Ashtrom Group

Meet the Ashtrom Group, a leading construction and real estate company in Israel since 1963. With decades of experience, professionalism, financial stability, and a commitment to high-quality standards, Ashtrom Group has been building successes for many years. The Group comprises 8 divisions that work in synergy to initiate, create, and operate projects integral to the daily lives of millions of people in Israel and worldwide. Every project by Ashtrom Group is undertaken with a strong sense of responsibility, meticulous attention to detail, and a commitment to employee safety.
For over six decades, Ashtrom Group has achieved remarkable milestones and created growth opportunities for thousands of entrepreneurs, tenants, suppliers, investors, and partners. Today, the company is listed on the TA-90 Index on the Tel Aviv Stock Exchange.
Ashtrom Group was founded in 1963, with five founders who had a shared vision and a single goal – leading the construction and real estate industry in the newly founded country. The story of the Ashtrom Group is the story of the State of Israel.

The Whole is Greater Than the Sum of its Parts

Ashtrom Group leads through 8 divisions that work together in optimal synergy, both in Israel and internationally: construction and infrastructure, residential development, rental housing development and operation, income-generating properties development and operation, construction industries, renewable energy, concessions, and international activities. Since its establishment, Ashtrom Group has built approximately 120, 000 residential units and 3,500,000 sqm of commercial spaces, offices, hotels, public buildings, industrial areas, as well as large-scale national and international infrastructure projects.

Ashtrom Construction operates through 7 subsidiaries specializing in engineering, construction, infrastructure, underground and foundation works, and industrialized construction. Each subsidiary brings its unique expertise, collectively providing a comprehensive solution from start to finish. With a commitment to high construction standards, meticulous attention to details, environmental responsibility, control of the production chain, and strict adherence to safety procedures, Ashtrom Construction ensures excellence in every project. The company’s skilled staff is dedicated to delivering customer satisfaction, considering it the primary measure of success.
Through its subsidiaries - Ashtrom Engineering and Construction, Ashtrom Jerusalem, and Ashtrom Construction North, the company undertakes a diverse range of projects nationwide. These encompass residential neighborhoods, office buildings, luxury towers, hotels, as well as commercial, industrial and security complexes. As a pioneer in industrialized construction in Israel, Ashtrom Construction manufactures prefabricated elements for residential buildings, offices, and infrastructure in its Ashcrete plants located in Ashdod. These elements are also utilized by its subsidiary M.L.T to construct public buildings and educational institutions throughout the country. Ashtrom Construction also specializes in intricate underground projects. Through Base Pile activities, the company performs underground foundation works.
Notable Projects: Kikar HaMdina Towers Tel Aviv, LYFE Towers in Bnei Brak, Da Vinci project in Tel Aviv, EXCHANGE Tower in Ramat Gan, Bait BaPark neighbourhood Or Yehuda, High Tower Givatayim, Alon Towers in Tel Aviv, Saidoff Tower Jerusalem, The Golf complex in Tel-Aviv, Beresheet Hotel in Mitzpe Ramon, Orient Hotel in Jerusalem.

In the infrastructure sector, Ashtrom Group undertakes mega projects in land, air, and sea transportation. These projects are often facilitated by its subsidiary company, Drachim, and primarily serve the public sector. This includes organizations such as National Transport Infrastructure Company, Israel Ports Company, Israel Airport Authority, Israeli Railways, municipalities and B.O.T Projects.
Notable Projects: The Fast Lanes in Glilot Junction, the Carmel Tunnels, Haifa New Port, Nahal Hadera Bridge, Eitan Port and the Marina in Ashdod, the runways and parking areas at the Ramon and Ben Gurion airports, Route 79, the train route in Netivot Goral, Timorim logistic center, Data Center in Petah Tikva.

Ashtrom Residences is a leading force in the development of high-quality residential communities across Israel. The company oversees the planning, initiation, and sale of thousands of housing units, directly shaping the lives of tens of thousands of families. Through a strong focus on Urban Renewal, Ashtrom Residences is actively transforming the urban landscape. What sets the company apart is its unwavering commitment to customer needs, environmental responsibility, and attention to every detail—from initial planning to handing over the keys. Backed by over 50 years of experience, financial strength, and stability, Ashtrom Residences is currently managing around 120 residential projects in high-demand locations throughout the country.
Notable Projects: Tagor Ramat Aviv, Taraad Ramat Gan, Galei Netanya, Hashaked Kiryat Uno, Einstein Ramat Aviv, Maccabi Jaffa project ,Trio project in Haifa, Hahotrim Tirat Hacarmel, Agamim Netanya, A-NEOT AFEKA Tel Aviv, HaHatzmaut Hertzeliya, 36 Remez st, Tel Aviv, 24 Borochov St. Raanana, Recanati Residences Tel Aviv.

Ashtrom Properties specializes in initiating, purchasing, and managing income-generating properties across three main categories: office buildings, retail and trade complexes, and industrial and logistics facilities. With income-generating properties totaling over 700,000 sqm, the company offers management and maintenance services of the highest standards while maximizing the potential of its properties located in Israel, Germany, and England.
Ashtrom Properties places a high priority on the tenant experience, aiming to create comfortable, pleasant, and innovative work environments that foster productivity and personal development. Moreover, the company introduced Ashtrom Port, which offers managed offices for growing companies, providing tenants with a distinctive working experience tailored to their evolving needs.
Notable Projects: OLIO Bat Yam, The Capital Jerusalem, RISHO in HaElef Complex in Rishon Le Tzion, LYFE Complex in Bnei Brak, Hutzot Hamifratz Outlet, HaYetzira complex in Ramat Gan, Hi-Tech Park in Hod Hasharon, the government complex in Beer-Sheva.

Ashtrom Residences for Rent
introduces an innovative and groundbreaking residential model in Israel: long-term rental of up to 10 years. With approximately 2,500 strategically located housing units throughout the country, the company is reshaping the local housing market by offering a mortgage-free option, allowing tenants to realize their dream of a home with peace, stability, and security over an extended period. Prioritizing high-level maintenance services, Ashtrom Residences for Rent focuses on fostering a vibrant community life that provides real added value
and enables residents to enjoy shared events and holidays, activities for children, lectures, and academic programs. Facilities designated for their use include a gym, a residents’ club, and a children’s playground.
Notable Projects: Kiryat HaYovel in Jerusalem, HaGadna Tel Aviv, HaMashtela Tel Aviv, Neot Peres in Haifa, Neve Ayalon Or Yehuda.

Ashtrom Industries
develops and manufactures high-quality, innovative construction solutions and raw materials for all stages of building and infrastructure.
Ashtrom Industries has eight subsidiaries, each a leader in its field, as well as 14 factories and quarries spread across a wide geographic area, and an innovative development department that identifies market needs and trends. The company offers solutions certified by the Standards Institution of Israel, including concrete and mortar mixes, asphalt, various types of blocks, finishing and paint products, waterproofing and insulation systems, and home design solutions.
Ashtrom Industries stands at the forefront of technological innovation in the development and production of advanced raw materials for the construction industry, through its following subsidiaries:
Israbeton - A prominent company specializing in concrete production and delivery, utilizing a fleet of mixers and concrete plants nationwide.
Sorek Quarry - Supplies a diverse range of quarry materials for concrete mixtures, as well as for construction and paving infrastructure.
Ashkalit 268 - Offers a white block designed for green construction, notable for its low specific gravity and excellent thermal and acoustic insulation properties.
Ashbond - Produces and sells gypsum blocks made from natural raw materials for advanced construction.
BG BOND - A leading company in the development, production, and marketing of advanced finishing solutions for the construction industry, including adhesives, plasters, various types of cement, waterproofing materials, and industrial additives. In addition, under the SIMPLY brand, the company produces a line of innovative paint products.
Nitzavim - Involved in the production, marketing, and sale of raw materials for the construction industry.
Itumit - Provides innovative, tailor-made waterproofing and insulation solutions for residential buildings, office towers, public structures, and infrastructure projects—both during construction and post-completion.
Zahavi-Atzmon imports and markets marble, granite, and parquet products for home decoration, along with a range of high-quality sanitary products.
Ashtrom Renewable Energy embodies the vision of the Ashtrom Group, recognizing the energy sector as a major growth driver in the coming years. The company invests in renewable energy projects at various stages of development across the USA, and Israel, focusing primarily on solar panels. In addition to electricity production, the company plans to expand its activities and create income-generating assets in energy storage, energy trading, as well as the local and regional management of electricity supply.
Ashtrom International specializes in the initiation, planning, construction, and management of various projects worldwide. The company’s activities focus on three main areas: Complex construction and infrastructure projects, residential development primarily in Europe and the USA, and the construction, development, and management of income-generating assets in Eastern Europe. Ashtrom International builds residential neighborhoods, office towers, hotels, hospitals, educational institutions, bridges, roads, airports, and sewage and water systems. By utilizing local manpower and resources, the company becomes an integral part of the local community.
Ashtrom Concessions- Specializes in the planning, development, financing, and long-term operation of complex projects through close collaboration between the private sector, the public sector, and financing entities (PPP). The company is involved in every stage of the project, from tendering to planning, construction, delivery, and operation. Its focus areas include transportation, public and government buildings, as well as educational institutions.
Notable projects: The Jerusalem Light Rail project, the Carmel Tunnels in Haifa, 5 courthouses across the country, and the student dormitory complex at Ben Gurion University.