Native name Hebrew: שיכון ובינוי Type Public company Headquarters Ramat Gan, Israel Revenue 5.068 billion ILS (2015) | Romanized name Shikun & Binui Traded as TASE: SKBN Founder Histadrut | |
 | ||
Industry Construction, Infrastructures, Real Estate, Concessions, Sea Water Desalinization, Renewable Energy, Industrial Wastewater Treatment Founded 1924; 93 years ago (1924) Stock price SKBN (TLV) 888.00 ILA -19.00 (-2.09%)15 Mar, 2:57 PM GMT+2 - Disclaimer CEO Yaron Karisi (1 Nov 2015–) Profiles | ||
The Housing & Construction Holding Company Limited (TASE: SKBN) (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.
Contents
History
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.
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." In December 2012, it was excluded by the New Zealand Superannuation Fund on similar grounds.
In 2016, the company completed the construction of toll roads in metropolitan Houston, Texas for US$1 billion. Meanwhile, it also built Cundinamarca 010, a 100-mile toll road in Bogota, Colombia for US$640 million.