Egged
Found 8 recent publications
Bus driver loses consciousness: passenger prevents disaster in Eilat
During a trip in Eilat, an Egged bus driver lost consciousness, causing the vehicle to crash into a railing and a bus stop. Attorney Tomer Bizini, who was on board, acted decisively by entering the cabin and bringing the runaway bus to a halt, saving 20 passengers.
Egged's revolution: Chinese transport giants enter the Israeli market
The Egged Group and Auto Chen are establishing a joint venture with the Chinese transport giant CRRC. This move will bring next-generation transport to Israel's roads, ranging from electric minibuses to 26-meter-long mega-buses, alongside a full import and maintenance system. The deal is subject to approval by the Competition Authority.
"No longer on paper": Investor call reveals plans for Egged IPO
Keystone CEO Navot Bar stated that the Egged IPO is planned for 2027: "It is already in the works." The infrastructure company raised its 2030 equity target by 50% to 6 billion shekels.
Keystone initiates Egged IPO, aiming for a valuation of 8 billion shekels; quarterly profit fell by 77%
The infrastructure fund Keystone is initiating the IPO process for Egged, targeting an 8 billion shekel valuation. Meanwhile, the fund reported a 77% decline in net profit for the second quarter of 2026, down to 32 million shekels.
Egged has grown again and may lose a tender worth hundreds of millions
The Public Transport Authority is considering barring Egged from the Hashmonaim cluster tender. The move follows findings that the company exceeds market share and annual mileage caps set by the Competition Authority.
Public Transport Changes: Which Bus Stops Will Be Cancelled
Due to infrastructure works, a section of Israel Guri Boulevard heading north will be closed to traffic on the night of Thursday, August 27, from 10:00 PM to 5:00 AM. Several central bus stops will be cancelled during this period.
The soldier trapped in a bus luggage compartment recalls: "I realized that if he kept driving, I would lose my leg" | Exclusive
An unusual incident occurred in Tiberias: A female soldier was trapped in the luggage compartment of an Egged bus. The door closed on her leg, and the bus continued to drive until passersby alerted the driver.
"I started screaming - but no one heard": A female soldier was trapped in a bus luggage compartment
A female soldier entered the luggage compartment of an Egged bus in the heart of Tiberias to retrieve a bag, but the door closed on her leg as the bus began to move. Passersby noticed her and alerted the driver, who stopped and opened the door. The soldier was evacuated to the hospital with injuries to her leg and head. Egged expressed regret over the incident, describing it as unintentional, and...