Ablon Group Limited Company Profile - Aug 10, 2011

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Ablon Group Limited Company Profile - Aug 10, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Ablon Group Limited
                                                                                           440 Wheelers Farms Road
                                                                                           Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Pounds Sterling

                                 Wright Quality Rating:LDNN                                  Key Data

   Ablon Group Limited is a United Kingdom-based company. It is engaged in purchase,         Ticker:
   develop, rent, hold and sell real estates with a real estate portfolio locating in        ABL
   Central and Eastern Europe. The Company's portfolio consists of properties at 34
   locations in the Central and Eastern Europe, of which there were 15 completed             2009 Sales:
   projects and 19 development projects. It operates in two segments: commercial
                                                                                             22,772,779
   segment and residential segment. Commercial segment contains buildings built for
   the commercial purpose of earning rental income. Residential segment contains
   buildings constructed to private individuals for immediate sale after completion. It is   Major Industry:
   also engaged in investment property, property plant and equipment, inventories and        Financial
   receivables. The wholly owned subsidiaries of the Company include ABLON Bucharest
   Real Estates Development S.R.L, ABLON GROUP d.o.o, ABLON Kft, Airport City Kft,           Sub Industry:
   ALAMONDO LIMITED. On July 15, 2009, The Company completed the acquisition of              Land And Real Estate
   Jerusalemskaya Av. in Warsaw.
                       Stock Chart                                   Officers                Country:
                                                              Non Executive Chairman         United Kingdom
                                                              Alexander Michael Borrelli
                                                                                             Currency:
                                                              Chief Executive Officer
                                                                                             Pounds Sterling
                                                                     Uri Heller

                                                                                             Fiscal Year Ends:
                                                              Deputy Chief Executive
                                                                     Officer                 December
                                                                  Adrienn Lovro
                                                                                             Employees
                                                               Chief Financial Officer       93
                                                                   Kristof Skwarek
                                                                                             Exchanges:
                                                                                             LON OTC

                                                                                             Share Type:
     
				
DOCUMENT INFO
Description: Ablon Group Limited is a United Kingdom-based company. It is engaged in purchase, develop, rent, hold and sell real estates with a real estate portfolio locating in Central and Eastern Europe. The Company's portfolio consists of properties at 34 locations in the Central and Eastern Europe, of which there were 15 completed projects and 19 development projects. It operates in two segments: commercial segment and residential segment. Commercial segment contains buildings built for the commercial purpose of earning rental income. Residential segment contains buildings constructed to private individuals for immediate sale after completion. It is also engaged in investment property, property plant and equipment, inventories and receivables. The wholly owned subsidiaries of the Company include ABLON Bucharest Real Estates Development S.R.L, ABLON GROUP d.o.o, ABLON Kft, Airport City Kft, ALAMONDO LIMITED. On July 15, 2009, The Company completed the acquisition of Jerusalemskaya Av. in Warsaw.
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