Israel Post

Government Administration · 1001 Employees
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About
The Israel Postal Company (ILP) is Israel's national postal company and the country's leading online retail and financial services provider. The Israel Post is a government-owned corporation. 100% of the company's shares are owned by the State of Israel. With a rich history spanning 75 years and currently employing 4000 people, The Israel Post maintains an extensive supply chain and deploys Israel's largest distribution and retail network exceeding 1,500 service points. This includes approx. 400 postal units and nearly 700 PUDOs within close reach of every Israeli home. Israel Post's customer-centric approach spans all segments and has three inter-related and complementary business verticals centered around the provision of essential services to Israeli residents: Courier, Express, and Parcel (CEP) Delivery of parcels with a strong focus on global e-commerce that includes strategic distribution agreements with the world's largest online retailers. This includes import, export, domestic CEP services, and supplementary services. The Postal Bank The Financial Services company owned by Israel Post provides a wide range of financial services for over one million checking account holders and prepaid card customers. This in addition to added services it offers to millions of other casual customers. The Postal Bank does not provide credit or loans. Traditional Mail: Provision of “traditional” domestic postal services, including bulk and individual mail, certified mail, express mail, and in-branch retail services. In July 2023, Israel's Government Companies Authority embarked on a privatization process to sell 100% of the company's shares to an investor or group of investors. The tender process was published on the Authority's website. Investor relations will be managed on behalf of the Authority through the investment bank Rothschild & Co. Please go to https://www.israelpost.co.il/ for more information on the sale and bidding procedure.
Year Founded
1948
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Industry
Government Administration
HQ Location
Yafo Street 23 Jerusalem, 9199907, IL
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Location
  • Yafo Street 23 Jerusalem, 9199907, IL

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