| Business Summary | | Etz
Lavud
Limited,
operates
two
50%-owned
computer
related
business,
which
distribute
a
range
of
computer
communication
modems
and
markets
hardware
accessories
for
computer
systems
in
Israel
and
in
the
United
Kingdom.
The
Company
also
is
engaged,
through
a
wholly
owned
subsidiary,
in
investments
in
real
estate
development
and
construction
projects.
The
Company
via
its
subsidiary
Ashkelon
Plywood
Ltd.,
had
been,
until
the
closure
of
Ashkelon
Plywood's
plywood
department
in
March
2000,
the
largest
manufacturer
of
wood
products
in
Israel.
Together
with
its
subsidiary
Sefen,
the
Company
was
also
the
only
manufacturer
in
Israel
of
high-pressure
decorative
and
industrial
laminate
products.
In
January
2000,
the
Company
sold
its
entire
laminate
business
to
Sefen.
Since
1972
and
until
April
5,
1999,
the
Company
operated
an
aviation
business
that
manufactured
structural
components
and
major
airframe
structures,
for
leading
US
manufacturers
of
military
and
commercial
aircraft. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ETZ
operates
two
50%-owned
computer-related
businesses
that
distribute
modems
and
market
computer
hardware
accessories
in
Israel
and
the
UK.
Through
a
subsidiary,
ETZ
invests
in
real
estate
development
and
construction
projects.
For
the
fiscal
year
ended
12/00,
revenues
fell
25%
to
NIS325.7
million.
Net
income
from
continuing
operations
totalled
NIS42.6
million,
vs.
a
loss
of
NIS28.5
million.
Results
reflect
the
divestiture
of
Ashkelon,
offset
by
gains
from
assets
sales. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | John Winfield, 53 | Chairman | David Kremerman, 62 | Director
and Joint Managing Dierctor | Tsevi Salat, 83 | Director
and Techncial Mang. | Aryeh Yehudai, 67 | Director
and Joint Managing Director | Joseph Yehudai, 70 | Director
and Mang. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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