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May 04, 2015 2:06 PM ET

Diversified Financial Services

Company Overview of Elron Electronic Industries Ltd.

Company Overview

Elron Electronic Industries Ltd., through its subsidiaries, operates in medical devices and other technology fields. It develops a remote patient monitoring solution for congestive heart failure patients; a device for the treatment of ischemic stroke; and a microbiological laboratory system for diagnosis. The company also develops solutions for the optimization of cloud computing costs and resources; an online cash register, inventory management, and retail website management system; and a micro-blogging platform that enables users create, track, and share the interesting numbers in their lives. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The com...

3 Azrieli Center

42nd Floor

Tel Aviv,  6702301

Israel

Founded in 1961

Phone:

972 3 607 5555

Fax:

972 3 607 5556

Key Executives for Elron Electronic Industries Ltd.

Chief Executive Officer
Age: 44
Total Annual Compensation: $950.0K
Chief Financial Officer and Vice President
Age: 36
Total Annual Compensation: $424.0K
Chief Financial Officer of Given Imaging
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2014.

Elron Electronic Industries Ltd. Key Developments

Elron Electronic Industries Ltd. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2014

Elron Electronic Industries Ltd. reported unaudited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported financial income of $8.875 million compared to $0.261 million a year ago. Income before taxes on income was $115.266 million compared to loss before taxes on income of $11.059 million a year ago. Net income and net income attributable to company shareholders was of $85.494 million compared to $17.935 million a year ago. Net cash used in operating activities was $5.456 million compared to $4.067 million a year ago. Purchase of property and equipment was of $1,000 compared to $7,000 a year ago.

Elron Electronic Industries Ltd., Special/Extraordinary Shareholders Meeting, Apr 19, 2015

Elron Electronic Industries Ltd., Special/Extraordinary Shareholders Meeting, Apr 19, 2015., at 15:00 Israel Standard Time. Location: at 3 Azrieli Center, Triangular Tower, 42nd Floor. Agenda: To approve the amendment and extension of the Company's engagement with Discount Investment Corporation Ltd (‘DIC’) ., in a services agreement for an additional period of three years from May 1, 2015; to consider amendment and extension of the company's engagement with DIC in a services agreement; and to consider names of the directors who have a personal interest in approval of the engagement and the nature of their personal interest.

Elron Electronic Industries Ltd., Special/Extraordinary Shareholders Meeting, Mar 04, 2015

Elron Electronic Industries Ltd., Special/Extraordinary Shareholders Meeting, Mar 04, 2015., at 15:00 Israel Standard Time. Location: 3 Azrieli Center, The Triangular Tower. Agenda: To re-appoint Mr. Ehud Rassabi to serve as an external director for a second three-year term to commence on March 11, 2015.

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