Kardan NV 2013 Annual Report with Sustainability Disclosures
Company: Kardan NV
Sector: Real estate
Country: Netherlands
Year: 2013
Type: Annual Report with Sustainability Disclosures
Pages: 210
The report describes Kardan NV's 2013 sale of its GTC Poland holdings for EUR 160 million. Tahal Group's Project Operations revenues rose to EUR 122 million from EUR 107.6 million, with growth in execution projects in Asia and Africa. Banking and retail-credit operations also resumed growth and reached operational breakeven, although the financial services segment still reported losses, mainly due to impairment expenses.
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