Impact Developer & Contractor, owned by Gheorghe Iaciu, is planning to build a new residential project in Bucharest. The company is in the process of acquiring 22,000 sqm of land near the city’s Romexpo grounds. Impact has already paid €1.1m, and the deal is expected to close in July. The project will include a 63,000 sqm residential complex. Development will be carried out by a newly established company called Bergamont Developments, whose majority shareholder is Impact.
