On the Record · Formula Systems (1985)
Formula Systems (1985) subsidiaries, as it lists them
The subsidiaries Formula Systems (1985) lists in its latest annual report, with the jurisdiction of each, linked to the filing.
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| InSync Staffing Services, Inc. | Delaware |
| Matrix IT Ltd. | Israel |
| Magic Software Enterprises Ltd. (wholly-held by Matrix IT Ltd.) | Israel |
| Michpal Micro Computers (1983) Ltd. | Israel |
| TSG Advanced IT Systems, Ltd | Israel |
| Ofek Ariel Photography Ltd | Israel |
| Zap Group | Israel |
| Shamrad Electronic (1997) Ltd | Israel |
| Hashahar Telecom and Electricity Ltd | Israel |
| Formula Infrastructure Ltd | Israel |
From the subsidiary exhibit of the 20-F for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Read from Formula Systems (1985)’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-05-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.