Romanian developer Impact Developer & Contractor has announced a new development strategy for 2026-2034, with a plan to build 7,870 homes across five projects that will have a gross development value of €1.61 billion.
Local residential developer Impact Developer & Contractor recorded a net individual profit of around €17 million in 2024, double compared to the previous year. At the group level, the consolidated net profit was €12 million, also double compared to 2023.
IMPACT had 333 pre-sold units in all projects as of September 30, 2024, with a total value of RON 193 million.
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
Cristian Barbu and Future Power have sold a portfolio of wind projects comprising 235 MW to renewable energy developer OX2.
The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.
Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.
In October 2025, the euro area seasonally adjusted unemployment rate was 6.4%, stable compared with September 2025 and up from 6.3% in October 2024.
Cris-tim Family Holding has signed a one-year agreement with BRK Financial Group for market maker services to enhance the liquidity of its shares on the Bucharest Stock Exchange.