A public transportation operator.
Until 2017, the parent company operated bus lines to Israeli settlements in the occupied West bank and Jerusalem. The bus lines were armored vehicles, that according to the company allowed them to pass through “Arab populated areas”. Since then, the operation of bus lines to settlements was transferred to the company’s subsidiary Egged Taavura. Egged Taavura operates bus lines to settlements in the West Bank, in the areas of Gush Etzion, Giva’at Ze’ev, Binyamin, Mount Hebron and Kiryat Arba, including settlements in the Jordan Valley, and the settlements of Shiloh, Otniel and Ma’ale Adumim.
The company’s subsidiary, Egged Heseim, Tours and Recreation, provides tours and travel packages to the Old City of Jerusalem and the City of David settler complex, located in the Palestinian neighborhood of Silwan in occupied East Jerusalem. The company also organizes tours to Bethlehem, Jericho and the occupied Syrian Golan,
In 2018, the company’s branch in Ashdod organized a donation campaign for the Israeli army in the area surrounding the besieged Gaza.
In November 2014, 27 Palestinian bus drivers at Egged quit their jobs and dozens more went on strike for fear of being attacked by Israeli settlers as tensions increased in Jerusalem during that period. This act came after driver Yusuf Hassan al-Ramouni was found hanged in an Egged bus in Jerusalem.
Presently, the company uses vehicles manufactured by Mercedes and Volvo.
The company is currently running for the tender to operate the new light rail line in Jerusalem, which will connect more settlements. The company was initially disqualified for fear of creating a monopoly (as it also operates buses in Jerusalem), but in March 2019 the general director of the Israeli antitrust authority ruled that it can, provided it commits to dropping some of its bus lines if selected.
Egged is a cooperative owned by its employees. In May 2019, the company announced the start of its privatization process, where half of its shares will be sold to external investors.
Egged fully owns Egged Taavura Ltd, Egged Heseim, Tours and Recreation and Egged Holdings. Egged Holdings owns the Polish company Mobilis which operates bus lines in Warsaw and Krakow, and the Dutch company EBS, which operates bus lines in Amsterdam and its surrounding area. The company won two tenders to operate public transportation in Rotterdam and Hague. In addition, it owns 51% of Tevel Metro Ltd, which operates the Red Line of the light rail in Tel Aviv.
Company clients include: Elbit Systems, Ayalon Insurance Company, Haargaz, Merkavim, Rafael, Bezeq, Jewish National Fund and Hapoalim Bank.
Egged Taavura has several contracts with COGAT/Israeli Civil Administration.
All the information contained in this page is valid until Wed 08/05/2019