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Home > Company Index > Financial Services > Investment Firms > Israel Corporation Ltd.

Israel Corporation Ltd.
 NEWS FROM THE STANDARD
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 PROFILE
Investments held by The Israel Corp. cover virtually the entire range of the Israeli economy. The firm focuses on such industries as chemicals, energy, shipping, real estate, and technology and telecommunications. It has grown by buying into state-owned companies as the government privatizes them; its owns about half of Israel Chemicals and Zim Israel Navigation, one of the world's largest shipping and transportation companies. The Israeli government founded The Israel Corp. in 1968 to raise funds for state-owned businesses from Jewish investors worldwide. Investment holding giant The Ofer Group owns more than 65% of the company, while Bank Leumi le-Israel owns 20%.

 COMPETITION
Ampal-American Israel Corporation (AMPL)
Clal Industries & Investments Ltd. (CII)
Koor Industries Ltd. (KOR)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,756.80
1-Yr. Sales Growth: 2.0%
Employees: 15,000
Revenue per employee: $183,786.67

 KEY PEOPLE
• Yossi Rosen
    CEO
• Ehud Hillman
    CFO

 CONTACT INFO
Asia House, 4 Weizman St.
Tel Aviv 61336, Israel
Phone: 972-3-694-4520
Fax: 972-3-695-1034
Online: Web Site

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