Hamashbir Lazarchan

Hamashbir Lazarchan
Type Public TASEMSBZ
Industry Department store
Founded Israel (1947)
Headquarters Netanya, Israel[1]
Area served Israel
Key people Rami Shavit (CEO)
Hadar Olsker (CFO)
Nissim Hassan (COO)[1]
Revenue NIS 907 million (2006)[2]
Employees 3651[2]
Website Mashbir.co.il

Hamashbir Lazarchan (Hebrew: המשביר לצרכן‎) is an Israeli chain of department stores. Hamashbir consists of 33 branches across the country.[2]

History

The chain was founded by the Histadrut in 1947.[1] In 2003, Rami Shavit and a group of investors acquired the department store chain, operating the company under the new name, New Hamashbir Lazarchan Ltd.[1][2] In 2007, the company went public on the Tel Aviv Stock Exchange with a NIS 6.6 million stock offering and bonds valued at NIS 50 million.[2]

References

  1. ^ a b c d New HaMashbir Latzarchan Ltd., Bloomberg Businessweek, accessed on July 21, 2010
  2. ^ a b c d e New Hamashbir Lazarchan Ltd., BDICode

See also