Shapir Engineering
Found 3 recent publications
Paz sells its holdings in Ashdod Oil Refinery for 75 million shekels
Paz is selling its entire 4.9% stake in the Ashdod Oil Refinery for approximately 75 million shekels. The sale is being conducted through the brokerage firm Leader amid a surge in trading volume.
3-fold profit jump: Real estate and infrastructure giant crushes forecasts
While commodity prices are rising and construction companies are struggling, Shapir Engineering presents good data, including a jump in apartment sales. Revenue jumps to 1.68 billion shekels.
Unusual move on the stock exchange: The company is suing its largest shareholder
On one side is Shapir Engineering, the controlling shareholder that appointed the management and wants to raise the CEO's salary. On the other side is Gabi Magnazi, the former controlling shareholder who remained with 28.3% and defeats every vote. In the middle: a company without a legal board of directors, which is now turning to the court. What is happening at Averot and what does it mean for...