Draco Group

Draco Group

http://www.draco.co.il
https://www.linkedin.com/company/draco-group-il/

Draco Group, a privately owned company headquartered in Israel, was founded in 1967 and employs approximately 100 individuals. The company reported $15.6M in revenue as of 2024. It specializes in broadcast professional services, functioning as an authorized distributor and system integrator of broadcast, cable, satellite, and telecommunication solutions within Israel.

Revenue

Founded

1967

Headcount

92

Headquarters

Israel

Primary Segment

Broadcast professional services

Ownership

Privately Owned

Deployments

5

News Summary:

On June 18, 2026, demolition contractor Draco Group announced the completion of its full scope of work last month for the restoration and rehabilitation of Parliament's Old Assembly Building in Cape Town. The company, appointed to the project in May 2025, finished significantly ahead of the new projected timeline. Previously, on April 30, 2026, Draco Group was reported to have successfully undertaken the demolition of diversified miner Sibanye-Stillwater's 46-meter-high headgear at the decommissioned Beatrix 2 shaft in 2022. This project, part of the Beatrix 2 Shaft rehabilitation, led to improved on-site water and drainage management while restoring the area to a safe and environmentally stable state.

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Draco Group offers 11 products in the media and telecoms services, media tech and pro AV industries. Draco Group's product portfolio comprises of conferencing, broadcast professional services and consumer electronics.

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Draco Group's revenues were less than $25M in 2024. Caretta Research has split Draco Group's revenue into 4 different product categories, the largest of which is broadcast systems integration products and services. For full access to Draco Group's revenue breakdown subscribe to Caretta Portal.

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Jun

18th

2026

01:00

Restoration project advances

Following its appointment in May 2025 to assist in restoring and rehabilitating Parliament’s Old Assembly Building, in Cape Town, demolition contractor Draco Group completed its full scope of work last month, significantly ahead of the new projected timeline, says Draco Group CEO Teddy Habib .

Engineering News

Apr

30th

2026

18:30

Engineered demolition ends in environmental stability

The demolition of diversified miner Sibanye-Stillwater’s 46-m-high headgear at the decommissioned Beatrix 2 shaft, which forms part of the Beatrix 2 Shaft rehabilitation project, was successfully undertaken by demolition engineering company Draco Group in 2022, and has led to better on-site water and drainage management while restoring the area to a safe and environmentally stable state, reports Draco Group director Teddy Habib .

Apr

23rd

2026

18:30

Erie mineral rights hearing divides council over control, transparency and who decides

The Town of Erie Colorado is weighing whether to sell or lease a portion of its mineral rights tied to the state-approved Draco oil and gas project, a decision that has exposed divisions on council, raised questions about the town’s negotiating process, and highlighted uncertainty about how much authority Erie actually has.

Feb

25th

2026

18:30

Nine units at Brazilian Draco solar complex begin commercial operations

Brazil’s Ministry of Mines and Energy has announced that nine plants at the Draco solar complex have commenced commercial operations. Located in Arinos, Minas Gerais, the project forms part of the New Growth Acceleration Programme (Novo PAC) of the Brazilian government.

Renewable Watch

Feb

23rd

2026

18:30

Energy & Power - Renewable Energy Tenders

Draco solar complex expands solar energy generation in minas gerais

Dec

8th

2025

01:53

From a Family Business to a Miraculous Factory in the Heart of Zagora. They Bought a Diva from Zagreb and Now Conquer the World

[Translated] Although most activities in Dalmatia are directly or indirectly linked to the tourism sector, there are also those who, despite numerous challenges in domestic economic and business conditions, push a much larger entrepreneurial story,

Slobodna Dalmacija

Oct

3rd

2025

09:17

Management Changes, CT_Monitor Company

Mining Round‑Up: Recent developments and milestones

As the global mining sector continues to adapt to shifting markets, evolving energy demands, and strategic realignments, several key milestones and leadership changes have emerged across Africa and beyond. From project advancements to high-level executive transitions at major players, the past week has seen a diverse range of activity shaping the industry’s trajectory.

Mining Review Africa

Oct

1st

2025

06:32

Procurement and Sales, CT_Monitor Company

Draco Group safely demolishes 107-metre converter stack at Palabora Mine

Draco Group successfully completed one of South Africa’s most technically challenging demolition projects: the controlled blasting and toppling of a structurally compromised 107-metre concrete converter stack at Palabora Mining Company (PMC). The reinforced concrete stack, built in 1960 and refurbished in the late 1980s, had reached the end of its serviceable life.

Mining Review Africa

Sep

18th

2025

18:30

Procurement and Sales, CT_Monitor Company

Draco Group Safely Demolishes 107-Metre Converter Stack at Palabora Mine

Draco Group successfully completed one of South Africa’s most technically challenging demolition projects: the controlled blasting and toppling of a structurally compromised 107-metre concrete converter stack at Palabora Mining Company (PMC). The reinforced concrete stack, built in 1960 and refurbished in the late 1980s, had reached the end of its serviceable life.

Infrastructurenews South Africa

Sep

4th

2025

14:46

Procurement and Sales, CT_Monitor Company

Draco Group safely demolishes 107-metre converter stack at Palabora Mine

Draco Group safely demolishes 107-metre converter stack at Palabora Mine DRACO Group successfully completed one of South Africa’s most technically challenging demolition projects: the controlled blasting and toppling of a structurally compromised 107-metre concrete converter stack at Palabora Mining Company (PMC).

Cape Business News

Aug

14th

2025

14:51

CT_Monitor Company

Nonprofit Strategic Planning in Practice: Lessons From a Mid-Plan Assessment

After over a year of dialogue, drafts, revisions and countless meetings with faculty, staff, trustees and students, Draco College (real place; fictitious name) released a comprehensive strategic plan to guide its next five years. The effort was exhaustive and inclusive—hallmarks of what leadership hoped would be a unified, forward-thinking agenda for the institution.

Aug

1st

2025

14:44

Regulatory and Legal, CT_Monitor Company

The unfortunate reality of homeowners insurance rates

Draco Guan // Shutterstock The unfortunate reality of homeowners insurance rates Homeowners across the country face a tough reality. Home insurance rates continue to climb faster than ever before. This is especially true in disaster-prone areas.

KTVZ NewsChannel 21

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