PORTFOLIO

Overview

Elco Ltd. holds a unique portfolio of industry leader companies, with the Electra super brand at its center. From construction and infrastructure, to consumer electronics, telecommunications, and entertainment – Elco’s companies touch every cycle of life.

ITAMAR DEUTSCHER
PRESIDENT & CEO ELECTRA GROUP

BA Economics and Business Management
MBA with a Specialization in Finance,
both from Bar-Ilan Univesity, Israel.

In addition to running Electra, Mr. Deutscher oversees 30 subsidiaries in Israel and 7 others globally.

Pioneers in alternative energy production
At the forefront of engineering and execution: the Jerusalem tunnels

Market leader in general contracting for building and infrastructure; mechanical engineering, real estate development, concessions and facility management with more than 2 million sqm of assets under management.

Distinctive Lifecycle Approach, which encapsulates every facet of a project’s life cycle; from concept to development, to ongoing maintenance, repair and operations.Founded in 1945 and publicly traded since 1971.

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ZEEV KALIMI
CEO ELECTRA CONSUMER

Mr. Kalimi was appointed on 2014. He is a prominent executive in the Israeli market, holding positions such as CEO of Nestle Ice creams and CEO of Tara. He holds an MBA from the Hebrew University.

Leading the Israeli air conditioning market for over 70 years.
The biggest consumer electronics omnichannel retail group in Israel.
Import and distribution of global consumer electronic brands.

The largest and leading group in Israel with 70 years of operations in air conditioning, communication, electronic home appliances and home appliance retail chain.

Founded in 1951, Electra Consumer specializes in import, marketing and sale of leading international brands, as well as export of products manufactured in the company plant in Israel. Operates in Israel, Europe and Africa. Approximately 60 branches across the country.

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GIL RUSHINEK
CEO ELECTRA REAL ESTATE

Mr. Rushinek has joined the company in 2006, and held several positions on its management team. An officer in the Israeli Navy and member of the Israeli Bar. He received his LLB and BA in business management and finance from IDC Herzliya.

Electra America
Far more than an investment fund.
20,000 Housing Units In 60 Properties

Specializes in the acquisition, management and improvement of multi-family properties in the southeast United States.

Founded in 1972 and publicly traded since 2005, Electra Real Estate, through its US-based affiliate Electra America, currently holds and manages over 60 multi-family complexes, comprising about 20,000 residential units in Texas, Florida, Georgia, and North Carolina, with an overall value of over two billion dollars.

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GIL SHARON
CHAIRPERSON & CEO GOLAN

Mr. Sharon has a BA in Economics and Business Management from the Hebrew University and an MBA fromTel Aviv University. He is one of the most prominent executives in the telecom market for the last 25 years.

Revolutionary. Ground breaking.
Pro consumer.
Providing full Cellular service while saving hundreds of dollars for the end consumer

Revolutionized the mobile telecommunications market in Israel by introducing the low-cost model. A young and fresh company now navigated by experienced management.

Golan Telecom was founded in 2010 and became Israel’s fifth mobile provider by 2012. Following a period of rapid growth (reaching 900K users), it was acquired in 2017 by Electra Consumer.

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EYAL MOR
CEO MEDIA & ENTERTAINMENT

Mr. Mor holds a BA in Economics and Management from The Academic College of Tel-Aviv, Yaffo, and a Master’s degree in Economics and Law from Bar-Ilan University.

Under the Globus Max brand, we operate 12 cineplexes and growing.
A growing sector in the Israeli economy

New markets, New opportunities. Elco is branching out into media, entertainment & leisure.

The brand-new member of the Elco family, Elco Media is a new growth sector with 3 engines: Content & Distribution, leisure and cinema. The first building block of this new and exciting sector is the acquisition of the Globus Max group, with its 12 cineplexes (and growing) and content & distribution rights and agreements.

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