20 Most Famous Israeli Companies

20 Most Famous Israeli Companies

Originally published by Diana K in April 2022 and updated by Vanessa M in March 2024.

The economy of Israel is a developed free-market economy. Israel ranks 35th on the World Bank’s ease of doing business index.

It has the second-largest number of startup companies in the world after the United States and the third-largest number of NASDAQ-listed companies after the U.S. and China.

American companies such as Intel, Microsoft, and Apple built their first overseas research and development facilities in Israel.

Other high-tech multi-national corporations, such as IBM, Google, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened R&D centres in the country.

The country’s major economic sectors are technology and industrial manufacturing.

The Israeli diamond industry is one of the world’s centers for diamond cutting and polishing, amounting to 23.2% of all export

Let’s have a look at the 20 most famous Israeli companies.

1. Teva Pharmaceuticals Industries

SECTOR                         : INDUSTRIAL COMPANIES

BRANCH                        : PHARMACEUTICAL & COSMETICS

REVENUE (2020-21)   : $16.89 billion

EMPLOYEES                   : 39,717

Teva is a leading supplier of generic medicines, they are committed to creating quality, affordable medicines for more people around the world.

They develop, personalize, and improve speciality treatments as well as enhance research and development efforts for targetted biologics and biosimilars.

According to Teva, a healthy community is one in which individuals have access to resources and conditions that enable them to live their healthiest lives.

Teva contributes to healthy communities by increasing access to treatments, driving science and innovation, engaging patients, caregivers and healthcare professionals, and advancing global health priorities.

On 4 March 2022,  Teva Pharmaceutical Industries Ltd. announced a donation of essential medical products valued at over $11M, for acute therapies in humanitarian support of Ukrainian refugees.

Most of which have been made in partnership with Teva’s trusted long-term partner ‘Direct Relief’.

 Many of the Teva medicines donated are listed on the World Health Organization’s list of essential medicines and include antibiotics, treatment for respiratory conditions, and other treatments.

For More Company Info:

Key Principal: John Nison 

Address: 5 Bazel PETAH TIKVA, 4951033 Israel 

Phone: +972-39267267

Website: www.tevapharm.com 

2. The Israel Electric Corporation

SECTOR                           : INDUSTRIAL COMPANIES

BRANCH                         : ELECTRICITY PROD. & INFRASTRUCTURE

REVENUE (2020-21)    : $6.95 billion

EMPLOYEES                   : 11,483

At least there’s one thing Israelis and Palestinians have in common: Israel Electric Corporation (IEC), which generates, transmits, distributes, and supplies electricity to all of Israel and the areas controlled by the Palestinian Authority.

The government power monopoly serves about 2.6 million customers through its offices scattered throughout the country.

The company possesses and operates around 15 sites of power stations (of which five are steam-driven power stations sites) with a total installed generation capacity of more than 12,750 MW)

For More Company  Info:

Key Principal: Ofer Bloch 

Address: 1 Netiv Ha’or HAIFA, 3508510 Israel

Phone: +972-768633550

Website: www.iec.co.il 

3.      Intel Israel (74) Ltd

SECTOR                          : HiTech

BRANCH                         : SEMICONDUCTOR

REVENUE (2020-21)   : $8 billion

EMPLOYEES                   : 13,700

Intel Israel (74) Ltd. is located in HAIFA, Israel and is part of the Semiconductor and Other Electronic Component Manufacturing Industry.

Intel Israel (74) Ltd. has 13,700 employees at this location. There are 404 companies in the Intel Israel (74) Ltd. corporate family.

Intel Israel commenced operations in 1974 and is a development and manufacturing centre of Intel Corporation.

As a leading technology company in Israel and in the world, Intel develops and manufactures integrated and connected digital technology and computing platforms.

As of January 2021, Intel Israel is by far the largest tech employer in Israel with 13,950 employees, up from 13,750 employees 12 months ago.

Of these employees, 7,000 work in development centres and 4,850 in production plants while the other 2,100 work for Intel Israel units Mobileye, Moovit and Habana Labs.

For More Company Info:

Key Principal: Yaniv Gerti 

Address: 9 Andrei Sakharov HAIFA, 3508409 Israel 

Phone: +972-86667111

Website: www.intel.co.il

4.      ICL GROUP LTD

SECTOR                          : Industrial Companies

BRANCH                         : Chemicals, Minerals, Refinery

REVENUE (2020-21)    : $5.04 billion

EMPLOYEES                    : 11,744

Israel Chemicals Limited, which changed its name to ICL Group Ltd. (ICL) in 2020, is a leading global speciality minerals and chemicals company that creates impactful solutions for humanity’s sustainability challenges in global food, agriculture, and industrial markets.

ICL leverages its unique bromine, potash and phosphate resources, its professional employees, and its strong focus on R&;D and technological innovation to drive growth across its end markets.

Bromine commonly is used in flame retardants, and potash is a common fertilizer. It is also a major producer of magnesium.

Although most of the company’s chemicals are produced in Israel (from the Dead Sea), it also mines for fertilizers in Spain and the UK.

Around 35% of sales were generated in Europe

For More Company Info:

Key Principal: Yoav Doppelt

Address: 23 Oswaldo Arania, Millennium Tower TEL AVIV-JAFFA, 6107025 Israel 

Phone: +972-36844412

Website: www.icl-group.com 

5.      ORL Bazan

SECTOR                           : Industrial Companies

BRANCH                         : Chemicals, Minerals, Refinery

REVENUE (2020-21)    : $6.57 billion

EMPLOYEES                    : 1,341

Oil Refineries Ltd is an Israel-based oil refinery company. The Company is engaged in three areas of operation: Refining, Petrochemicals and Trade segment.

The Company mainly deals in the production of crude oil products, polymers used as raw materials in the plastics industry, aromatic materials for the chemical and petrochemical Industries and basic oils and waxes used as raw materials in the production of other products.

The products primarily go to local consumption, while the outstanding balance is exported to the Mediterranean basin.

Oil Refineries Ltd is active in the polymers and aromatics fields, through its holdings, Carmel Olefins Ltd. and wholly-owned subsidiary, Gadiv Petrochemical Industries Ltd.

For More Company Info:

Key Principal: Shlomo Basson

Address: Haifa, Israel

Phone: +972.4.8788111

Website: http://www.orl.co.il/orl_site/index.html

6.      Elbit Systems

SECTOR                          : HiTech

BRANCH                        : Defense industry

REVENUE (2020-21)   : $4.66 billion

EMPLOYEES                   : 16,676

A publicly traded Israeli weapons company, operating in a wide range of areas including, aerospace, land and naval systems, command, control, communication, computers, intelligence and surveillance.

The company also provides a range of support services.

Elbit is Israel’s biggest military and arms company.

The company has a tightly-knit relationship with the Israeli security apparatus for whom it provides services and develops extensive technology, equipment and platforms deployed in varying fields.

In 2020, the Israeli Ministry of Defense (IMOD) was Elbit’s second-biggest customer after the US government. 

44.30% of shares are owned by Michael Federman through Federman Enterprise Ltd. (FEL), who is also the board’s Chairman and the remaining 55.7% are public shares.

For More Company Info:

Key Principal: Bezhalel Machlis

Address: Advanced Technology Center PO Box 539 Haifa, 31053 Israel

Phone: (972)-77-2940000 

Website: www.elbitsystems.com

7.      Amdocs

SECTOR                           : HiTech

BRANCH                          : Software Development

REVENUE (2020-21)     : $4.3 billion

EMPLOYEES                     : 29,000(Global)

In an era where new technologies are born every minute, the demand for meaningful digital experiences has never been so intense.

Amdocs unlocks their customers’ innovative potential, empowering them to transform their boldest ideas into reality and make billions of people feel like VIPs.

Their  29,000 strong workforce around the globe aims to accelerate customers’ migration to the cloud, differentiate in the 5G era, digitalize and automate their operations, and provide end-users with the next-generation communication and media experiences that make the world say wow!

For More Company Info:

Key Principal: Shuky Sheffer

Address: 8 Hapnina RAANANA, 4321545 Israel  

Phone: +972-97762222

Website: www.amdocs.com 

8.      Shufersal Ltd

SECTOR                         : HiTech

BRANCH                        : Software Development

REVENUE (2020-21)   : $4.7 billion

EMPLOYEES                   : 25,875

Shufersal (formerly Super-Sol) covers many niches in a small nation. Israel’s top supermarket chain (with more than a third of the chain store market).

The company operates about 240 stores in three main formats: Shufersal Deal (deep discount stores), Shufersal Big (neighbourhood stores) and Shufersal Sheli (120-store neighbourhood chain made up of the former brands Hyperneto, Clubmarket, and Hatzi Kupa).

The firm is expanding its Zol Po store format (about 25 stores serving large families) and it offers a handful of Alef (ultra-Orthodox) stores. 

Consumers can also shop via phone, fax, or the Internet (Shufersal Yashir). Israeli investment firm IDB Holding, through its subsidiaries, controls Shufersal.

For More Company Info:

Key Principal: Yaki Vadmani

Address: 30 Shmotkin Benjamin RISHON LEZION, 7536333 Israel 

Phone: +972-1800565656

Website: www.shufersal.co.il 

9.      Bank Leumi Le Israel BM

SECTOR                          : Commercial Banks

BRANCH                         : Financial Services

REVENUE (2020-21)    : $4.7 billion

EMPLOYEES                    : 8,816

Bank Leumi provides banking and financial services in Israel.

It provides services pertaining to segments such as corporate banking, commercial banking, private banking, financial management, capital market, small businesses, and households.

Under each of these segments, it provides services such as single deposit and instalment-based deposits, savings schemes, pre-approved loans, housing loans, credit products, investment products, and investment and pension counselling services.

They also provide solutions in the field of financing and international trade such as financing of mergers and acquisitions; organization of syndicates; financing and guidance of national and international projects; and financial instruments to hedge against currency risks, interest risks, and fluctuations in commodities prices.

It provides financial services to middle-market business entities; credit lines to finance international trade, real estate purchases, and company mergers; private banking services to wealthy clients; brokerage services in the securities and financial instruments market; and banking and financial services to entities in the capital market.

It also provides services such as the underwriting and distributing of private and public offerings and also the issuing and clearance of credit cards, along with financial services and solutions to the cardholders.

Bank Leumi also provides provident funds and mutual funds to small and medium-sized businesses, and local authorities.

Its customers also comprise mutual funds, provident funds, training funds, pension funds, commercial banks, and investment banks.

Bank Leumi was established in 1902 and headquartered in Tel Aviv, Israel. It operates through 274 branches in Israel; and 52 branches, agencies, and representative offices in 15 countries internationally.

For More Company Info:

Key Principal: Hanan Shmuel Friedman

Address: 24-32 Yehuda Halevy St, P.O.B. 26513616 Israel

Phone: +972.3.5158111

Website: https://www.leumi.co.il/

10.  Bank Hapoalim B.M

SECTOR                           : Commercial Banks

BRANCH                          : Financial Services

REVENUE (2020-21)     : $3.91 billion

EMPLOYEES                     : 8,456

Bank Hapoalim B.M. was founded in 1921 by the central institutions of the Jewish Settlement (the Yishuv) at the time, the Zionist Histadrut and the Histadrut General Federation of Hebrew Workers in Eretz Yisrael. 

The largest bank in Israel, Bank Hapoalim caters to individual, commercial, and corporate clients at home and abroad.

Within Israel, the Bank Hapoalim Group has more than 270 full-service branches and business centres. Another 30 express branches are in the works.

Overseas, it has about 45 branches, correspondent offices, and financial subsidiaries in Asia, Australia, Europe, Latin America, and North America; its international focus is on private banking and the corporate sector.

Bank Hapoalim provides investment banking services including the underwriting of and investment in companies; it also provides trust services to individuals and businesses.

For More Company Info:

Key Principal:  Reuven Krupik

Address: 50 Rothschild Blvd. TEL AVIV-JAFFA, 6688314 Israel 

Phone: +972-35673697

Website: www.bankhapoalim.co.il

11. Mobileye

SECTOR: Intel

BRANCH: Autonomous Driving company

REVENUE (2023): 2.08 billion USD

EMPLOYEES: 3,700 (2023)

Mobileye, acquired by Intel, is a well-known global leader in vision-based Advanced Driver Assistance Systems (ADAS). Mobileye, a pioneer of innovative technologies, is focused on improving vehicle safety and autonomous driving capabilities.

Its cutting-edge computer vision and machine learning solutions enable vehicles to interpret and respond to their surroundings, resulting in features such as lane-keeping assistance, collision avoidance, and adaptive cruise control.

With a commitment to revolutionizing the automotive industry, Mobileye’s contributions will shape the future of smart and safe transportation, aligning with the industry’s overall goal of achieving autonomous mobility.

For More Company Info:

Key Principal:  Amnon Shashua

Address:  Hartom 13, Jerusalem, 9777513, Israel

Phone: +972 2 541 7333

Website: HTTPS://WWW.MOBILEYE.COM/

12. Check Point Software Technologies

SECTOR: Software Company

BRANCH: hardware and software products for IT security

REVENUE (2023): 2.17 billion USD

EMPLOYEES: 5,805 (December 2021)

Check Point Software Technologies is a cybersecurity stalwart known for its expertise in firewall and VPN products. The company was founded in Israel and has since grown to be a global force in cybersecurity. Check Point’s cutting-edge solutions offer strong protection against cyber threats by utilizing advanced firewall technologies to secure networks.

The company, known for its innovation, addresses evolving security challenges through a comprehensive suite of products and services. Check Point, widely trusted by businesses, plays an important role in protecting digital assets and ensuring the integrity of online communication through its cutting-edge Virtual Private Network (VPN) offerings, making a significant contribution to the cybersecurity landscape.

For More Company Info:

Key Principal:  Gil Shwed

Address:  5 Shlomo Kaplan TEL AVIV-JAFFA, 6789159 Israel 

Phone: +972 37534555

Website: HTTP://WWW.CHECKPOINT.COM/

13. Wix.com

SECTOR: software company

BRANCH: Web development platform

REVENUE (2023): 

EMPLOYEES: 

This popular cloud-based web development platform has made it easier for people all over the world to create websites. Wix’s intuitive drag-and-drop interface allows individuals and businesses to create professional and customizable websites without coding knowledge. Users can create visually appealing and responsive websites using a large library of templates and innovative design tools.

The platform’s robust infrastructure ensures resiliency and scalability. Wix meets a wide range of needs, from e-commerce to portfolio websites, and has helped millions improve their online presence. Its user-friendly approach, combined with a commitment to continuous improvement, has cemented Wix’s position as a top choice for those looking for accessible and feature-rich website development.

For More Company Info:

Key Principal: Avishai Abrahami

Address:  40 Namal Tel Aviv St. Tel Aviv, Israel

Website: HTTPS://WWW.WIX.COM/

14. Mellanox Technologies

SECTOR: computer networking products 

BRANCH: development, manufacturing, marketing, and sales of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services

REVENUE (2023): 1.331 billion USD

EMPLOYEES: 2800 (March 2020)

Mellanox Technologies is a pioneer in high-performance interconnect solutions. Mellanox is well-known for its networking technology innovations, and it specializes in developing robust, high-bandwidth solutions for data centers and cloud computing. The company specializes in InfiniBand and Ethernet technologies, offering superior connectivity for applications that require speed and efficiency.

Mellanox’s solutions improve data transfer, and system performance, and contribute to the advancement of supercomputing and artificial intelligence. NVIDIA’s acquisition strengthens collaboration at the intersection of networking and computing, resulting in a powerful synergy for improving the capabilities of modern data centers and accelerating high-performance computing applications.

For More Company Info:

Key Principal:  Eyal Waldman

Address:  26 Hakidma YOKNEAM ILLIT, Northern District, 2066730 Israel

Phone: +972 74-723-7200

Website: HTTP://WWW.MELLANOX.COM

15. Orbotech

SECTOR: electronics and adjacent industries

BRANCH: Consumer electronics corporation

REVENUE (2023): $806.4M

EMPLOYEES: 2,400 (2019)

Orbotech focuses on providing cutting-edge solutions for electronic component production. Orbotech specializes in advanced technology and offers critical inspection, testing, and imaging systems for the manufacturing of printed circuit boards (PCBs), flat panel displays, and semiconductor devices.

The company’s innovative products ensure precision, quality control, and efficiency in the production of electronic components, thereby improving the reliability and performance of a wide range of electronic devices. Orbotech’s technological contributions have a significant impact on the landscape of electronics manufacturing, benefiting industries that rely on high-quality, high-performance electronic components.

For More Company Info:

Key Principal: Shimon Ullman

Address:  7 Hasanhedrin Blvd. YAVNE, 8121507 Israel

Phone: +972 8-942-3533

Website: HTTP://WWW.KLA.COM/

16. Stratasys

SECTOR: Additive manufacturing company

BRANCH: manufacturer of 3D printers, software, and materials for polymer additive manufacturing 

REVENUE (2023):  $651.48M

EMPLOYEES: 2,062 (2022)

Stratasys, a leader in additive manufacturing, manufactures 3D printers and 3D production systems. The company is well-known for its innovation, and it provides cutting-edge solutions that enable industries to prototype and produce products quickly. Stratasys serves a wide range of industries, including aerospace, automotive, healthcare, and consumer goods, and its technology allows for intricate and customized designs.

The company’s technology uses a variety of materials, including thermoplastics, multi-material, and multi-color options. Stratasys is instrumental in advancing the adoption of 3D printing across industries, encouraging creativity and efficiency in product development and manufacturing processes around the world.

For More Company Info:

Key Principal:  S. Scott Crump

Address:  פארק המדע, Haim Holtsman St 1, Rehovot, Israel

Phone: +972 74-745-4000

Website: HTTP://WWW.CHECKPOINT.COM/

17. Israel Aerospace Industries (IAI)

SECTOR: Aerospace and defense company

BRANCH: aerospace and aviation manufacturer

REVENUE (2023): 4.973 billion USD

EMPLOYEES: 15,000

Israel Aerospace Industries (IAI) is a major aerospace and defense company known for its global presence. IAI, Israel’s flagship aerospace manufacturer, specializes in the design and production of cutting-edge aviation and defense systems. Its portfolio is diverse, including aircraft, satellites, unmanned aerial systems, missile defense systems, and more.

The company plays a critical role in improving national security, contributing to international defense collaborations, and pioneering space exploration. The company’s commitment to technological innovation and defense solutions strengthens its position as a major player in the global aerospace and defense industry, with a significant impact on military capabilities and space exploration.

For More Company Info:

Key Principal: Shimon Peres

Address:  Ben Gurion International Airport · 70100 , Israel 

Phone: +972-3-9353111

Website: HTTP://WWW.CHECKPOINT.COM/

18. NICE Systems

SECTOR: Software Company

BRANCH: customer relations management software, artificial intelligence, digital and workforce engagement management

REVENUE (2022): 2.067 billion USD

EMPLOYEES: 7,900 (2023)

NICE Systems is a global technology company that focuses on providing advanced software solutions for enterprise and security applications. It is well-known for its expertise in analytics, automation, and cloud-based technologies. It serves a wide range of industries, including finance, telecommunications, and public safety. The company’s solutions are focused on improving the customer experience, ensuring regulatory compliance, and increasing operational efficiency.

In terms of security, NICE provides robust platforms for surveillance, investigation, and incident response. With a focus on innovation, NICE Systems plays an important role in empowering organizations with intelligent and integrated software solutions, fostering a secure and efficient operational environment across multiple sectors.

For More Company Info:

Key Principal: Kathy Morris

Address:  Zarhin St 22, Ra’anana, Israel

Phone: +972 9-775-3777

Website: HTTP://WWW.CHECKPOINT.COM/

19. Israel Chemicals (ICL)

SECTOR: Manufacturing Company

BRANCH: fertilizer and specialty chemical sectors

REVENUE (2023): $1.69B

EMPLOYEES: 13,233

Israel Chemicals (ICL) is a major multinational company that specializes in fertilizers and specialty chemicals. As a global leader, ICL is dedicated to agricultural and industrial development. The company manufactures a diverse range of products, including potash, phosphate fertilizers, and specialty chemicals used in industries such as agriculture, food, and engineered materials.

ICL’s innovative solutions help to ensure sustainable agriculture by improving crop yields and promoting environmental responsibility. With a strong international presence, ICL’s comprehensive portfolio of fertilizers and specialty chemicals contributes significantly to addressing global food security and resource management issues.

For More Company Info:

Key Principal: Raviv Zoller

Address:  2 Kroitzer St. Beer Sheva, 8489415, Israel

Phone: +972 3 684-4400

Website: HTTP://WWW.CHECKPOINT.COM/

20. SodaStream

SECTOR: Drink Company

BRANCH: manufactures home beverage carbonation systems

REVENUE (2017): US$543.37 million 

EMPLOYEES: 3,800 

SodaStream is a well-known brand for its home carbonation products, which allow customers to make sparkling water and sodas from the comfort of their own homes. The company’s user-friendly machines carbonate tap water with carbon dioxide cylinders, allowing users to create a wide range of flavored and customized beverages.

Beyond convenience, SodaStream promotes environmental sustainability by reducing the use of single-use plastic bottles. The brand became popular for its novel approach to at-home beverage preparation, which emphasized freshness and personalization. SodaStream, now owned by PepsiCo, remains a pioneer in the home carbonation industry, combining functionality with environmentally conscious values.

For More Company Info:

Key Principal: Kefar Sava

Address: 1 Atirei Yeda KFAR SABA, 4464301 Israel

Phone: 1-800-763-2258

Website: HTTP://WWW.CHECKPOINT.COM/

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For more info on the 20 famous companies in Israel including updated financials, stock market performance and projected growth click on the links provided in the article.