Company Description
Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products.
It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.
This segment also delivers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing services.
This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers.
The Telematics Products segment offers Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual.
The company was incorporated in 1994 and is headquartered in Azor, Israel.
| Country | Israel |
| Founded | 1994 |
| IPO Date | Sep 28, 2005 |
| Industry | Scientific & Technical Instruments |
| Sector | Technology |
| Employees | 2,841 |
| CEO | Nir Sheratzky |
Contact Details
Address: 3 Hashikma Street Azor, 5800182 Israel | |
| Phone | 972 3 557 1333 |
| Website | ituran.com |
Stock Details
| Ticker Symbol | ITRN |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001337117 |
| CUSIP Number | M6158M104 |
| ISIN Number | IL0010818685 |
| SIC Code | 5065 |
Key Executives
| Name | Position |
|---|---|
| Ami Saranga | Deputy Chief Executive Officer |
| Udi Mizrahi | Deputy Chief Executive Officer of International Operation and Vice President of Finance |
| Eyal Sheratzky | Co-Chief Executive Officer and Director |
| Nir Sheratzky | Co-Chief Executive Officer and Director |
| Izzy Sheratzky | Co-Founder, President and Director |
| Gil Sheratzky | Intl. Activity and Business Development Officer and Director |
| Shahar Sheratzky | Vice President and Head of Business Division |
| Prof. Yehuda Kahana Ph.D. | Co-Founder and Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 4, 2024 | 6-K | Report of foreign issuer |
| Nov 21, 2024 | 6-K | Report of foreign issuer |
| Nov 21, 2024 | 6-K | Report of foreign issuer |
| Nov 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 13, 2024 | 6-K | Report of foreign issuer |
| Nov 12, 2024 | 6-K | Report of foreign issuer |
| Oct 15, 2024 | 6-K | Report of foreign issuer |
| Oct 15, 2024 | 6-K | Report of foreign issuer |
| Oct 2, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Sep 30, 2024 | 6-K | Report of foreign issuer |