Israel Corp. is ranked second, while Israel Electric Corporation rose from 28th place to fifth.
Unsurprisingly, Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) again topped the Dun's 100 strength rankings, as it did in 2008. In second palce was Israel Corp. (TASE: ILCO) (which includes Israel Chemicals, Oil Refineries, and Zim), followed by Bank Leumi (TASE: LUMI) in third place (Bank Hapoalim (LSE: BKHD; TASE: POLI) was seventh), and Amdocs (NYSE: DOX) in fourth. In fifth place is Israel Electric Corporation, up from 28th last year.
According to Dun & Bradstreet, the aggregate value of the 20 largest companies in Israel is NIS 287 billion, compared with NIS 631 billion last year, representing a fall of 54%.
Dun & Bradsreet rates the company strength according to four criteria: revenue, net profit, shareholders' equity, and market cap (if the company is listed).
Published by Globes [online], Israel business news - www.globes.co.il - on January 12, 2009
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