Impact considers rehabilitation

Rehabilitation of houses and flats could be a business for villa constructor Impact Bucharest in the future, chairman Ioan Popp said. “The 30,000 homes built in Romania every year are but a drop in the ocean compared to the over 4 million already existing homes,” he added. The company says the expenses born by the State for subsidising the construction of 5,000 villas equal the expenses required for retooling the urban and rural networks to the good of 75,000 families. Impact’s chairman suggests a public-private partnership for rehabilitation, which should primarily target sewer networks, thermal power supplying and thermal insulation works. Impact will launch the Co-ordinated Residential Rehabilitation and Development Initiative during the first edition of the private villa fair at the month’s end. The initiative proposes a joint residential development strategy for the next 10 years and concerns constructors, fund providers, insurers and companies in construction-related industries. ZF