Shapir Civil and Marine Engineering Ltd: Business Overview, Financials & Competitive Analysis

Shapir Civil and Marine Engineering Ltd Overview

Shapir Civil and Marine Engineering is a subsidiary of Shapir Engineering and Industry, Israel's leading construction and infrastructure group founded in 1968. The company specializes in civil engineering, marine works, infrastructure development, and provision of construction materials including concrete, asphalt, and quarry products. It operates across Israel and internationally with expertise in large-scale projects such as light rail systems, ports, bridges, and tunneling.

Strategic Profile

Shapir holds a dominant market position in Israeli infrastructure and construction, leveraging vertical integration from raw material extraction through project execution. The company operates multiple concrete plants, quarries, and maintains significant capabilities in specialized works including geotechnical engineering, marine construction, and transportation system development. Its subsidiary model within the publicly traded parent company provides operational independence while maintaining access to broader group resources.

Competitive Landscape

Shapir operates in highly fragmented Israeli construction and infrastructure market competing against numerous domestic firms and international contractors. Major competitors include engineering and construction companies in Israel, though specific direct competitors vary by project type. The company differentiates through vertical integration from material sourcing to project delivery, long operational history, and government relationships.

Industry Context

Shapir Civil and Marine Engineering Ltd operates in Construction, Civil Engineering & Infrastructure.

Key facts

Founded: 1968 · Headquarters: Petah Tikva, Israel · Employees: 150+ (Shapir Civil and Marine Engineering division) · Revenue: N/A · Market cap: 11.39B NIS (as of March 2026, parent company SPEN)