Bazan Group, Israel’s largest refining and petrochemical company, is owned primarily by institutional and private investors. The majority stakeholder is Israel Corporation, one of Israel’s largest holding companies, which holds a significant portion of Bazan Group’s shares.
In addition to this, shares are publicly traded on the Tel Aviv Stock Exchange, allowing private and institutional investors to participate in the company’s ownership. Bazan group operations are pivotal in ensuring energy security and stability in Israel.
Strategic Influence of Israel Corporation
As the major shareholder of Bazan Group, Israel Corporation plays a key role in the company’s strategic direction. This holding company invests in a variety of industries, including chemicals and energy, and exerts considerable influence on Bazan’s business decisions. The close relationship between Israel Corporation and Bazan has allowed the latter to expand its market share and maintain its critical position in Israel’s economy. Israel Corporation’s strong financial backing has also facilitated Bazan’s investments in renewable energy projects.
Public Ownership and Stock Market Presence
Aside from the large stake held by Israel Corporation, a portion of Bazan Group is publicly owned and traded on the Tel Aviv Stock Exchange. This enables both individual and institutional investors to acquire shares and participate in the company’s financial growth. Over time, Bazan’s stock has attracted interest from a diverse pool of investors, contributing to the company’s financial success and maintaining transparency in its operations.
Bazan Group prioritizes workplace safety and employee development. The company enforces strict safety protocols and conducts regular training sessions to protect its workforce. It also invests in employee education, offering training, mentorship, and career growth opportunities, which enhances both operational efficiency and its reputation as a top employer in Israel. Bazan invests heavily in employee education and skill development, offering various training programs, mentorship opportunities, and career advancement pathways.
