Kardan Israel Ltd 2013 AR2

The report highlights Kardan N.V.'s activities and financial performance for the fiscal year 2013, focusing on its strategic shift and debt reduction efforts. A key milestone was the sale of its 27.75% stake in the Central and Eastern European real estate company GTC SA for EUR 160 million, which enabled the repayment of substantial debentures and bank loans. The company's operations are now primarily focused on Real Estate in China, Water Infrastructure through Tahal Group, and Banking and Retail Lending in Bulgaria and Romania. Kardan N.V. continued to integrate Environmental and Social Governance (ESG) principles across its divisions, such as designing the Europark Dalian project to LEED standards and executing the Quiminha agricultural project in Angola.

Company: Kardan Israel Ltd

Sector: Financials

Country: Israel

Year: 2013

Type: AR2

Pages: 298

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Kardan Israel Ltd

Kardan Israel Ltd 2013 Annual Report

Annual Report

The report highlights Kardan N.V.'s activities and financial performance for the fiscal year 2013, focusing on its strategic shift and debt reduction efforts. A key milestone was the sale of its 27.75% stake in the Central and Eastern European real estate company GTC SA for EUR 160 million, which enabled the repayment of substantial debentures and bank loans. The company's operations are now primarily focused on Real Estate in China, Water Infrastructure through Tahal Group, and Banking and Retail Lending in Bulgaria and Romania. Kardan N.V. continued to integrate Environmental and Social Governance (ESG) principles across its divisions, such as designing the Europark Dalian project to LEED standards and executing the Quiminha agricultural project in Angola.

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Document Details

Report Year

2013

Reporting Period

Jan 1, 2013 - Dec 31, 2013

Fiscal Year

2013

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

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