The company will carry out electrical, communication and control work in the amount of approximately NIS 21 million, in the execution of the work for the Green Line project of the light rail, which is expected to be completed during 2024.
The Brand Group reports that the subsidiary Margal has signed an agreement for the planning and execution of electrical, communication and control work in one of the sections of the light rail project of the light rail, totaling approximately NIS 21 million. Year 2024.
The scope of the works is not final and is subject to the detailed planning adjustments and additional adjustments that will result from the actual execution of the works.
Yaron Silesh, CEO of the Brand Messer Group: “Along with the growth in the field of renewable energy, Brand continues to show growth in traditional activities and offers a complete and comprehensive basket of solutions based on the capabilities of Brand and Spy. “Brand is at the forefront of these projects. In addition to the traditional activity in Israel, we are working to expand the Brand Group’s activities outside Israel as well. To. For this purpose, among other things, we are examining the possibility of raising debt in order to be used by us for business development activities abroad and in Israel.