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Home > Company Index > Conglomerates > Conglomerates > Koor Industries Ltd.

Koor Industries Ltd.
NYSE: KOR
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 NEWS FROM THE WIRES
WRAPUP 1-High-tech crisis batters Koor, Clal Q2 results
Aug 23 2001 07:33 AM PDT

Israel's Koor posts $401 mln H1 net loss
Aug 23 2001 03:08 AM PDT

Hutchison's Li says "confident" in Europe 3G
Aug 23 2001 01:38 AM PDT

Israel's ECtel says will buy NetEye in stock swap
Aug 08 2001 01:55 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Corporate Venture Grows Bold
Jan 10 2001 05:48 AM PST

 PROFILE
Once a socialist vision, now a model of capitalism, Koor Industries is Israel's #1 holding company, with core interests in telecommunications equipment, defense electronics, and agrochemicals. It also has operations in tourism, real estate, and trade. Claridge Israel, a unit of Canadian billionaire Charles Bronfman's investment firm, owns 29% of Koor, which was founded to provide employment for Jewish refugees during WWII. After a major revamping, the company has disposed of some 30 noncore assets to focus on its key telecommunications (ECI Telecom, Telrad Networks, Nortel Networks Israel) and defense electronics (Elisra-Tadiran Group) businesses. It plans to divest its agrochemical holdings (Makhteshim-Agan).

 COMPETITION
Alcatel (ALA)
Clal Industries & Investments Ltd. (CII)
Elron Electronic Industries Ltd. (ELRN)

 DEALS
Deal: Orsus Solutions Gets $40 Million in Private Placement
Date Announced: 04.13.00
Value of transaction (US $Mil): 40
Description: Developer of e-business tools completes second-round, $40 million private placement.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 2,570.50
1-Yr. Sales Growth: (15.3)%
Employees: 8,680
Revenue per employee: $296,140.55

 KEY PEOPLE
• Jonathan Kolber
    CEO
• Yuval Yanai
    CFO

 CONTACT INFO
Platinum House, 21 Ha'arba'ah St.
Tel Aviv 64739, Israel
Phone: 972-3-623-8333
Fax: 972-3-623-8334
Online: Web Site

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