Egged Group אגד חברה לתחבורה בע"מ

Head office: ParkTech, 5 Sderot Menachem Begin, Beit Dagan, P.O.B 150, 5020000 Israel Tel.: +972 3-9142000 www.egged.co.il



Egged Group (formerly Egged Israel Transport Cooperative Society) is a private Israeli transportation and tourism service provider, operating public transit services in Europe. The company is also active in the provision of maintenance, distribution and production services for the bus industry.

Services to settlements

The company offers a public transportation service ordered by request to Armon HaNatziv and Gilo settlement neighborhoods in East Jerusalem connecting them to the western part of the city.

In March 2022, the company’s fully owned subsidiary Egged Heseim, won a tender to provide transportation services to Ariel University, located in the settlement of Ariel in the occupied West Bank.

Tourism in Occupied Land

The company’s fully owned subsidiary Egged Tours operates as a wholesale company for organized tours. The company offers organized tours and accommodation in occupied East Jerusalem (including the Old city and the City of David), the West Bank and the Syrian Golan.

In addition, the company offers on its website search engine holiday packages in “Judea and Samaria”, the Hebrew acronym referring to the occupied West Bank, and the Syrian Golan under the title of recommended travel destinations in Israel.

Services to Israeli Prison Service (IPS)

The company provides public transportation services to IPS prison guards. In July 2022, the company was contracted with an exemption from tender, to be the sole provider of public transportation services for a period of 6 months for NIS 3,263,000; in 2021, the company was contracted for a period of one year for NIS 20,000; in 2020, for one year for NIS 7,200,000.

The company operates public transportation service in Poland and the Netherlands through its subsidiaries Mobilis (Poland) and EBS (Netherlands).

The company operates 300 buses in Poland (Warsaw, Wroclaw and Krakow) through its subsidiary Mobilis, and about 400 buses in the Netherlands through its subsidiary EBS. The company’s fully owned subsidiary Egged Europe has 2,000 employees in Europe.

In June 2022, the company’s subsidiary EBD won a tender of the Public Transport Authority of the Amsterdam area in the Netherlands, to operate 220 electric buses for a period of 15 years, with a total revenue of about NIS 4.2 billion.



Ownership

In May 31, 2022, Egged shareholders approved the sale of 60% of the company’s shares to the Keystone Fund, which will acquire 60% of Egged’s shares. Other shares of the company are held by Egged shareholders.

Company CEO Avi Friedman holds 1 share.


Subsidiaries

Egged Tours, Egged Heseim Ltd., Egged Holding Ltd., Egged Europe Ltd., Tevel Metro Ltd. (51%).


Partners

The company operates public transportation service in Poland and the Netherlands through its subsidiaries Mobilis (Poland) and EBS (Netherlands).

Company partners include: MAN Group, Mercedes, Zhongtong Bus, BYD, Golden Dragon, Higer Bus, China Civil Engineering Construction Corporation Ltd., Pandan Advanced Transportation, Shlomo Group, Auto Chen.

Company clients include: Elbit Systems, Israel Aerospace Industries, Bezeq, Hapoalim Bank.

All the information contained in this page is valid until Sun 26/06/2022