Kardan is an emerging markets player, active mainly in China, Central and (South) Eastern Europe. As an investment company, Co. initiates, develops and manages cash flow generating assets and projects in selected emerging markets. Co. follows industrialization and urbanization trends, where large groups of people moving from the countryside to cities are changing the demographics and therefore, increasing demands for affordable housing, office buildings and shopping centers. Co., through its subsidiaries, focuses on rising middle-class demands in three sectors: real estate, water infrastructure and banking and retail lending activities, which are mainly in Bulgaria and Romania.
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