Housing & Construction Holding Company Limited

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Housing & Construction Holding Company Limited
Native name
Hebrew: שיכון ובינוי‎‎
Shikun & Binui
Public company
Traded as TASESKBN
Industry Construction, Infrastructures, Real Estate, Concessions, Sea Water Desalinization, Renewable Energy, Industrial Wastewater Treatment
Founded 1924; 92 years ago (1924)
Founder Histadrut - General Federation of Labour in Israel
Headquarters Airport City, Lod, Israel
Revenue Increase 5,068 million (2015)
Increase 825 million (2015)
Profit Increase 425 million (2015)
Total assets Increase 7,371 million (2015)
Total equity Increase 1,838 million (2015)
Number of employees
11,354 (2014)
Parent Arison Investments
Slogan Creating a Sustainable Living Environment
Footnotes / references
[1]


The Housing & Construction Holding Company Limited (TASESKBN) (Hebrew: שיכון ובינוי‎‎, Shikun UVinui) (also Shikun U'Binui) is one of the largest construction and infrastructure companies in Israel. Affiliated with the Shari Arison group, it is also an international holding and investment company. The company's share are traded on the Tel Aviv Stock Exchange and are included in the TA-100 Index. In 2015 Shikun & Binui was ranked as Israel's largest Construction, Development and Infrastructure company by Dun & Bradstreet.[2]

History[edit]

The subsidiaries of Shikun U'Binui have been operating since 1924. Shikun U'Binui specializes in developing and implementing complex transportation projects (roads, bridges, railways), construction of public buildings, and projects in the fields of water, sewage, desalination and energy. Among its leading projects are Highway 6(Trans-Israel Highway), the Hadera desalination plant and the Carmel Tunnels project.[3]

In June 2012, Shikun U'Binui was excluded from the Government Pension Fund of Norway (Europe's largest equity investor) for its involvement in " the building of settlements in breach of international humanitarian law in East-Jerusalem." [4] In December 2012, it was excluded by the New Zealand Superannuation Fund on similar grounds.[5]

In 2016, the company completed the construction of toll roads in metropolitan Houston, Texas for US$1 billion.[6] Meanwhile, it also built Cundinamarca 010, a 100-mile toll road in Bogota, Colombia for US$640 million.[6]

Main Subsidiaries[edit]

Major Projects[edit]

References[edit]

External links[edit]

en.shikunbinui.co.il