Biggest residential developer in Romania increased its business with 55%
Impact Developer & Contractor SA continued in the first semester the strategy of capitalization of their assets, registering a turnover with 55% bigger, reaching 12.979 million lei, which contributed to the reduction of loss of 38%, compared to the first semester of 2012, to 5.87 million lei, according to data sent to Bucharest Stock Exchange.
During this period sale contracts for 55 residential units were signed and 7,300 sqm plots of land.
On 30th of June 2013, the company’s loans reached approx. EUR 13.56 million, which shows a lower debt rate, of approx. 22%, calculated as a ratio between total debts and total actives. (source: capital.ro)