IMPACT became a majority shareholder in RCTI in 2022, after buying RON14.4 million worth of shares.
The six contracts target construction works and interior and exterior fittings, additional works and contract deductions. The contracts amount to EUR830,000, EUR2.2 million, EUR4.2 million, EUR5.6 million, EUR9.6 million and EUR17.6 million, respectively.
IMPACT posted RON63.8 million net profit in the first nine months of 2023, more than four times higher than the net profit of RON15 million in the same period of 2022. At the same time, revenue shrank 32% to RON106.9 million year-on-year, EBITDA grew by 165% to RON69 million, EBIT by 178% to RON65.8 million and gross profit fell by 42% to RON32.8 million, as per stock market data.
IMP shares have traded 2.7% higher so far in 2024 and 29% lower in the last 12 months, ensuring a market value of RON638.7 million. IMPACT is 57.8%-owned by businessman Gheorghe Iaciu.