In 2005 the group's activity was expanded outside of Israel through the establishment of Shlomo Romania where it provides car lease, rental and sale services.
[6] In 2017 Shlomo Group acquired the business activity of the Chinese company BYD Auto and began importing cars and electric buses.
In 2018 group had founded the Shlomo Shmeltzer Institute for Smart Transportation at Tel Aviv University, in the founder's memory.
BYD Auto has successfully expanded renewable energy solutions[buzzword] all around the world while operating in more than 50 countries and regions.
In Israel, Shlomo Group distributes a 12 meters long electric buses for the transit operator Egged.
[8] In the future, additional electric vehicles types are expected to arrive to Israel, such as 18 meters long buses, minibuses and passenger cars.
In November 2007 Shlomo Group was granted a license from The Supervisor of Insurance and at the beginning of 2008 established its business activity.
In 2019 the company launched "AppToYou" - a service which measures the distance a driver had traveled and the safety of his driving, and fit the insurance policy by these paremeters.
Shlomo Real Estate core business is improving assets, including hotels and commercial properties.
[13] Gold Bond, which is owned by Shlomo Group, is actually a holding group consists of a number of companies, and most of its activity is located in Ashdod area, including the following fields of activity: Gold Bond owns a railway station enabling transportation of cargo and goods from Ashdod to all over Israel.
It holds the largest market share of car rental and leasing in Romania, and also, an importer and franchisee of Opel in Bucharest.
The notification of the Ministry of Environmental Protection noted this is not the first time Shlomo Group is fined for such kind of violation.