search
Front > News

Danya Cebus wins Akko-Carmiel rail tender

12 Sep, 2012 16:10
שלח תגובה במיילEinat Paz-Frankel

The Africa-Israel unit will build the 23-kilometer line in the Western Galilee

Danya Cebus Ltd. (TASE: DNYA), the contracting arm of Africa-Israel Investments Ltd. (TASE:AFIL), controlled by Lev Leviev, has won the NIS 140 million tender by Israel National Roads Company Ltd. to build the 23-kilometer railway line between Akko and Carmiel in the Western Galilee.

The company will also build stations at Ahihud Junction and road overpasses. Together with China Civil Engineering Construction Corporation (CCECC), it will also dig a tunnel under Har Gilon west of Carmiel.

The planning and construction will take two years.

Danya Cebus CEO Ronen Ginzburg said, "Winning this tender follows a number of other projects, including the Har Gilon tunnel, the construction of an overpass at Tishbi Junction, and the pier at Em Hamoshava (in Petah Tikva) for the Tel Aviv light railway. The total value of the contracts is NIS 3.5 billion."

Published by Globes [online], Israel business news - www.globes-online.com - on September 12, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

Ben Gurion airport Terminal 1 credit: Shutterstock Terminal 1 to reopen in last week of March

Ben Gurion airport's Terminal 1 is important for airlines wanting to cut operating costs because it charges lower taxes than Terminal 3.

Gali Baharav-Miara and Yariv Levin credit Marc Israel Sellem Jerusalem Post and Yoav Dudkavich Yediot Ahronot Justice Minister begins process to oust Attorney General

Yariv Levin claims that Gali Baharav-Miara acts as the "long-arm of the government's opponents."

monday.com co-CEOs eran Zinman and Roy Mann credit: Netanel Tobias Fake anti-Israel ads target tech co in London

The advertisements on London Underground Victoria Line railway carriages cited examples of monday.com's projects as genocide and ethnic cleansing.

Beny Steinmetz credit: Reuters Denis Balibouse Greek Supreme Court frees Israel's Benny Steinmetz

Greece's top court has quashed a lower court's ruling to deport Steinmetz to Romania.

Leviathan platform credit: Albatross State royalties on natural resources reach new peak

At NIS 2.37 billion, royalties from natural gas and minerals in 2024 were 8.2% higher than in 2023.

Haifa Port credit: Shlomi Yosef How Trump tariffs could benefit Israel

Israel's free trade agreement with the US makes it an attractive investment destination for companies seeking to preserve access to the US market.

Grain team credit: Roei Shor Israeli forex optimization co Grain raises $33m

Grain’s technology optimizes foreign exchange for cross-border transactions, automatically mitigating currency fluctuation risks while sourcing pricing opportunities to drive higher sales conversions for its customers.

Selina hotel in Tel Aviv credit: Inbal Marmari Hospitality chain Selina Israel files for liquidation

The company has NIS 1.5 million in unpaid commitments and a NIS 32 million loan.

Bank Hapoalim branch credit: Aviv Gottlieb Bank Hapoalim raising NIS 3b

The bank is offering two series of CoCo bonds, one of which is for 25 years, and 12-month commercial paper.

Google Haifa offices credit: Shutterstock Google Israel hiring dozens of engineers to develop AI chip

Google is expanding its chip development operations in Israel to develop a network interface card communication chip.

Eon founders credit: Eon Investors press Eon to raise money at $2.5b valuation

The Israeli cloud backup company saw its valuation soar last year in three financing rounds from $215 million to $1.4 billion.

Aryon founders credit: Nadav Margalit Israeli cloud security co Aryon raises $9m

The Tel Aviv-based company has developed a cloud security enforcement platform, which pioneers a proactive approach that aims to transform cloud security by preventing cloud risks before they emerge.

IATA CEO Karin Mayer Rubinstein credit: Michael Franco IATI optimistic life sciences recovery will continue

85% of the senior figures in venture capital funds in Israel's biomed sector see investments by companies and foreign funds increasing in 2025 compared with 2024.

Average wage in Israel credit: Shutterstock Rita Kapitulski Average wage in Israel rose 5.1% in 2024

The average wage of an Israeli employee rose by 5.1% in 2024, compared with 2023, the Central Bureau of Statistics reports.

Eilat house near the sea credit: Amram Avraham Investor buys Eilat house near sea for NIS 5.8m

A six-room, 164 square meter house with a 362 square meter yard was sold recently to an Israeli from the center of the country.

European leaders' defense summit in London, March 2025 credit: Reuters/Javad Parsa Israeli defense cos seen gaining as Europe rearms

Not only are Israeli systems highly respected, but Israeli companies are well adapted to working in Europe.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018