Address: Shlomo group H.Q, Zrifin, Nir Zvi 72905
Line of Business:
Vehicles, Insurance, Energy, Israel Shipyards, Real Estate, Bonded Warehouses and Communications
hlomo Group is one of Israel’s leading investment groups. The Group was established in 1974 by Shlomo Shmeltzer, the owner, who heads a company engaged in rental, leasing and services to Israel’s vehicle sector. Over the years the Group has expanded investments into other areas including Shlomo Holdings, Afcon Holdings Group, Israel Shipyards, real estate, Gold Bond/Conterm containers and cargo terminal, Tadiran Telecom, and Shlomo Insurance. In 2012, combined revenue was NIS 5.1 billion.
Shlomo Holdings, Israel’s largest and leading company, provides vehicle services with a fleet of 75,000 vehicles. Through its subsidiaries it offers: Vehicle rentals in Israel and abroad (through SIXT international); Operating leases for over 54,000 vehicles across 3,500 businesses; Leasing and vehicle rentals in Romania; Leasing for the consumer market (through C.A.L. credit cards); Vehicle sales (from the Group’s fleet); A network of vehicle repair shops and road services (Shlomo SIXT Road Service & Repair Shops). These services rely on a fleet of dozens of tow trucks and emergency service vehicles and 400 repair shops nationwide. 2012 revenues reached NIS 3.24 billion.
SH.I.R Shlomo Car Import
In 2010, Shlomo Group signed a concession import agreement with German automaker Opel. The imports are carried out by SH.I.R Shlomo Car Import Ltd. Opel is the leading German car brand in Europe and has the second largest sales in Germany. Sales are carried out through 8 sales centers, and since January 2011, 10,000 vehicles have been sold.
Afcon Holdings Group
Afcon is engaged in energy and infrastructures and specializes in electro-mechanics, air-conditioning, gas, industrial control, building control, fire detection and extinguishing, security, CCTV, electronic fences, parking systems, and renewable energy solutions. The company designs, manufactures, installs, and integrates projects and systems for industry, buildings and infrastructures in Israel and abroad. The Group develops green energy, gas pressure reduction stations, conversion to gas projects, and is building Israel’s first CNG installation. The company is building several solar power stations and developing Israel’s first wind power station. In 2009, Tadiran Telecom communications services joined the group. Tadiran is Israel’s leading company for marketing, sales, integration, installation and service of business communications systems and call centers at customers’ sites. In 2011, Tadiran Telecom- Tatal joined the group. It develops, produces, markets and sells united UC&C communications systems to business customers. In January 2013, Afcon acquired Yachniuk & Sons. Engineering Ltd. Yachniuk is a building and infrastructures company specializing in complex projects requiring high precision and skill. The company operates in the energy market building power and gas stations, installations for government bodies and public buildings. The AFCON Group has 1,300 employees and revenue in 2012 exceeded NIS 1 billion.
Israel Shipyards – Port, Shipyards and Metal Work
Shlomo Shmeltzer acquired the company in 1995. The company designs, builds, maintains and refurbishes military and civilian seagoing vessels, including handling industrial, and heavy metalwork. Clients include both Israeli and foreign companies, Israel’s Ministry of Defense and the US Sixth Fleet. The company manufactures bulk shipping vessels, tug boats, barges and multi-purpose vessels. The company has agreements to provide ship repair services with various countries and shipping companies. Israel Shipyards is ISO 9001:2000 certified and adheres to international standards. In 2007, Israel Shipyards received a ports operation license. In order to distinguish its new activities, the company stressed to customers its particularly personal and professional service. The company provides port services for a range of goods from bulk goods to consolidated cargoes specializing in loading special cargoes. In 2008, the company set up the subsidiary Israel Shipyards Port and by 2010, 1.5 million tons had been unloaded with constant growth in activity.
SH.I.R Real Estate
SH.I.R Real Estate, Shlomo Group’s real estate division, has operations in Israel, Germany, Romania, Czech Republic and Georgia with NIS 555 million worth of assets. The company’s Israel properties are located in premium locations such as Kiryat Arye in Petach Tikva and Haifa’s Hahistadrut Boulevard. Equity is NIS 190 million and properties occupy 372,000 sq.m. The company’s flagship project – the Group’s logistics center – Kiryat Shlomo in Zrifin was opened in January 2011 covering an area of 60,000 square meters. NIS 200 million was invested in the project, which includes all the Group’s headquarters, over 2,500 parking spaces, service garages, an Opel showroom, sales and rental branches. In 2011, SH.I.R entered the European hotel industry through its subsidiary SH.I.R Hotels. With partners the company acquired 20 hotels either operating or under construction in Western Europe with 2,500 rooms.
Gold Bond/Conterm – Cargo & Containers
Gold Bond/Conterm is located in Ashdod where the company operates a cargo and container facility supervised by the Customs Authority. Gold Bond/Conterm maintains free standing warehouse space at the Ashdod facility and leases part of the space. A private train station located on company premises handles 6,000 tons of cargo per month, part of which is delivered by trains and trucks. Conterm provides packaging, delivery and unloading services at key locations along the train route in Tel-Aviv, Haifa and Ashdod.
Shlomo Insurance Ltd.
A boutique insurance company in general insurance specializing in swift solutions, personal attention, and first rate service to clients and agencies. The company aims to be a leading agency by allocating major resources to develop and promote its agents and has led many breakthroughs in the approach of Israel’s insurance agents and their role.