page_title: Solel Boneh
section_title: Israel, trade union ownership (1948-1996)
hierarchical_section_title: Solel Boneh / History / Israel, trade union ownership (1948-1996)
caption_attribution_description: Shikun U'Binui HQ in Ramat Gan
context_page_description: Solel Boneh is the oldest, and one of the largest, construction and civil engineering companies in Israel.
context_section_description: After statehood was achieved in 1948, Solel Boneh continued to play a major role in Israeli construction projects.
  Solel Boneh helped strengthen the Israel Defense Forces during the 1948 Arab-Israeli War, and it built strongholds and systems to supply water, in practice becoming the basis of the first logistics unit in the IDF.{cn|date=August 2020}}
  In 1961, shares of Solel Boneh were first traded on the Tel Aviv Stock Exchange.{cn|date=August 2020}}
  Israeli firms, such as Solel Boneh, were often involved in building projects in Africa during the 1960s and 1970s. One reason Operation Entebbe in 1976 was so well-planned was that the building in which the hostages were being held had been built by Solel Boneh, which still had the blueprints, and supplied them to the Israeli government.{cn|date=August 2020}}
  During the years 1960-69, Solel Boneh carried out the construction of the Basilica of the Annunciation in Nazareth.{cn|date=August 2020}}
  In 1984, a subsidiary, Solel Boneh Building and Infrastructure, was founded under full control of the parent company. In 1989, control of Solel Boneh was passed on to the Housing & Construction Holding Company Limited (Shikun U'Binui).
caption: Headquarters in Ramat Gan
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