Rami Levy Chain Stores Hashikma Marketing 20062006 רשת חנויות רמי לוי שיווק השקמה
Ramy Levi - Shivuk Hashikma is the third largest Israeli retail supermarket chain.
The company operates five supermarkets across the West Bank, including: in the settlements' Industrial Zones of Mishor Edomim and Sha'ar Binyamin, in the settlements of Beithar Illit and Gush Etzion and in Ramot, a settlement neighborhood in East Jerusalem. The company owns more than half of the commercial centers in which it stores are located and was the developer of the commercial center in Mishor Edomim.
Through its subsidiary, Rami Levy Hashikma Marketing Communications, the company markets cellular communication services and end devices at cheap rates. Company's cellular phone services are based on the network and physical infrastructure of Pelephone communications, which has stationed hundreds of antennas and telecommunication infrastructure facilities on occupied land in the West Bank and the Golan Heights.
At the beginning of 2013, the company has declared the upcoming opening of two new branches in the settlements. According to its third quarterly report for 2014, the first will be opened in the second quarter of 2015 in the settlement of Ariel and the second branch, at the Atraot settlement's industrial zone, is expected to start operating in the following quarter of 2015.
The Ariel branch is a part of a wider business venture. On May 28th 2013, Rami Levy - controlling shareholder and CEO, together with his partners in Mega Or Holdings, have announced the beginning of construction of the first mall in the settlement of Ariel. The shopping center development activity is executed through a parent company, fully owned by Adina and Rami Levy. The Israeli newspaper Ha'aretz, has reported that the Israeli chains: Castro, Nitsat HaDuvdevan and Fox (all of which hold additional branches in the settlements) will open stores in the new Ariel Mall. The 100 million NIS complex, slated for completion in two years, will include 11,000 square meters of retail space, 5,000 square meters of office space and parking for 600 cars. A Rami Levy supermarket will take up 3,000 square meters.
In addition, Levy and his partners in Mega Or are planning a new shopping center on Route 60, where the northern settlements neighborhoods of Jerusalem connect to Route 443. The "R North Jerusalem Mall" was designed to serve the settlements of Pisgat Ze’ev and Neveh Ya'akov and the Palestinian refugee camps and neighborhoods of Shuafat, Bir Nabala and Beit Hanina.
In an interview to Ha'aretz, the Project's marketing director – Osnat Zagrun, explained that the high interest in the "R North Jerusalem Mall" originates in the Israeli chains desire "to get into the Arab Sector". She further elaborated on the adjustments made in order to create a shopping center, adequate to the demands of its future Arab clients and added that the Palestinian household appliance chain, A. Sbitany & Sons, is expected to open a 1,500 square meter outlet in the center.
Main shareholder and CEO is Rami Levy, who owns 48.34% of the company's shares.
Additional major shareholders are MSD Fund (9.76%) and FMR LLC (8.95%).
The company has several subsidiaries, Including: Rami Levy Hashikma Marketing Communications and "Yafiz" stores.
The development and construction activity is been executed through the parent company, Rami Levy Hashikma Marketing LTD, fully owned by Adina and Rami Levy.
Mishor Edomim I.Z. 98509
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