Involvement
Revenue
A publicly traded Israeli company in the automobile sector, dealing in car leasing, fleet operation, car sales, trade-in and car rentals.
Albar operates two car rental agencies in Modi’in Illit and Beitar Illit, two settlements in the occupied West Bank.
The company is the exclusive representative of Dollar Rent A Car and Thrifty Rent a Car System, held by Hertz Global Holdings (NYSE: HTZ) through its full ownership of Dollar Thrifty Automotive Group. In 2017, it became the exclusive representative of the publicly traded French car rental company Europcar (Euronext:EUCAR). The companies receive royalties based on Albar’s tourist rental revenues.
Ownership
Eli Elezra holds 100% of the company’s shares through Elezra Holdings and Afridar Housing and Development Israel Co.
The company is listed on the Tel Aviv Stock Exchange under the ticker symbol ALBR.
Subsidiaries
Wholly owned subsidiaries: Albar Car Fleets (R.Z), Albar Credit, Albar A. F, Memsi Road and Towing Services, Moto-First and Albar (Y.M.T.) Vehicle Distribution Co.
Partners
Company subsidiary Albar Car Fleet is the exclusive representative of Dollar Rent A Car and Thrifty Rent a Car System, two wholly owned subsidiaries of Dollar Thrifty Automotive Group, a fully owned subsidiary of Hertz Global Holdings (NYSE: HTZ). The companies receive royalties based on Albar’s tourist rental revenues.
Albar Car Fleet is also the exclusive representative of the publicly traded French car rental company Europcar (Euronext:EUCAR). The company will receive royalties based on Albar’s tourist rental revenues.
All the information contained in this page is valid until Sun 31/12/2017
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