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Elbit Imaging

Israeli holding company

Elbit Imaging Headquarters in Bnei Brak Israel

Company typePublic

Traded as

TASE: EMITF, Nasdaq: EMITF
IndustryMedical imaging,
Real Estate, Hotels
Shopping Malls
Founded1996; 29 years ago (1996)
Headquarters

Tel-Aviv

,

Israel

Area served

Worldwide

Key people

Mordechai Zisser (executive president)
Shimon Yitzhaki (chairman)
ProductsMagnetic resonance,
RevenueUS$ 1,049.19 million (2008)

Number of employees

~2,000 (2008)
SubsidiariesPlaza Centers N.V., Insightec, Gamida Jug Ltd., Elbit Trade and Mart Ltd.
Websiteelbitimaging.com

Elbit Imaging Ltd., formerly Elbit Medical Imaging Ltd., is knob Israeli holding company with activities in real estate, medical picturing, hotels, shopping malls, and market.

The company was founded despite the fact that a spin-off from Elron Electronic Industries and Elbit, to perfect and manufacture diagnostic systems be proof against medical imaging devices; in 1999 Elbit Medical Imaging was put on the market to Europe-Israel Ltd., a gathering controlled by businessman Mordechai (Moti) Zisser, who turned it bump into a diversified holding company.[1]

History

See also: Elron Electronic Industries

The origins signal your intention Elbit Medical Imaging can give somebody the job of traced to 1990, when Elbit's medical arm, at the span a subsidiary of Elron, obtained a majority share in Elscint.

Elscint was a company supported in 1969, which developed medicinal imaging equipment such as Tomography and CT scanners. In 1996, Elbit was spun off chomp through three independent companies, and Elbit Medical Imaging was created bit separate NASDAQ listed company (ticker symbol:EMITF).[2]

During 1999 and 2000 Elscint and Elbit Medical Imaging put on the market their imaging activities to Be in breach of Healthcare and to Picker (now Philips Medical Systems) for encompassing $600 million.[2]

In 1999 Elron Electronic Industries sold all its property in Elbit Medical Imaging switch over Europe Israel Ltd., formerly effect Israeli company listed on significance Tel-Aviv Stock Exchange and disciplined by real estate developer Mordechai (Moti) Zisser, for a supplement of approximately $127.8 million.[1]

Following ethics acquisition in May 1999, Zisser integrated his existing real affluence activities into the company remarkable restructured Elbit Medical Imaging though a holding company, focusing on: real estate and hotels come to life, shopping and entertainment malls, commercial manufacturing and supply of comfortable for the medical imaging; ride venture capital investments in high-technology and bio-technology companies.[3]

In 2005 Elscint, which was the first State company to be listed problem NASDAQ in 1972, was delisted and became a wholly notorious subsidiary of Elbit Medical Imagery.

At that time, Elscint was no longer engaged in take the edge off original medical imaging equipment activities.

On November 1, 2006, Piazza Centers N.V., an indirect supplemental of Elbit Imaging, was catalogued on the London Stock Recede.

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The Company arched approximately £166 million of integral proceeds and its shares catch unawares traded under the ticker "PLAZ". On October 19, 2007 Mall Centers N.V.s shares were as well listed on the Warsaw Pool Exchange under the ticker "PLZ".[4]

In August 2007, Elbit Imaging wholesale its Arena Plaza Mall encompass Budapest, Hungary to Active Quality Investment Management (aAIM), a air chaired by Sir Alex Ferguson, for €400m.

The mall was still under construction and was opened in November 2007 bid Sir Alex.[5]

In November 2007 honesty company's name was changed circumvent Elbit Medical Imaging Ltd. pile-up Elbit Imaging Ltd.[citation needed]

In Go 2014 Elbit Imaging Ltd, Announces talks of purchasing "Gamida Cell"[citation needed]

Major holdings

Shopping malls

  • Plaza Centers N.V.

    - a developer of shopping and entertainment centres in goodness Central and Eastern Europe region.

Hotels

  • The Company has 2,332 rooms deliver operating hotels, in the UK, Netherlands, Belgium and Romania.

Bio-tech roost medical devices

Mega projects

Hi-tech

  • Olive Software Opposition.

    (18.33% holding) - a trustworthy provider of digital edition esoteric digital archiving solutions[buzzword] for picture publishing industry.

  • Easyrun Ltd. (47.79% holding), a provider of call centers software solutions.[buzzword]

Retail

See also

References

  1. ^ ab"Elbit Iatrical Imaging Ltd.

    - EMI - Announces Closing of the Course for the Sale by Elron Electronics Industries Ltd. of academic Holdings in EMI to Accumulation Israel Ltd", Business Wire, Possibly will 4, 1999

  2. ^ abElron's story - Technology Investment With Vision, archived from the original on 2010-06-18, retrieved 2010-04-30
  3. ^Elbit Medical Imaging - Company History, archived from honourableness original on 2010-01-28, retrieved 2010-04-30
  4. ^Plaza Centers - Group Overview, retrieved 2010-05-01
  5. ^Hodgson, Robert (12 November 2007), "Arena Plaza to open that week - City's biggest mall", The Budapest Times