Company Profile
The Group was founded in 1993, as part of the activity by Veolia International – the world’s largest environmental services corporation. It is currently marking more than 28 years of promoting the environment in Israel.
The Group is considered a pioneer in the environmental services and infrastructure sectors, and has a number of groundbreaking achievements to its credit: establishing and operating the Ashkelon desalination plant and the Efeh landfill, partnership in Israel’s first privately owned power station – OPC Mishor Rotem, Advanced Material Recovery Facilities (MRF), and additional large-scale projects.
Veridis provides advanced waste collection services to local authorities, organizations and industry. The Company remains committed to its mission as operator of the broadest logistical infrastructure in Israel for the collection and treatment of all types of waste.
Veridis is controlled by Delek Automotive Systems Ltd. and as of June 2021 Veridis became a publicly traded company listed on the Tel Aviv Stock Exchange Veridis intend to continue its growth in the fields of: Waste Treatment, Sea Water Desalination, Power Generation, Soil Remediation, Waste to energy (power, heat and RDF), Biogas Facilities and more.
Business Activity
Veridis focuses on developing and implementing services and ventures in its core business – waste, water and energy. The Company applies leading technologies and its international project management experience in Israel.
Veridis promotes change initiatives and development processes, while taking into consideration the economic, social and ecological aspects in its work.
We design and supply goal-oriented solutions for all of our customers. These provide economic efficiency, while taking into consideration the environmental impact of each process, in order to improve the quality of life and to protect natural resources.
Veridis specializes in environmental solutions in three complementary business sectors:
Waste Management
Veridis offers solutions and services for managing all phases of waste management: from collection and transportation, through separation, sorting, and recycling, to safe and effective disposal. The company applies advanced technologies to utilize waste in producing recycled raw materials and renewable energies.
Paper & Cardboard
Veridis, through its subsidiary Infinya, specializes in recycling, cardboard paper production, and packaging manufacturing. Infinya is the leading company in Israel that promotes the circular economy model and plays a significant role in improving the environment and quality of life in Israel.
Water
Veridis provides environmental solutions in the water sector. Among other things, the Company is the force behind building and operating the Ashkelon Desalination Plant, which is one of the largest and most advanced desalination plant in the world.
Energy
Veridis develops and operates power stations and energy facilities based on renewable energies ‒ biomass, cogeneration, biogas, etc. – and specializes in designing and operating energy centers and in leading energy efficiency projects. The Company provides installation and comprehensive maintenance services for large-scale heating, ventilation and air-conditioning systems.
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Management
Ilan Ben-Simon
CEO
Ilan joined the company in 2004, and has served the company in a number of senior positions, including CEO of Ecosol, the Group’s chief financial officer & chief operating and business development. Ilan holds a BA in Economics & Accounting.
Eran Sapir
General Manager, Environmental Services Division
Eran began his career at the company in 2003, as legal adviser of the Environment Division, later moving over to manage the company’s general legal department. Since 2010 Eran served as the general manager of the activity of Veridis’ waste management division. Eran holds an LL.B degree.
Benny Bar On
Chief Financial Officer
Benny joined the company in 2018 as the Group’s CFO. Previously he served in key financial roles in leading Israeli companies. Benny holds an MBA with specialization in financing and BBA in Accounting.
Hagit Benesh
Chief Legal Counsel
Hagit joined the company in 2008. In 2010 she was appointed as the legal counsel of the Environment Division. Since 2018 Hagit served as the Group’s chief legal counsel and as the director of the Group’s Human Resources activities. She holds an LL.M degree and LL.B degree and B.A in Administration.
Investors Relations
Investors Relations Ltd
Phone: 03-5167620
Email: info@km-ir.co.il
Environmental Responsibility
Veridis is aware of its responsibility to the environment, and is constantly working to improve the environment and to prevent ecological hazards. The Company employs monitoring and management systems in order to minimize the environmental impact of its activities, through an environmental management system according to the ISO 14001 standard. Veridis also operates a quality management system according to the ISO 9001 standard, and maintains proper safety conditions by employing a safety management system according to the OHSAS 18001 standard.