Type | Cooperative |
---|---|
Founded | 1940 |
Headquarters | Emek Hefer, Israel |
Area served | Israel |
Key people | Roberto Kuperman CEO |
Industry | Agricultural |
Revenue | ₪ 3,000 million (2008) |
Net income | + ₪ 75 million (2008) |
Employees | 9300 |
Parent | Owned by 41 Kibbutzim (With 21,000 residents in total) |
Subsidiaries | Ambar Feed Mill, Hod Hefer, Granot Avocado |
Website | granot.coop |
Granot Central Cooperative Ltd. is a purchasing organization of the kibbutz movement in Israel. The chairman is Itzhak Bader, who has held the position since 1995. [1]
Granot oversees 20 factories and companies owned by 41 kibbutzim in Israel's coastal and central region. It operates in a wide range of economic sectors: finances, holdings, purchasing, agriculture (avocado, citrus fruits, cowsheds, poultry, grains) ,industry (feed mills, food, slaughter houses, seed technologies development, refrigerated storage), infrastructures, energy, health care, information technologies, real estate, labor recruitment, vehicles fleet operation and leasing, on-job professional training and more.
With an annual revenue of about 3 billion NIS (New Israeli Shekel) Granot was recognized in 2007 as one of the largest cooperatives in the world (based on a research by the International Co-operative Alliance).[2]
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Granot was established in 1940 in order to utilize economics of scale both in marketing agricultural products and reducing purchasing prices of goods for the member farms. Uniting the farms into one big cooperative, made it possible to use expansive technologies for processing agricultural products. Until today this advantage helps to reduce costs and finance operating capital necessary to sustain the agricultural farms.