Its loss increased to RON5.5 million in the first quarter from RON4.3 million.
The company registered turnover of RON6 million in the analyzed interval, up 35% on the year.
Its financial results for the first quarter are unaudited.
Impact, founded by businessman Dan Ioan Popp, has built some 2,000 apartments in Romania. Its largest project is Greenfield, which includes about 750 apartments.
Businessman Gheorghe Iaciu, majority shareholder of regional investment fund SIF Muntenia (SIF4.RO), bought a 23.22% stake in Impact in March for RON6.4 million and became its major shareholder. The company’s shareholders also include businessman Adrian Andrici (10.69%) and investment management company East Capital, which owns a 10.1% stake via Cyprus-based Salink Limited.
On the Bucharest bourse Wednesday, Impact closed up 0.34%, at RON0.1495 a share. (EUR1=RON4.3344)