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Dear Reader,

This BdiCode 2017 is published during a period of both positive and negative developments. On the positive side, there appears to be some regional geopolitical changes, with some important countries in the Middle East approaching Israel. In addition, the new US administration, which is especially friendly towards Israel, may help in the political struggles occurring in the international arena, especially in international bodies, and prevent boycott attempts by public and private groups. Countries in Africa and other continents are also changing their attitudes and are approaching Israel, which could help Israel in the international arena, and open up new economic opportunities. On the other hand, the discovery of serious corruption is a burden upon the public in general and investors in particular, as this may cause harm to the public’s trust in the political and economic systems. Repeated security incidents, especially in Jerusalem, and instability vis-?-vis Gaza, are also likely to cause considerable damage to tourism, which grew significantly in 2016.

2016 was a positive year for the Israeli marketplace, which grew by 4% in an environment of low inflation, and unemployment rates, and a surplus in the balance of payments Current Account. Nonetheless, key issues still cast a heavy shadow on Israel’s economic future, such as the cost of living and especially housing; a very unequal distribution of national income; a low rate of participation in the labor force among the Ultra-Orthodox and Arab population sectors; and the building of high-quality technological workforce reserves to preserve the advantages of Israeli hi-tech industry.

This 2017 edition of our BdiCode, our thirteenth review of Israel’s leading companies, presents in its  analysis of the business code for excellence and business leadership, a cross section (from all sectors and industries) of leading companies in the Israeli marketplace, and by segmentation – holding, industrial, service, construction, commerce, and capital market companies, as well as law and accounting firms, and a cross section of each of the sectors. The BdiCode ranking considers quantitative and qualitative parameters such as turnover, profitability, growth, risk taking, payment ethics, and “the best place to work.” Ranking “the best companies to work for” raised the idea of investment in human resources to the top of the daily agenda for managers of leading companies. The strength of the ranking lies, inter alia, in the fact that it makes companies look inward and to examine themselves. Among the special rankings are sheltered housing – companies that offer assisted living services in Israel and that have been ranked according to the variety of services they provide, and the ranking of the leading Israeli municipalities/councils.  We make every effort to include new factors each year, which are important to the marketplace. This year we added a variety of special rankings to the field of public accountants.

Tens of thousands of copies of this BdiCode 2017 (in Hebrew and English) are distributed in Israel and abroad, and they introduce you to Israel’s leading companies – the backbone of the Israeli economy, sectoral surveys, and economic analysis, which are a prime business tool for examination and recognition of the marketplace.

Many companies chose to present themselves as part of an expanded profile in our book. They were given an opportunity to detail their operations, products, technologies, market status, and international connections.

We would like to thank our BdiCode employees who have faithfully invested much effort in this book’s publication and have made it possible for us to present you with this quality and professional work.

Enjoy Your Reading,
CofaceBdi Management