Top 10 Biggest Israeli Companies

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This article looks at the top Israeli companies. Readers will get a comprehensive overview of the biggest Israeli companies and a clear picture of the ... read more...

  1. Top 1

    Mobileye

    Mobileye is an Israeli tech company that makes advanced driver assistance systems (ADAS) and technology for cars that can drive themselves. The company's AI is focused on computer vision. It uses advanced machine learning algorithms to study and understand data from vehicle cameras.

    Many top car companies, like BMW and Ford, are already using Mobileye's technology to give drivers improved safety features, like lane departure warnings, pedestrian detection, and automatic emergency braking. Mobileye Drive is the latest product from the company. It is a complete self-driving system that can get around cities and roads with little help from a person.

    One of the best things about Mobileye's AI technology is that it can learn and change as it goes. The system uses deep learning algorithms to look at much data from the vehicle's sensors and cameras. As the system knows more about the road, it can make more accurate and reliable choices.

    Mobileye's
    AI is among the most advanced in the automotive industry. The company is helping to push the development of autonomous driving technology, which could change how we travel and work.


    Founded: 1999

    Headquarters: Jerusalem, Israel

    Website: https://www.mobileye.com/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/4/45/Mobileye_logo.jpg)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/4/45/Mobileye_logo.jpg)
    Video by Mobileye

  2. Top 2

    SolarEdge

    SolarEdge is an Israeli company that makes and sells solar inverters for photovoltaic arrays, energy monitoring software, battery energy storage systems, and other associated goods and services to residential, commercial, and industrial customers. The company was formed in 2006 and includes offices in the US, Germany, Italy, and Japan. It is set up as a business in Delaware. The company was the first to successfully put power optimizers on the market. These are devices that track the maximum power point (MPPT) at the module level before transmitting the electricity back to a central generator. Many solar PV systems use central inverters. The panels are joined in a series to produce a string, which transfers all the direct current (DC) electricity it makes to the inverter to be turned into alternating current (AC) that may be used on the grid. The most significant problem with this method is that maximum power point tracking (MPPT) is done for the complete string. This means that production is restricted by the output of the panel with the least power. Shade and weather can alter how well something operates.

    SolarEdge
    overcomes this problem using power optimizers, small devices that attach behind each solar panel and offer module-level MPPT before delivering the energy to a central transformer. Power optimizers also help you keep an eye on how much energy is being made at the panel level instead of at the whole or string level, which is how typical central inverters work.

    Since it started, SolarEdge has developed a lot, and its financial performance proves this. SolarEdge reached a record $1.2 billion in revenue in 2019, which is a 44% increase from the year before. Gross profit was up by 37% year-over-year to $720 million, and net income went up by 48% to $275 million. Net income rose 48% to $223 million. This year, SolarEdge has proceeded to launch new products and join new markets, which has helped it make even more money.


    Founded: 2006

    Headquarters: Herzliya, Israel

    Website: https://solaredge.com/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/8/85/SolarEdge_Technologies_HQ.jpg)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/8/85/SolarEdge_Technologies_HQ.jpg)
    Video by SolarEdgePV
  3. Top 3

    Check Point Software

    Check Point is an American Israeli multinational company that makes software and hardware-software devices for IT security, such as network security, endpoint security, cloud security, mobile security, data security, and security management.

    As of 2021, the company has about 6,000 workers all over the world. The company's headquarters are in Tel Aviv, Israel, and San Carlos, California. It has development centers in Israel and Belarus, as well as in the US (ZoneAlarm) and Sweden (old Protect Data development center), which it got when it bought other companies. The company has offices in more than 70 places around the world, including 10 in the United States (including San Carlos, California and Dallas, Texas), 4 in Canada (including Ottawa, Ontario), London, Paris, Munich, and Madrid in Europe, and Singapore, Japan, Bengaluru, and Sydney in Asia-Pacific.


    Check Point offers the following primary products:

    • Network Security
    • Software Defined Protection
    • Public and Private Cloud Security
    • Zero Trust Remote Access
    • Data Security
    • IoT Security
    • ThreatCloud
    • ThreatCloud IntelliStore
    • Virtual Systems
    • Endpoint Security
    • Mobile Security
    • Security Management
    • Document Security (Capsule Docs product line)
    • Zero-day Protection (SandBlast appliance product line)
    • Mobile Security (Mobile Threat Prevention product line)

    Check Point Software is a world leader in cyber security solutions, and its 2019 financial results show that they have a long history of substantial financial success. Check Point made $1.96 billion in revenue in 2019, a 5.6% rise from the previous year. In the same year, their net income was $536,4 million, 4.7% more than the previous year. Check Point also said it had a record annual cash flow of $819.8 million, 8.3% more than it had in 2018. The company also recorded a healthy balance sheet, with total assets of $3.92 billion and total liabilities of $1.59 billion, for a net asset value of $2.33 billion. Check Point's strong financial success shows how much it cares about making new and safe cyber security solutions.


    Founded: 1993

    Headquarters: Tel Aviv, Israel

    Website: https://www.checkpoint.com/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/a4/Check_Point-Tel_Aviv.jpg)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/a4/Check_Point-Tel_Aviv.jpg)
    Bypassing ChatGPT's Content Filters to Create Malware - Video by Check Point Software Technologies, Ltd.
  4. Top 4

    NICE

    NICE is a global leader in reducing friction between companies and consumers, creating extraordinary experiences that build loyalty and unbreakable bonds. Based in Israel, NICE is known for its innovation and comprehensive end-to-end CX approach. It combines digital entry points, journey orchestration, smart self-service, prepared agents, and a complete performance suite, all embedded with its purpose-built CX Analytics, AI, and domain expertise.

    NICE’s 7,500+ employees in Israel are highly experienced and knowledgeable in their respective fields and are guided by a deep commitment to genuine customer satisfaction, environmental sustainability, and good corporate citizenship. NICE has demonstrated its belief in giving back to the community through its involvement with local communities in Israel.

    NICE’s flagship Volunteer Program encourages employees to contribute their time, knowledge, and skills to various causes in the local community and abroad. Each year, Global Community Month is held in May, providing opportunities for NICE employees to come together to positively impact their communities.

    Since 2009, NICE has made community involvement an integral part of its corporate culture. It has logged over 13,000 volunteer hours, impacting nearly 200 non-profits and countless individuals through their activities. With a solid commitment to social responsibility, NICE has become a leader in giving back.


    Founded: 1986

    Headquarters: Ra'anana, Israel

    Website: https://www.nice.com/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/1/1e/Nice_building_in_Raanana02.jpg)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/1/1e/Nice_building_in_Raanana02.jpg)
    NICE Interactions Live 2022 - Video by NICE
  5. Top 5

    Bank Leumi

    Bank Leumi is an Israeli bank. It was started on February 27, 1902, in Jaffa as the Anglo Palestine Company. It was a branch of the Jewish Colonial Trust Limited, which was started in London by members of the Zionist movement to help develop the industry, construction, agriculture, and infrastructure of the land that was hoped to become Israel. As of 2015, Bank Leumi is Israel's biggest bank in terms of total assets. It has offices in the US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China, as well as Luxembourg, Switzerland, and the Netherlands. Even though Bank Leumi was taken over by the government in 1981, it is now mostly owned by private people. As of June 2006, the government has the most stock, with 14.8%. Shlomo Eliyahu and Branea Invest are the other big owners. They each own 10% of the stock, which makes them the core of the bank's power. Sixty percent of the bank's shares are owned by the people and traded on the Tel Aviv Stock Exchange.


    Bank Leumi is dedicated to giving its customers banking services that are new, safe, and trustworthy. It does this by combining a personal touch with modern technology. The bank wants to build strong, long-term ties with all of its customers by giving them custom solutions and great customer service, with the goal of making sure they are as happy as possible. Bank Leumi's goal is to become Israel's top provider of financial services by giving customers a wide range of goods and services. The bank wants to be a partner that customers can trust by giving them unique solutions and the latest in financial technology. Integrity, trust, and dependability are at the heart of Bank Leumi's core beliefs. The bank cares a lot about giving customers information that is clear and honest so they can make good choices. The bank is also proud of its good customer service, its ability to understand customers' wants, and its ability to offer custom solutions.

    Bank Leumi
    has a wide range of goods and services, such as personal banking, corporate banking, investment banking, credit cards, consumer loans, mortgages, and insurance. Bank Leumi also offers digital services like web banking, mobile banking, and many others.

    In the last few years, Bank Leumi's financial success has been great. Its total assets will go from $48.1 billion in 2019 to $49.4 billion in 2020, which is a big jump. Profits went from $816 million to $1.1 billion in the same time period. The return on assets of the bank also went up from 1.7% in 2019 to 2.2% in 2020.


    Founded: 1902

    Headquarters: Tel Aviv, Israel

    Website: https://www.leumi.co.il/

    Bank Leumi Building in Jerusalem - Photo on Wikimedia Commons - (https://upload.wikimedia.org/wikipedia/commons/e/e6/Bank_Leumi_Building_Jerusalem.JPG)
    Bank Leumi Building in Jerusalem - Photo on Wikimedia Commons - (https://upload.wikimedia.org/wikipedia/commons/e/e6/Bank_Leumi_Building_Jerusalem.JPG)
    Video by לאומי דיגיטל Leumi Digital
  6. Top 6

    Bank Hapoalim

    Bank Hapoalim was founded in 1921 and is one of the biggest banks in Israel. It gives a wide range of financial services to individuals, businesses, and institutions, but retail banking services are its main focus. The bank has more than 250 offices and branches in Israel and other countries, and its shares are sold on the Tel Aviv Stock Exchange.

    Bank Hapoalim
    is a big player in the world's financial markets. It has more than 600 ATMs, 7 regional business centers, 22 business branches, and industry desks for large corporate clients. Shari Arison owns Arison Holdings, which runs the bank. The bank has 11,930 workers all over the world.

    Bank Hapoalim
    has agreed to raise worker wages from 2018 to 2022 and to let more than 900 people leave early. The bank is a big name in the Israeli banking industry and has a large part of the market.


    Founded: 1921

    Headquarters: Tel Aviv, Israel

    Website: https://www.bankhapoalim.com/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/5/5a/West_Jerusalem_Zion_Square_Bank_Hapoalim.jpg)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/5/5a/West_Jerusalem_Zion_Square_Bank_Hapoalim.jpg)
    Video by בנק הפועלים - הערוץ הרשמי
  7. Teva Pharmaceutical Industries Ltd., also called Teva Pharmaceuticals, is an Israeli multinational pharmaceutical company with offices in Tel Aviv, Israel. Its main business is making generic drugs, but it also sells active pharmaceutical ingredients and, to a lesser degree, its own drugs. Teva Pharmaceuticals was the biggest company that made generic drugs until Pfizer, based in the US, passed it for a short time. Once Pfizer's generic drug business merged with Mylan at the end of 2020 to form the new company Viatris, Teva returned to being the market leader. Teva is the 18th biggest drug company in the world as a whole.

    Teva
    has factories in Israel, the United States, Europe, Australia, and South America. The Tel Aviv Stock Exchange has Teva shares for sale. Pharmaceutical Research and Manufacturers of America (PhRMA) is a group the company is a part of.

    Teva Pharmaceuticals
    is proud to offer more than 3,500 different products to people in more than 60 countries. This is more than any other pharmaceutical business in the world. Nearly 200 million people worldwide take Teva medicine every day, and in the US alone, more than 1 million prescriptions are made for a Teva product. Teva Pharmaceutical uses knowledge, new ideas, and technology to improve health.

    Teva Pharmaceuticals
    spends a lot of money on research and development to help their experts bring medicines to market more efficiently so that their product line can keep up with the changing needs and challenges of healthcare. This research is the key to growth and progress, not just for the company but also for people who want to make health better. In creating these treatments for respiratory, pain, migraines and headaches, movement and neurodegenerative disorders, oncology, and other areas, their main goal is to improve patients' lives worldwide.


    Founded: 1901

    Headquarters: Tel Aviv, Israel

    Website: https://www.tevapharm.com/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/a8/TevaCanada3.jpg)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/a8/TevaCanada3.jpg)
    Teva Corporate Video 2022 - Video by Teva Pharmaceutical Industries Ltd.
  8. Top 8

    Mizrahi-Tefahot

    Mizrahi Tefahot Bank Ltd. (also called "Mizrahi Tefahot") is a public company limited by shares founded on June 6, 1923, under the rules of the State of Israel. Mizrahi Tefahot shares were first traded on the Tel-Aviv Stock Exchange in 1963.

    Based on the value of its assets, Mizrahi Tefahot is Israel's third-largest bank. It offers a full range of personal, business, and foreign banking services. As of December 31, 2022, its total assets were worth USD 121.7 billion. For the year that finished on December 31, 2022, Mizrahi Tefahot had an operating profit before taxes of USD 1978.69 million, a net profit of USD 1270.8 million, and a return on equity of 20.1%.

    The Ofer and Wertheim groups, which run Mizrahi Tefahot, own about 41.58% of the company's shares. The rest of the shares are owned by people who bought them on the Tel-Aviv Stock Exchange. Mizrahi Tefahot Group will have 204 branches and business centers in Israel as of December 31, 2022. This includes 53 branches of its partner, Bank Yahav for Government Employees Ltd, and two branches in London and Los Angeles.

    On July 26, 2022, S&P GLOBAL RATINGS MAALOT LTD (hereafter "Ma'alot") approved the bank's issuer rating of ilAAA with a stable rating outlook. Maalot gives the contingent subordinated notes with contractual loss absorption provisions (CoCo) of the bank a rating of ilAA-. According to Basel III rules, these notes qualify as Tier II equity and have a rating of ilAA-.

    You can do banking differently at Mizrahi Tefahot. They consider you one of the most important clients, so you can expect exceptional service and care that fits your needs and wants. They pay attention, help quickly, show interest and understanding, take the lead, and are transparent. Mizrahi-Tefahot provides many banking services, including:

    • Special accounts for young people, troops, students, employees, self-employed people, and retirees
    • Private banking
    • Investing in money, savings accounts, provident funds, and mutual funds
    • Loans are easy to get for a variety of reasons
    • Foreign currency industries with high-tech goods and services
    • A wide range of advanced capital market activity
    • Business banking
    • Mortgage plans that are made to fit each borrower
    • Expertise in real estate

    Founded: 1923

    Headquarters: Ramat Gan, Israel

    Website: https://www.mizrahi-tefahot.co.il/

    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/ac/BankMizrahi9186.JPG)
    Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/ac/BankMizrahi9186.JPG)
    Video by בנק מזרחי טפחות
  9. Top 9

    Israel Chemicals

    First off, Israel Chemicals, often known as ICL, is a worldwide producer of one-of-a-kind minerals and specialized chemicals. The corporation has locations all around the world, including Hong Kong, China, and Japan, in addition to its headquarters being in Israel. ICL has shown, through the publication of its 2019 Corporate Social Responsibility report, that they are dedicated to both innovative and sustainable practices.

    ICL
    is a provider of a wide variety of products, some of which are utilized in agricultural and food production. In contrast, others are utilized in the production of engineered materials and specialty minerals. Investors have access to a variety of materials, such as reports, webcasts, and transcripts, which they may use to keep themselves updated on the financial performance of the company.

    ICL
    is committed to interacting with its communities in Israel and all over the world. This is a priority for the organization. In addition to this, the organization is dedicated to maintaining a healthy and equitable workplace, and it provides chances for internships, cooperative work, and apprenticeships. ICL also puts out a magazine as a means of keeping its shareholders and other interested parties up to date on the development of the company.


    Founded: 1968

    Headquarters: Tel-Aviv, Israel

    Website: https://www.icl-group.com/

    Photo on Wallpaper Flare (https://c0.wallpaperflare.com/preview/985/736/853/backgrounds-school-education-science.jpg)
    Photo on Wallpaper Flare (https://c0.wallpaperflare.com/preview/985/736/853/backgrounds-school-education-science.jpg)
    ICL's Flame Retardants - The right choice for you - Video by ICL
  10. Top 10

    Elbit Systems

    Elbit Systems is a global high-tech corporation focused on defense and homeland security. They manufacture aerial, terrestrial, and marine systems and products for defense, homeland security, and commercial use. Elbit Systems installs new platforms and modernizes them. They also offer training and support.

    These primary activities share technologies, goods, programs, and customer interfaces. Thus, their subsidiaries, divisions, or other operating entities commonly collaborate on marketing, research and development, manufacturing, program execution, sales, and after-sales support.

    Defense and homeland security budgets in most Elbit Systems markets have remained consistent despite the global impact of the COVID-19 epidemic, which has slowed the commercial aviation sector. The Russia-Ukraine war has led to calls for higher defense budgets in Europe and abroad and worsened global economic volatility. Recent military and homeland security requirements, including low-intensity conflicts and ongoing terrorist activities, tensions with countries like Iran, and a focus on leaner but more technologically advanced forces, have increased demand for technological solutions that incorporate digital transformation, including artificial intelligence, Big Data analytics, robotics, automation, and information assurance. C4ISR, cyber-defense, network-centric information, intelligence gathering, border and perimeter security, unmanned aircraft systems, unmanned surface vessels, remote controlled systems, precision munitions, vehicle survivability and protection systems, space and satellite-based defense capabilities, and homeland security solutions are also in demand. Cost-effective logistic assistance and training and simulation services are in demand. Elbit Systems believes its synergistic strategy of discovering solutions incorporating components of diverse activities positions us to fulfill evolving client requirements in many areas.

    They customize their technology, integration capabilities, market expertise, and operationally proven systems for each customer in both existing and new platforms. Customers can improve their technological and operational skills on a budget by upgrading old platforms with advanced technology. Their expertise in "systems of systems" allows them to provide comprehensive defense, homeland security, and safety solutions.


    Founded: 1966

    Headquarters: Haifa, Israel

    Website: https://elbitsystems.com/

    Elbit Systems 900 take off - Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/a4/Elbit_Systems_900_take_off.jpg)
    Elbit Systems 900 take off - Photo on Wikimedia Commons (https://upload.wikimedia.org/wikipedia/commons/a/a4/Elbit_Systems_900_take_off.jpg)
    Elbit Systems / Corporate Video - Video by Elbit Systems



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