Our Story
Ashtrom Group: A Story of Success
Ashtrom Group was founded in 1963 and began its journey as the pioneer of industrialized construction in Israel. Since then and for more than 60 years, the group has played an important role in the construction of the country, while acquiring and establishing companies and factories that have helped it develop, expand and become a leading company in Israel.
Ashtrom Group consists of 8 divisions working in synergy to initiate, execute, market, and manage projects across various sectors: construction, residential development, income-producing properties, construction industries, rental housing, renewable energy, concessions, and international ventures. Its decentralized and diverse activities grant the group its business flexibility and financial robustness. Ashtrom Group’s shares are traded on the Tel Aviv Stock Exchange as part of the TA-125 Index.
Since its establishment, the group has constructed approximately 123,000 housing units and around 3,500,000 sqm of commercial space, offices, hotels, public buildings, as well as industrial and logistics areas. The group specializes in large-scale national projects in transportation infrastructure, including the new Haifa bay Port, the Jerusalem Light Rail, the Carmel Tunnels in Haifa, and the bridges complex at the Glillot Junction.
The Ashtrom Group views itself not merely as a developer, constructor, and operator, but as a creator of essential infrastructures that impact millions of lives.
Six Decades of Success and Growth: Our Journey
The remarkable journey of Ashtrom Group began way back in 1963, with five founders who had a shared vision and a single goal – leading the construction and real estate industry in the developing country. And the rest, as they say, is history. The story of Ashtrom Group is the story of the State of Israel.
2023 - 2013
A Decade of Growth
2003-2013
A Decade of National Infrastructures
1993-2003
A decade of immigration and new neighborhoods
1983 - 1993
A Decade of Income-Producing Properties
1973 - 1983
A Decade of Residential Development
1963 - 1973
A Decade of Pioneering and Expansion
The People Who Lead Ashtrom Group
Our Core Values
Strength
Decades of expansion and growth through the acquisition and establishment of companies and factories.
Professionalism
Meticulous attention to detail, driven by a deep sense of responsibility and commitment.
Leadership
Over 60 years of leading projects that impact the lives of millions daily.
Reliability
A proven track record of professional and dedicated work over the decades
Stability
A balanced business strategy that adapts to changing market conditions, ensuring operational and financial flex
Synergy
8 leading divisions working in perfect synergy to address every challenge.
International reach
Leveraging local expertise and experience to implement large-scale projects abroad.
Together
A true partnership with professionals across private, business, and institutional sectors to execute complex projects.