Rapac Communication & Infrastructure Ltd
Israeli holding company active in energy, renewable energy, infrastructure, and representation, founded in 1964 and listed on the Tel Aviv Stock Exchange.
Last updated September 27, 2026
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Overview
Rapac Communication & Infrastructure Ltd is an Israeli holding company that operates in the energy, renewable energy, infrastructure, and representation sectors. Founded in 1964 by Yaakov (Jack) Applebaum as Rapac Electronics, the company initially imported and marketed electronic components in Israel. It was first listed on the Tel Aviv Stock Exchange in 1978. Over the decades, Rapac expanded into manufacturing, electronic payment systems, and later into electricity generation and infrastructure. The company is currently controlled by Intergamma Investment Company, which acquired control in 1989. Rapac operates through several subsidiaries and affiliates, including Rapac Energy, El-Mor, and Rapac Engineering Solutions. The group employs over 500 experts and provides end-to-end solutions in its fields of activity. Its operations include electricity generation and renewable energy projects, electrical infrastructure, trade and representation, and consulting. Notable milestones include entering the power plant sector in 2014, establishing Rapac Energy in 2021, and selling Rapac Energy's activities in 2023. As of 2026, Rapac is a leading holding company active in trade, electrical projects, government, and electricity generation.
History
Rapac was founded in 1964 by Yaakov (Jack) Applebaum as Rapac Electronics, initially importing and marketing electronic components in Israel. In 1978, the company's shares were first listed on the Tel Aviv Stock Exchange. Later, it began manufacturing electronic components in Israel through a subsidiary, Orpak. During those years, the company was owned by the investment company Prion, controlled by businessman Shaul Eisenberg but effectively managed by Michael Albin. In 1989, control was acquired by the investment company Intergamma, then controlled by Israel Corporation. In 1998, Intergamma's CEO, Tanhum Oren, purchased the company for $23 million, including control of Rapac. The remaining shares held by Israel Corporation were sold to the Safra family. In 1991, subsidiary Orpak launched "Dalkan," a system for automatic refueling of cars and centralized payment for fuel by organizations. In 1997, 20% of Orpak's shares were sold to Delek and Sonol. The company also began marketing the product in Europe. By 2005, about 7,000 systems had been sold worldwide. In December 1999, Rapac partnered with US-based SCI to establish SCI Israel. The company acquired the manufacturing operations of the Shemer plant in Petah Tikva from ECI Telecom. The former manufacturing plant of Tadiran Communications, which itself was acquired by ECI in early 1999, produced printed circuit boards and other products. In August 2000, the partnership also acquired the manufacturing plant of Telrad in Ma'alot-Tarshiha. In 2005, Rapac sold its share in SCI Israel. In 2000, Rapac established a joint venture for distributing components to the electronics industry with Arrow Electronics of the US. At the end of 2005, Rapac Electronics sold its holdings in the joint venture and exited the electronic components activity. In April 2001, the company was split into two companies on a 1:1 basis, with a new company called Rapac Technologies absorbing the technology activity, including Orpak Industries and Expec Holding, as well as their held companies, which mainly engaged in manufacturing taxi meters and automatic ticketing systems for public transport through subsidiary Transway. As part of the split, each holder of a Rapac Electronics share received one share of Rapac Technologies. Subsidiary Transway was founded in 1994 and develops electronic payment systems, smart cards, and management and control systems for public transport. Its main customer since inception has been Egged. The systems it supplied began operating in 1999, and since then the contract has been renewed several times and new versions developed. In June 2001, Rapac Technologies was listed on the Tel Aviv Stock Exchange. In April 2006, the company's name was changed to O.R.T. Technologies. In December 2005, Orpak, a subsidiary of Rapac Technologies, listed its shares on AIM, raising about $25 million at a company valuation of $80 million. In August 2017, O.R.T. completed the sale of all its holdings in Orpak for about $120 million, at a company valuation of $225 million. After the deal, O.R.T. remained with almost no significant business activity and became an investment company. In August 2018, it invested with partners in acquiring Feldman Ice Cream. That same year, parent company Intergamma also transferred subsidiary Delta Engineering to Rapac's control in exchange for Rapac shares. In 2010, Rapac entered the electricity generation sector by signing agreements to participate in two power generation projects, one with French conglomerate Veolia to build a gas turbine power plant in central Israel, and another with Doral Energy Group to initiate solar energy projects. During those years, it expanded its communications activity by acquiring Solgood Communications, an importer of cellular devices and communications products, and participated in the "Unlimited" project to deploy fiber optics over the Israel Electric Corporation's network. In September 2018, Generation Capital fund acquired 50% of subsidiary Rapac Energy for NIS 70 million. As of 2020, the company held the following areas of activity: electricity generation through subsidiary Rapac Energy, including the Alon Tavor power plant (partner in a group that won a tender in July 2019 to purchase the plant from Israel Electric Corporation), the Shorak and Ashkelon power plants (in June 2020 signed a memorandum of understanding to purchase the two plants from Delek Group; the Shorak plant is a combined cycle power plant with an installed capacity of 140 MW, operated under a build-operate-transfer model to be transferred to the state in 2037; the Ashkelon plant uses cogeneration technology with an installed capacity of 87 MW, to be transferred in 2027; the sale was completed in February 2021), and the IPP Ramat Gabriel and IPP Alon Tavor plants (in 2014 Rapac began building two private power plants of 73 MW each in the Alon Tavor and Ramat Gabriel industrial zones; in July 2017 Rapac announced it would purchase gas for the plants from Energean, to be supplied from the Karish gas field). It also performs projects and provides maintenance services in the electricity sector, including manufacturing electrical panels through subsidiary El-Mor. Marketing and trade through subsidiaries: Data Tech Advanced Solutions Ltd, which markets communications equipment, servers, and video and telephony systems in Israel, mainly from Cisco Systems; General Engineers Ltd, which markets equipment in electricity, automation, and industrial control. Consulting and security through subsidiary Delta Systems Ltd, which represents foreign defense industry companies in Israel, mainly vis-à-vis the defense establishment, including companies manufacturing weapons systems and electronics, as well as basic and ancillary equipment in communications, navigation, and broadcasting. The company serves as the representative of Raytheon Corporation in Israel.
- 2023
Sale of Rapac Energy activities
- 2021
Sale of Shorak and Ashkelon power plants completed
- 2018
Generation Capital acquired 50% of Rapac Energy for NIS 70 million
- 2017
O.R.T. sold all holdings in Orpak for about $120 million
- 2014
Began building two private power plants (IPP Ramat Gabriel and IPP Alon Tavor)
- 2010
Entered electricity generation sector
- 2006
Rapac Technologies renamed O.R.T. Technologies
- 2001
Company split into Rapac Electronics and Rapac Technologies
- 1998
Tanhum Oren purchased the company for $23 million
- 1991
Subsidiary Orpak launched Dalkan automatic refueling system
Products and positioning
A leading Israeli holding company providing innovative solutions in energy, government, and infrastructure sectors.
Dalkan automatic refueling system
System for automatic refueling of cars and centralized payment for fuel by organizations, launched by Orpak in 1991.
Electronic payment systems for public transport
Developed by Transway, including smart cards and management systems, mainly for Egged.
Electrical panels
Manufactured by subsidiary El-Mor.
Communications equipment and servers
Marketed by Data Tech Advanced Solutions, mainly Cisco Systems products.
Recent events
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