The real estate developer Impact Developer & Contractor controlled by businessman Gheorghe Iaciu, announced the opening of the private placement for the subscription of up to 125 million newly issued ordinary shares. The capital raised will be used to support the company’s development strategy. The maximum value of the private placement would reach RON 54.8 million.
“We continue to expand both in Bucharest, where we are accelerating the development of GREENFIELD Băneasa, but also at the national level through the projects launched in Constanţa and Iasi. Iași is the city where we will focus our attention the most in the coming months because, due to the presence of more and more companies and the trend of increasing residential demand, it is becoming one of the cities with the greatest development prospects in Romania,” says Constantin Sebeşanu, CEO of IMPACT Developer & Contractor.
Source: ZF.ro
