Shapir

The Via Nova consortium has petitioned the court against the Highway 6 northern extension tender, challenging Shapir's victory over a 683 million shekel fee gap.

Families who won subsidized housing in Beit Shemesh filed a court petition after their wins were cancelled amid a legal dispute between the state and the developer Shapir.

Israel Innovation Authority launches the 60 million NIS RSTPCS construction consortium led by Shapir, while Shufersal wins a 15 million NIS land tender in Ramat Negev.

The Via Nova consortium is appealing its disqualification from the 2 billion NIS Highway 6 North tender, claiming its bid would yield 750 million NIS more for the state than the winning proposal by Shapir.

Shapir Engineering has declined its option to purchase a 4.99% stake in the Ashdod Oil Refinery from Paz. The decision follows regulatory hurdles and the company's failure to meet conditions regarding the sale of its natural gas distribution licenses.

A shareholder of the Ashdod oil refinery has filed a request with the Tel Aviv District Court to disclose documents regarding the company's relationship with Shapir Engineering. The plaintiff is preparing a derivative lawsuit, alleging that the board of directors unlawfully granted Shapir de facto control over the refinery.

Gardos, former head of the Budget Department at the Ministry of Finance, will join Shapir Engineering as a senior executive and will be appointed head of the Finance and Business Development Division. Yesterday, Shapir published its second-quarter reports, with revenues jumping by approximately 21% to about 1.7 billion shekels; a special improvement was recorded in the real estate sector.

The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.