RON112 million (EUR23.6 million) came from sales of apartments– which is the best result ever obtained by the company.

Also, its net profit rose to RON27.9 million in January-September 2016, up 273% from RON7.5 million in the year-earlier period.

The company’s debts fell 24% to RON80.8 million in the third quarter of 2016, from RON106.83 million in the same period a year before.

Impact has a market capitalization of RON194 million. The company was established in 1991 and is majority owned by businessman Gheorghe Iaciu, who owns a stake of 49.5%, followed by other shareholders with 35% and by Adrian Andrici with a 15.2% stake.