The company has business activities in shopping malls and entertainment, centers, hotels and others. It provides hotels services, residential real estate services, bio and medical device services and retail and other services. The company owns, operates and develops retail properties. It has its presence in Hungary, Israel, the US, India, Bulgaria, Latvia, Greece, Serbia and others. The company was formerly known as Elbit Medical Imaging Ltd. Elbit is headquartered in Bnei Brak, Israel.