Electra
- Company typePublic
- Founded1945
- HeadquartersRamat Gan, Israel
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Electra firmographics
Firmographics- Name
- Electra
- Legal name
- Electra Ltd. (אלקטרה בע"מ)
- Website
- https://electra.co.il
- Company type
- Public
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Electra industry classification
Industry- Product category
- Construction & Infrastructure Services
- SIC
- Operative Builders (1531), Services-Management Services (8741)
- akta.pro primary industry
- Design-Build / EPC General Contracting (IMAFAAAD)
- akta.pro secondary industry
- Residential General Contracting (New Build) (IMAFAAAB)
Keywords
Where Electra is headquartered
LocationHeadquarters
- HQ city
- Ramat Gan
- HQ country
- Israel
- HQ region
- Middle East
Offices14 records
Markets served
Electra business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Construction and Contracting: Primary contractor services for construction, infrastructure, and electromechanical installation across public and private sectors in Israel and internationally. Revenue is project-based, one-time, and typically procured through competitive tenders or direct developer contracts. Major projects include towers, stadiums, hospitals, transit stations, and industrial facilities.
- Operation & Maintenance (Facility Management): Long-term facility management, operation, and maintenance contracts for complex electromechanical systems in residential, commercial, and industrial complexes. Generates recurring service revenue with contracted clients. Includes FM, field service, M&E service, elevator maintenance, security, and smart building management.
- Public Transportation Operations (Electra Afikim): Electra Afikim operates ~1,400 buses across ~450 public transport lines, transporting 80 million passengers annually (passenger-kilometers). Revenue derived from government concession contracts and public transport fares. Includes urban, inter-city, and institutional transportation services.
- Real Estate Development: Initiating, developing, and marketing residential and commercial real estate projects in Israel and emerging European markets. Electra Investments selects partners, plans, builds, and markets properties to realize full asset potential.
- Concessions and PPP/BOT Projects: Financing, planning, construction, and operation of projects under Build-Own-Operate (BOO), Build-Operate-Transfer (BOT), Public-Private Partnership (PPP), and Turnkey frameworks. Generates long-term revenue through service agreements over concession periods (e.g., 20-year license for pumped storage, 21-year BOT for the Palace of Justice Tel Aviv).
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Electra product offering
Product offeringCore offering
Electra Group is a diversified construction and infrastructure conglomerate that implements a unique lifecycle concept, providing integrated solutions across all stages of building, infrastructure, and electromechanical system projects — from initiation and construction through operation, maintenance, and long-term service. The group operates through more than 35 subsidiaries covering construction contracting, civil engineering, electromechanical installations, elevator systems, facility management, public transportation (Electra Afikim, ~1,400 buses), concessions (BOT/PPP), and real estate development, executing mega-projects for government and enterprise clients in Israel and internationally.
Product overview
Electra Group is a diversified Israeli construction and infrastructure conglomerate operating across four business divisions — Contracting, Operation & Maintenance, Real Estate Development, and Concessions — with over 70 years of history and operations spanning 17 countries on four continents. Its product portfolio is organized through multiple subsidiaries and sub-brands that provide integrated lifecycle services from initiation through construction to ongoing operation. The core contracting division includes Electra Civil (civil engineering, infrastructure, and environment) and Electra Building (general construction combining Electra Construction, Electra Danko, Electra M&E, Electra Elevators, Electra Elco, Electra Megason, and Electra Technologies). The Operation & Maintenance division encompasses Electra FM, Electra Field Service, Electra M&E Service, Electra Security, and Electra Parking Solutions. The Concessions division manages BOT/PPP projects through Electra Concessions, while real estate development is conducted under Electra Residents. Key specialized subsidiaries include F.K. Electra Generators (backup power), Electra GreenTech (wastewater treatment), Electra Infrastructure Environment (waste management), Electra Renewable Energy, Electra Afikim (public transportation with ~1,400 buses), Electra Taamal (accessibility lifts), and Electra The Green Line (light rail). International operations are conducted through Electra M&E Polska, Electra M&E Romania, Electra Westminster UK, and ETCO Nigeria. The group is listed on the Tel Aviv Stock Exchange (TA-35) and was founded in 1945.
Differentiator
Problem solved
Functional benefit
Products and services
- Electra Civil — Civil Engineering, Infrastructure & Environment Contracting Civil engineering, infrastructure, and environmental contracting services for complex engineering projects including tunneling, bridges, road paving, railway infrastructure, and mega-projects as main contractor and EPC. Delivered to government ministries, municipalities, and institutional clients in Israel and internationally. Combines Electra Infrastructure, Electra TerArma, Electra The Green Line, Electra Environment, Electra GreenTech, and Electra Infrastructure Environment under one division.
- Electra Building — General Construction Contracting Integrated construction contracting services for luxury residential towers, office campuses, tech campuses, medical and academic institutions, and sports facilities. Provides planning, construction, and finishing solutions under one roof, leveraging synergies across Electra Construction, Electra Danko, Electra M&E, Electra Elevators, Electra Elco, and Electra Megason. Targets real estate developers and institutional clients.
- Electra M&E — Electromechanical Systems Design, Installation & Maintenance
- Electra Elevators — Vertical Transportation Systems Supply, installation, and service of elevators, escalators, and vertical transportation solutions including high-speed elevators (up to 8 m/s with dual-car systems), panoramic elevators, cargo elevators, and the OEO emergency evacuation control system. Provides traffic flow analysis for optimal elevator configuration in high-rise buildings. Served by Electra Elevators Service subsidiary.
- Electra Afikim — Public Bus Transportation Operations
- Electra FM — Facility Management & Maintenance Services
- Electra Concessions — BOT/PPP/BOO Project Development & Financing
- Electra Real Estate Development — Residential & Commercial Property Development
- Electra GreenTech — Wastewater Treatment Plant Operations
- Electra Infrastructure Environment — Waste Management & Pneumatic Collection
- Electra Parking Solutions — Automated Parking Systems
- Electra Technologies — Smart Building & Security Systems
- Electra Security — Security & Access Control Solutions
- F.K. Electra Generators — Power Generation & Backup Equipment
- Electra Renewable Energy — Renewable Energy Solutions
- Electra Construction — General Contracting for Residential & Commercial Buildings
- Electra Infrastructure — Infrastructure Construction & EPC
- Electra Danko — Finishing Works & Advanced Construction
- Electra Taamal — Vertical Transportation Accessibility Solutions
- Electra The Green Line — Tel Aviv Light Rail PPP Project
- Electra USA — US Electromechanical Contracting (incl. Gilston Electric, Hellman Electric, PJ Mechanical, F.W. Sims)
- ETCO Nigeria — Nigerian Electromechanical Contracting
Quantifiable outcome
- Can add 300 MW to the national electricity grid within 90 seconds (pumped storage rapid response)
- +4 more outcomes
Companies that use Electra
Customer profileNamed customers26 records
Segments5 records
Ideal customer profiles4 records
Electra technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
Electra partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Egged TransportationcoreElectra acquired Egged Transportation in summer 2021, establishing Electra Afikim as the largest private bus operator in Israel with ~1,400 buses and 80 million passenger-km annually. Egged Transportation acquisition alongside Amanon Maslulot and Afikim.
- Amanon MaslulotminorAmanon Maslulot, a private and institutional transportation company based in Nahariya founded in the 1960s, was acquired by Electra Group in late 2020 as part of the formation of Electra Afikim.
- Ashtrom GroupminorAshtrom Group and Electra Civil collaborate on civil engineering projects. Ashtrom has been mentioned alongside Electra Civil on projects such as the Kiryat Shmona PPP residential project.
- Ofer Brothers / Zim GroupminorElectra holds stakes in Zim and Ofer Brothers through its investment arm. Historical association through Zim and Ofer Brothers investments.
- Otis Worldwide (via Electra Elevators)coreElectra Elevators maintains a close partnership with global elevator manufacturer Otis Worldwide for the supply and installation of elevator systems on major Israeli projects including the Azrieli Spiral Tower (47 elevators planned).
- Elbit Systems (Defensive Systems)minorElectra has partnerships with Elbit Systems and other defense contractors for specialized security and defense-related construction and systems integration projects, particularly at secured facilities.
- Solel BonehcoreSolel Boneh Infrastructure is a key joint venture partner in the Gilboa Pumped Storage project alongside Electra Construction and Electra Energy, contributing to a project with ~2 billion ILS total investment.
- Amman (Africa Israel / Yad Vashem Museum)minorAmman construction company partnered with Electra on museum and cultural institution projects including Yad Vashem HVAC upgrade.
Scale indicators14 records
Recent moves7 records
Expansion highlights6 records
Electra competitors and assessment
Company assessmentBroad incumbents
- Vinci SA: Global concessions-and-construction leader with extensive PPP/BOT operations and elevator/M&E services. Comparable to Electra's lifecycle (concessions + construction) model and to its elevator, parking, and facility-management subsidiaries, but at much larger scale.
- HOCHTIEF: German-headquartered global construction, infrastructure, and concessions group (Turner subsidiary in the US). Comparable in PPP/BOT delivery, complex mega-project execution, and international M&E contracting.
- Quanta Services: US infrastructure services leader in electric, pipeline, and renewable energy construction. Comparable to Electra's electromechanical infrastructure, energy (Gilboa pumped storage), and US M&E subsidiaries (Gilston, Hellman Electric).
- Bouygues Construction: Diversified international construction group with strong PPP/concessions capability and energy services. Comparable to Electra's combined contracting, infrastructure, and concessions business across multiple geographies.
Direct peers
- Minrav Holdings: Israeli construction and real estate developer active in residential and commercial projects. Comparable as a mid-cap Israeli contractor-developer competing for the same private developer pipeline.
- Ashtrom Group: Major Israeli construction, infrastructure, and real estate conglomerate. Direct peer on residential towers, PPP projects (including joint work with Electra on Kiryat Shmona), and large-scale civil works; both compete in the same public-tender market.
- Shikun & Binui: Israel's largest publicly listed construction and infrastructure group. Direct competitor in Israeli public infrastructure tenders, PPP/BOT projects (road, rail, water), and real estate development, with similar government-customer concentration.
- Tahal Group: Israeli water, wastewater, and agricultural infrastructure group with global operations. Comparable to Electra Greentech in water-treatment plant operations and to Electra Infrastructure Environment in environmental PPP work.
- Danya Cebus: Publicly traded Israeli general contractor focused on residential, commercial, and public-sector construction. Comparable in scale of Israeli building projects, customer base (developers and government), and contracting model.
Regional players
- Egged Holdings: Israel's largest historical public bus cooperative and the entity from which Electra acquired Egged Taavura. Comparable to Electra Afikim in operating bus concessions, route networks, and government-concession economics within the Israeli market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Electra social profiles
Digital presenceElectra compliance and trust
Trust signalCompliance1 record
Electra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Electra leadership team
Management profileNumber of profiles
Profiles11 records
Electra subsidiaries and ownership
Company hierarchySubsidiaries41 records
Electra funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Electra M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Electra
What does Electra do?
Electra Group is a diversified construction and infrastructure conglomerate that implements a unique lifecycle concept, providing integrated solutions across all stages of building, infrastructure, and electromechanical system projects — from initiation and construction through operation, maintenance, and long-term service. The group operates through more than 35 subsidiaries covering construction contracting, civil engineering, electromechanical installations, elevator systems, facility management, public transportation (Electra Afikim, ~1,400 buses), concessions (BOT/PPP), and real estate development, executing mega-projects for government and enterprise clients in Israel and internationally.
Is Electra a public or private company?
Electra is a public company. It is classified as public and is currently operating.
When was Electra founded?
Electra was founded in 1945. It employs 5,001 to 10,000 people.
Where is Electra based?
Electra is headquartered in Ramat Gan, Israel, in the Middle East region.
How does Electra make money?
Five revenue lines are on record. Construction and Contracting is the primary driver. The others are operation & Maintenance (Facility Management), public Transportation Operations (Electra Afikim), real Estate Development and concessions and PPP/BOT Projects.
Who are Electra's main competitors?
Broad incumbents on record are Vinci SA, HOCHTIEF, Quanta Services and Bouygues Construction. Direct peers are Minrav Holdings, Ashtrom Group, Shikun & Binui, Tahal Group and Danya Cebus. Egged Holdings is listed as a regional player.
Does Electra have an API?
No public API is recorded for Electra.
What industry is Electra in?
Electra's product category is Construction & Infrastructure Services. Its primary akta.pro industry code is IMAFAAAD, Design-Build / EPC General Contracting, with a secondary code of IMAFAAAB, Residential General Contracting (New Build). Its SIC code is 1531.