Impact Developer & Contractor (IMP) borrowed EUR 1.1 million from the businessman Gheorghe Iaciu, who owns 38,05% from the shares of the real estate developer. The money will be used for paying some transactions concluded with Romconstruct, a construction company Impact had several law cases with.
Impact also concluded a transaction with a person, Aurel Bodogan, part of the money borrowed from Iaciu following to be used for the paying of this obligation, according to a report sent to Bucharest Stock Exchange. (source: zf.ro)