D&B: Market value of Israel's top 100 grows to $100b.

Teva, IEC, Bank Hapoalim head 2006 list. The index is based purely on the financial performance of companies between January and September.

January 31, 2006 08:17
1 minute read.
dunn bradstreet logo 88

dunn bradstreet logo 88 . (photo credit: )


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


The combined value of Israel's top 100 companies grew 20 percent to $100 billion in the first nine months of 2005, research company Dunn & Bradstreet said Monday with Teva once again heading its list of the most financially sound companies in the country. "The 'strength' index gives a real indication of the situation of the leading companies in the Israeli economy," said Reuven Kuvent, general manager of Dun & Bradstreet Israel. "The results show the continued improvement of the Israeli economy." The index is based purely on the financial performance of companies between January and September, and factors in revenues, market value, net income and equity of all companies to arrive at the rankings. The combined performance of the 100 companies improved in all four categories, as operating income rose 11% to $70b. for the nine months and net income grew 40% to $7b. Teva was followed by Bank Hapoalim, Israel Electric Corporation, Israel Chemicals and Bank Leumi, respectively, in the top five rankings. Israel Corporation took sixth place, while Oil Refineries (Bazan), Amdocs, Bezeq and IDB Development Corp. completed the top 10 list. Teva Pharmaceutical Industries outperformed the competition in all categories except revenue, where Bazan and Israel Corporation each had higher sales for the period. Kuvent explained that the most prominent sectors in the index were from holding and investment companies, the real estate market and large technology companies traded on the Nasdaq. "The majority of holding companies are publicly traded and owe their growth to the continued positive trend in the capital markets," he said. "Real estate companies are enjoying a reawakening in the market and their performance was boosted by increased participation of Israeli firms in the international market."

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection