Company Ashtrom Group Ltd.

ASHG

IL0011323156

Construction & Engineering

Market Closed - TEL AVIV STOCK EXCHANGE 06:44:09 2026-10-16 EDT			5-day change	1st Jan Change
5,722.00 ^ILa	+3.25%		+10.34%	-18.43%

08-26	Ashtrom Group Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
06-29	Migdal Insurance and Financial Holdings Ltd. signed a letter of intent to acquire 20% stake in Ashtrom Residential for Rent Limited Partnership from Ashtrom Group Ltd. for ILS 451.1 million.	CI

Business description: Ashtrom Group Ltd.

Ashtrom Group Ltd is an Israel-based company that operates in the construction and real estate sector. The Company operates, along with its group companies, in six segments: the Construction segment, which is engaged in a range of projects, such as residential, office and public buildings, hotels, industrial buildings and plants, civil works and infrastructure projects; the Industries segment provides a range of products, including concrete and clay products, quarry and crushing products, autoclaved aerated concrete blocks, gypsum building blocks, reinforced and prefabricated concrete elements, among others; the Ashdar segment develops residential projects; the Properties segment owns and manages offices, commercial buildings, hotels, and industrial facilities; the Concessions segment designs and implements infrastructure and construction projects, and the International segment focuses on the construction, property development and management worldwide.

Number of employees: 692

Sales by Activity: Ashtrom Group Ltd.

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Construction and Infrastructure Contracting in Israel	2.69B	2.72B	2.69B	2.41B	2.54B
Industries	711M	952M	1.06B	1.01B	1.11B
Residential Real Estate Initiatives in Israel - Ashdar	1.26B	1.86B	1.1B	744M	840M
Investment and Entrepreneurship - Ashstrom Properties	629M	498M	422M	475M	522M
Overseas Activity - Ashstrom International	171M	296M	378M	362M	320M
Residences for Rent	-	145M	144M	117M	117M
Renewable Energy	-	3.52M	3.55M	34.34M	71.49M
Franchising	75.12M	16.85M	17.85M	18.7M	19.45M
Construction Contracting and Infrastructure Abroad	85.16M	-	-	-	-
Profitable Real Estate for Investment Abroad	49.79M	-	-	-	-
Unallocated Adjustments in Respect of Affiliated Companies	-178M	-196M	-231M	-262M	-405M
Unallocated Adjustments	-1.02B	-1.15B	-767M	-444M	-492M

See all business segments

Geographical breakdown of sales: Ashtrom Group Ltd.

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Israel	4.04B	4.73B	4.28B	3.91B	4.09B
North America (Includes Jamaica)	188M	202M	247M	186M	326M
Western Europe (Germany, England and Portugal)	-	125M	157M	153M	174M
East Europe	71.29M	89.37M	131M	206M	63.27M
Africa	46.51M	4.16M	-	-	-
Western Europe (Germany and England)	119M	-	-	-	-

See all geographic segments

Executive Committee: Ashtrom Group Ltd.

Manager	Title	Age	Since
Gil Gueron CEO	Chief Executive Officer	68	2011-12-31
Omer Gal DFI	Director of Finance/CFO	60	2022-03-30
Zohar Barak Hadad HRO	Human Resources Officer	-	-
Eyal Ben Avi AUD	Comptroller/Controller/Auditor	51	2020-12-31
Oren Nussbaum PRN	Corporate Officer/Principal	45	2006-10-21

See ASHTROM GROUP LTD. governance

Composition of the Board of Directors: Ashtrom Group Ltd.

Director	Title	Age	Since
Avraham Nussbaum CHM	Chairman	77	2014-05-17
Gil Gueron CHM	Chairman	68	2007-10-17
Jonathan Levy BRD	Director/Board Member	65	2014-05-17
Offer Zehavi BRD	Director/Board Member	54	2014-05-17
Elyezer Shkedy BRD	Director/Board Member	69	2022-06-06
Amalia Paz BRD	Director/Board Member	60	2022-06-06
Limor Danesh BRD	Director/Board Member	51	-

Composition of the Board of Directors

Shareholders: Ashtrom Group Ltd.

Name	Stocks	%	Valuation
Unedco United Engineering & Development Co. Ltd. 53.68 %	59,868,866	53.68 %	1 073 M ILa
Phoenix Provident Fund Ltd. 8.282 %	9,236,606	8.282 %	166 M ILa
MENORA MIVTACHIM HOLDINGS LTD. 7.071 %	7,886,482	7.071 %	141 M ILa
Clal Pension & Provident Funds Ltd. 5.536 %	6,174,342	5.536 %	111 M ILa
Migdal Mutual Funds Ltd. 2.226 %	2,482,939	2.226 %	44 M ILa

List of ASHTROM GROUP LTD. shareholders

Holdings: Ashtrom Group Ltd.

Name	Stocks	%	Valuation
ZEPHYRUS WING ENERGIES LTD 0.69%	487,800	0.69%	4 M $

Company details: Ashtrom Group Ltd.

Ashtrom Group Ltd.

Lyfe Towers Building A

51266, Bnei Braq

http://www.ashtrom.co.il

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