Elco Ltd.
Israeli industrial group manufacturing home appliances and air conditioners
Elco Ltd. is an international conglomerate holding company headquartered in Tel Aviv, Israel. The company was founded in 1949 by Alexander Salkind, and has been managed since its establishment by three generations of the Salkind family. It is the parent company of Electra, Electra Consumer Products, Electra Real Estate, Supergas and others. By 2021 the company's subsidiaries were active in 17 countries, with more than 21,000 employees, and a production site in Israel where it manufactures air conditioning units and electromechanical equipment.
The company is one of the top traded companies on the Tel Aviv Stock Exchange and is included in the TA-90 Index of top shares, trading under the ticker symbol ELCO.
History
Background
In 1933 in Germany, Alexander Salkind left his home along with his family and relocated to what was then Mandatory Palestine. Prior to that he had owned factories in Germany and England producing parts for radios. Alexander's father had been an industrialist in Russia, and owned factories producing steam engines.
Alexander's son Gershon (born Georg, in 1928) studied at the Herzliya Gymnasium in Tel Aviv and later at the Swiss Federal Institute of Technology in Zürich. Gershon served in the Armored Corps of a predecessor organization of the modern IDF.
Early history
Alexander Salkind founded Elco in 1949, with J. Spielberger and Discount Investments, as an electromechanical factory in Ramat Gan.
This brief starts where responsible research should: with the source description of “Elco Ltd.” as israeli industrial group manufacturing home appliances and air conditioners. Everything that follows is an evidence route, not borrowed authority.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Jun 15, 2026. The linked authority identifier is Q43295457. 2 of 2 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 1949, 2021, 1933 and 1928.
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This entry incorporates text from “Elco Ltd.” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.