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Loans (Tables)
12 Months Ended
Dec. 31, 2022
Borrowings [abstract]  
Schedule of Long-Term Loans
 
   
 
   
Interest rate
   
 
   
 
 
   
Linkage
terms
   
2021 and
2022
   
December 31
2022
   
December 31
2021
 
         
%
   
€ in thousands
 
Bank loans
 
EURIBOR
     
2-4.5
     
23,918
     
147,446
 
     
-
     
2.58 – 3.03
     
164,212
     
-
 
   
Bank of Israel interest rate
     
4.35-6.35
     
2,986
     
-
 
   
Consumer price index in Israel
     
2.75-4.65
     
51,165
     
17,827
 
                     
242,281
     
165,273
 
Current maturities
                   
12,815
     
126,180
 
                                 
Long-term loans
                   
229,466
     
39,093
 
 
     
 
   
Interest rate
   
 
   
 
 
     
Linkage
terms
   
2021 and
2022
   
December 31
2022
   
December 31
2021
 
           
%
   
€ in thousands
 
Other long term loans
   
EURIBOR
     
5.27
     
23,247
     
45,949
 
      Consumer price index in Israel       
3-7
     
8,335
     
7,673
 
                     
31,582
     
53,622
 
Current maturities
                   
10,000
     
16,401
 
                                 
Other long-term loans
                   
21,582
      37,221  
Schedule of Aggregate Annual Maturities
   
December 31
   
December 31
 
   
2022
   
2021
 
   
€ in thousands
 
Second year
   
13,811
     
7,402
 
Third year
   
15,952
     
7,849
 
Fourth year
   
14,759
     
7,623
 
Fifth year
   
16,026
     
6,524
 
Sixth year and thereafter
   
190,500
     
46,916
 
                 
Long-term loans
   
251,048
     
76,314
 
Current maturities
   
22,815
     
142,581
 
     
273,863
     
218,895
 
Schedule of Movement in Liabilities Deriving from Financing Activities
         
Liabilities
       
         
Loans and
             
   
Note
   
borrowings
   
Debentures
   
Total
 
         
€ in thousands
 
Balance as at January 1, 2022
         
218,895
     
137,299
     
356,194
 
Changes from financing activities
                             
Repayment of debentures
   
12
     
-
     
(19,764
)
   
(19,764
)
Receipt of loans
   
11
     
215,170
     
-
     
215,170
 
Repayment of loans
   
11
     
(153,751
)
   
-
     
(153,751
)
Accrued interest
   
11
     
2,488
     
-
     
2,488
 
Linkage
   
11
     
2,029
     
-
     
2,029
 
Transaction costs related to borrowings
           
(3,861
)
   
779
     
(3,082
)
Issuance of capital note to non-controlling interest
           
(3,958
)
   
-
     
(3,958
)
Total net financing liabilities
           
277,012
     
118,314
     
395,326
 
                                 
Effect of changes in foreign exchange rates
           
(3,149
)
   
(7,886
)
   
(11,035
)
Balance as at December 31, 2022
           
273,863
     
110,428
     
384,291
 

 

         
Liabilities
       
         
Loans and
             
   
Note
   
borrowings
   
Debentures
   
Total
 
         
€ in thousands
 
Balance as at January 1, 2021
         
198,169
     
82,724
     
280,893
 
Changes from financing activities
                             
Proceeds from issue of debentures
   
12
     
-
     
71,398
     
71,398
 
Repayment of Debentures
   
12
     
-
     
(30,730
)
   
(30,730
)
Receipt of loans
   
11
     
32,947
     
-
     
32,947
 
Repayment of loans
   
11
     
(27,587
)
   
-
     
(27,587
)
Accrued interest
   
11
     
2,598
     
-
     
2,598
 
Transaction costs related to borrowings
           
9,978
     
567
     
10,545
 
Total net financing liabilities
           
216,105
     
123,959
     
340,064
 
                                 
Effect of changes in foreign exchange rates
           
2,790
     
13,340
     
16,130
 
                                 
Balance as at December 31, 2021
           
218,895
     
137,299
     
356,194