| Business Summary | | Ampal-American
Israel
Corp
is
engaged
in
the
business
of
acquiring
interests
in
businesses
located
in
the
State
of
Israel
or
that
are
Israel-related.
The
Company
seeks
to
invest
in
companies
that
have
long-term
growth
potential.
Ampal
currently
invests
in
a
broad
cross-section
of
Israeli
companies
engaged
in
various
fields
including
high
technology
and
communications,
leisure-time,
real
estate,
capital
markets,
energy
distribution
and
industry.
The
Company
generally
participates
in
the
management
of
its
investee
companies
through
representation
on
boards
of
directors
and
otherwise.
As
part
of
its
investment
activity,
Ampal
provides
its
investee
companies
with
ongoing
support
through
its
involvement
in
the
investees'
strategic
decisions
and
introduction
to
the
financial
community,
investment
bankers
and
other
potential
investors.
Sometimes,
the
Company
participates
in
the
investee
companies'
daily
activities
by
providing
managerial
support. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMPL
acquires
interests
in
businesses
located
in
Israel
or
in
Israel
related
businesses.
AMPL's
interests
include
energy
distribution,
real
estate,
communications,
technology,
and
finance.
For
the
six
months
ended
6/30/01,
total
revenues
fell
42%
to
$18.1
million.
Net
loss
totaled
$3.5
million,
vs.
an
income
of
$8.4
million.
Revenues
reflect
unrealized
losses
on
the
sale
of
investments
and
a
decrease
in
earnings
of
affiliates.
Loss
reflects
increased
real
estate
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Daniel Steinmetz, 62 Chairman | -- | Raz Steinmetz, 37 Pres,
CEO, Director | $297K | Alla Kanter, 43 VP-Accounting
and Controller | 154K | Eli Goldberg, 46 VP-Legal
and Sec. | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|