Israel is known for its thriving economy and innovative companies, but what companies does Israel own? This question is of interest to many people, from investors to consumers, who want to understand the scope of Israeli influence in the global business landscape. In this article, we will provide an overview of Israeli companies and their impact on various industries.
Israel’s economy is diverse and dynamic, with a focus on technology and innovation. Many Israeli startups have become global giants, and the country is home to some of the world’s most successful tech companies. However, Israel is also a major player in other industries, such as finance, pharmaceuticals, and energy. Understanding the scope of Israeli influence is important for anyone interested in the global economy.
As we explore the question of what companies Israel owns, we will delve into different sectors and highlight some of the most influential companies. From cybersecurity to transportation, Israeli companies are making their mark on the world stage. By the end of this article, readers will have a better understanding of the breadth and depth of Israeli business influence.
Key Takeaways
- Israel’s economy is diverse and dynamic, with a focus on technology and innovation.
- Israeli companies have made significant contributions to various industries, including cybersecurity, finance, and energy.
- Understanding the scope of Israeli influence is important for anyone interested in the global economy.
Overview of Israeli Companies
Israel is home to a thriving business landscape, with companies operating across diverse sectors and making significant global impacts. Innovation and strategic partnerships drive the success of these companies, and Israeli firms are well-represented in international markets, highlighting their growth. In this section, we’ll take a closer look at some of the key industries and sectors, major publicly traded companies, and significant private enterprises that make up the Israeli corporate landscape.
Key Industries and Sectors
Israeli companies operate across a wide range of industries and sectors, with particular strengths in technology, healthcare, and defense. The country’s high-tech sector is particularly noteworthy, with Israel often referred to as the “Start-up Nation” due to its large number of innovative tech companies. Other key industries include agriculture, energy, and tourism.
Major Publicly Traded Companies
Israel is home to a number of major publicly traded companies, many of which are listed on the Tel Aviv Stock Exchange (TASE) and the NASDAQ. Some of the largest and most well-known Israeli companies include Teva Pharmaceutical Industries Ltd., Check Point Software Technologies Ltd., and Bank Hapoalim BM. These companies have made significant contributions to the Israeli economy and are often included in lists of the top Israeli companies by revenue, market capitalization, and other metrics.
Significant Private Enterprises
While many of Israel’s most prominent companies are publicly traded, the country is also home to a number of significant private enterprises. These companies operate across a range of industries and sectors, from real estate and construction to finance and investment. Some of the largest private companies in Israel include IDB Development Corporation Ltd., Delek Group Ltd., and Fattal Hotels (1998) Ltd. These companies are often family-owned or controlled by a small group of investors and have made significant contributions to the Israeli economy over the years.
Overall, Israeli companies are a major force in the global business landscape, with many of them ranking among the top companies in the world. From high-tech startups to large multinational corporations, Israeli companies are known for their innovation, strategic partnerships, and global impact.
Technology and Cybersecurity
Israel is a global leader in the technology and cybersecurity industries. The country is home to numerous cutting-edge firms that have established Israel as a formidable player in the global market. This section will highlight some of the most prominent technology and cybersecurity companies that are owned by Israel.
Software and IT Services
Wix.com is an Israeli-owned company that provides cloud-based web development services to millions of users worldwide. The company offers a range of tools and features that allow users to create professional and engaging websites with ease. Wix.com has been recognized as one of the fastest-growing companies in the world, with a market value of over $16 billion.
Monday.com, formerly known as Dapulse, is another Israeli-owned company that provides a cloud-based project management platform. The company’s platform allows teams to collaborate, plan, and track their work in real-time. Monday.com has been recognized as one of the most innovative companies in the world, with a market value of over $7 billion.
Cybersecurity Innovators
Check Point Software Technologies Ltd is an Israeli multinational provider of software and combined hardware and software products for IT security, including network security, endpoint security, cloud security, mobile security, data security, and security management. Founded in 1993, Check Point is one of the oldest and most established cybersecurity companies in Israel. The company has a market value of over $17 billion.
CyberArk is an Israeli-owned cybersecurity company that specializes in privileged access management. The company’s software solutions help organizations protect against cyber threats by securing their most critical assets. CyberArk has been recognized as one of the most innovative companies in the world, with a market value of over $6 billion.
In conclusion, Israel is home to some of the most innovative and cutting-edge technology and cybersecurity companies in the world. With a focus on innovation and entrepreneurship, Israel’s presence in the global market is set to continue to grow in the coming years.
Pharmaceutical and Biotech
Leading Pharmaceutical Companies
Israel is home to some of the leading pharmaceutical companies in the world. One of the most well-known companies is Teva Pharmaceutical Industries Ltd. [1] which is the largest generic drug manufacturer in the world. The company has a market capitalization of over $13 billion and produces a wide range of drugs, including those for cancer, respiratory diseases, and multiple sclerosis.
Another leading pharmaceutical company in Israel is BioLineRx Ltd. [2] The company focuses on developing novel therapies for cancer and other serious diseases. BioLineRx has several drug candidates in various stages of clinical development, including treatments for acute myeloid leukemia and solid tumors.
Biotechnology and Medical Research
Israel is also home to many biotechnology and medical research companies. One such company is Brainsway Ltd. [3] which develops and markets advanced non-invasive treatments for brain disorders. Brainsway’s flagship product is the Deep Transcranial Magnetic Stimulation (dTMS) system, which is used to treat major depressive disorder and obsessive-compulsive disorder.
Compugen Ltd. [4] is another biotechnology company in Israel that focuses on developing novel therapeutics and diagnostic tools for cancer and other diseases. The company’s proprietary platform is designed to identify novel drug targets and biomarkers that can be used to develop new therapies.
In conclusion, Israel is home to some of the world’s leading pharmaceutical and biotech companies. From Teva Pharmaceutical Industries to Brainsway Ltd., these companies are making significant strides in developing new treatments and therapies for a wide range of diseases and disorders.
References:
- https://disfold.com/israel/industry/drug-manufacturers-specialty-generic/companies/
- https://www.biolinerx.com/
- https://www.brainsway.com/
- https://www.cgen.com/
Finance and Banking
Israel’s financial sector is robust and diverse, with a range of banks, insurance companies, and investment firms. The country’s financial system is regulated by the Bank of Israel, which oversees the country’s monetary policy and financial stability.
Major Banks and Financial Institutions
The two largest banks in Israel are Bank Leumi and Israel Discount Bank. Bank Leumi is the oldest bank in Israel and offers a range of financial services, including personal and business banking, investments, and insurance. Israel Discount Bank is a leading commercial bank that provides a range of financial services to customers in Israel and around the world.
In addition to these major banks, there are several other financial institutions operating in Israel, including Mizrahi Tefahot Bank and Hapoalim Bank. Mizrahi Tefahot Bank is the third-largest bank in Israel and offers a range of financial services, including retail banking, commercial banking, and private banking. Hapoalim Bank is one of the largest banks in Israel and offers a range of financial services, including personal and business banking, investments, and insurance.
Insurance and Investment Companies
Migdal Insurance is one of the largest insurance companies in Israel, offering a range of insurance products to individuals and businesses. The company provides life insurance, health insurance, and property insurance, among other products.
In addition to Migdal Insurance, there are several other insurance companies operating in Israel, including Clal Insurance and Harel Insurance. Clal Insurance is a leading insurance company that provides a range of insurance products to customers in Israel and around the world. Harel Insurance is another major insurance company in Israel, offering a range of insurance products to individuals and businesses.
The Tel Aviv Stock Exchange is Israel’s primary stock exchange, offering a range of financial instruments to investors. The exchange is home to a range of companies, including many technology firms. The Tel Aviv Stock Exchange is regulated by the Israel Securities Authority, which oversees the country’s capital markets and securities industry.
In conclusion, Israel’s financial sector is diverse and robust, with a range of banks, insurance companies, and investment firms. The country’s financial system is regulated by the Bank of Israel, which oversees the country’s monetary policy and financial stability.
Energy and Natural Resources
Israel has made significant strides in the energy sector in recent years, with a particular focus on natural gas. Since the discovery of natural gas reserves west of Haifa in 2009, Israel has been producing over 43% of its primary energy from natural gas [1]. The Israeli Ministry of Energy has set a goal to replace coal primarily with natural gas, reaching an energy mix comprised of 70% natural gas and 30% renewables by 2030, while closing all coal plants [3].
Oil and Gas Exploration
Israel has also been exploring its potential for oil and gas reserves. Recent drilling has found thick oil strata in the Southern Golan Heights, implying a potential production of billions of barrels [4]. One Israeli subsidiary of Genie Energy, an American oil company, has been involved in the exploration and extraction of oil and gas in the region. The Israeli government has also been offering incentives for companies to explore and extract oil and gas in the region [1].
Renewable Energy and Technology
In addition to natural gas and oil exploration, Israel has been investing in renewable energy and technology. One notable company in this space is SolarEdge Technologies, an Israeli company that specializes in inverters for solar panels. SolarEdge has been expanding globally and has become a major player in the solar energy industry [1].
Israel has also been investing in research and development of new technologies for renewable energy, including energy storage, wind power, and solar power. The country has been working to develop technologies that can improve energy efficiency and reduce energy consumption [1].
Overall, Israel has been making significant strides in the energy sector, with a focus on natural gas, oil exploration, and renewable energy and technology. The country’s commitment to reducing its reliance on coal and increasing its use of natural gas and renewables is a positive step towards a cleaner and more sustainable future.
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Manufacturing and Industry
Israel’s manufacturing and industry sector is a significant contributor to the country’s economy. The sector has seen steady growth over the years, with a focus on innovation and cutting-edge technology. The industry is primarily privately owned, with one notable exception being the government-run Israel Aircraft Industries, Ltd., a defense and civil aerospace manufacturer [1].
Electronics and Semiconductor
Israel is home to several prominent electronics and semiconductor companies, such as Elbit Systems Ltd. Elbit Systems Ltd. is a leading international defense electronics company that designs and develops advanced defense electronics systems for airborne, land, and naval applications. The company has a strong presence in Israel and operates globally [1].
Another significant player in the semiconductor industry is Tower Semiconductor. Tower Semiconductor is a leading independent specialty foundry that delivers innovative analog and mixed-signal process technologies. The company has a strong presence in Israel and operates globally [2].
Industrial Goods and Services
The industrial goods and services sector in Israel is dominated by the Israel Corporation, which is a holding company with diverse interests in several industries, including transportation, energy, and chemicals. The company has a strong presence in Israel and operates globally [4].
Elbit Systems Ltd. is also a significant player in the industrial goods and services sector, with a focus on defense and homeland security solutions. The company provides a range of products and services, including unmanned aerial systems, electronic warfare systems, and cybersecurity solutions [1].
Overall, Israel’s manufacturing and industry sector is a key contributor to the country’s economy, with a focus on innovation and cutting-edge technology. The sector is dominated by privately owned companies, with notable exceptions such as the government-run Israel Aircraft Industries, Ltd. The electronics and semiconductor industry is a significant player in the sector, with companies such as Elbit Systems Ltd. and Tower Semiconductor. The industrial goods and services sector is dominated by the Israel Corporation and Elbit Systems Ltd.
Transportation and Shipping
Israel’s transportation and shipping industry is one of the most advanced and innovative in the world. The country’s strategic location at the crossroads of Europe, Asia, and Africa makes it a vital hub for global trade. Israel’s shipping industry is dominated by ZIM Integrated Shipping Services, which is one of the top 20 global carriers. ZIM is a publicly held Israeli international cargo shipping company that operates in every part of the globe. The company has a long and storied history, starting from its beginnings as a carrier of immigrants from war-torn Europe to the ports of the future State of Israel. Today, ZIM is a leader in the industry, thanks to its innovative and strategic partnerships that drive its success.
Maritime Transport Companies
Aside from ZIM, Israel’s maritime transport companies include REE, which is a leading provider of electric vehicle charging infrastructure in Israel. REE is a unique company that offers a range of products and services that are designed to meet the needs of the emerging electric vehicle market. The company’s innovative technology is driving the growth of the electric vehicle industry, and it is poised to become a major player in the global market.
Automotive and Mobility Innovations
Israel is also home to a number of innovative companies that are driving the future of automotive and mobility technology. Mobileye is a leading provider of advanced driver assistance systems (ADAS) and autonomous driving technology. The company’s cutting-edge technology is helping to make driving safer and more efficient, and it is paving the way for the future of autonomous vehicles. Other notable companies in this space include Innoviz Technologies and Cognata, which are both developing advanced sensor and simulation technology to enable the development of autonomous vehicles.
Overall, Israel’s transportation and shipping industry is a vital part of the global economy, and it is home to some of the most innovative and forward-thinking companies in the world. From maritime transport companies like ZIM and REE to automotive and mobility innovators like Mobileye, Israel is leading the way in the future of transportation and shipping.
Telecommunications and Media
Telecom Service Providers
Israel is home to several major telecommunications companies that provide a range of services to the Israeli public. These include Cellcom Israel, which is one of the largest mobile network operators in the country. Cellcom Israel provides a range of services including voice, data, and value-added services to its customers. The company is known for its innovative products and services, and for being one of the first to introduce 4G LTE services in Israel.
Another major telecom service provider in Israel is HOT. HOT is a leading provider of cable television, broadband internet, and fixed-line telephony services in Israel. The company has a strong presence in the Israeli market and is known for its high-quality services and innovative products.
Media and Broadcasting Companies
Israel is also home to several major media and broadcasting companies. One of the largest of these is Keshet Broadcasting. Keshet Broadcasting is a leading Israeli media company that operates several television channels, including Channel 12, which is one of the most popular channels in Israel. The company is known for its high-quality programming and for being at the forefront of the Israeli media industry.
Another major media company in Israel is Reshet Broadcasting. Reshet Broadcasting operates several television channels, including Channel 13, which is one of the most-watched channels in Israel. The company is known for its innovative programming and for being a major player in the Israeli media industry.
Overall, Israel’s telecommunications and media industries are vibrant and innovative, with several major companies operating in these sectors. These companies are known for their high-quality services and innovative products, and they play a major role in the Israeli economy.
Startups and Venture Capital
Startup Ecosystem and Growth
Israel is known for its thriving startup ecosystem, with over 6,000 startups currently operating in the country. The Israeli government has played a significant role in fostering entrepreneurship, with initiatives such as the Office of the Chief Scientist and the Israel Innovation Authority providing funding and support to startups.
One of the key factors driving the growth of Israeli startups is the country’s highly skilled and technically gifted workforce. Israeli founders have access to a network of talented mentors and advisors who can help them make their vision a reality. Additionally, the country’s proximity to other major tech hubs, such as Silicon Valley, provides Israeli startups with access to a global network of investors and customers.
Venture Capital and Funding
Israel is also home to a thriving venture capital industry, with a number of prominent firms investing in startups across a range of sectors. Venture capital firms such as Bessemer Venture Partners and Altair invest in seed and Series A startups and stick with their portfolio companies at every growth stage.
According to PitchBook, the top 10 most active VC investors in Israel include Pitango Venture Capital, Jerusalem Venture Partners, and Vertex Ventures Israel. In 2023, Israel’s top 14 venture capital firms had a combined investment capacity of over $4 billion, with a focus on sectors such as SaaS, Fintech, Healthtech, Insuretech, D2C, and Marketplaces.
In recent years, Israel has also seen a number of successful IPOs from its startups, with companies such as Lemonade, Fiverr, and JFrog going public on the NASDAQ. The success of these IPOs has helped to further cement Israel’s position as a major player in the global startup ecosystem.
Overall, Israel’s startup ecosystem and venture capital industry continue to grow and thrive, with a focus on innovation and entrepreneurship driving the country’s economic growth.
International Relations and Trade
Global Partnerships and Exports
Israel has established strong global partnerships and has become a major player in international trade. In 2022, Israel’s top trading partners included the United States, China, and the United Kingdom, among others. The country’s exports are diverse and include high-tech products, agricultural goods, and pharmaceuticals. Israel’s economic complexity ranking is 10th out of 140 countries, indicating a high level of economic diversification and sophistication.
Israel’s partnership with China is particularly noteworthy. The two countries have established a strong trade relationship, with China being Israel’s second-largest trading partner after the United States. Israel’s exports to China include high-tech products, such as electronics and telecommunications equipment, as well as agricultural products, such as fresh produce and processed foods.
Foreign Investments and Ownership
Israel is also an attractive destination for foreign investments, particularly in the tech sector. This has led to many multinational companies establishing operations in Israel or acquiring Israeli companies. Some examples of foreign-owned companies in Israel include Intel, Microsoft, and IBM.
On the other hand, Israeli companies have also made significant investments abroad. For example, Israel’s Teva Pharmaceuticals is one of the largest generic drug manufacturers in the world, with operations in over 60 countries. Israel’s high-tech companies have also made significant investments in Silicon Valley and other tech hubs around the world.
Overall, Israel’s friendly relationships with other countries and its strong presence in international trade and foreign investments have contributed to its economic success.
