Who owns Tevel Metro?
Tevel Metro is owned by Egged (Israel).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Egged history. Last checked .
Key facts
- Current owner
- Egged Israel Transport Cooperative Society Ltd. reported
- Owner HQ
- 🇮🇱 Israel
- Origin
- 🇮🇱 Israel
- Category
- Travel & transport › Railways
- Last verified
- · 1 sources
About Tevel Metro
Tevel Metro is the Egged Group company that operates the Red Line of the Tel Aviv Metropolitan Area light rail, which began service in August 2023. Egged's page says the group also won the state tenders for the Purple Line and the Green Line.
Ownership timeline of Tevel Metro
Where Tevel Metro sits in Egged
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Egged ownership tree →
See the full Egged brand portfolio (5) →
Other brands owned by Egged
Egged controls 5 brands on Brandtree, 5 of them in travel & transport.
Also in travel & transport
Other brands in railways, and who owns them
The 91 brands in railways on Brandtree belong to 68 owners. The largest is DfT Operator, with 9.
| Brand | Owner | Owner based in |
|---|---|---|
| c2c | DfT Operator | 🇬🇧 United Kingdom |
| Avanti West Coast | FirstGroup | 🇬🇧 United Kingdom |
| Eurostar | SNCF | 🇫🇷 France |
| CPKC | CPKC | 🇨🇦 Canada |
| Linha 4 do Metrô de São Paulo | Motiva | 🇧🇷 Brazil |
| Hellenic Train | FS Italiane | 🇮🇹 Italy |
| Transtar | FTAI Infrastructure | 🇺🇸 United States |
| KAI Commuter | KAI | 🇮🇩 Indonesia |
About the owner: Egged
Egged is a privately held company headquartered in Israel. Brandtree records 5 brands under its control.
Egged is the Egged Group, which its own English site calls Israel's largest public transport group, with about 4,300 buses in Israel and Europe. Its history page says it was founded in 1933, restructured from a cooperative into a limited company in 2019, and that in 2022 the Keystone Foundation acquired a controlling interest of approximately 60% of the group. Its group pages list subsidiaries in Poland (Mobilis), the Netherlands (EBS), Jerusalem-area buses (Derech Egged) and Tel Aviv light rail (Tevel Metro).
🇮🇱 Tevel Metro and other Israeli brands
Brandtree records a controlling owner for 52 brands that began in Israel. 3 of them (6%) are now controlled by a company headquartered in another country; Tevel Metro is not one of them.
Frequently asked questions
Who is the parent company of Tevel Metro?
The parent company of Tevel Metro is Egged, a privately held company headquartered in Israel.
Is Tevel Metro Israeli?
Yes. Tevel Metro originated in Israel and its owner, Egged, is also headquartered in Israel.
Is Tevel Metro still owned by Egged?
Yes. As of 5 October 2026, Tevel Metro is still owned by Egged. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Egged history — Egged, Official document; retrieved 5 October 2026.
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