Impact now 17% foreign owned

The strong increase in foreign investment on the Bucharest Stock Exchange has influenced the shareholder structure of Impact Bucharest, one of the most liquid companies on the market. As a result of successive purchasing, foreign investors now own more than 17% in the constructions and real estate development company. The bulk of the 17% is held by 26 legal entities, which are for the most part investment funds and together account for 16.88% of the company. A further stake of 0.34% is divided among 37 foreign investors, all of which are legal entities. Most of the foreign investors are registered in the US, accounting for 4.44%, followed by Austria, accounting for 3.8%. The company founder and chairman has said that medium-term development plans included attracting foreign investment funds as shareholders, with a strategic investor sought for the long term. ZF