BUCHAREST (Romania), 1st of October 2020
The rating agency Standard & Poor's has attributed the same credit rating "B-" with a stable outlook, rating also granted in 2019, to Impact Developer & Contractor, the only developer in Romania listed on the Bucharest Stock Exchange.
Deliveries within the Luxuria Residence and Greenfield Baneasa projects will support the growth of the company in the next 12-24 months, along with the new Boreal Plus residential project, a new development in Constanta estimated to generate revenues starting with 2021.
The sustained pace of presales and a diversified customer base are elements that support the activity of Impact Developer & Contractor.
The full S&P report here.