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During this decade, Ashtrom experienced a notable increase in financial strength, driven by significant investments and a substantial boost in the Group's equity. The IPO on the Tel Aviv Stock Exchange transformed Ashtrom into a publicly traded company, providing a stable capital and financial foundation for the years ahead. This period also witnessed the introduction of new development fields for Ashtrom Group, including long-term rental housing and renewable energy. The strategic relocation of all subsidiaries to Lyfe Towers played a crucial role in enhancing synergy among different divisions and fostering direct connections among all employees.

2014 – Ashtrom Group issues its IPO in the TASE (ASHG)  

2016 – Ashtrom launches its new long term housing rental division in response to market needs 
 2019 – Completion of the construction of the new Gulf Port in Haifa - the largest infrastructure project built in Israel  

2021 – Ashtrom launches its new renewable energy division focusing on energy projects in Israel and worldwide.  
2021 – ​The group’s shares are listed under the prestigious TA-35 index on TASE.

2022 – The Ashstrom Group, with all its divisions, relocates to the LYFE towers.   

 

During the late 1990s, the Israeli government initiated extensive concessions for national infrastructure projects. Ashtrom successfully secured mega-projects, including the Carmel Tunnels, which commenced in late 2010, and the Light Rail, facilitating the annual transport of over 40 million passengers. The projects of this decade were distinguished by their extraordinary complexity in This decade’s projects were characterized by their extraordinary complexity in terms of engineering, management, and contracts, allowing the Ashtrom group to solidify its status and facilitated collaborations with some of the largest engineering, design, and concession companies globally. 

2005 - Expansion of the "Eitan" port in Ashdod using a a 350m long breakwater  

2008 – Construction of the government campuses in Haifa and Be’er Sheva, as well as the State Comptroller Building in Tel Aviv

2010 – Completion of the Carmel Tunnels construction  

2011 – Completion of the Light Rail project in Jerusalem  

 

As the substantial waves of immigration from the former Soviet Union began, the Ashstrom Group was already well-prepared to confront this intricate challenge. Recognizing the magnitude of the situation, the group promptly responded to the request of the Minister of immigration at the time, Ariel Sharon, to construct 17,000 housing units within a span of 3 years—an unprecedented challenge by any standard. Demonstrating professionalism and efficiency, the group successfully fulfilled the task and, over a decade, played a pivotal role in establishing new cities and expanding existing neighborhoods, spanning from north to south. 

1993 - Expansion of a new neighborhood for immigrants in Kiryat Gat  

1995 – Constructing of the city of Beitar Illit - 1,200 housing units for the ultra-orthodox sector 

1996 - Constructing a new residential neighborhood for immigrants in Kiryat Shmona  

1999 - Constructing a neighborhood of detached homes in Kfar Tavor 

 

During a decade marked by severe recession and sky -rocketing inflation, the Ashstrom Group made a strategic decision to diversify its portfolio by venturing into revenue – producing properties, capitalizing on its robust contracting capabilities. The inaugural project in this endeavor was the development of the Bat Yam mall, emphasizing a focus on trade and retail. Subsequently, the group's involvement in revenue – producing properties expanded to encompass offices, industrial and logistics complexes, as well as mixed-use properties. Approximately a decade later, the group extended its reach by acquiring and managing properties in both England and Germany. 

1987 - Establishment of Ashstrom Properties as the division that initiates, builds, and manages revenue-producing properties in Israel and overseas.  

1993 – Opening the Bat Yam mall with a revenue–producing area of about 16,000 sqm.  

In 1973, the Ashstrom Group expanded its involvement in residential development in Israel.  Within a decade, Ashder was founded, emerging as the primary entrepreneurial division of the Ashstrom Group and contributing to the establishment of tens of thousands of residential units in new and existing settlements across the country. Concurrently, the group's international division extended its reach into residential development in the US during this period. 1973 (or 1974) - Initiation of activity in the field of residential development through Alram, established in collaboration with the Ashstrom Group and the Israel Corporation LTD.  

1981 - Onset of real estate development in the US 

1982 - Establishment of the Ashdar company and expansion of activity in the residential real estate sector. 

Established in 1963, the Ashtrom Group embarked on its pioneering journey in industrialized construction in Israel. Its initial project focused on constructing 1,000 housing units, facilitated by the establishment of the nation's first factory for prefabricated construction in the sands of Ashdod, a city that served as the inspiration for the group's name. Following the Six-Day War, the Ashstrom Group consolidated its position as a prominent player in the construction and infrastructure sector in Israel, contributing to the development of hundreds of thousands of housing units from the Golan Heights to Sharm El Sheikh. Concurrently expanding its contracting endeavors, the group initiated concrete factories nationwide and engaged in quarrying and mining raw materials for the construction industries. Towards the decade's conclusion, the group extended its contracting activities internationally, undertaking projects in Jamaica and the Caribbean.  

1963 - Ashtrom Group is founded by Yehezkel Nussbaum, Haim Giron, Lipa Meshorer, and Elimelech Mayblom. 

1965 - Haim Rubin joins the group as a representative of the Gutwirt family. 

1966 - Commencement of activity in the field of construction industries. 

1968 - Post 6-day war, construction activity expands throughout the country. 

1969 – Launching the first construction projects overseas