Electra
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Expanding in the USA: hundreds of intersections in New York will be made accessible to the blind in a project worth approximately NIS 215 million. The tender won by the subsidiary, Hellman Electric, is the first of a series of additional tenders expected to be held in the coming years to make New York intersections voice accessible.
Electra’s subsidiary Hellman Electric is actually the winner of the project. The company is owned by Electra at a rate of 51%, won the tender for the installation of accessibility systems at hundreds of intersections in the Manhattan and Staten Island boroughs of New York. The execution period of the project will last about 3 years.
Itamar Deutscher, CEO of Electra, said on the background of the win, “The City of New York is currently in the stages of exiting the corona, and according to our estimates, it is expected to release to the open market many tenders, which have been delayed until now, and in this framework also a series of additional tenders in the field of voice accessibility of intersections throughout the city . Electra’s subsidiary in the USA has decades of experience in a variety of contracting and infrastructure projects in New York, and is prepared to take on additional projects, both in the areas of accessibility and in its other areas of activity. A billion shekels”
The Electra Group began operating in the USA at the end of 2018, when it acquired control (51%) of Hellman Electric and Gilton Electrical. Both companies were founded in the 1930s, and employ hundreds of employees. Both companies have been operating in the New York area for decades -York, in the fields of electro-mechanics, including contracting and electrical work.
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