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Gaon Group Ltd
P.O Box 266
Phone: +972 37954100p:+972 37954100 OR YEHUDA, 72100  Israel Ticker: GAGRGAGR
Business Summary
Gaon Group Ltd, formerly Middle East Tube Co Ltd, is an Israel-based company active in the steel sector. The Company manufactures and markets pipes for water, sewage and oil and gas infrastructure. The main technologies used in producing pipes by Company are Electric Resistance Welding (ERW) for longitudinal seam pipes, and Submerged Arc Welding (SAW) for spiral seam pipes. The Company manufactures pipes in the Tzrifin Plant. It also provides galvanization of steel pipes and other products in the Acre Facility. The Company operates two subsidiaries, Middle East Tube Industries Ltd, Middle East Tube Galvanization Ltd. It is 54.3%-owned by Gaon Agro Industries Ltd.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
3317 Steel pipe and tubes
3479 Coating, engraving, and allied services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board AviHochman 57 1/24/2011 1/24/2011
Chief Executive Officer ItzikMolcho 44 9/14/2008 9/14/2008
Chief Financial Officer NissimLacham 42 4/1/2014 4/1/2014
12 additional Officers and Directors records available in full report.

Business Names
Business Name
GAGR
Middle East Tube Co. Ltd.
Plasim Accessories Ltd.
Plasim Infrastructure Ltd.
Plasim Sanitation Solutions Ltd.
TUBE

General Information
Number of Employees: 632 (As of 12/31/2023)
Outstanding Shares: 45,538,621 (As of 12/31/2023)
Stock Exchange: TLV
Fax Number: +972 37954103


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Thursday, April 25, 2024