct access to a public road and will be modern educational spaces, where approximately 1,000 children from the northern part of Bucharest will be able to learn, as follows:           
- the kindergarten will be able to receive 150 children in 15 classrooms, it will have a multifunctional room, a medical office + isolator, a food office, administrative spaces, technical spaces and a covered playground;

- in school there will be able to learn two series of 390 children in 13 classrooms, 5 laboratories (chemistry, biology, physics, computer science, foreign languages), two workshops (music and arts), 1 after-school room, 1 library , a gym + locker rooms, a multifunctional foyer, a speech therapy office, a pedagogical counseling office, a medical office + isolator, a buffet space + food office, a school shop, a covered inner courtyard, an outdoor sports field free, a partially covered recreation yard, a maintenance workshop, bicycle parking platforms, various technical and administrative spaces.

2020
MAY 15

Impact Developer & Contractor sold 94% of Greenfield and 62% of Luxuria Phase 1 project

IMPACT Developer & Contractor S.A. (IMP) ended the first quarter of 2020 with 94% contracting for Greenfield project and 62% contracted from the first phase of Luxuria project, with sales revenues of 4.8 million euros, EBITDA of 980 thousand euros and an optimistic outlook for the next two quarters, when expected 25 million Euro of sales revenue. The estimates are based on the delivery of the apartments from phase 1 of Luxuria, located in the new business pole of Bucharest, which includes a necessary mix of residential and office.

Impact activity in the first 3 months of 2020 was dominated by the development of two residential projects in Bucharest: Greenfield Residence Băneasa and Luxuria Domenii Residence. As of March 31, 2020, 2,394 apartments were contracted (94%), namely 2,338 sale and purchase contracts and 56 promises and reservations, out of the 2,548 apartments already built, related to the Greenfield project. The reported sales figures reinforce Greenfield's high level of interest in the market and confirm the viability of Impact projects.

Luxuria Domenii Residence ensemble completed the first phase and started the delivery of the apartments. As of March 31, 2020, the first phase is contracted in proportion of 62%, which constitutes sale-purchase promises, starting with the signing of sale-purchase contracts from May 15, 2020. At this moment, 31% of the second phase is reserved (83 apartments out of the 268 available), and the third phase (130 apartments) was recently launched for sale. The positioning in the northern part of the capital, the high degree of construction quality and the facilities offered are relevant strengths in the current context, in which the comfort and safety of housing become a priority.

In addition to the 50 sale-purchase contracts, the value of which is reflected in revenue recorded in the first quarter of 2020, on 31 March 2020 pre-sale and purchase contracts and reservations were signed for 286 apartments in Greenfield and Luxuria, with a value of of 32.8 thousand Euro.

"2020 has started promisingly and the current situation creates an additional motivation to maintain at the same level the prestige of Impact projects on the real estate market and the relevance among consumers, through differentiators that influence the decision to purchase a home. Currently, in Bucharest we are developing a new product in Greenfield, Panoramic Apartments, a home wellbeing concept for new members of a community with a focus on a healthy lifestyle. On the premium segment, at Luxuria Domenii Residence, we started handing over the first apartments in phase I, now having turnkey apartments available for sale, with the possibility to move in short time. We continue the finishing works for the second phase and the construction works for the third phase. In Constanța, we started the sales within the Boreal Plus project for the 18 villas and the blocks, totaling 675 apartments, which are in the authorization phase ", said Sorin Apostol, CEO of Impact Developer & Contractor Group.

By the end of the year, Impact also intends to complete phase II (268 apartments) of Luxuria project, to advance the works for phase III (130 apartments), to obtain building permits and to start the works for Greenfield IV and Boreal Plus Constanța. Another objective is the prospecting of financing solutions for phase III Luxuria, Greenfield IV and Boreal Plus Constanța.

 

 

About Impact Developer & Contractor S.A.

Founded in 1991, Impact Developer & Contractor SA is the first 100% private real estate company in the post-communist period. In the 29 years of activity, the company has developed 16 residential complexes in Bucharest and in the country, totaling over 450,000 square meters built and over 4,000 units delivered.

Impact Developer & Contractor is listed on the Bucharest Stock Exchange since 1996. Starting with 2006, its shares are listed in category I of BVB, and since January 2015 Impact shares are traded in Premium category, according to the new segmentation of BVB.

 

2020
MAY 06

Luxuria Domenii Residence completes phase one of development, being the first ensemble to deliver premium housing in Exhibition area, in 2020

Bucharest, 06.05.2020: Bergamot Developments S.R.L., a company owned by Impact Developer & Contractor, announces the completion of the first phase of Luxuria Domenii Residence project, which will take place in the second half of May. Classified in the premium category, the residential complex is positioned in the new business hub of the capital, where over 20,000 corporators will work, an aspect that maintains a high degree of interest for nearby homes.

The construction works of the first phase, called A2, started in March 2018 and were recently completed, with the reception made together with the state institutions and the tabulation of the buildings, and the apartments will be handed over starting with May 15, 2020.

The residential compound was designed from the beginning to be included in energy class A and in the category of green buildings, receiving Breeam Excellent Certification, which is an alignment to the international standards of residential buildings. The first phase totals 232 apartments and includes studios, studios, 2, 3 and 4-room apartments and 4- and 5-room penthouses.

As of December 31, 2019, the reservation rate was 55% of the first phase apartments, in the top of preferences being the 2-room apartments. Clients also showed interest in studios, as well as for 3-room apartments, the ranking being followed by 4-room apartments and duplexes.


"Despite the distortions currently created by the spread of Covid-19, the real estate market in Romania maintains a healthy foundation, based on both a sustainable demand and a mature industry sector, supported by developers with solid financial resources. Therefore, we believe that in the next period, the residential real estate segment will return relatively quickly to normal, especially in the new construction segment. That is why, at present, we have adopted a series of measures to protect the employees against the spread of the new virus, which allowed us to continue the execution of the construction work plan, so that we can meet the delivery deadline for the first phase of the project. Given the announced plans of the authorities, for the gradual lifting of isolation measures, we are confident that we will be able to meet the deadlines for the following 2 phases: 268 apartments with delivery in December 2020, and 130 apartments in April, respectively 2021. At this moment, we are working in parallel on all three phases of the project, at a pace that ensures the achievement of these objectives ", said Sorin Apostol, CEO of Impact Developer & Contractor.

In the context of a new perspective on lifestyle and how to relate to one's home, Luxuria Domenii Residence satisfies many of the modern citizen needs, who wants to make a change for the better and reach the next level, through the quality of his life.

Luxuria offers a western living context in a good area of ​​Bucharest, multiple facilities as a whole: exclusively underground parking, theme park, fitness centers, lounge, 24/7 receptions, children playgrounds, secure access, human security and video surveillance. The nearby points of interest cover the needs of business people, but also of families: parks (5 minutes drive to Herăstrău Park), hospitals, educational units, restaurants and clubs and wellness centers. Connectivity to key points means easy access to the city center, business centers and to the airport, which reduces traffic time.

2020
APR 29

A new large-scale residential project, developed by Impact, in Constanța

Bucharest, 28.04.2020: Impact returns with strong will on Constanta market and starts the works on Boreal Plus project. The new complex will be developed on a plot of land with an area of ​​4 ha located in the north of the city, in Palazu Mare, one of the best rated residential areas of Constanța. The project will deliver 693 premium homes, villas and apartments on the market and will be built in 3 phases, carried out over a period of 3 years (2020 - 2023). The market value of the project is 61.6 million €.

Boreal Plus is an extension of the already known Boreal neighborhood, the first residential project that the developer delivered in Constanța (2010) and it is positioned on the medium-high segment, targeting people with above average and high income. The ensemble will include 4 individual villas and 14 connected to the heel, together with 9 blocks with a maximum height regime GF + 11F.

The individual villas have a built area of ​​170 sqm and those connected to the heel have an area of ​​167 sqm. They present modern compartmentalization, which differentiates the rest area from that of daily activities. For extra harmony with the natural environment, each house has land for green space, with areas from 315 sqm to 458 sqm. The construction works for the villas are advancing rapidly, the resistance structure being already completed. The units can be pre-contracted starting May 2020 and will be delivered in September. The sale price of a villa starts from 291,000 € (VAT included).

The 9 blocks, which are in the authorization phase, will be developed in 3 stages: the first 3 blocks with 210 apartments will be delivered in 2021, 2 blocks with 133 apartments in 2022 and the last 4 blocks with 332 apartments in 2023. Out of the total of 675 apartments, 227 will be studios, 342 will be 2-room apartments and 106 will be 3-room apartments. The homes are well sized and compartmentalized and benefit from a panoramic view of Siutghiol Lake, which adds elegance and comfort for an exclusive life near the Romanian coast. The complex will also have 811 parking spaces, of which 289 spaces will be arranged in a multi-storey car park, with GF + 4F height that will be built in the first stage.

"Boreal Plus project marks the return of Impact to Constanța. The company has been among the pioneers of residential developments in the city after the revolution, opening the Tomis residential area, through the Boreal project. Constanța remained in our attention as an area with great residential potential, given both the tourist interest of the area, but especially the prospects for economic development. We are confident that the economic expansion of the port will continue to consolidate the status of major regional commercial hub of the city and together with advantages such as the presence of a strong university center or very good connectivity with the Capital, will contribute in to the economic development, making it the economic area of ​​the country with one of the highest growth rates. We have already seen the first signs of this return on the residential market in the last two years, in which the demand for new homes has grown steadily in Constanța.

Therefore, we believe that the launch of Boreal Plus project comes at an optimal time, especially since we aim to bring a unique mix of quality, style and accessibility to the residential market in Constanța. Boreal Plus project brings a new standard of living in the medium-high segment, combining key factors such as the advantageous location, the wide range of facilities available and sustainable development, using carefully selected materials and efficient technical solutions. Located in the north of Constanța, leaving behind the agitation and pollution, the new neighborhood will offer residents a quiet environment, close to nature, where they can develop harmoniously, while having the opportunity to easily connect to places of interest in the city. We are confident that the multiple advantages of the project will make Boreal Plus the ideal home for the modern buyer, who is looking for a balance between urban comfort and the natural environment ", said Sorin Apostol, CEO Impact Developer & Contractor.

The location of the complex provides easy access to various points of interest, being 15 minutes from the city center, the A4 motorway and only 10 minutes from the beach. The area will be served by the Kaufland supermarket right within the complex, hypermarkets and supermarkets nearby: Carrefour, Mega Image, Penny Market and Auchan, large shopping centers such as Tom and Vivo, but also by educational and medical units.

Responsibly and sustainably planned, the neighborhood will include: selective waste collection and management system, efficient lighting, wastewater recovery and management. The architectural style of the buildings in Boreal Plus is a minimalist one, both the premium materials, interior and exterior finishes, as well as the colors and textures being chosen so it can harmoniously integrate into the environment.

 The project has provided green areas on an area of ​​12,000 square meters, which provides a natural environment, conducive to relaxation, for residents. The project is completed by a range of services and facilities that anticipate the needs of residents for a quality urban life, from parking, storage rooms and secure access, to commercial and office spaces, a park with a playground for children, but also a kindergarten, for added accessibility, safety and comfort for families.

2020
MAR 02

Results in 2019: 156.6 million lei from sale contracts and 161 million lei from pre-sale contracts

Bucharest, 02.03.2020: IMPACT Developer & Contractor SA (IMP) ended 2019 with 352 homes sold, worth 156.6 million lei and 263 pre-contracted units, worth 146 million lei. The sales result has increasing by 54% compared to the figures of the previous year. The pre-sale-purchase contracts in the two projects in the capital, Greenfield Băneasa and Luxuria Domenii Residence, will take place during the year 2020.

The company recorded an operating profit (EBITDA) of 52 million lei and a net profit of 165 million lei. The net profit for the year 2019 also reflects the impact of accounting appreciation of the significant portfolio of land held by the company.

In 2019, Impact continued the construction work on the existing projects, Greenfield Baneasa and Luxuria Domenii Residence in Bucharest. These were materialized by the completion of the third development phase in Greenfield, with the delivery of the last 192 apartments. In parallel, it was obtained the urbanism act for a new project, Boreal Plus from Constanța, located in the immediate vicinity of the Boreal project, built by the developer 10 years ago.

"We ended year 2019 with very good results, which prove the competence of the company, respectively a 54% increase in sales compared to the previous year. Beyond the financial aspects, the sales results confirm the attractiveness of our projects, the fact that we have managed to develop real estate products with a high standard of quality for different categories of public, offering them modern housing experiences. Our mission is to have a positive impact on people's lives and to generate profitable investments for our clients. For the year 2020, considering that we are approaching the anniversary of 30 years of activity, we plan a new phase of expansion, by geographic expansion in the main cities of Romania and by diversifying the portfolio of projects.” said Sorin Apostol, CEO Impact Developer & Contractor.

In 2020, Impact will start work for phase IV in Greenfield Baneasa and for the new community center, Greenfield Plaza. In Luxuria Domenii Residence, the first two phases will be completed and the last phase of development will begin, and in the other cities of the country, Impact will start sustainable projects, in order to capitalize on the accumulated and proven experience. Thus, work will begin for the Boreal Plus residential complex in Constanța, which is in the extension of the already known Boreal neighborhood.

By 2028, Impact has planned the development of 9 projects worth 1.2 billion Euros, in 5 major cities in Romania.

2019
NOV 14

The results consolidated after 9 months period confirm the sustained growth of sales and profitability

• 210 sold apartments, worth over 100 million lei (+ 63%);

• 334 pre-sale contracts and bookings worth more than 163 million lei (+ 80%) to be converted into sale-purchase contracts in the next period;

 

Bucharest, November 14, 2019: IMPACT Developer & Contractor SA (IMP) sold in the first 9 months of the year 210 homes and outbuildings (parking lots, courtyards) worth 100,550 thousand lei, up 63% compared to the same period in 2018. In addition to the 210 sale-purchase contracts, on September 30, 2019, pre-sale and booking contracts were signed for 334 apartments with a value of approx. 163.5 million lei in Greenfield and Luxuria projects. Their value will be highlighted as revenue in the following quarters. The operating profit obtained (EBITDA) registered an increase of 189% compared to the equivalent period of 2018, representing the best result after 9 months registered by the company, in the last 10 years.


“The results recorded in the first 9 months confirm, once again, the success of the existing projects, Greenfield and Luxuria. We continue to rely on a strong interest, both from real estate investors and final consumers, so we are confident that we will support this growth in the fourth quarter. We are expecting the completion of the authorization process for the next development phases shortly from Greenfield and the Boreal Plus project from Constanța, which marks the beginning of a new phase of expansion of the company by developing more than 5,000 homes and 6,000 square meters of commercial spaces, together with essential facilities for the communities created, such as recreation and relaxation units, public education or public transport facilities ”, said Răzvan Ionescu, Marketing Director of Impact Developer & Contractor.

 

The homes traded during the mentioned period totaled a built area of ​​19,172 sqm, 45% higher than the units sold during the first 9 months of 2018 (13,201 sqm), the mix being mainly composed of apartments with 3 and 4 rooms. Most of the homes (209) were sold in Greenfield Baneasa, the largest residential complex in District 1 of the capital.

 

Luxuria Domenii Residence: During this period we have continued the works for the construction of the first two phases of the project, which have the deadline for receiving the construction works for the fourth quarter of 2019, respectively the third quarter of 2020. On September 30, 2019, the first two phases are contracted. 44% (60% first phase and 30% second phase). Luxuria Domenii Residence addresses the premium segment of the residential market. The project was started in 2018, is developed in three phases, on an area of ​​approx. 2.25 ha and includes 630 apartments, with delivery until the second half of 2021.

 

Greenfield Baneasa Residence: In the third quarter there were completed the construction work for the last 192 apartments with 2, 3 and 4 rooms, related to phase III of development. As of September 30, 2019, over 90% of the 2,548 apartments built in the first 3 development phases of the district were contracted. Also, the steps for obtaining the PUZ for Greenfield IV (approx. 1,900 apartments) and Greenfield V (over 2,400 apartments) were continued. Greenfield IV will include the Greenfield Plaza community center which will involve a Strip Mall, office area, SPA area, gym, school and kindergarten, STB terminal. These new phases will be designed to include Smart City facilities and buildings that can be categorized as green buildings, minimizing energy consumption and using energy from renewable sources, leading to a reduction in the carbon footprint.
2016
NOV 11

IMPACT Developer & Contractor SA: incomes of over RON 123 million at Q3 2016 and an increase of 273% in the net profit

At the end of Q3, IMPACT Developer & Contractor SA (IMP) has registered income of RON 123 million, of which RON 112, 1 mil (EUR 23,6 million) from selling of apartments, the best result of the company in its history, an increase of 42% compared to the same period of last year. Based on these results, the net profit has increased to RON 27,9 million, an increase by 273% compared to last year’s result when the company had a net profit of RON 7,5 million.                      

The GREENFIELD residential project has generated most of the sales. There have been 429 signed contracts and pre-contracts during January-September. In terms of customers’ preferences, the 2 rooms apartments ranked first (50%), followed by 3 rooms apartments (36%), and finally by 4 rooms apartments (14%).

"The outstanding financial results achieved in the first nine months have arrived even at a time when the market was slightly retained not only because of the introduction of the Law on Debt Discharge, but also because of the end of the funding granted for First Home program thus reconfirming the quality of the GREENFIELD project that becomes a bestseller on the residential districts’ market. Our priorities in the near future will be directed both towards completing the construction works for the 39 new buildings in Greenfield and towards starting the development of two new projects in the Bucharest Ghencea and Barbu Vacarescu areas, where the company owns almost 30 hectares of land plots intended to be used for future residential development. In addition, we are constantly following trends and market developments in order to be able to  provide attractive residential products thus ensuring IMPACT recognition as the leader of the local residential market", says Bartosz Puzdrowski, CEO of IMPACT.

IMPACT currently holds approximately 890.000 sqm mainly intended for the development of new real estate projects in Bucharest, where the company intends to focus on its future projects. The land plots registered in property investments in addition to the fixed assets have been reassessed at the market value in December 2015.

The company's liabilities have decreased by 24% at Q3 from RON 106,83 million to RON 80,8 million. Overall, the company's indebtedness level to September is around 17%, which shows an increased capacity to generate new projects.

2016
AUG 24

Impact appoints Bartosz Puzdrowski as new CEO

Starting with the 1st of September, the CEO position at Impact Developer & Contractor, the first private real estate developer in Romania, will be filled by Bartosz Puzdrowski for the next 3 years. The Polish executive has been assigned by the company’s Board of Directors, after a rigorous candidate selection.

An experienced real estate manager with over 20 years in the profession, Bartosz Puzdrowski has previously held executive and senior management positions in leading companies on the residential, office and retail real estate market. He was, among others, Board Member at ICON Real Estate in Poland and Finland (responsible for office and residential development and refurbishment projects in Warsaw and Helsinki), the Managing Director for the Real Estate Development Segment in Marvipol Group (a leading residential developer in Poland, listed on the Warsaw Stock Exchange), CEO at Polnord SA (a leading residential developer in Poland, listed on the Warsaw Stock Exchange).

He has also been the Country Manager for Poland and the Baltics at Avestus Real Estate (a leading commercial real estate developer in CEE region), as well as the Director of the Development Department at ECE Projektmanagement Polska (a leading developer and investor of shopping centers in Europe) and Regional Development Manager at McDonald’s Polska. He graduated from the University of Warsaw, faculties of Philosophy & Sociology and a Master's program in Management, as well as from Warsaw - Illinois Executive MBA, where he majored in Business Administration and Commerce.

2016
AUG 18

Impact is investing over 44 million euros in expanding GREENFIELD neighborhood located in north of the capital

Bucharest, 18 august 2016: IMPACT Developer & Contractor, the first private real estate developer in Romania, is launching Platanilor Ensemble, the third development phase of the GREENFIELD residential complex located in Baneasa. For this stage, the developer is investing over 44 million euros in terms of blocks, infrastructure and other related utilities, and it will be completed during the first trimester of 2017. The apartments can be booked starting with August 2016.

Platanilor Ensemble is developed on a land area of 10 hectares and it includes 39 blocks built in a height regime of P+4E and P+5E, totaling 888 apartments with 2, 3 and 4 bedrooms. The first 21 blocks (476 apartments) will be delivered at the beginning of 2017 and the next 18 blocks (412 apartments) will be completed in the third trimester of the next year.

In this new development, a major attraction will be the Platanilor Park, in which the vegetation especially chosen will complete an area of 6.000 square meters with playgrounds, multifunctional sports ground, a fitness area and a recreation area, also charming the residents with wonderful colors and fragrances.

"After a very good first semester in terms of sales in which we have exceeded all of our other excellent results since 2008 until now, we have started to work on the third phase of the GREENFIELD neighborhood. The new residences will benefit from the same high quality standards that define this project and, in addition to that, we are now offering a unique advantage for the northern area of the capital – prices that are below the average ones in district 1. Thus, we intend to facilitate the acquisition of a new apartment for more customers that wish to buy a home in a great location in the northern area of the capital that is in the middle of nature, yet also very close to the city. Considering the success of the completed phases so far, we are expecting Platanilor Ensemble to also record good results. GREENFIELD’s community is currently bringing together more than 3.000 residents and is expanding each and every single day”, have said the representatives of IMPACT.

The new apartments in Platanilor Ensemble are equipped with premium finishing, under floor heating and exterior walls, 40 cm thick. The sanitary items are the latest model from the Ideal Standard brand, as well as the PVC windows Salamander Streamline with the new 5 rooms, VIESSMANN VITODENS central heating, Pinum doors, Kerama Marazzi sandstone and faience and Egger 8 mm thick parquet. The apartments located upstairs own a terrace, and the ones located at the ground floor have their own garden. The majority of the kitchens are closed, but they can be open-space too. Also, all the apartments are provided with storage units. The finishing in the common areas (interior staircase) is made of natural granite, and the elevator is Swiss, from the very well-known brand, Schindler.

The first phase of GREENFIELD was developed during 2007-2010 and is 100% sold. It covers an area of 10 hectares and includes 680 apartments and villas in five ensembles (Ruby, Topaz, Blue, Onyx and Quartz). The second phase, Salcamilor Ensemble, developed during 2014-2016, covers an area of 7 hectares and includes 35 buildings with 924 apartments of one, two, three and four bedrooms. Currently, it is 85% sold.

About Greenfield

GREENFIELD is the largest residential project situated in Bucharest’s District 1, surrounded on two sides by Baneasa and Tunari forests. The compound is located in close proximity to Baneasa forest, near the area’s biggest shopping centers and Pipera – Aviatiei office hub and a few minutes away from DN1, A3 highway and Henri Coanda International Airport. The concept of this project makes the transition from the independent residential compound to the development of an integrated urban community. Started in 2007, GREENFIELD was planned to be developed gradually in several phases. The compound has a total residential area of 60 ha and includes over 6.000 housing units. The over 900 ha of forest that embrace GREENFIELD as a natural filter ensure the lowest temperatures and emission values in Bucharest.  

 

About Impact

Impact Developer & Contractor SA is the first and also one of the largest real estate developers in Romania. The company was founded in 1991 by public subscription, and, in 1996, it was listed on the Bucharest Stock Exchange. In 2006 the company's shares were promoted to the first tier on the BSE; the company thus became the first representative of the real estate development and construction industry in Romania being listed in this category. With 25 years of experience in the field, Impact delivered 16 residential compounds, over 330.000 built sqm, over 3.500 housing units and was awarded more than 100 distinctions for excellence. The company has expanded its business nationwide, being now present in Bucharest, Constanta, Oradea and Ploiesti.  

Impact is the company that launched the concept of "residential compound" in Romania, in 2001.

2016
JUL 11

Over 300 apartments contracted in the first 6 months

Over 300 apartments contracted in the first 6 months, the best result from 2008 until now

 

Bucharest, July 11th, 2016: In the first semester of this year, Impact Developer & Contractor, the first private real estate developer in Romania has concluded over 300 contracts and selling pre-contracts for the apartments in GREENFIELD, the residential compound situated in Baneasa, summing a total amount of € 23,85 million (VAT included). This is the best result recorded by the company from 2008 until now, after 6 months of activity. On average, there were over 50 apartments contracted monthly, with a sales record registered in March consisting of 72 apartments sold. The most wanted were the 2 room apartments which are currently SOLD OUT (175 units), followed by the 3 room apartments (103 units). Around 28% of the apartments were sold through the state-backed “First Home” program for first home buyers.

 

The apartments are located in Salcamilor residential compound, the second phase of the GREENFIELD project, developed throughout 2014-2016, which covers an area of 7 ha and includes 35 blocks with 924 apartments. GREENFIELD thus reaches an 85% occupancy rate, counting almost 3,000 residents at this moment.

“This semester, Impact, as a developer, has exceeded their excellent results obtained before 2008. GREENFIELD mainly contributed to this and is a unique project on the Romanian real estate market due to the fact that it is located in District 1 yet in the middle of nature. Furthermore, even though the project is situated in the Northern area of the capital, we can still offer our clients apartments starting from 783 EUR/sqm +VAT, a price that is 15% lower than the Northern area’s average price. Even these days, a 4 room apartament with a total surface of 124 sqm can be bought with 436,445 RON +5% VAT (96,990 EUR +5% VAT)”, have declared the IMPACT representatives.

The compound’s apartments are equipped with premium finishings, underfloor heating and exterior walls 40 cm thick. The apartments located upstairs own a terrace, and the ones located on the ground floor have their own garden. The majority of the kitchens are closed, but they can be open-space too, opening to the living room. The sanitary items are the latest model from Ideal Standard brand, as well as the PVC windows Salamander Streamline with the new 5 rooms, VIESSMANN VITODENS 050W central heating, Pinum doors, Delta Design sandstone and faience and Egger 8 mm parquet. Also, all the apartments are provided with storage units. The finishings in the common areas (interior staircase) are made of natural granite, and the elevator is Swiss, from the well-known brand, Schindler.

 

About Greenfield

GREENFIELD is the largest real-estate project situated in Bucharest’s District 1, surrounded on two sides by Baneasa and Tunari forests. The concept of this project makes the transition from the independent residential compound to the development of an integrated urban community. Started in 2007, GREENFIELD was planned to be developed gradually in several phases and will be completely delivered in 2022. The compound has a total residential area of 60 ha and includes over 6.000 housing units.

GREENFIELD is located in close proximity to Baneasa forest, near the area’s biggest shopping centers and Pipera – Aviatiei office hub and a few minutes away from DN1, A3 highway and Henri Coanda airport. The over 900 ha of forest that embrace the district act as a natural filter ensure the lowest temperatures and emission values in Bucharest. The subway stations Tokyo, Washington and Paris on Line 6, which will link the existing network in Bucharest to Henri Coanda Airport, will be located near GREENFIELD, close to Baneasa Shopping City, the US Embassy and the French High School.

 

About Impact

Impact Developer & Contractor SA is the first and also one of the largest real estate developers in Romania. The company was founded in 1991 by public subscription, and, in 1996, it was listed on the Bucharest Stock Exchange. In 2006 the company's shares were promoted to the first tier on the BSE; the company thus became the first representative of the real estate development and construction industry in Romania being listed in this category. With 25 years of experience in the field, Impact delivered 16 residential compounds, over 330.000 built sqm, over 3.500 housing units and was awarded more than 100 distinctions for excellence. The company has expanded its business nationwide, being now present in Bucharest, Constanta, Oradea and Ploiesti.   

Impact is the company that launched the concept of "residential compound" in Romania, in 2001.

2015
FEB 12

Press release – Availability of Preliminary Financial Statements as at 31.12.2015

IMPACT DEVELOPER & CONTRACTOR SA with headquarters in the Volunatari City, Str. Pipera Tunari, no. 4C, Construdava Business Centre, 6-7th floor, Ilfov County, Reg Com No. J23/1927/2006, CIF: RO155483,

In accordance with Law no. 297/2004 on Capital Market Regulation, with Regulation no. 1/2006 regarding the issuers and securities operations, BSE Code and with the updated Financial calendar for 2016, bring to the attention of investors the possibility to consult the Preliminary Financial Statements as at
31.12.2015, at the working point of the company, located in Bucharest, Bucuresti – Ploiesti St., No. 172 – 176, Willbrook Platinum Business & Convention Center, Building A, 1st Floor, after the date of 15 February 2016, Monday to Friday, between 8:30-16:30 and on the company website www.impactsa.ro.

The report will be published on 15 February 2016 after 18.30.

The Preliminary Financial Statements as at 31.12.2015 are not audited.

For more details you can ask questions about these documents at intrebarifrecvente@impactsa.ro mail address.

 

S.C. IMPACT DEVELOPER & CONTRACTOR S.A
President of the Board of Directors
Iuliana Mihaela Urda

2015
FEB 12

Press release – Availability of the Report for Q3 2015

IMPACT DEVELOPER & CONTRACTOR SA with headquarters in the Volunatari City, Str. Pipera Tunari, no. 4C, Construdava Business Centre, 6-7th floor, Ilfov County, Reg Com No. J23/1927/2006, CIF: RO155483,
In accordance with Law no. 297/2004 on Capital Market Regulation, with Regulation no. 1/2006 regarding the issuers and securities operations, BSE Code and with the updated Financial calendar for 2015, bring to the attention of investors the possibility to consult the Company Report for Q3 2015, at the working point of the company located in Bucharest, Bucuresti – Ploiesti St., No. 172 – 176, Willbrook Platinum Business & Convention Center, Building A, 1st Floor, after the date of 12 November 2015, Monday to Friday, between 8:30-16:30 and on the company website www.impactsa.ro.
The report will be published on 12 November 2015 after 18.30.
The Financial Statements as at 30.09.2015, presented in Quarterly Report are not audited.
For more details you can ask questions about these documents at intrebarifrecvente@impactsa.ro mail address.

S.C. IMPACT DEVELOPER & CONTRACTOR S.A
President of the Board of Directors
Iuliana Mihaela Urda

2015
FEB 12

Press release – Availability of the Report for H1 2015

IMPACT DEVELOPER & CONTRACTOR SA with headquarters in the Volunatari City, Str. Pipera Tunari, no. 4C, Construdava Business Centre, 6-7th floor, Ilfov County, Reg Com No. J23/1927/2006, CIF: RO155483,

In accordance with Law no. 297/2004 on Capital Market Regulation, with Regulation no. 1/2006 regarding the issuers and securities operations, BSE Code and with the updated Financial calendar for 2015, bring to the attention of investors the possibility to consult the Company Report for H1 2015 and also the Semiannual Financial Statements as at 30 June 2015, at the company headquarters located in the Volunatari City, Str. Pipera Tunari, no. 4C, Construdava Business Centre, 7th floor, Ilfov County, after the date of 5 August 2015, Monday to Friday, between 8:30-16:30 and on the company website www.impactsa.ro. The report will be published on 5 August 2015 after 18.30.
The Financial Statements as at 30.06.2015, presented in Semiannual Report are not audited.

For more details you can ask questions about these documents at intrebarifrecvente@impactsa.ro mail address.
 

S.C. IMPACT DEVELOPER & CONTRACTOR S.A
President of the Board of Directors
Iuliana Mihaela Urda

2015
FEB 12

Press release – Availability of the Report for Q1 2015

IMPACT DEVELOPER & CONTRACTOR SA with headquarters in the Volunatari City, Str. Pipera Tunari, no. 4C, Construdava Business Centre, 6-7th floor, Ilfov County, Reg Com No. J23/1927/2006, CIF: RO155483,

In accordance with Law no. 297/2004 on Capital Market Regulation, with Regulation no. 1/2006 regarding the issuers and securities operations, BSE Code and with the Financial calendar for 2015, bring to the attention of investors the possibility to consult the Company Report for Q1 2015 and also the Quarterly Financial Statements as at 31 March 2015, at the company headquarters located in the Volunatari City, Str. Pipera Tunari, no. 4C, Construdava Business Centre, 7th floor, Ilfov County, starting on 15.05.2015, Monday to Friday, between 9:00 -16:00 and on the company website www.impactsa.ro.

The Financial Statements as at 31.03.2015, presented in The Quarterly Report are not audited.

For more details you can ask questions about these documents at intrebarifrecvente@impactsa.ro mail address.

S.C. IMPACT DEVELOPER & CONTRACTOR S.A
President of the Board of Directors
Iuliana Mihaela Urda

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