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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

BVB-listed real estate developer Impact boasts 29% sales growth in 2020

Bucharest Stock Exchange (BVB) listed Impact Developer & Contractor (IMP) generated revenues from the sale of real estate properties worth EUR 42.7 mln in 2020, up 29,4% compared to 2019. The company announced that this was its best result in the last decade.

In a pandemic year, the company sold a total of 369 units (31,191 sqm built area), out of which 205 were contracted in Greenfield Residence Baneasa and 164 in the Luxuria Residence compound.

The EUR 24 mln worth of sale-purchase precontracts and reservations already signed will also generate revenues totaling EUR 12 mln in the first half of this year.

Last year, Impact shares increased by 26%, and the company's market capitalization exceeded EUR 102 mln at the end of the year.

“The success on the capital market reconfirms the attractiveness of Impact’s projects and the strategic vision of the company’s expansion in the most important urban centers in Romania,” the company’s statement reads.

In 2020, Standard & Poor's maintained for Impact the long-term credit rating B- with a stable outlook.

andrei@romania-insider.com

(Photo source: the company)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

BVB-listed real estate developer Impact boasts 29% sales growth in 2020

Bucharest Stock Exchange (BVB) listed Impact Developer & Contractor (IMP) generated revenues from the sale of real estate properties worth EUR 42.7 mln in 2020, up 29,4% compared to 2019. The company announced that this was its best result in the last decade.

In a pandemic year, the company sold a total of 369 units (31,191 sqm built area), out of which 205 were contracted in Greenfield Residence Baneasa and 164 in the Luxuria Residence compound.

The EUR 24 mln worth of sale-purchase precontracts and reservations already signed will also generate revenues totaling EUR 12 mln in the first half of this year.

Last year, Impact shares increased by 26%, and the company's market capitalization exceeded EUR 102 mln at the end of the year.

“The success on the capital market reconfirms the attractiveness of Impact’s projects and the strategic vision of the company’s expansion in the most important urban centers in Romania,” the company’s statement reads.

In 2020, Standard & Poor's maintained for Impact the long-term credit rating B- with a stable outlook.

andrei@romania-insider.com

(Photo source: the company)

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