Electra Consumer Products
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Electra Consumer Products: 20% Profit Jump as Carrefour Gains Momentum
Electra Consumer Products concluded the second quarter of 2026 with revenues of approximately 1.8 billion shekels, a 38.5% jump in operating profit, and a net profit of 30 million shekels. The Carrefour chain, managed by Global Retail, continues to drive group performance, while the sports sector has returned to profitability.

Electra Consumer Products considers ending participation in the "Basket of the Country" project at Carrefour
In an investor call following the publication of Electra Consumer Products' second-quarter reports, CEO Zvika Schwimmer said: "The 'Basket of the Country' brought new customers to the chain, but hurt revenues." The company's management is now examining whether the additional traffic generated by the promotion justifies the financial damage, or if it is better to end participation at the end of the...

Electra Consumer Products to rent 20,000 sqm in 'Mitham HaElef' from Ashtrom
Police shut down two construction sites of a contractor operating without a license following a fatal accident. Tel Aviv Municipality to relocate its separate beach to the city's north. BST Group, Phoenix, and Menora Mivtachim acquired a residential portfolio in Canada for 332 million shekels.