NF
Natan Fried
Deputy Chief Executive Officer
Chief Executive
born 1962comp · ₪821,000
Hagag Europe Development Z.F. Ltd engages in the investment and development of real estate properties in Romania.
Income real-estate trades on FFO yield + debt structure. Watch refinancing walls and lease expiries.
1 high-severity red flag present. Treat as no-touch unless you have a specific contrarian thesis.
| Period | Revenue | Gross profit | Operating income | Net income | Net margin |
|---|---|---|---|---|---|
| 2021-12-31 | — | — | — | — | — |
| 2022-12-31 | ₪20.52M | ₪5.86M | ₪-2.63M | ₪-947.00K | -4.6% |
| 2023-12-31 | ₪5.80M | ₪2.50M | ₪-3.73M | ₪-6.92M | -119.4% |
| 2024-12-31 | ₪5.02M | ₪3.16M | ₪-2.94M | ₪-3.98M | -79.2% |
| 2025-12-31 | ₪15.61M | ₪5.78M | ₪14.19M | ₪8.14M | 52.2% |
Hagag Europe Development Z.F. Ltd engages in the investment and development of real estate properties in Romania. Its projects include residential, office, and commercial projects. The company also engages in planning, execution, and construction components of the gas infrastructure. The company was incorporated in 2017 and is based in Tel Aviv-Yafo, Israel.