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Electra LTD

The company is honored to announce that on the 29th of March, 2016, it was informed that a subsidiary company, which is in the complete proprietorship of the company, has won a tender for the planning, establishment and operation for a period of 25 years as from the date of attaining operational approval of the project, the student-dormitory compound in the university of Bar-Ilan ("the project").

The company's financial investment in the project throughout the period of construction is estimated at approximately 350 million Shekels. The expected annual revenue during the period of operation and maintenance is estimated at approximately 36 million Shekels.