MIDDLE EAST VOLATILITY
- From: Vol 12, Issue 4 (April 2011)
- Category: Need to know
- Region: Middle East
- Country: Israel, Jordan and Libya
- Related Companies: IDE Technologies, Israel Water Authority and Nymphaea Environnement
* Israeli desalter IDE Technologies has reported a sharp drop in sales and profit in 2010 after its construction order book slumped.
2011 looks set to be another strong year for construction as work on the 510,000m3/d Soreq project gets underway. Financial close on the project is expected shortly after GWI goes to press.
* It is not clear what IDE’s results say about the prospects for an initial public offering of shares to stock market inves tors. The construction ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
