Oron Groupקבוצת אורון

Head office: 6 Yehuda Hanachtom, Be’er Sheva 8424902 Tel: +972-86295000 www.oron-group.co.il



A publicly traded Israeli company active in the fields of civil engineering, infrastructure, real estate and quarrying.

The company owns and operates Meitarim Quarry, a quarry near the settlement of Tene Omarim in the occupied West Bank. The company has two authorization contracts for quarrying for a total land area of 374 dunams, which were valid until 31.12.2015 and have yet to be renewed. Its quarrying license, which is renewed annually, is valid until 31.12.2020. Meitarim’s annual quarrying rate is 1.9 million tonnes, with maximum production capacity of 4 million tonnes. The company also operates a concrete plant and an asphalt plant near the quarry.

The company built a commercial project in the settlement of Ma’ale Adumim in the West Bank for an estimated 43,000,000 NIS. The project, developed by Carasso Real Estate, was completed in 2017.

The company is marketing 64 plots in the settlement of Eshkolot in the West Bank, 40 of which are villas and 24 of which are self-build. The company’s effective stake in the project is 80%.

In 2020, Gili and Yoel Azaria, a wholly owned subsidiary of the group, won a tender to carry out tunneling, bridge construction and paving works in the southern section of Highway 60 (Tunnels Highway) in occupied East Jerusalem, for an estimated 273 million NIS. Highway 60 passes directly under the Palestinian town of Beit Jala and provides access to Jerusalem without coming in view of surrounding Palestinian villages and neighborhoods. According to Moriah Jerusalem Development Corporation, the expansion of Highway 60 will improve connectivity for settlements to the south of Jerusalem and facilitate the lifting of restrictions on new housing units in surrounding cities, including Beitar Illit settlement.

In 2019, Pamco Engineering, a partially owned (54%) subsidiary of the company, won a tender to carry out exploration drilling for the northern section of the American Road in East Jerusalem. The American Road is part of the eastern ring road, which connects the northern and southern parts of East Jerusalem. The project benefits Israeli settlers while cutting off Palestinian neighborhoods from one another.



Ownership

The company is publicly traded on the Tel Aviv Stock Exchange (TASE: ORON). Gil and Yoel Azaria each hold a 37% stake in the company. Additional shareholders include Reading Capital (7.38%), The Phoenix Holdings (6.47%) and Excellence Investments (0.04%).

Director and CEO: Gil Azaria

Chairman: Yoel Azaria


Subsidiaries

Gili and Yoel Azaria (100%), Hamegurim (B.R) (100%), Oron Industries 18 (100%), Oron Real Estate (80%), Shura (67%), Pamco Engineering (54%), Hametoeset (50.1%)


Partners

Clients include Israel Railways, Israel Electric Corporation, the Israeli Ministry of Defense, Shufersal, SodaStream and local authorities.

All the information contained in this page is valid until Mon 23/11/2020