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== From R.A.P. to Eurocom ==
== From R.A.P. to Eurocom ==
As manager of his father-in-law's company, R.A.P., the young Elovitch was also involved in the distribution of products by a telephone manufacturing company called Eurocom. Eurocom was established in 1979 to take the place of a telephone plant that had operated with Israeli partnership in Iran until [[Ruhollah Khomeini|Ayatolla Khomeini]]'s rise to power. In 1985, Elovitch acquired Eurocom.<ref>{{cite news|title=Shaul Alovitz - Eurocom|url=http://www.globes.co.il/serveen/globes/docview.asp?did=380728|accessdate=15 November 2011|newspaper=[[Globes]]|date=19 December 1999}}</ref>
As manager of his father-in-law's company, R.A.P., the young Elovitch was also involved in the distribution of products by a telephone manufacturing company called Eurocom. Eurocom was established in 1979 to take the place of a telephone plant that had operated with Israeli partnership in Iran until [[Ruhollah Khomeini|Ayatolla Khomeini]]'s rise to power. In 1985, Elovitch acquired Eurocom.<ref>{{cite news|title=Shaul Alovitz - Eurocom|url=http://www.globes.co.il/serveen/globes/docview.asp?did=380728|accessdate=15 November 2011|newspaper=[[Globes]]|date=19 December 1999}}</ref>

Partnering with [[Tadiran]], Elovitch became the exclusive distributor in Israel of [[Panasonic]]'s line of office appliances, including telephones, fax machines, xerox machines, and printers. Then, in 1993, Elovitch signed a distribution deal with [[Nokia]] making him their exclusive distributor in Israel, rivalling [[Pelephone]]'s Motorola-base dominance of the mobile phone market until then.<ref>{{cite news|last=Kurz|first=Amir|title=סתם, כי בא לו לדבר|url=http://www.calcalist.co.il/local/articles/0,7340,L-3416854,00.html|accessdate=17 November 2011|newspaper=[[Calcalist]]|date=6 September 2010|language=Hebrew|trans_title=For no reason other than I like to talk|quote=אלוביץ', עם תדיראן שנכנסה איתו אז כשותפה ב־50%, החל לשווק בארץ באופן בלעדי מוצרים של פנסוניק היפנית באמצעות יורוקום שיווק: טלפונים, מרכזיות, פקסימיליות, מכונות צילום, מדפסות, מחשבים וכו'.}}</ref>


== Bezeq acquisition ==
== Bezeq acquisition ==

Revision as of 14:18, 17 November 2011

Shaul Elovitch
Born1949 (age 74–75)
OccupationInvestor
Known forOwner of Eurocom Group

Shaul Elovitch (Hebrew: שאול אלוביץ'; born 1949, Poland) is an Israeli businessman and the owner of Eurocom Group, one of the largest private holding groups in Israel.[1]

Background

Shaul Elovitch was born in 1949 in Poland and made aliyah to Israel when he was two years old. He grew up in Tel Aviv and married at the age of 20. In 1968, shortly after completing his military service, he joined his father-in-law's small business of installing intercoms and television antennas and importing telephones. For a time he studied law but did not complete the requirements for the degree, preferring instead to devote himself to his business pursuits.[2][3]

From R.A.P. to Eurocom

As manager of his father-in-law's company, R.A.P., the young Elovitch was also involved in the distribution of products by a telephone manufacturing company called Eurocom. Eurocom was established in 1979 to take the place of a telephone plant that had operated with Israeli partnership in Iran until Ayatolla Khomeini's rise to power. In 1985, Elovitch acquired Eurocom.[4]

Partnering with Tadiran, Elovitch became the exclusive distributor in Israel of Panasonic's line of office appliances, including telephones, fax machines, xerox machines, and printers. Then, in 1993, Elovitch signed a distribution deal with Nokia making him their exclusive distributor in Israel, rivalling Pelephone's Motorola-base dominance of the mobile phone market until then.[5]

Bezeq acquisition

After various attempts to establish himself in Israel's communication sector since the late 1990s, in 2009 it was reported that Shaul Elovitch was seriously contemplating an acquisition of either Partner Communications Company or Bezeq. Later that year it was announced that Elovitch had opted for a deal with the latter.[6][7] On 14 April 2010 the ownership of Bezeq was transferred from the Apax-Saban-Arkin group to a new subsidiary of Eurocom, B Communications.[8]

References

  1. ^ "Eurocom Group" (PDF). Coface. BdiCoface. Retrieved 15 November 2011.
  2. ^ Sadeh, Shuki (28 August 2009). "משכיר לאימפריה: המסלול העסקי של שאול אלוביץ'". TheMarker (in Hebrew). Retrieved 14 November 2011. הוא גדל בתל אביב הקטנה של שנות ה-50 וה-60, ובימי נעוריו החל לצאת עם מירה פרונאי, שעמה התחתן בגיל צעיר. {{cite news}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)
  3. ^ Peretz, Gad (25 October 2009). "10 דברים שלא ידעתם על שאול אלוביץ'". Globes (in Hebrew). Retrieved 14 November 2011. אלוביץ' למד משפטים, אך לא השלים את התואר כי העדיף להתרכז בניהול ר.א.פ. {{cite news}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)
  4. ^ "Shaul Alovitz - Eurocom". Globes. 19 December 1999. Retrieved 15 November 2011.
  5. ^ Kurz, Amir (6 September 2010). "סתם, כי בא לו לדבר". Calcalist (in Hebrew). Retrieved 17 November 2011. אלוביץ', עם תדיראן שנכנסה איתו אז כשותפה ב־50%, החל לשווק בארץ באופן בלעדי מוצרים של פנסוניק היפנית באמצעות יורוקום שיווק: טלפונים, מרכזיות, פקסימיליות, מכונות צילום, מדפסות, מחשבים וכו'. {{cite news}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)
  6. ^ "Eurocom's Elovitch mulls Bezeq or Partner acquisition". TMCnet.com. Globes. 31 May 2009. Retrieved 15 November 2011.
  7. ^ Teig, Amir (23 October 2009). "Elovitch to buy Bezeq". Haaretz. Retrieved 15 November 2011.
  8. ^ "B Communications Closes Acquisition Of Controlling Interest In Bezeq - Quick Facts". RTTNews. 14 April 2010. Retrieved 15 November 2011.

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