Electra Ltd.

Comprehensive Solutions in the Fields of Construction and Infrastructure Contracting, Electromechanical Contracting, Facilities Management, Real Estate Development and Concessions

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Company's Profile

Established: 1945
Line of Business: Comprehensive Solutions in the Fields of Construction and Infrastructure Contracting, Electromechanical Contracting, Facilities Management, Real Estate Development and Concessions
Address: 7 Jabotinsky St., Aviv Towers, Ramat Gan 5252007
Phone: 972-3-7535666
Fax: 972-3-7535601
Email: electra@electra.co.il
Website: http://www.electra.co.il
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Company Executives

Leading Executives

    Isaac Nissim CFO
    Moshe Litwak V.P., Commercial & Business Development
    Eyal Tuchman V.P., Operations & Control
    Motti Fireman V.P., Human Resources & Administration
    Ronit Barzilay V.P., Legal Counsel
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About Electra Ltd.

Electra Ltd., a subsidiary of Elco Ltd., was founded in 1945. It is traded on the TASE and included in the TA-125 Index, and specializes in four core fields: construction, infrastructure, and electromechanical contracting; management and operation of industrial, infrastructural, commercial, and real estate projects and facilities; initiation and development of real estate projects; and concessions relating to infrastructure and national projects. Turnover: Approx. US$1.7 billion. Backlog: Approx. US$3.1 billion. Employees: 10,000.

Global Perspective, Worldwide Presence

Electra’s constant growth and diversification on the international stage are driven by its dedicated lifecycle approach – a unique business model that encompasses every stage of the construction and development process. In 2019, the Group took a major strategic step forward by announcing the acquisition of two well-established New York companies by its new subsidiary Electra USA. Electra USA already has a significant work backlog, with projects for both companies worth hundreds of millions of dollars, ideally positioning the Electra Group at the forefront of a major electromechanical contracting market that represents massive potential.

Total Service Synergy

Electra manages thousands of large-scale turnkey construction and infrastructure projects from concept to completion, including M&E system installation, as well as long-term management and operational services. By harnessing the strategic synergy between its comprehensive, complementary areas of activity, the Group is able to deliver an optimal service portfolio customized to each customer’s precise needs, with complete quality control, budgetary, and scheduling oversight.

Spearheading an Evolving Industry

As traditional construction enters a groundbreaking new era, Electra reliably rises to the challenge and thrives in competitive markets thanks to its unique activity matrix, alongside the Group’s firm commitment to continual reinvention. Building on extensive M&A experience, coupled with a creative, outside-the-box perspective, Electra pushes the boundaries of innovation by investing in promising new sectors, such as smart technology. This bold approach has defined Electra’s industry-leading position for over 70 years.

Contracting, Construction, Infrastructure, Energy & Electromechanical Systems – Trusted Expertise from A to Z

Electra Construction – One of the largest and most advanced construction companies, which incorporates a longstanding engineering tradition, meticulous planning, and intelligent, creative project execution. The company’s uncompromising service, quality, and safety standards are central to its success, attracting major customers, in addition to its strict adherence to design, performance standards, and scheduling. Its financial strength, coupled with the Electra Group’s varied capabilities, enables the company to supply all-inclusive solutions within the defined timeframe while maintaining unmatched quality.

Electra Danko – Undertakes complex finishing work in all sectors, including steelwork and engineering, the integration of electromechanical and low-voltage systems, and more. It specializes in the import and installation of prefabricated elements, including all types of floating floors and anechoic chambers.

Electra Infrastructure – One of Israel’s leading civil engineering and contracting companies, specializing in varied large-scale infrastructure projects throughout the country. The company is active in five core sectors: roads and infrastructure, bridges, tunneling, pipe jacking, and construction, and is the local representative of the German company Max Bögl, having worked with its subsidiary Wuwa Bau on pipe jacking projects.

Electra Elco C&S – The largest electrical works contractor company in Israel: high, medium, and low voltage, construction of power stations, substations, and energy centers, including installation of transformers, switchboards, busbars, lighting systems and UPS, as well as energy-saving ESCO projects, PV solar power systems, the construction of pumped storage power stations, and state-of-the-art turnkey medical projects. Electra Elco C&S is one of Israel’s main suppliers of Pressure Regulating & Metering Systems, including infrastructure work, and has 25-year concessions for natural gas distribution. Its mechanical division is responsible for planning and performing mechanical works, pipes and pumps, valves, and installing industrial equipment, as well as constructing wastewater treatment plants, water purification facilities, water filtration facilities, and pumping stations.

Electra M&E Electromechanical Systems – Israel’s leading HVAC, electricity, and plumbing company, offering the management, integration, servicing, maintenance, and supply of unique energy solutions via a nationwide branch system, with dedicated divisions for luxury residences and advanced VRF systems, energy solutions, and facility upgrading. The company specializes in industrial projects, particularly in the pharmaceutical, biotechnology, microelectronics, and cooling fields, as well as turnkey projects such as constructing clean rooms and specialized systems. Electra M&E performs projects including office buildings, hospitals, hotels, shopping malls, factories, and more. In the mechanical field, the company provides excellent solutions for air conditioning, advanced VRF systems, ventilation, industrial cooling, sanitary and industrial plumbing, and clean room systems for the hi-tech and pharmaceutical industries: heating, compressed air and steam, fire extinguishing systems including sprinklers and foam, water supply, sewage and rainwater, pump rooms, and more. Electra M&E is a leading supplier of high voltage transformers and electrical panels, low voltage systems, electrical piping, light fittings, UPS systems, generators and electrical boards. Furthermore, the company offers fire detection control systems, public address systems, CCTV systems, computer communications systems and control panels, infrastructure systems, street lighting and underground piping for electricity, telephones, and cable television.

Electra Elevators – The largest elevator company in Israel and the sole local representative of Otis and Alimak (industrial elevators). The company assembles and installs its own state-of-the-art elevators, escalators, and travelators in hundreds of commercial and residential complexes.

Electra Taamal – Provides advanced home elevator solutions, including customized wheelchair elevators, accessibility lifts, industrial conveyors, lifts, and hoists, as well as cargo lifts and hydraulic compressors.

Electra Parking Solutions – The exclusive representative of Klaus Multiparking in Israel. Designs, assembles and installs multiparking systems, stack parkers, turntables, pallets, semi-automatic parking facilities, and fully-automatic parking facilities, with 24/7 servicing and maintenance.

F.K. Electra Generators – A leading global provider of comprehensive power solutions for industrial, public, and governmental projects. The company is active in the rental, sale, installation, operation, and maintenance of all types of generators and temporary power plants, including related equipment and ancillary devices.

Etco Nigeria – Established in 1963, Etco Nigeria offers comprehensive electromechanical systems and solutions: viability, planning, performing, and maintenance. The company undertakes large-scale electromechanical engineering contracting projects throughout Nigeria, including commercial and industrial facilities.

Electra M&E Europe – Specializes in the design, installation, and operation of turnkey M&E systems throughout the UK, Russia, Bulgaria, Romania, Poland, Germany, and Belgium. Its clientele includes shopping malls, hotels, office complexes, residential buildings, petrochemical plants, energy and utility plants, transportation infrastructures, and more.

Electra USA – This wholly-owned subsidiary coordinates Electra’s U.S. operations and is the controlling shareholder of two electrical contractors in the New York metropolitan area: Hellman Electric and Gilston Electrical, which together have more than 400 employees.

Hellman Electric – Active in New York for more than 80 years, Hellman Electric is a full-service electrical construction firm specializing in complex, state-of-the-art installations in sectors including heavy construction, transit, safety and control systems, renovations, and supplementary work for educational institutions, in addition to the planning, installation, and maintenance of datacom infrastructures.

Gilston Electrical – Founded by the Gilston family in 1926, Gilston Electrical has a proud electrical contracting heritage and today specializes in public works for various New York City and New York State agencies, including infrastructure projects, building maintenance and renovation, and electrical services in the healthcare field.

Electra Technology Division – Meeting the Needs of the Future

Electra Technologies – Specializes in smart building construction and operation, providing comprehensive technological solutions that span low voltage, process control and building management, multimedia, security, communication, and lightning and over-voltage protection systems, while optimizing the integration of advanced technology. Leveraging a unique approach that emphasizes cost-effective energy use, operational efficiency, and a one-stop-shop customer experience, the company provides each customer with a complete solution for every technological need, from defining requirements, through implementation and actual execution, to a full-service portfolio that encompasses individual systems as well as an integrative control system incorporating all relevant systems.

Megason – Designs customized security and safety systems for customers in a wide variety of sectors, with a range of unique needs. For over 40 years, the company has offered the highest quality hardware and software, alongside expert integration.

Facilities Management & Maintenance – Full-Service Business Solutions

Electra FM (Integrated Facility Management) – Israel’s leading company in the maintenance and management of buildings and electromechanical systems with a current scope of approximately 6,000,000m². The company specializes in maintaining electrical, air conditioning, plumbing, and water treatment systems, as well as pumping stations, hazardous waste management and construction and fire extinguishing systems while offering complementary services through sub-contractors. Its clientele includes defense institutions, real estate companies, government institutions, and industry. Electra FM offers comprehensive management, maintenance, and operation of complex facilities that require professional expertise in addition to extensive experience, adherence to international standards, and a control center providing prompt service to customers across Israel.

Electra FM Field Service Division – Based on a nationwide network of mobile technicians, this service and maintenance company provides its customers with the full spectrum of professional solutions for more than 20 specialist fields.

Ariel Properties Group – Manages thousands of properties around Israel, totaling approximately 4,500,000m², including office buildings, commercial centers, parking garages, hi-tech complexes, residential buildings, government facilities, and approximately 300 properties held in trust for foreign investors.

Tavas – Provides general and specialist cleaning services to some 550 private and public sector customers throughout Israel. The company designs, constructs, and operates cleaning and housekeeping systems on any scale, including high-rise window cleaning, janitorial services, and pest control.

Electra Security – Offers innovative security solutions to customers nationwide, including banks, health organizations and municipalities. Its unique security model is based on mobile patrol units that provide a rapid professional response to any threat. Cutting-edge technology allows for constant surveillance and immediate mobilization, along with ongoing reporting and complete transparency.

Elevator Maintenance – Electra’s technicians provide IS2481 (EN81) certified servicing for approximately 19,000 elevators.

HVAC Servicing – The division has three logistics centers nationwide, serving thousands of customers and sites with a scope of more than 1.1 million refrigeration tons. The centers are staffed by more than 300 licensed HVAC technicians, all of whom undergo intensive training and certification.

Electrical Service & Maintenance – Supplies preventative maintenance and repair of electrical systems with 24/7 availability and nationwide coverage. Electra Energy’s mobile laboratory is designed for troubleshooting high-voltage electricity installations on-site.

Electra Greentech – Operates, maintains and manages wastewater treatment facilities throughout Israel in addition to providing monitoring and control tools equipped with mobile communication and internet technologies.

Michlol – Provides comprehensive customized workplace management solutions. Michlol works closely with customers to enhance and streamline their operations over the long term, leveraging advanced tools and work methods such as ServicesApp, a unique maintenance application, to improve service and lower expenses across the board.

Entrepreneurship & Property Development – Where Tomorrow’s Cities Begin

Electra Investments – Performs the Electra Group’s real estate activities, developing residential, office and commercial buildings. The company initiates investments in Russia, Bulgaria, Lithuania, Poland, and Latvia, taking a comprehensive view that includes locating plots, planning, obtaining permits, construction, and marketing.

Electra Residences – This dynamic company’s diverse real estate developments reflect its expertise in identifying opportunities, selecting partners, and leading project planning and implementation. The company benefits from its excellent management, efficient structure, and financial stability.

Concessions – Always Thinking Bigger

Electra Concessions – Responsible for large-scale BOT/BOO projects and technology management, focusing on national infrastructure concessions and applications in power generation and utilization, such as pumped storage and solar thermal power generation, offering one-stop-shop energy solutions.

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