Brand has signed contracts worth about NIS 115 million since the beginning of October

Brand has signed contracts worth about NIS 115 million since the beginning of October
Brand has signed contracts worth about NIS 115 million since the beginning of October

The Brand Group reports that it has signed an agreement to carry out steel construction work for a pedestrian bridge as part of the 1000 complex project in Rishon Lezion, amounting to approximately NIS 23 million. The company began construction work and is expected to be completed during the second half of 2022.

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.

The Brand Group, which on March 31, 2021 completed the merger of the Brand Company with a spy company, now operates in four areas of activity: the systems field, which includes a contracting arm to carry out infrastructure projects and systems of electricity, control and communication.

Yaron Silesh, CEO of the Brand Group: “Brand continues to grow in the traditional steel field by providing a complete industrial solution and a comprehensive basket of solutions based on the capabilities of Brand and Spy. We continue to carefully manage bids for tenders in order to increase the backlog of quality work on key projects. The project we won includes the construction of a steel construction weighing about 1,000 tons as part of the pedestrian bridge in the 1000 complex project in Rishon Lezion.

“Winning this project is another step in the group’s rapid growth process in the traditional steel field, while positioning the steel plant as the leading plant in the country for the production of steel structures in the fields of industry and infrastructure.”

 
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