Ackerstein Industries Ltd

Additional Details

One of the oldest and largest companies specializing in building materials, environmental development, and engineering infrastructure. The company plays a key logistical and construction role as a major supplier of infrastructure and defense solutions to the Israeli army and the Israeli Ministry of Defense. It also has a pivotal role in constructing command and control facilities in the occupied Palestinian territories and in building the "apartheid wall" in the West Bank. The company signed a cooperation agreement with the Dutch company CyBe, which specializes in concrete printing technology. Israeli companies operating in this field do not issue self-incriminating reports, nor do they use the term "apartheid wall" (הפרדה גזעית). Instead, they list these activities in their official documents under the headings of "security construction," "home front fortifications," and "Ministry of Defense projects." In its periodic reports to investors and the Israel Securities Authority, the Ackerstein Group proudly proclaims itself the "preferred and approved supplier to the Israeli Ministry of Defense." Financial statements clearly reveal the scale of revenue generated from government security contracts, such as border fortification and military engineering projects. -- Listed on TASE (ACKR)