Revenue
An Israeli civil engineering and infrastructure company, part of the Electra Group. The company functions as Electra’s arm in large-scale infrastructure projects.
Electra Infrastructure develops and builds several infrastructure projects in the occupied West Bank.
Electra Infrastructure was contracted by Israeli Railways to build tunnel 3A in section D of the fast Tel Aviv- Jerusalem railroad (A1), through occupied Palestinian land. The A1 train route crosses the green line into the occupied West Bank in two areas, using occupied Palestinian land, some of it privately owned, for an Israeli transportation project aimed exclusively for Israelis.
In February 2015, Electra and Electra Infrastructure won a tender for the construction and maintenance of the track and electronic systems of the Tel Aviv- Jerusalem A1 rail. Both companies won this EUR 160 million tender as part of an international consortium, named the Electra Bögl Group and composed of the German company Max Bögl Stiftung & Co. and Swiss company Signon Schweiz. The construction will include laying 46 kilometers of track, setting up electromechanical systems that support railway operation, management and integration. The project started immediately after the signing of the contract and is due to be completed in 34 months. The maintenance services included in the contract will be provided by the consortium for a period of 10 years.
Electra Infrastructure also builds vehicle tunnels near in a road next to the settlement of Nili.
Ben Hasharon, the company’s 80% subsidiary, has executed the planning and physical development of the expansion of southern section of the Barkan settlement industrial zone for the Samaria Development Co. Ben Hasharon erected infrastructure, paved roads and conducted large-scale quarrying in the Barkan stone quarry. The quarrying of Palestinian non-renewable natural resources for Israeli needs is another form of illegal exploitation.
Ownership
51% of the company’s shares are owned by the Electra Group and 49% of the company are held by the Covenant Group.
Subsidiaries
Ben Hasharon (80%).
Other companies in the Covenant Group: G Infinity, Shahaf Hasharon (50%), Avgad Nofim (50%), Hod Ventures (50%), Hodaya G.D. (50%), A.Y. Energy (50%), Fuelling (67%), Teratec (70%), Shahaf Europe (30%) – Czech Republic.
All the information contained in this page is valid until Fri 13/01/2017
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