Delek Group
Encyclopedia
Delek Group is of one Israel
's largest companies, owned by Isaac Sharon (Yitzhak Tshuva), a self-made multi-millionaire. Delek Group is involved in the energy
and infrastructure
, with investments in upstream and downstream energy, water desalination and power plants. Delek Group' subsidiaries are also involved in insurance
and financial
services. Delek Group is listed on the Tel Aviv
stock exchange under the ticker symbol, DLEKG, and is a member of the TA25 index of leading Israeli companies.
In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fueling stations, mostly under the Texaco brand.
The same month, Delek Israel's Delek Pi-Glilot, a fuel storage and distribution company operating in Ashdod, Jerusalem and Beersheba
, 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." Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years.
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
's largest companies, owned by Isaac Sharon (Yitzhak Tshuva), a self-made multi-millionaire. Delek Group is involved in the energy
Energy
In physics, energy is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems...
and infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
, with investments in upstream and downstream energy, water desalination and power plants. Delek Group' subsidiaries are also involved in insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
and financial
FINANCIAL
FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. Published by Intelligence Group LLC, FINANCIAL is focused on opinion leaders and top business decision-makers; It's about world’s largest companies, investing, careers, and small business. It is...
services. Delek Group is listed on the Tel Aviv
Tel Aviv
Tel Aviv , officially Tel Aviv-Yafo , is the second most populous city in Israel, with a population of 404,400 on a land area of . The city is located on the Israeli Mediterranean coastline in west-central Israel. It is the largest and most populous city in the metropolitan area of Gush Dan, with...
stock exchange under the ticker symbol, DLEKG, and is a member of the TA25 index of leading Israeli companies.
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.In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fueling stations, mostly under the Texaco brand.
The same month, Delek Israel's Delek Pi-Glilot, a fuel storage and distribution company operating in Ashdod, Jerusalem and Beersheba
Beersheba
Beersheba is the largest city in the Negev desert of southern Israel. Often referred to as the "Capital of the Negev", it is the seventh-largest city in Israel with a population of 194,300....
, 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
Moshe Karadi
Moshe Karadi is a former Israeli police officer and general commissioner of the Israel Police between 2004 and May 1, 2007.Karadi was born and raised in Bat Yam, and currently resides in Rishon LeZion...
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." Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years.
Energy
- natural gas operator from off-shore oil fields in IsraelIsraelThe State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
. VietnamVietnamVietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
, RussiaRussiaRussia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
and USA.- USA: 502 gas stations in 8 states;
- IsraelIsraelThe State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
: 232 gas stations; - EuropeEuropeEurope is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
: 869 gas stations.
- refining 60,000 bpd in TylerTyler, TexasTyler is a city in and the county seat of Smith County, Texas, in the United States. It takes its name from President John Tyler . The city had a population of 109,000 in 2010, according to the United States Census Bureau...
, TexasTexasTexas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
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.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, CyprusCyprusCyprus , officially the Republic of Cyprus , is a Eurasian island country, member of the European Union, in the Eastern Mediterranean, east of Greece, south of Turkey, west of Syria and north of Egypt. It is the third largest island in the Mediterranean Sea.The earliest known human activity on the...
, ChinaChinaChinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
, SpainSpainSpain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
, USA, IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
and Khazakhstan - largest desalinisation plant in the world built in Israel
Finance
- One of the largest insurance companies in Israel.
- owns insurance company The Republic Group in the USA.