IMPACT Developer & Contractor announced its financial results for the first half of 2025. The group achieved revenues of 35.3 million euros, up 79 percent compared to the same period last year, while the group’s consolidated net profit stood at 9.1 million euros.
The results in the first half of the year were boosted by deliveries from GREENFIELD Baneasa, the expansion of the construction activity and the strategy to reduce financial debts.
The company reached the highest number of residential units sold in the first half of the last 5 years: 153 units, worth 20.7 million euros, an increase of 125 percent compared to the first half of 2024. The largest share of sales is held by the GREENFIELD Baneasa project, in which 732 new apartments in the fourth phase of development were delivered in the last quarter of 2024.
As of June 30, 2025, in addition to the 153 units traded, IMPACT had 45 pre-sold and reserved homes, with a value of 6.7 million euros. Thus, at the end of the first semester of the year, 71 percent of IMPACT’s completed projects were sold and pre-sold. The stock of completed units, available for sale on June 30, was 460 apartments, with a value of 72 million euros, which will be capitalized in the next period.
”The results achieved reflect the reliability of our business model and the ability to generate sustainable growth. Approximately 60 percent of the group’s revenues come from the real estate development activity, which we will intensify in the coming period, supported by vertical integration and optimization of operational and financial processes. We will continue our strategy of reducing exposure to bank loans and optimizing the cost of lending, which gives us the flexibility to expand the mixed-use project portfolio and strengthen long-term shareholder value.”, said Dan Sebastian Campeanu, CEO IMPACT Developer & Contractor.
The group maintained its downward trend in indebtedness, decreasing from 22 percent at the end of 2024 to 17 percent on June 30, 2025. Bank loans fell by 30 percent as of June 30, 2025, to a value of 44.4 million euros, while cash and cash equivalents were 13.8 million euros at the end of the semester.
IMPACT owns a portfolio of 80.7 ha of land in the country, on which it intends to build 9,758 units, with a gross development value of 1.9 billion euros. As of June 30, 2025, the company had building permit for a total of 2,828 residential units, with an estimated gross development value of 733 million euros. Of these, 250 units are already under construction in GREENFIELD Baneasa. In the second half of the year, the company will start construction on 134 units in the Boreal Plus complex in Constanta, as well as on another 185 apartments in GREENFIELD Baneasa.
At the same time, IMPACT is preparing the launch of two large-scale projects, in Bucharest and Iasi.