Egged

What Egged does

Egged is Israel's largest public transportation operator, founded in 1933 as a cooperative and now operating under controlling ownership by Keystone Infrastructure (Keystone Fund and Teachers' Funds hold ~78% of shares, with the remainder held by longtime members). The group runs 713 bus service routes with a fleet exceeding 4,300 vehicles, transporting roughly 320 million passengers over 290 million kilometers annually, and employs approximately 11,500 people in Israel and Europe. Egged's operations span urban and intercity bus service, accessible transportation for riders with disabilities, a reserved-seat intercity booking system, and a mobile app with payment via the national Rav Kav stored-value card.

The company's revenue model blends fare-regulated public transit (pricing set by the Ministry of Transportation and the National Public Transit Authority) with enterprise and consumer private transportation through the Egged Plus subsidiary, which serves corporate shuttles, school transport, tourism, and events. Through its Tevel Metro subsidiary, Egged operates the Red Line of the Tel Aviv light rail (24 km, 34 stations, 500-passenger trains at 3-6 minute frequency) since August 2023, with the Purple Line (expected 2028) and Green Line (2029-2030) secured under government tender. Adjacent subsidiaries include Egged Maintenance, Egged Europe (international bus operations), Egged Real Estate, Egged Golan (regional service), and Derech Egged.

Egged reported annual revenue of approximately NIS 5.6 billion and ranked first in Israel's 2024 Ministry of Transportation passenger satisfaction index, 15 points above the national average. The fleet is 21% electric, positioning the group at the leading edge of Israel's public transit decarbonization. Distribution is multi-modal: physical bus and rail infrastructure, a digital booking portal (reserved-seats.egged.co.il), and a mobile app with accessibility features. Customer segments span general consumers, enterprise clients (tech firms, banks, defense, government), and educational institutions, with light rail operations adding a long-duration government contract revenue layer.

Name

Egged

Legal name

אגד חברה לתחבורה בע"מ

Website

https://egged.co.il

Company type

Private

Founded year

1933

Operating status

Operating

Headcount range

251–500 employees

Short description

Egged is Israel's largest public transportation operator, running 713 bus routes and the Tel Aviv light rail Red Line, transporting 320 million passengers annually across its regulated and enterprise mobility subsidiaries.

Ownership category

akta.pro rank

Product category

Public Transportation Services

NAICS

Urban Transit Systems (4851), Charter Bus Industry (48551), Bus and Other Motor Vehicle Transit Systems (485113)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Fixed-Route Urban Bus Operators (Municipal/Regional) (TLAFAGAA)

akta.pro secondary industry

Intercity Commuter Bus Operators (TLAFAFAG)

Keywords

• Public bus services
• Intercity transportation
• Light rail operations
• Corporate shuttle services
• Accessible transit

Headquarters

HQ city

Bet Dagan

HQ country

Israel

HQ region

Middle East

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Public Transportation Services: Core public bus transportation services across Israel, operating 713 service routes with government contracts and public subsidies. Annual revenue cycle of approximately 5.6 billion shekels.
2. Private Transportation (Egged Plus): Private shuttle services for employees, students, trips, and events. Serves corporate clients including tech companies, banks, government bodies, defense industries, schools and youth movements. Also includes tourism services (domestic and international packages, incentive trips) and educational content programs.
3. Light Rail Operations (Tevel Metro): Operation and maintenance of the Tel Aviv light rail Red Line under government contract, with future lines (Purple Line expected 2028, Green Line 2029-2030).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Egged is Israel's largest public transportation operator, running a nationwide bus network of 4,300+ vehicles across 713 routes and transporting 320 million passengers annually. Through its Tevel Metro subsidiary, Egged also operates the Tel Aviv metropolitan light rail Red Line (launched August 2023). Its Egged Plus division provides private charter, corporate shuttle, school transport, tourism, and event transportation services to enterprise clients across Israel and through Egged Europe internationally.

Product overview

Egged is Israel's largest public transportation group, offering a comprehensive multi-modal transportation ecosystem. The core offering is Egged Public Transportation with bus services nationwide, supplemented by specialized subsidiaries: Egged Plus for charter and private transportation, Tevel Metro for light rail operations (Red Line launched 2023, with Purple and Green lines in development), Egged Maintenance for fleet services, Egged Real Estate for property management, Egged Europe for international operations, Egged Golan for regional services, and Derech Egged as another subsidiary. The group also provides digital services including a mobile app and seat reservation system. Annual revenue reaches approximately 5.6 billion shekels with 11,500 employees transporting 320 million passengers annually across Israel and Europe.

Differentiator

Problem solved

Functional benefit

Brands

• Egged Public Transportation (אגד תחבורה ציבורית): Core public bus transportation services across Israel
• Egged Plus / Egged Haseim (אגד פלוס)
• Tevel Metro (תבל מטרו)
• Egged Maintenance (אגד תחזוקה)
• Egged Europe (אגד אירופה)
• Egged Real Estate (אגד נדל"ן)
• Egged Golan (אגד גולן)
• Derech Egged (דרך אגד)

Products and services

• Egged Public Transportation Israel's largest public bus service providing urban and intercity transportation across the country with 713 service lines, 4,926 drivers, 3,100 vehicles, and approximately 200 million kilometers of annual travel. For the general public and commuters.
• Tevel Metro Light Rail (Red Line) Light rail operation of the Tel Aviv metropolitan Red Line, connecting Petah Tikva, Bnei Brak, Ramat Gan, Tel Aviv-Yafo and Bat Yam across 24 km and 34 stations. Purple Line expected 2028 and Green Line 2029-2030.
• Egged Plus Private Transportation Private charter and shuttle services with a fleet of 300 buses and 20 minibuses offering employee transportation, student transport, school trips, events, conferences, and domestic and international tourism (including Holocaust memorial trips). Serves enterprise clients including hi-tech companies, banks, defense industries, government bodies, schools, and hospitals through 5 branches nationwide.
• Reserved Seats Service Seat reservation service for intercity routes to destinations including Eilat, Be'er Sheva, Tel Aviv, and Jerusalem via reserved-seats.egged.co.il. Accessible seat booking is available for wheelchair users.
• Egged Europe International Operations International transportation services division providing bus operations in European markets.
• Egged Golan Regional Services Regional transportation services operating in the Golan Heights area of northern Israel.

Quantifiable outcome

• First place in Israel passenger satisfaction index 2024 - 15 points above national average
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Israeli Government (Ministry of Transportation)coreStrategic or Co-development PartnerEgged won government tenders to operate and maintain the Tel Aviv light rail network, including the Red Line (operational since August 2023), Purple Line, and Green Line. Partnership includes government contracts for public transportation operations.
• National Public Transit AuthoritycoreStrategic or Co-development PartnerCollaboration on accessible transportation pilot program for intercity buses with wheelchair accessibility, including development and testing of accessible intercity bus routes.
• IATA (International Air Transport Association)minorGTM or Marketing PartnerEgged Plus is a member of IATA and the Travel Agents Association, enabling international tourism services and providing access to global travel booking networks.
• Gal-Ad ToursminorStrategic or Co-development PartnerSubsidiary company for Poland tours - full production for Holocaust memorial trips in collaboration with Gal-Ad subsidiary.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Keolis: International public transit operator running buses, trams, and metros under government concessions globally, with a comparable model of tendered operations, regulated fares, and multi-modal integration.
• Connex (Transdev): Global public transportation operator (parent Transdev) running contracted bus, light rail, and metro services worldwide, comparable to Egged in business model, concession bidding, and multi-modal operations.
• FirstGroup: UK-based public transport operator with bus and rail services under franchise/concession contracts, operating at similar scale to Egged with comparable exposure to government-set fares and tender cycles.
• National Express Group: International bus and coach operator running scheduled, charter, and school services under government contracts in the UK, Europe, and North America, overlapping with Egged Plus and Egged's reserved-seat intercity model.
• Arriva: Major European passenger transport operator running contracted bus and rail services under government franchises, comparable to Egged's concession-based bus and emerging light-rail business model.
• ComfortDelGro: Singapore-listed multinational land transport group operating buses, taxis, and rail across multiple countries, comparable in multi-modal public transit operations and B2B/corporate shuttle exposure.

Direct peers

• Dan Bus Company: Israel's second-largest urban and inter-city bus operator competing directly with Egged across the Tel Aviv metropolitan area and surrounding regions, with comparable fleet, route structure, and government-contract model.
• Superbus: Israeli inter-city and chartered bus operator offering scheduled and private transportation services that overlap with Egged's reserved-seat intercity routes and Egged Plus charter offerings.
• Metropoline: Israeli bus operator running urban and inter-city public transit routes under government tenders, directly competing with Egged in overlapping Israeli service areas using a similar regulated-fare, subsidy-supported business model.
• Kavim: Israeli public bus operator providing urban and inter-city services across central Israel, competing with Egged on shared routes under the same Ministry of Transportation concession framework.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/egged_israel
• YouTubeyoutube.com/channel/UCYWF_CuOaa3Dla1eHPWnVtQ
• Facebookfacebook.com/eggedfriend
• Instagraminstagram.com/egged_il/?igsh=b3JhemVkMmdvMWw0
• TikToktiktok.com/@egged_tiktok?lang=he-IL
• LinkedInlinkedin.com/company/egged

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egged