Ready for the next challenge.
We are here for the long haul.
Elco is a unicorn among similar companies with zero net debt.
Equity capital:
$1.4 billion.
Annual turnover of US $4.9 billion in 2021
Rated:
AA- Stable by S&P Maalot
Electra is one of
Israel's biggest
super brands.
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OVERVIEW

OVERVIEW

The leading holding company in Israel.
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STRATEGY

STRATEGY

Innovative. Daring. Responsible.
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LEADERSHIP

LEADERSHIP

Visionary and looking for the next challenge.
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LEGACY

LEGACY

The 3rd generation of the Salkind family takes the helm
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Scholarship

Scholarship

Gershon Salkind Scholarship Fund - Striving for Excellence
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The Group

Overview

Elco Ltd. is a leading Israeli company, owner of the Electra Super Brand. Rooted in industry, Elco’s companies today touch many lives at a variety of junctions – construction, infrastructure, consumer electronics, telecommunications, entertainment and more. Generating an annual turnover of USD 4.9 Billion in 2021, publicly traded on the Tel Aviv Stock Exchange (TASE) and valued at 2.0 Billion USD (6.2 Billion NIS). Elco is a global company active in more than 15 countries, employing more than 21,400 people.

* An institutional entity was granted options to purchase shares that constitute 7.8% of the issued and outstanding capital of Supergas Energy, in consideration for loan, that was provided.
**  Companies are traded on the Tel Aviv Stock Exchange
AFRICA
Electra Ltd - Nigeria
SOUTH AMERICA
Electra Ltd - Argentina
EUROPE
Electra Ltd - Saint Petersburg (Russia)
Electra Ltd - Bulgaria
Electra Consumer - Paris (France)
NORTH AMERICA
Electra Real Estate - Texas
Electra Real Estate - Georgia
Electra Real Estate - Florida
The Group

PARTNERSHIP WITH GLOBAL BRANDS

The Group

strategy

Rooted, passionate, innovative, people driven & determined to win. Our values are part of our DNA. They guide the way we work with our business partners, within our communities and with each other.

Deeply rooted in industry, Elco has a long track record of excellence in operating within complex systems and businesses.
Core activity - acquiring controlling shares in leading companies within their fields.
Business focus - creation of expertise in defined operational segments.
Intelligent and responsible growth and development of long-term businesses while disposing of assets that have exhausted their growth potential.

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The Group

LEADERSHIP

Elco is about getting it done. It has a lean and efficient management team of passionate and experienced executives.

DANIEL SALKIND
Co-Managing Director
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DANIEL SALKIND
Co-Managing Director

Mr. Daniel Salkind has served as Co-Chief Executive Officer and Member of the Board of Directors of Elco Holdings Ltd since 2002.

Mr. Salkind's other jobs include Chairman of the Board of Directors of ECP, and he also serves as director at public and private companies.

Mr. Daniel Salkind received his Bachelors degree in Economics from Haifa University, and his MBA from Northwestern University, in cooperation with Tel-Aviv University.

MICHAEL SALKIND
Co-Managing Director
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MICHAEL SALKIND
Co-Managing Director

Mr. Michael Salkind has served as Co-Chief Executive Officer and Member of the Board of Directors of Elco Holdings Ltd since 2011.

Mr. Michael Salkind received his Bachelor degree in Business Administration from Boston University, the United States, and his MBA from Columbia University, the United States.

Avi
Israeli
Vice CEO
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Avi Israeli
Vice CEO

Mr. Israeli, with an extensive background in Investment Banking, has served as Vice President of Business Development at Elco since 2004.

Avi is a qualified Lawyer and holds his Bachelor's Degree in Law from the Hebrew University of Jerusalem. He is also an MBA graduate of INSEAD Fontainebleau/France as well as of the Harvard Business School's Advanced Management Program (AMP).

ELI
VESSELY
Chief Financial Officer
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ELI VESSELY
Chief Financial Officer

Mr. Eli Vessely serves as CFO of Elco Holdings Ltd. and of Electra Real Estate Ltd. He is with the group since 1994 when he was appointed as comptroller of Elco Industries.

He holds a BA in economics and accounting from Bar-Ilan University and is a licensed CPA.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

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The Group

LEGACY

A public company with family values. Founded and led by the Salkind family, a small industrial company became a multi-billion global conglomerate, while maintaining its integrity and core values.

Elco Ltd. was founded by Alexander Salkind in 1949 as a small electro-mechanical industrial company. His son, Gershon Salkind, joined the family business and since taking over as CEO in the early 1970’s, grew the company exponentially through a series of mergers and acquisitions. Today, Elco is led by Alexander's grandsons Daniel and Michael and it is a leading business group, involved in a wide range of activities. Gershon Salkind, who passed away in 2017, was always a people’s person and felt responsible towards his employees, partners and especially public shareholders. His legacy lives on.

The Group

CONTACT

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