Business Career
Since the late 1990s, Shavit has been active as a founder, investor and corporate director in technological, medical and trading enterprises. Shavit is the Chairman of Ryyty, a multi-national group of trading companies which continued the Asian businesses of the Butonia group. Shavit is also a founder and director of UTC - Underwater Technology Center, an advanced underwater communications company, and of the Shamdon Globe real estate group, founded in 2009 in the wake of the sub-prime crisis. Shavit is one of the investor-founders of Medigus (TASE: MDGS), a medical devices company.
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