Kardan NV

Stock Symbols
TASE
:
KRNV-M
company headquarters
Netherlands
ISSUES

A Dutch investment company that develops and manages assets and projects in real estate and water infrastructure. Through its subsidiary TAHAL Group, the company has carried out multiple projects in illegal Israeli settlements in the occupied Palestinian territory.

Kardan NV is a Dutch investment company that develops and manages assets and projects in real estate and water infrastructure. Kardan's water infrastructure company, TAHAL Group, executes projects in the water resources and supply, water and sewage treatment, agriculture and rural development, environmental engineering, solid waste collection and treatment, and natural gas sectors.

According to Who Profits, TAHAL developed Jerusalem's wastewater treatment system and operates three sewage treatment plants in the occupied West Bank. These plants service illegal Israeli settlements, providing reclaimed wastewater to illegal agricultural settlements for crop irrigation.

TAHAL subsidiary TAHAL Consulting Engineers has also carried out multiple sewage and water infrastructure projects in at least six illegal Israeli settlements in the occupied West Bank. Some of these projects were part of building out the infrastructure of newly constructed housing units in illegal settlements.

Another TAHAL subsidiary, TAHAL-Leitersdorf, conducted preliminary planning work for the construction of a Jewish-only town on the ruins of Umm al-Hiran, a Palestinian Bedouin village in the Naqab/Negev that was demolished and whose residents were forcibly displaced by Israeli authorities in 2018.

TAHAL has also contracted with the Israeli Ministry of Defense for the construction and planning of roads and other infrastructre at two Israeli military bases.

Economic Activism Highlights
  • In November 2020, San Francsico State University's student government passed a resolution calling for the university to pull out of investments in companies that do business in Israeli settlements, referencing the 112 companies linked to the illegal settlements in Palestine as listed by the United Nations.
  • In October 2020, Fresno State University’s student government voted in favor of a divestment resolution calling for the university to divest from the 112 companies linked to the illegal settlements in Palestine, as listed by the United Nations.
Unless specified otherwise, the information in this page is valid as of
15 August 2022