Egged’s activity in Poland The Israel Business conference 11 th December 2010
Content § Egged Israel § Investment policy in Europe § Characteristics of the Polish market § Egged’s activity in Poland 2 MOBILIS
Egged Israel § The largest operator of public transportation in Israel § Established in 1933 § Reputation for reliable and safe service spanning 70 years § Excellent, reliable and long-term relationships with major suppliers (Mercedes, Volvo, MAN, Solaris) § Environmental friendly company 3 MOBILIS
Egged Israel - ID § ~ 500 million EUR annual revenue § ~ 3, 500 buses § Carries 1 million passengers per day § Runs ~ 45, 000 trips per day § Operates nearly 1, 400 lines § Employs 6, 200 people 4 MOBILIS
Egged Israel - Branches 5 MOBILIS
§ Egged Israel § Investment policy in Europe § Characteristics of the Polish market § Egged’s activity in Poland 6 MOBILIS
Investment policy in Europe Egged operates in Europe via Egged Europe Ltd. (100%), according to the policies specified below: §Strategy §Means 7 MOBILIS
Strategy § Mergers and Acquisitions (M&A) – acquisition of local companies to form a strong basis in new markets and the merger of companies with similar features, in order to realize advantages of magnitude. § Expansion of activities by winning tenders (exclusiveness). § Activity focused mainly in the field of public transportation and complementary services, reflecting the continued growth in Egged's core fields of activity, while benefiting from the Group's knowledge, experience and reputation. 8 MOBILIS
Means § Realization of relative advantages and operational synergy with the Egged Group – knowledge, reputation, experience and operational aspects, including: centralized purchasing, planning of transportation, maintenance, information systems, etc. § Distribution of funding resources for achievement of financial strength. § Examination of target markets while identifying criteria – size of state, international presence and levels of competitiveness, level of transparency and openness (belonging to the European Union), operational level of public transport, existence and use of technology, privatization policies, financial and political strength and stability, distance from Israel and cultural differences 9 MOBILIS
§ Egged Israel § Investment policy in Europe § Characteristics of the Polish market § Egged’s activity in Poland 10 MOBILIS
Characteristics of the Polish market § Large market (approximately 40 million residents) § Financial stability § Political stability § Advanced financial systems § High-quality personnel, with superior work ethics § Transparency (rated 49 out of 178 in the world index for corrupted countries in 2010) § Developed and friendly privatization policies 11 MOBILIS
§ Egged Israel § Investment policy in Europe § Characteristics of the Polish market § Egged’s activity in Poland 12 MOBILIS
Egged’s activity in Poland Egged operates in Poland via Mobilis: § Mobilis is currently active in Warsaw, Bidgosh and Krakow, mainly by operating municipal lines (based on winning tenders). § The company's headquarters are based in Warsaw and include a plot owned by the company, with facilities and a garage. § Tenders are based on fixed payments to the municipality per kilometer traveled. § The buses use advanced technological systems. 13 MOBILIS
Egged’s activity in Poland Mobilis's mechanism of growth is as follows: § Participation in tenders – formulating business proposals and pricing tenders according to Egged policies, fundraising and financing through Mobilis. § Merging with and acquiring companies (M&A). 14 MOBILIS
Holding structure Egged Europe/ holdings Egged Bulgaria/ BG* (100%) Mobilis Poland (100%) PKS Mragowo Poland (51%) PKS Ciechanow Poland (85%) PKS Minsk Poland (85%) PKS Mlawa Poland (85%) PKS Ostroleka Poland (85%) 15 PKS Plock Poland (85%) PKS Pszasnysz Poland (85%) Egged Rousse Bulgaria (65%) MOBILIS
Development No. of buses 16 MOBILIS
17 MOBILIS
Thank you for listening 18 MOBILIS
Скачать презентацию Egged s activity in Poland The Israel Business conference
3ff8d5c522c511069464e58723c49172.ppt