Delek Group

Infobox_Company
company_name = Delek Group
company_type = Public
foundation = 1951
location = flagicon|Israel Tel Aviv, Israel
key_people = Assaf Bartfield, CEO
num_employees = 12.600 (2006)
revenue = US$ 10 billion (2007)
industry = diverse
products = oil and gas, automotive, real estate

Delek Group is one Israel's largest companies, owned by Mr. Isaac Sharon (Yitzhak Tshuva), [ [http://www.delek-group.com/Content.aspx?Page=quote Stock quote] ] a self-made billionaire with assets around $4 billion listed at No. 214 on the Forbes list of the world's wealthiest people in 2007 [Jen Benepe. [http://ny.therealdeal.com/articles/for-big-foreign-buyers-a-tricky-path-to-the-cash "For big foreign buyers, a tricky path to the cash"] The Real Deal, August 2007] and the 13th wealthiest Middle Eastern billionaire. [ [http://www.jewishjournal.com/world/article/briefs_clinton_backs_israel_attack_on_syria_abbas_to_hamas_never_again/ Jewish Journal] ] Delek Group is involved in the energy and infrastructure, real estate, insurance and financial services and automotive sectors. Delek is listed on the Tel Aviv stock exchange through: Green Venture Capital Ltd, a fund with investments in 130 high-tech companies in the telecommunications, data security, multimedia, electronics & other industries, YT America Israel Investments Ltd, focused on commercial & residential buildings in the US & Canada, as well as Elad Hotels Ltd. [ [http://www.bdcentral.co.nz/afa.asp?idWebPage=8338&idBobDeyProperty_Articles=3266&SID=41588497 The Bob Bey Property Report] ] Delek owns the El-Ad Group, an Israeli-based real-estate company with headquarters in Tel Aviv as well as its subsidiary ElAd Properties, in New York. The company is listed on the Tel Aviv Stock Exchange and has a market capitalisation of US$ 2.7 billion.Fact|date=June 2008

Divisions

Delek Petroleum Ltd.

Includes: Delek Europe BV, Delek Benelux BV, Delek Israel Fuel Corp. and Delek US Holdings Inc. Israel’s second largest retail gas and lubricants supplier. [ [http://www.delek-group.com/Content.aspx?Page=vision Delek Vision] ]

In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fuelling stations, mostly under the Texaco brand. [ [http://www.delek-group.com/Content.aspx?Page=petroleum Delek Petroleum, Ltd.] ]

The same month, Delek Israel's Delek Pi-Glilot, a fuel storage and distribution company operating in Ashdod, Jerusalem and Beer Sheva, won a Government Companies Authorities tender to run the fuel storage facilities in Ashdod. A few months later in November, they announced the hiring of former police commissioner Moshe Karadi to run Delek Pi-Glilot, who had recently resigned following findings by the Zeiler Commission "that police had grossly mishandled the murder investigation in the Perinian affair." [ [http://www.jpost.com/servlet/Satellite?pagename=JPost%2FJPArticle%2FShowFull&cid=1195546734857 Jerusalem Post on Karadi] ] Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years. [ [http://www.haaretz.com/hasen/pages/ShArt.jhtml?itemNo=928357&contrassID=2&subContrassID=2 Haaretz: Delek Hires top cop] ]

Energy

*natural gas operator from off-shore oil fields in Israel. Vietnam, Russia and USA.
**USA: 502 gas stations in 8 states;
**Israel: 232 gas stations;
**Europe: 869 gas stations.
*refining 60.000 bpd in Tyler, Texas based refinery.
*2 port terminals and 182 km of pipelines.

Delek Real Estate Ltd.

Delek owns a total land area of 1.8 million m², through its subsidiaries, Delek Berlon International Ltd., Delek Global Real Estate Ltd., and adding Dankner Investments Ltd. as Dankner Real Estate's construction arm in 2004. [ [http://www.delek-group.com/Content.aspx?Page=real&Child=35 Delek on Dankner] ]

Delek Investments and Properties Ltd.

Includes: Delek Energy System Ltd., Delek Automotive Systems Ltd., Gadot Biochemical Ltd., HOT Cable Communications Systems Ltd., Delek Infrastructures Ltd., Israel Phoenix Insurance Company Ltd., Delek Capital Ltd. and Republic Companies, Inc.

Infrastructure

*360 desalinisation plants constructed in Israel, Cyprus, China, Spain, USA, India and Khazakhstan.
*largest desalinisation plant in the world built in Israel.

Finance

*one of the largest insurance companies in Israel.
*ownes 8 insurance companies in the USA.

Automotive

*largest car dealer in Israel
*Mazda import license fo Israel [ [http://www.bdcentral.co.nz/afa.asp?idWebPage=8338&idBobDeyProperty_Articles=3266&SID=41588497 The Bob Bey Property Report] ]

ee also

* [http://www.delek-group.com/Default.aspx?Page=home Official Site]

References