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IDB Development Corporation Ltd.

IDB Development Corporation Ltd.
3 Azrieli Center
44th Floor
Tel Aviv
Israel
Fax: 97-23-6075667
www.idb.co.il

No. employees: 45
Turnover: 7,723.26 (US$m)
Financial year end: December

Company Overview

IDB Development Corporation Ltd. (IDBD) is a holding company, based in Israel which holds and centralizes the IDB group’s investment activities. The company operates as a subsidiary of IDB Holding Corporation Ltd (IDB Holding) which is active in business enterprises in the Israeli private sector. In addition, it invests in various sectors which include insurance, capital markets, communications, technology, industry, real estate, retail, trade, and tourism sectors. Moreover, the company seeks to purchases interests in existing businesses and encourages the establishment of new businesses across Israel. Furthermore, it operates through its four principal subsidiaries: Discount Investment Corporation, Clal Industries, Clal Insurance and Koor Industries. IDBD is headquartered in Tel Aviv, Israel.

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