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  September 5, 2001
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Home > Company Index > Financial Services > Investment Firms > The Israel Land Development Company Ltd.

The Israel Land Development Company Ltd.
Nasdaq: ILDCY
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 PROFILE
The Israel Land Development Company (ILDC) has been no stranger to scandal lately; it is the victim of a class action suit brought on by families of Holocaust survivors who allege that the firm holds some $90 million worth of properties purchased by Jews abroad in the 1930s. In addition, its former CEO Ofer Nimrodi (whose brother Jackob is still chairman) is on trial for conspiracy to commit murder. Founded before Israel was a country, ILDC runs real estate, communications, and insurance firms. It also owns a stake in IDC Hotels, which manages hotels throughout Israel. Through Ma'ariv Holdings, ILDC publishes the daily newspaper "Ma'ariv"; its Hed Arzi subsidiary is also a multimedia publisher.

 COMPETITION
Clal Industries & Investments Ltd. (CII)
Koor Industries Ltd. (KOR)
Israel Corporation Ltd. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 443.50
1-Yr. Sales Growth: 18.4%

 KEY PEOPLE
• Ron Weissberg
    CEO
• Ron Weissberg
    CFO

 CONTACT INFO
194 Hayarkon St., PO Box 139
Tel Aviv 61001, Israel
Phone: 972-3-520-0222
Fax: 972-3-520-0241

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