Address: 10 Kremenetski St., Tel Aviv 67899
Director & Joint Managing Director
Director & Joint Managing Director
Line of Business:
Construction and Marketing of Residential Neighborhoods, Development and Manufacturing; Construction and Rental of Industrial and Commercial Centers
Ashtrom Group is Israel’s leading private construction concern.
The Group is involved in a wide range of construction ventures in all areas of real estate in Israel and abroad, and has a long tradition of development and innovation, reliability professionalism based on high uncompromising standards, broad and stable financial foundation and nurturing excellence among employees.
shtrom Group offers its customers broad know-how and rich engineering experience from the development stage to planning, design and completion of construction.
The Group utilizes the most from each subsidiary company and uses its unique advantages and strengths to the maximum. The Group gives its high-quality solutions in all areas of construction and infrastructure, top to bottom.
Ashtrom Construction specializes in constructing residential, commercial, industrial and Institutional structures, offices, hospitals, educational institutions, and hotels.
Ashtrom Construction’s comprehensive deployment, through subsidiaries, enables it to provide a broad and diverse spectrum of solutions for all types of projects in construction and infrastructure.
Its many customers include Ministries of Housing and Defense, the Public Works Authority, Israel Police, Prison Service, local councils and municipalities, courts system, purchasing groups and large private and public construction companies.
Ashtrom construction believes in the highest quality construction based on a skilled and professional workforce deeply committed to meet budget targets and timetables, uncompromising customer service and strictly protecting the environment.
Development and Entrepreneurship
Ashdar, traded on TASE, develops, build and markets quality neighborhoods throughout the country, stressing advanced planning, rigorous construction and overall environmental development. In residential neighborhoods, Ashdar specializes in implementing a complete family-community approach including a range of tenants’ services from the construction of the building to the establishment of cultural and leisure centers in the neighborhood fabric. Ashdar also leads in urban renewal projects such as “clear and build” and earthquake protection projects (Plan No. 38). Ashdar offers quality and advanced solutions for the residential sector in Israel, far beyond the market standards, focusing on the needs of its customers for many years.
Ashtrom Properties, traded on the TASE, is one of the leading and most professional companies engaged in the initiation, establishment and management of income producing properties in Israel and abroad. The company owns offices, hotels, commercial and industrial spaces totaling about 450,000 square meters, some fully owned and some in partnership with leading Israeli companies. Ashtrom Properties provides highest quality management and maintenance services, based on a long-standing reputation and financial strength.
Ashlad is a subsidiary of Ashtrom Properties, also traded on the TASE. The company owns industrial and commercial buildings for rent all over the country and has more than 200 large customers who enjoy a high standard of quality assets and maintenance.
Infrastructure & Concessions
Ashtrom Group has completed two of the largest and most complex B.O.T projects ever built in Israel: Carmel Tunnels in Haifa, and the Jerusalem Light Rail. These projects are based on close cooperation between private and public sectors, and under which the group designs, builds and operate the projects for the duration of the concession.
Ashtrom group has two subsidiaries that specialize in infrastructure, roads and bridges:
• Drachim Building & Development - The company has extensive experience in the construction of urban and intercity roads, and owns asphalt factories that enable national deployment and activity around the clock. The company carries out large-scale projects such as airport runways, ports, railway infrastructure, power stations and more.
• Ashkrit Concrete Products - The company is entrusted with implementation of infrastructure projects and large-scale construction. The company markets a huge range of industrial products using Prestressed concrete.
Ashtrom Industries includes subsidiaries providing a wide range of reliable solutions for all stages of construction from foundations to the shell, insulation, interior and exterior walls, painting and landscaping. Ashtrom Industries provides effective solutions characterized by high quality, aesthetic products with Israel Standards Institute certification. The company believes in uncompromising service including close support of professional, skilled, reliable staff.
• Israbeton - Manufactures and supplies a wide range of all types of concrete.
• Netivei Noy - Manufactures and supplies a wide range of high quality interlocking stones and landscaping products.
• Ashkalit 268 - Manufactures interlocking construction blocks for walls and ceilings of high quality in thermal insulation, acoustics and fireproof.
• Ashbond - Manufactures and markets gypsum blocks using the sink-in-place method enabling clean, swift and efficient building.
• B.G. Technologies - Develops, manufactures and markets finishing products for the construction sector, based on a major technological know-how gained over decades of experience.
• Itumit - Provides sealing and insulation solutions of the highest quality.
Ashtrom international initiates construction projects and carries out contracting projects in housing, hotels, offices and infrastructure. The company has operations in the US, Western and Eastern Europe (Romania, Bulgaria, Serbia, Azerbaijan and more), Africa, and the Caribbean.