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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 

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Romanian real estate developer Impact drafts EUR 1.4 bln investment strategy by 2027

Real estate developer Impact Contractor & Developer (IMP) plans to build residential neighbourhoods with an estimated market value of over EUR 1.4 bln (plus VAT), the company announced in a development strategy document filed at the Bucharest Stock Exchange (BVB), where its shares are listed.

The 2022-2027 strategy also includes the construction of a hotel and small shopping centres.

Impact, a company owned by the man of work Gheorghe Iaciu, plans to build about 7,800 new homes on the land it already owns, according to the development strategy quoted by Economica.net. Another 4,500 homes could be built on land that the developer has identified but has not yet purchased.

The largest project of the company that would be started next year is the one in Prelungirea Ghencea, where it owns a land of 26 hectares and for which it recently obtained the urbanism certificate.

A five-star hotel worth EUR 40 mln is also planned for development in the capital city.

Impact has a market capitalisation of RON 1 bln (EUR 200 mln).

andrei@romania-insider.com

(Photo source: Shutterstock)

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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

 

Romanian real estate developer Impact drafts EUR 1.4 bln investment strategy by 2027

Real estate developer Impact Contractor & Developer (IMP) plans to build residential neighbourhoods with an estimated market value of over EUR 1.4 bln (plus VAT), the company announced in a development strategy document filed at the Bucharest Stock Exchange (BVB), where its shares are listed.

The 2022-2027 strategy also includes the construction of a hotel and small shopping centres.

Impact, a company owned by the man of work Gheorghe Iaciu, plans to build about 7,800 new homes on the land it already owns, according to the development strategy quoted by Economica.net. Another 4,500 homes could be built on land that the developer has identified but has not yet purchased.

The largest project of the company that would be started next year is the one in Prelungirea Ghencea, where it owns a land of 26 hectares and for which it recently obtained the urbanism certificate.

A five-star hotel worth EUR 40 mln is also planned for development in the capital city.

Impact has a market capitalisation of RON 1 bln (EUR 200 mln).

andrei@romania-insider.com

(Photo source: Shutterstock)

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