GMUL

Gmul Investment Company Ltd. (Gmul) is an Israel-based investment company, dealing in investments in four sectors: real estate, including initiation and development of residential construction; hotels, including three hotels in Israel, Zel Harim by the Dead Sea, Mirage in Eilat and Goldar in Netanya, and one in the United States, Ramada St. Luis, Missouri; automotive, including the official representative of Subaru in Israel, sell, rental and car leasing, and miscellaneous investments, including financial markets, energy, infrastructure, communications and high technology. The Company's real estate's activity outside Israel is in Romania, Albania, Turkey, Cyprus, the United States and France.