Paz
Found 13 recent publications
El Al and Yellow App Launch Strategic Partnership for Flight Points
El Al frequent flyer club and Paz Group's Yellow app launch a strategic partnership, allowing users to earn flight points on daily refueling and purchases.
From Gas Stations to Gourmet: The Surprising Economic Revival of the Hot Dog in Israel
The hot dog is experiencing a massive revival in Israel, splitting into two distinct markets: ultra-cheap 5 NIS promotional snacks at Paz gas stations and gourmet creations by chef Moshik Roth.
Yellow Sells Over 250,000 Hot Dogs at 5 NIS in Surprising Consumer Trend
The Yellow convenience store chain sold over 250,000 hot dogs priced at 5 NIS, generating massive consumer engagement, social media buzz, and loyalty club growth for Paz.
Summit Increases Ashdod Refinery Stake to 16.9% Amid Shapir Hurdles
Zohar Levy's Summit acquired a 4.9% stake in Ashdod Refinery from Paz for 75 million NIS, raising its total holding to 16.9% and challenging Shapir's control ambitions.
Paz sells its holdings in Ashdod Oil Refinery for 75 million shekels
Paz is selling its entire 4.9% stake in the Ashdod Oil Refinery for approximately 75 million shekels. The sale is being conducted through the brokerage firm Leader amid a surge in trading volume.
Shapir will not acquire 5% of the Ashdod Oil Refinery from Paz
Shapir Engineering has declined its option to purchase a 4.99% stake in the Ashdod Oil Refinery from Paz. The decision follows regulatory hurdles and the company's failure to meet conditions regarding the sale of its natural gas distribution licenses.
Despite regulator opposition, Shapir deepens its hold on the Ashdod oil refinery with a 3-year consulting agreement
The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.
Paz profit grew by 14%, strong shekel weighed on Albad results
Paz benefited from an improvement in fuel margins and increased net profit by 14% for the quarter. Despite the strengthening of the shekel and a decrease in revenue, Albad recorded organic growth of 7% in original currencies, led by the European market.
Paz increases quarterly profit by 14% and distributes another 130 million shekels to shareholders
The Paz Group finished the second quarter with a net profit of 158 million shekels, a 14% increase compared to the same period last year. The company also announced a dividend distribution of 130 million shekels.
Paz freezes Bitcoin purchases at Yellow following cyber incident at Bits of Gold
The Paz Group has suspended the option to purchase Bitcoin via the Yellow app in partnership with Bits of Gold. The move follows a cyber incident involving software provider Meta Base.
Breaking the fast-food market: a meal for only 5 shekels
The Yellow chain is launching a new nationwide initiative: customers paying via the app can purchase a hot dog for only 5 shekels, with a limit of 2 portions per day. The move comes against the backdrop of rising fast-food prices.
Exiting the gas stations: Paz is setting up fast charging stations in BIG complexes
Ultra-fast charging stations will be set up in BIG shopping complexes across the country. The first one: at the complex at Check Post in Haifa.
Paz vs. Good Pharm in the struggle for Wolt Market: price may reach 300 million shekels
The battle for the acquisition of Wolt Market has entered its decisive stage. Four groups have submitted offers to purchase the retail chain, with the highest bid reaching approximately 300 million shekels.