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As of 10:24 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

ellomay capital ltd (ELOM) Snapshot

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10/27/13 - $4,205
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ellomay capital ltd (ELOM) Details

Ellomay Capital Ltd. produces renewable and clean energy in Italy and Spain. It owns 12 photovoltaic plants in Italy with an aggregate capacity of approximately 22.6MW; and 85% of 1 photovoltaic plant in Spain with a capacity of approximately 2.3MW, as well as holds 7.5% indirect interest in Dorad bi-fuel power plant with production capacity of approximately 800 MW. The company was formerly known as NUR Macroprinters Ltd. and changed its name to Ellomay Capital Ltd. in April 2008. Ellomay Capital Ltd. was founded in 1987 and is based in Tel Aviv, Israel.

10 Employees
Last Reported Date: 03/31/14
Founded in 1987

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ellomay capital ltd (ELOM) Key Developments

Ellomay Capital Ltd., Annual General Meeting, Sep 11, 2014

Ellomay Capital Ltd., Annual General Meeting, Sep 11, 2014., at 11:30 Israel Standard Time. Location: Ellomay's Offices. Agenda: To consider reelection directors; to consider approval of terms of service of Mordechai Bignitz, the external director nominee; to consider the reappointment of Somekh Chaikin, a member of KPMG International, as the independent auditors of the company for the fiscal year ending December 31, 2014, and authorization of the board of directors to approve, following the approval of the audit committee, the remuneration of the independent auditors in accordance with the volume and nature of their services; and to consider receipt and consideration of the auditors' report and the financial statements of the company for the fiscal year ended December 31, 2013.

Ellomay Capital Ltd. Announces Board Changes

Ellomay Capital Ltd. announced the untimely passing of Oded Akselrod, a member of the company's board of directors, at the age of 67. Mr. Akselrod, who has served as a director of the company since 2002 and was a member of the company's audit committee and compensation committee, passed away on July 14, 2014. The company's board of directors appointed Anita Leviant to replace Mr. Akselrod as a member of the company's audit committee and compensation committee.

Ellomay Capital Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Ellomay Capital Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. Revenues were approximately $2.9 million for the three months ended March 31, 2014, and represent seasonal revenues for the winter months of January through March, with significantly lower photovoltaic energy production. Adjusted EBITDA was approximately $0.8 million for the three months ended March 31, 2014. Net cash used in operating activities was approximately $0.4 million for the three months ended March 31, 2014, reflecting the collection of revenues for the winter months of November 2013 -- January 2014. Operating loss was $0.228 million, loss before taxes on income was $1.945 million, net loss for the period was $1.901 million, loss attributable to shareholders of the company was $1.907 million or $0.18 diluted per share and purchase of property and equipment was $0.092 million.


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