Rassco (Rural and Suburban Settlement Company) is an Israeli construction and development company.[1][2][3] It was established in Mandate Palestine 1934 at the initiative of the Jewish Agency.[4][5][6]
The company's initial goals were the establishment of agricultural settlements and industrial enterprises to assist in the absorption of German Jewish immigrants.[7] Rassco was intended to be the central instrument for middle-class settlement and housing in Palestine.[8][9]
The company built residential neighborhoods all over Israel, including the Rassco neighborhood in Jerusalem that bears its name.
In the 1950s, Rassco was listed on the Tel Aviv Stock Exchange. In the 1960s, Rassco built large-scale housing projects in Iran.[4] In 1970, the Jewish Agency owned over 99 percent of the company shares and elected the entire board of directors.[10]
Other enterprises run by Rassco include a metal factory, a prefabricated building company, a hotel and a health resort.[10]
^Facts about Rassco - Rural and suburban settlement company (Tel-Aviv)
^Housing in Israel: Economic and Sociological Aspects - Haim Darin-Drabkin
^ abcEncyclopedia of Zionism and Israel, edited by Raphael Patai, Herzl Press/McGraw Hill, New York, 1971, vol. 2, p. 936
April 13, 2024
rassco, company, rassco, rural, suburban, settlement, company, israeli, construction, development, company, established, mandate, palestine, 1934, initiative, jewish, agency, shikun, rassco, ashdodhistory, editthe, company, initial, goals, were, establishment,. Rassco Rural and Suburban Settlement Company is an Israeli construction and development company 1 2 3 It was established in Mandate Palestine 1934 at the initiative of the Jewish Agency 4 5 6 Shikun Rassco AshdodHistory editThe company s initial goals were the establishment of agricultural settlements and industrial enterprises to assist in the absorption of German Jewish immigrants 7 Rassco was intended to be the central instrument for middle class settlement and housing in Palestine 8 9 The founders were Yeshayahu Foerder Georg Landauer Ludwig Pinner Arthur Ruppin and David Senator 10 Chaim Weizmann later Israel s first president was the first chairman of the board The company built residential neighborhoods all over Israel including the Rassco neighborhood in Jerusalem that bears its name In the 1950s Rassco was listed on the Tel Aviv Stock Exchange In the 1960s Rassco built large scale housing projects in Iran 4 In 1970 the Jewish Agency owned over 99 percent of the company shares and elected the entire board of directors 10 Other enterprises run by Rassco include a metal factory a prefabricated building company a hotel and a health resort 10 See also editEconomy of IsraelReferences edit We Were Europeans A Personal History of a Turbulent Century Werner M Loval Time Pillars of Israel economy Peretz Dagan a b רסקו מקבוצת ישרס רסקו Archived from the original on 2008 06 05 Retrieved 2008 07 27 Israel Industry and Commerce Economic News Israel Committee for Industrial Credits Israel Economic Forum Facts about Rassco Rural and suburban settlement company Tel Aviv Housing in Israel Economic and Sociological Aspects Haim Darin Drabkin a b c Encyclopedia of Zionism and Israel edited by Raphael Patai Herzl Press McGraw Hill New York 1971 vol 2 p 936 Retrieved from https en wikipedia org w index php title Rassco company amp oldid 1144887777, wikipedia, wiki, book, books, library,
