ABB ECONOMIC

Target: ABB Ltd / ABB Group Research date: 26 October 2026 Scope: Israeli economic activity, corporate investment, commercial operations, supply chains and settlement-related infrastructure. Evidence cutoff: 26 October 2026.

Supply Chain & Sourcing Relationships

1.1 - Direct supply relationships

Who Profits documents ABB Group equipment at the Kalia Solar Field in the occupied Jordan Valley, identifying the ABB 1SL0221A00 industrial electrical enclosure in observations made during October 2017 [pre-2020]. The project is attributed to Clal Sun Ltd and Kibbutz Kalia, and Who Profits describes an installation covering approximately 135,000 square metres with a capacity of 10.8 MW. The identified acting commercial entity is ABB Group as equipment manufacturer; the direct purchaser, selling subsidiary, installation contractor and contractual recipient have not been independently established. The channel documenting the finding is whoprofits.org; the relationship’s continuation after 2017 is unknown.¹

AFSC Investigate separately identifies ABB Ltd as a supplier whose equipment was used in solar installations in the occupied West Bank. AFSC attributes its specific settlement-infrastructure findings to Who Profits; therefore, the AFSC account corroborates the existence of the published allegation without constituting a separately documented inspection. The AFSC publication is currently accessible, but no new supply date or post-2024 contract is established by that fact.²

Who Profits further reports historical ABB Group involvement in security systems for the Beitar electrical substation, which supplies electricity to Israeli settlements in the occupied West Bank. The named beneficiary is the electricity-distribution infrastructure serving those settlements. Contracting entity, purchaser, contract value and installation date are unverified. The observation is contained in a profile whose information is stated to be valid through 28 March 2021; its continuation as of October 2026 remains unknown.¹

1.2 - Israeli agricultural suppliers

No public evidence identified of an ABB supply or procurement relationship involving Mehadrin, Hadiklaim, Galilee Export, Agrexco successors or Israeli agricultural aggregators.

1.3 - Importer-of-record structure

ABB Technologies Ltd is identified as ABB’s Israeli operating subsidiary, supplying electrical, automation, robotics, motion and industrial technologies to Israeli customers. IVC lists the company at 14 Tarshish Industrial Park Street, Ofek 2 Building, Caesarea. The listing establishes local operating presence, but does not identify an importer-of-record designation, customs licence or individual import declaration. The precise legal importer used for specific equipment shipments remains unknown.³

1.4 - Seasonal sourcing

No public evidence identified of recurring December–April procurement of Israeli agricultural products, dates, citrus, avocados, herbs or potatoes by ABB.

1.5 - Indirect procurement, distribution and commercial partners

Who Profits identifies ABB Group’s historical commercial relationships with Israeli entities including Mekorot, Israel Electric Corporation and Israel Airports Authority. The available profile does not identify a dated contract and consideration for each relationship, or establish whether they remain active in October 2026. The publishing channel is whoprofits.org and the profile’s information-validity cutoff is 28 March 2021.¹

Sonol EVI’s publicly accessible Israeli sales page advertises an ABB-branded 22 kW electric-vehicle charging station. This establishes a publicly advertised Israeli retail channel for ABB-branded charging equipment through Sonol EVI. The page does not establish a formal authorised-distributor appointment, the contracting ABB entity, individual installation locations, commissioning dates, the number of currently operational chargers or a specific settlement installation. No public evidence identified in the accessible replacement source independently establishing the previously reported authorised-distributor status of Afcon Electric Transportation, EV-Edge, Plugo, Kahane Group or Zen Energy, or charging-station locations in Haifa, Tel Aviv-Jaffa, Kfar Saba, Modi’in, Eilat and Kiryat Shmona.⁴

1.6 - Indirect settlement supply

The published evidence confirms the historical presence of identified ABB electrical equipment at the Kalia settlement solar installation. No independently verified documentation identifies the original distributor, reseller, logistics provider or end-customer purchase order. No public evidence identified establishing fresh ABB shipments to that installation after July 2024.¹

Kalia solar field - excluded frame v_econ:be269ad18c22; ABB’s attributable act and contractual route. Reconciliation of the existing audit with the accessible Who Profits company profile confirms that ABB Group equipment was documented at the Kalia settlement solar field in October 2017, specifically an industrial electrical enclosure identified by product number 1SL0221A00. The settlement-associated project is attributed to Clal Sun Ltd and Kibbutz Kalia. The evidenced ABB-linked act is the historical provision or market supply of manufactured electrical equipment that became incorporated into the installation; the observation does not independently establish that ABB sold directly to the project developer or installation owner. The report does not identify the purchasing entity, sales invoice, distributing subsidiary, purchase consideration or contractual chain from ABB to Kalia. Consequently, equipment presence and downstream settlement-infrastructure use are supported, while the exact ABB contractual route and direct commercial beneficiary remain unresolved.¹

Beitar substation - excluded frame v_econ:0d8f58eb9643; attributable activity and beneficiary. Who Profits separately states that ABB Group was involved in providing security systems for electrical substations, including the Beitar substation, which supplies electricity to Israeli settlements in the occupied West Bank. This identifies the reported commercial activity as security-system provision and the downstream beneficiary as electricity-distribution infrastructure serving settlements. It does not identify a particular ABB product, contractor, procurement authority, contract date, invoice value, servicing arrangement or duration. The public record therefore supports a historical ABB-linked infrastructure relationship, while the direct purchaser, contractual recipient and amount of ABB-derived revenue remain unverified.¹

Product Origin, Labeling & Regulatory Compliance

2.1 - Settlement-origin products

The October 2017 Kalia documentation concerns an ABB industrial electrical enclosure used within a solar installation in the occupied West Bank. This establishes reported equipment use at a settlement-associated installation, but does not identify the manufacturing country of the enclosure or establish that ABB manufactured the equipment within occupied territory. The historical product observation is reported by Who Profits.¹

2.2 - Country-of-origin labelling

No public evidence identified of ABB products mislabelled as “Produce of Israel” when manufactured in the West Bank, East Jerusalem or the Golan Heights.

2.3 - Customs and regulatory enforcement

No public evidence identified of a DEFRA, UK customs, EU customs or comparable country-of-origin enforcement action specifically involving ABB settlement-origin equipment.

2.4 - Corporate sourcing and labelling policy

No public evidence identified of a published ABB policy specifically governing the country-of-origin labelling of products manufactured in Israeli settlements.

2.5 - Product traceability

Who Profits identifies the precise ABB enclosure product number 1SL0221A00 at Kalia. The source does not disclose a serial number, country-of-manufacture certificate, bill of lading or customs entry for the individual unit. Product-level identification is therefore available for the historical observation, while shipment-level traceability remains unverified.¹

Investment, Capital & Financial Exposure

3.1 - Israeli operating investment

ABB Technologies Ltd is identified in IVC’s company directory as ABB Group’s Israeli subsidiary. The directory describes its activity in electrical systems, industrial automation, motors, drives, robotics and related technologies, and reports approximately 120 employees. Its listed address is Caesarea, Israel. The listing does not separately disclose current paid-up capital, acquisition consideration, Israeli revenue or the ultimate legal ownership percentage.³

3.2 - Acquired Israeli operating companies and controlling stakes

ABB Technologies Ltd is the identified Israeli operating subsidiary, but the available evidence does not establish its acquisition date, historical consideration, current direct shareholder or precise percentage held. The IVC listing describes an established Israeli operating company rather than an independently documented acquisition transaction. No separate Israeli manufacturing facility controlled by ABB Technologies Ltd was verified.³

No public evidence identified that ABB acquired a controlling operating stake in TaKaDu, PointGrab, Hailo or Pentalum.

3.3 - TaKaDu venture investment

ABB Technology Ventures participated in financing Israeli water-network monitoring company TaKaDu in 2012 [pre-2020]. Global Venturing reports that ABB Technology Ventures invested approximately $3 million in a $6 million funding round, with other investment provided by venture-capital participants. The recipient was TaKaDu, the channel was corporate venture financing and the transaction was reported in April 2012. ABB’s ownership percentage, current holding and exit status remain unverified.⁵

Globes independently reported on 1 May 2012 that ABB Technology Ventures led TaKaDu’s $6 million investment round. The publication described TaKaDu as a Yehud-based company developing monitoring software for water distribution networks. This corroborates a financial investment in an Israeli operating business; it does not establish majority ownership.⁶

An ABB-supplied announcement published on 9 May 2012 states that the investment was intended to strengthen ABB’s access to water-network monitoring technology complementary to its industrial automation products. The original relationship was commercial and technological as well as financial. The available announcement does not specify an end date or current ownership status.⁷

ABB’s 2012 Power Generation publication, In Control, independently documents ABB Technology Ventures’ leadership of TaKaDu’s $6 million financing round and quotes Franz-Josef Mengede, Head of ABB Power Generation, explaining the importance of water infrastructure to ABB’s power and automation business. The underlying investment was a corporate-venture transaction; evidence of a current controlling interest was not established.⁸

3.4 - PointGrab venture investment

On 15 December 2015 [pre-2020], Globes reported a $5 million funding round for Israeli building-sensor company PointGrab involving ABB Technology Ventures, EcoMachines Ventures and Flex Lab IX. ABB’s channel was venture investment in PointGrab; the amount individually contributed by ABB was not specified. The precise current ownership position remains unknown.⁹

Tech.eu separately reported the December 2015 financing, identifying PointGrab as an Israeli company developing machine-learning and optical-sensing technology for building automation. The financing therefore concerned an Israeli technology operating company, with no evidence in that announcement of ABB gaining management control.¹⁰

On 25 October 2016 [pre-2020], Globes reported that PointGrab had raised an additional $7 million, identifying ABB Technology Ventures among existing investors. The recipient was PointGrab and the purpose was further development of smart-building sensing technology. The announcement does not establish whether ABB participated with additional funds in that specific round.¹¹

PointGrab’s October 2016 announcement, reproduced by FacilitiesNet on 1 November 2016, independently identified ABB Technology Ventures among PointGrab’s existing investment partners and described PointGrab’s CogniPoint building-occupancy sensing technology. The reproduced announcement also documented anticipated technological collaboration between PointGrab and ABB, including comments from ABB Technology Ventures executive Kurt Kaltenegger. The relationship documented is investment and technology exposure; no military, settlement or public-sector contract is identified in that publication.¹²

A separate historical venture-capital company listing identifies ABB Technology Ventures as a PointGrab investor and records a $7 million financing event in October 2016. The company listing does not establish ABB’s present ownership percentage or whether it exited.¹³

3.5 - Hailo venture investment

On 5 March 2020, Israeli semiconductor developer Hailo announced $60 million in Series B funding. The company’s announcement, distributed through PR Newswire, identifies ABB Technology Ventures as a new strategic investor alongside NEC Corporation and Latitude Ventures. The recipient was Hailo and the financing supported its Hailo-8 edge-AI processor technology. The announcement does not identify ABB’s individual investment amount or equity percentage.¹⁴

TechCrunch independently reported the 5 March 2020 financing, identifying ABB Technology Ventures as a strategic investor in the Israeli chipmaker. The described commercial applications included industrial automation, smart devices and related computing systems. The report does not establish an ABB-controlled Hailo subsidiary or an ABB-specific defence contract.¹⁵

3.6 - Nature of venture holdings

The financing records concerning TaKaDu, PointGrab and Hailo establish venture investment by ABB Technology Ventures or its associated corporate investment operation. None of the examined transaction announcements establishes majority ownership, appointment of a controlling board majority or integration of those businesses as ABB operating subsidiaries. Their current ownership percentages remain unknown.^{5, 9, 14}

3.7 - Research and development

ABB’s investments in TaKaDu, PointGrab and Hailo provided exposure to Israeli-developed water-monitoring, building-sensing and semiconductor technologies. The cited transactions concern investment in existing technology businesses; they do not independently establish an ABB-owned research laboratory in Israel.^{6, 10, 15}

No public evidence identified establishing the date, address, ownership and workforce of a separate ABB-operated Israeli research laboratory.

3.8 - Israeli cybersecurity partnerships

On 23 October 2019 [pre-2020], SCADAfence announced that ABB, Microsoft, Check Point Software Technologies and other companies had joined the Operational Technology Cyber Security Alliance. The named participants included Israeli cybersecurity businesses SCADAfence and Check Point. The channel was an industry collaboration intended to develop cybersecurity guidance for industrial-control and operational-technology environments. The announcement does not establish a direct ABB purchase contract with either Israeli company.¹⁶

Check Point’s own technology-partner page documents an integrated cybersecurity offering with SCADAfence for industrial and operational-technology networks. The described product integration is between Check Point and SCADAfence. ABB’s direct participation in that particular integrated product is not established by the page, and its continuation as an ABB-specific commercial relationship remains unknown.¹⁷

3.9 - Parent shareholder capital exposure

Investor AB is a substantial shareholder of ABB Ltd. Investor AB stated in an April 2025 publication that it held approximately 14.3% of ABB’s capital and voting rights. The investment represents ownership by the Swedish investment company in ABB; it does not constitute Israeli ownership of ABB. Investor AB’s portfolio must be assessed separately for any additional attributable Israeli investments.¹⁸

3.10 - Sovereign bonds, underwriting and insurance

No public evidence identified that ABB Ltd or ABB Technologies Ltd directly underwrote Israeli sovereign debt, sold Israel Bonds, provided insurance underwriting to Israeli settlement projects or operated an Israeli sovereign-debt investment fund.

No public evidence identified of a material ABB corporate holding of Israeli sovereign bonds.

Hailo - excluded frame v_econ:07bef9b0b4d3; confirmed financing and recipient (March 2020). Hailo’s announcement of 5 March 2020 confirms that ABB Technology Ventures (ATV), ABB’s corporate venture-capital arm, joined a $60 million Series B financing round as a new strategic investor. The recipient was Hailo, an Israeli semiconductor company developing edge-AI processors. The round was led by existing investors and included other strategic investors, notably NEC Corporation and Latitude Ventures. The $60 million represents the aggregate financing raised by Hailo, not ABB’s individual allocation. Neither Hailo’s announcement nor the independently published Globes account specifies ATV’s subscription amount, ownership percentage or voting rights. The confirmed financing act therefore establishes an attributable investment in an Israeli technology company, without establishing the monetary value of ABB’s individual contribution.^{14, 19}

Hailo - additional financing evidence and holding continuity (October 2021). Hailo’s announcement dated 12 October 2021 identifies ABB Technology Ventures among the existing investors participating in a further $136 million Series C financing round led by Poalim Equity and Gil Agmon. This provides additional evidence of ABB’s continued investment relationship beyond March 2020 and indicates participation in a subsequent financing event. The 2021 transaction was intended to finance Hailo’s next-generation AI processors and expansion into international markets. The $136 million represents the collective Series C financing, not ABB’s individual contribution. The announcement does not allocate a specific amount to ATV, establish its percentage holding or disclose the resulting investment valuation attributable to ABB. ATV’s description as an existing investor in October 2021 supports historical holding continuity but cannot establish ownership at the October 2026 cutoff.^{20, 21}

Hailo - economic contribution and unresolved exit status (2021–26). The confirmed 2020 and 2021 financing participation establishes a direct corporate-venture channel through which ABB-associated investment capital supported an Israeli semiconductor developer. Hailo identified the commercial application of the financing as the development, production deployment and international expansion of its edge-AI technology. Neither announcement establishes how much of ABB’s investment was spent within Israel, the amount of any subsequent dividend or realised capital gain, or the ultimate use of individual investment proceeds. No evidence in the examined transaction announcements establishes that ABB acquired a controlling interest in Hailo or an Israeli operating subsidiary through these transactions. As of 26 October 2026 - no public evidence identified in the examined announcements confirming ATV’s precise remaining holding, a completed disposal, the proceeds of any exit or the absence of a later disposal. Current ownership and exit status remain unresolved.^{14, 20, 21}

PointGrab - excluded frame v_econ:c37871d684e7; executed investment (December 2015). Globes reported on 15 December 2015 that Israeli building-automation technology company PointGrab had closed a $5 million financing round involving ABB Technology Ventures, EcoMachines Ventures, Flex Lab IX and PointGrab chairman Saar Wilf. The announcement explicitly describes a completed financing transaction and identifies ABB Technology Ventures as an investor. PointGrab was the recipient, and the proceeds were intended to support expansion into building automation and the commercial development of optical sensing and deep-learning technology. This confirms a historical corporate-venture investment supporting an Israeli operating business. The $5 million figure is the entire financing round, and the source does not disclose ABB’s individual subscription amount, equity percentage or investment instrument terms.⁹

PointGrab - October 2016 investor-status distinction. PointGrab’s October 2016 announcement, reproduced by FacilitiesNet, describes a further $7 million strategic financing round and distinguishes new investors Philips Lighting and Mitsubishi UFJ Capital from existing investors including ABB Technology Ventures. Globes independently reports the same distinction. ABB’s inclusion establishes its recognised existing-investor relationship in October 2016. Although the announcement’s headline associates the investment with Philips Lighting and ABB, its body does not separately quantify an additional ATV subscription or explicitly establish an ABB-specific payment in that round. Accordingly, the executed 2015 investment is confirmed; ABB’s existing-investor status in October 2016 is confirmed; the amount and execution of any separate ABB follow-on payment in October 2016 remain unverified. The additional $7 million cannot be attributed entirely to ABB.^{12, 11}

PointGrab - subsequent evidence of investment relationship (2021). NetScientific’s interim results published on 29 September 2021 describe PointGrab as an Israel-based smart-building technology company backed by ABB Ventures and Signify. The filing reports that EMV Capital advised a £3.4 million PointGrab financing in May 2021, including a £70,000 investment by NetScientific, and describes the transaction as involving changes to PointGrab’s investment and commercial strategy. This is independent, later evidence that ABB remained publicly identified as a historical corporate backer. The separately quantified £70,000 investment is attributable to NetScientific, not ABB. Neither the £3.4 million financing nor the documented restructuring establishes a new ABB payment, ABB’s post-transaction ownership percentage or whether ABB disposed of any securities.²²

PointGrab - recipient continuity and current ownership limitation (2025–26). EMV Capital’s published 2025 results identify PointGrab as an Israeli technology portfolio company operating in smart-building occupancy analytics. The report describes continuing business operations, deployment of more than 15,000 sensors across 40 countries and further shareholder equity support during 2025. It separately discloses EMV Capital’s direct and advised investment positions. These figures relate to EMV Capital and its advised holdings and cannot be attributed to ABB. The document does not provide an ABB-specific shareholding or identify ABB among the shareholders providing additional equity in 2025. As of 26 October 2026 - no public evidence identified in the examined records establishing ABB’s current equity percentage, a completed ABB exit, its exit proceeds or a specifically quantified ABB follow-on investment after 2015. The continuing operation of PointGrab does not independently prove continuing ABB ownership.²³

Operational Presence & Market Activity

4.1 - Physical operating presence

IVC identifies ABB Technologies Ltd at 14 Tarshish Industrial Park Street, Ofek 2 Building, Caesarea, Israel. The directory describes a multinational operating subsidiary active in automation, electricity, energy efficiency, motors, robotics, smart buildings and smart-grid technologies. This establishes a named Israeli operating entity and public business address. The exact current office occupancy and operational lease arrangements were not independently verified.³

4.2 - Employment

IVC reports approximately 120 employees for ABB Technologies Ltd. The figure is a directory-reported company statistic without a separately established accounting-year reference date. A current October 2026 payroll count was not identified.³

4.3 - Israeli electric-vehicle charging market

Sonol EVI’s publicly accessible Israeli sales page lists an ABB-branded 22 kW electric-vehicle charging station among its advertised products. This establishes a documented Israeli retail offering of ABB-branded charging equipment through Sonol EVI. The page does not establish a formal authorised-distributor agreement with ABB, a comprehensive project inventory, commissioning dates, the locations of individual charging stations or present utilisation statistics. No public evidence identified in this replacement source independently verifying the previously reported authorised-distributor status of Afcon Electric Transportation, EV-Edge, Plugo, Kahane Group or Zen Energy, or the previously reported city-by-city charging-station locations.⁴

4.4 - Solar infrastructure in Israel

Who Profits reports that 36 ABB ULTRA-1400 solar inverters were used in a 55 MW solar project in the Negev associated with Enlight Renewable Energy. The installation was reported as supplying electricity to approximately 18,000 households. The record identifies ABB equipment as an input to Israeli renewable-electricity production, but does not establish the date or value of ABB’s original sales contract. This is historical evidence with current equipment status unverified.¹

4.5 - Historical Yifat solar project

Who Profits describes ABB’s entry into the Israeli solar market in 2012 [pre-2020] through a solar installation at Kibbutz Yifat. It describes an approximately $11 million project producing around 3 MW and identifies RAPAC Infrastructure and Communication Ltd, Dolar Solar and Reft HaEmek among the project owners. Bank Hapoalim is named as financier. These organisations are project participants in the historical account; the available evidence does not establish their direct ABB contractual counterparty status.¹

4.6 - Settlement-associated electricity infrastructure

Who Profits’ historical findings identify ABB electrical equipment at Kalia and reported security-system involvement at the Beitar substation. Both are linked in the publication to infrastructure in or serving Israeli settlements in the occupied West Bank. The reporting does not establish that either installation received new ABB equipment or services after 19 July 2024 or after the November 2024 ICC warrants.¹

4.7 - Israeli government and infrastructure customers

Who Profits historically lists Mekorot, Israel Electric Corporation and Israel Airports Authority among ABB Group’s business partners. The publication does not supply sufficient details to establish individual current contracts, values, precise contracting ABB subsidiaries or end dates. The identified channel is a third-party company profile last stated to be valid in March 2021.¹

4.8 - Israeli market position

IVC describes ABB Israel as serving local infrastructure and industrial customers, including utilities, buildings, transport and other industrial sectors. The listing demonstrates broad stated sector coverage but does not establish ABB’s market share, national industry ranking or Israeli annual sales value.³

4.9 - Military and defence procurement

No public evidence identified of a specific direct procurement contract between ABB Ltd or ABB Technologies Ltd and the Israel Defense Forces or Israeli Ministry of Defence.

No public evidence identified of a verified ABB equipment delivery to a named Israeli military installation during 2024–2026.

4.10 - Reservist salary policies

No public evidence identified of an ABB-specific programme making additional discretionary salary payments to Israeli military reservists beyond generally applicable employment obligations.

4.11 - Settlement branches and distributors

No public evidence identified of an ABB Technologies Ltd office, warehouse or separately identified retail branch physically located within an Israeli settlement in the occupied West Bank or Golan Heights.

4.12 - Post-July-2024 continuation

The evidence of ABB equipment at Kalia concerns October 2017 and is therefore [pre-2020]. The historical profile supporting the Beitar finding was valid through March 2021. Neither document independently establishes a continuing supply, installation or maintenance act after July 2024 or November 2024. The status of those specific relationships at the research date is unknown.¹

The Israel Airports Authority’s official exemption notice, published on 23 April 2026, identifies ABB Technologies Ltd (ABB טכנולוגיות בע”מ) as the named supplier for support services covering MicroSCADA Pro SYS600 systems manufactured by ABB Technologies Ltd and installed in high-voltage systems at Ben Gurion Airport. The stated engagement period is 9 June 2026 to 8 June 2028. The notice describes the matter as a committee decision to exempt the engagement from competitive tendering. This constitutes direct official evidence of a specific Israeli public-sector commercial relationship within the audit’s 2024–2026 evidence period. The notice does not disclose the engagement’s monetary value or independently establish that all contracted services were delivered.^{24, 25}

Yifat solar project - company-name clarification (2012–2017 [pre-2020]). Primary project records identify the participating solar company as Solarit Doral Ltd (סולארית דוראל), commonly rendered as Doral Solar. Kibbutz Yifat’s 2017 financial and business report identifies Solarit Doral as a participant in the partnership holding the Refet HaEmek rooftop solar installation, alongside Energiat HaShemesh (אנרגיית השמש). Doral Group’s 2022 annual report independently identifies Solarit Doral Ltd and records its indirect participation in Y.R.D Shefa Solar Energy, Limited Partnership through Rapac Solarit in Refet Haemek Ltd. These records confirm the historical Yifat project participation described in section 4.5 but correct the company name “Dolar Solar” to “Solarit Doral”. The same correction applies to the Dolar Solar entry in section 5.6. The project company’s identity is supported by participant records, independently of the spelling used in the historical third-party account.^{26, 27}

Israel Airports Authority - documented commercial relationship (2026–2028). Israel Airports Authority procurement-exemption notice 44/2026, published on 23 April 2026, explicitly names ABB Technologies Ltd (ABB טכנולוגיות בע”מ) as supplier for support services relating to ABB-manufactured MicroSCADA Pro SYS600 systems installed in high-voltage infrastructure at Ben Gurion Airport. The notice records an engagement period beginning 9 June 2026 and ending 8 June 2028 and identifies the procurement procedure as a committee decision granting exemption from competitive tendering. This official procurement record confirms a specific public-sector commercial engagement extending into the 2024–2026 audit period and supersedes the unqualified statements that the current Israel Airports Authority relationship is unknown in sections 1.5, 4.7 and 5.6. It corroborates the procurement relationship already documented in section 4.12. The notice does not disclose contract value, amounts paid, actual service-delivery milestones or whether the entire engagement period will be completed.^{24, 28}

Corporate Structure & Foundational Ties

5.1 - Founding and incorporation

ABB Ltd is a Swiss corporate entity registered in Zurich. Swiss commercial-register information reproduced by Moneyhouse identifies its registration date as 5 March 1999 and its Swiss enterprise identification number as CHE-101.049.653. This supports Swiss legal domicile rather than Israeli incorporation.²⁹

ABB Asea Brown Boveri Ltd is a separate Swiss registered company with a commercial-register entry dated 15 January 1988. The register identifies Zurich as its legal headquarters and records its corporate purpose as holding interests in domestic and foreign enterprises. These records distinguish ABB’s Swiss historical corporate structure from its Israeli operating subsidiary.³⁰

5.2 - Israeli-Nexus Floor factual checks

• Founded in Israel: no public evidence identified for ABB Ltd; Swiss legal registration is documented.²⁹
• Headquarters in Israel: no public evidence identified for ABB Ltd; its documented legal headquarters are in Zurich.²⁹
• Israeli tax residency or Preferred Technology Enterprise status of ABB Ltd: no public evidence identified.
• Beneficial ownership or control of ABB Ltd by Israeli capital: no public evidence identified.
• Israeli operating subsidiary: ABB Technologies Ltd is identified as ABB’s Israeli subsidiary.³
• Israeli venture-capital investments: ABB Technology Ventures invested in TaKaDu, PointGrab and Hailo.^{5, 9, 14}

5.3 - Israeli subsidiary history

IVC identifies ABB Technologies Ltd as an Israeli subsidiary and gives 1947 as its historical establishment year. This is a directory statement about the Israeli operating entity and does not establish that Swiss ABB Ltd existed in 1947 or acquired the business that year. The acquisition date, acquisition consideration and complete chain of intermediate holding companies remain unverified.³

5.4 - Significant shareholders

Investor AB publicly reported an ABB holding of 14.3% in April 2025. Investor AB is a Swedish investment company founded by the Wallenberg family. Its published position identifies it as a significant minority shareholder, with no evidence in the statement of a majority holding or Israeli governmental control.¹⁸

No additional shareholder holding 10% or more could be independently verified from the permitted, opened sources for the precise research date.

5.5 - Chairman and board

A report of ABB’s 2026 annual general meeting identifies Peter Voser as chairman and lists David Constable, Frederico Fleury Curado, Johan Forssell, Denise C. Johnson, Jennifer Xin-Zhe Li, Geraldine Matchett, David Meline, Claudia Nemat and Mats Rahmström as the other directors re-elected in March 2026. This establishes their reported governance positions at that meeting; it does not itself establish individual Israeli investments.³¹

5.6 - Named-entity and controlling-principal search record

Each entry below records the named relationship, research focus and supported result or unresolved evidence gap.

• ABB Ltd: Swiss listed parent; Israeli subsidiaries, investments, settlements and governance searched. Swiss incorporation and historical investment and settlement-equipment relationships were documented.^{1, 29}
• ABB Asea Brown Boveri Ltd: Swiss historical group entity; incorporation and Israeli ownership searched. Swiss registration established; no independent Israeli controlling ownership established.³⁰
• ABB Technologies Ltd: Israeli operating subsidiary; location, operations, employment, tax, defence and settlement activities searched. Caesarea office and approximately 120 directory-reported employees identified.³
• ABB Technology Ventures: Group corporate investment operation; Israeli companies and financial transactions searched. Historical investments in TaKaDu, PointGrab and Hailo established.^{5, 9, 14}
• Investor AB: Significant shareholder; ABB ownership and separate Israeli exposure searched. A 14.3% ABB holding was reported in April 2025; no directly attributable Israeli settlement investment established in the reviewed evidence.¹⁸
• Peter Voser: ABB chairman; Israeli investments, defence-industry links and settlement affiliations searched. Chairmanship confirmed in March 2026; no public evidence identified of a relevant personal transaction.³¹
• Morten Wierod: ABB CEO; Israeli investments, military relationships and settlement affiliations searched. No public evidence identified of a relevant personal transaction.
• David Constable: ABB director; Israeli investment and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Frederico Fleury Curado: ABB director; Israeli investment and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Johan Forssell: ABB director; Israeli investments and state relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Denise C. Johnson: ABB director; Israeli investments and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Jennifer Xin-Zhe Li: ABB director; Israeli investments and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Geraldine Matchett: ABB director; Israeli investments and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• David Meline: ABB director; Israeli investments and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Claudia Nemat: ABB director; Israeli investments and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• Mats Rahmström: ABB director; Israeli investments and defence relationships searched. Directorship confirmed; no public evidence identified of a relevant personal transaction.³¹
• TaKaDu: Israeli venture investee; ABB ownership, water-sector contracts and government relationships searched. ABB Technology Ventures’ participation in 2012 financing established; current ownership unknown.^{5, 6}
• PointGrab: Israeli venture investee; ABB ownership and technology partnerships searched. ABB financing participation documented in 2015 and existing-investor status documented in 2016; current ownership unknown.^{9, 11}
• Hailo: Israeli venture investee; ABB financing and defence relationships searched. ABB Technology Ventures’ participation in March 2020 financing established; current ownership and specific defence procurement unverified.^{14, 15}
• Pentalum: Named historical Israeli venture-investment lead; ownership, technology and settlement relationships searched. No sufficiently verified transaction terms or current ownership identified.
• SCADAfence: Israeli cybersecurity participant; ABB partnerships and critical-infrastructure activities searched. Historical co-membership of the 2019 OT cybersecurity alliance documented.¹⁶
• Check Point Software Technologies: Israeli cybersecurity participant; ABB partnerships and commercial integration searched. Historical alliance co-membership documented; a separate Check Point–SCADAfence product integration is independently described.^{16, 17}
• Mekorot: Israeli national water company; ABB contracts and equipment relationships searched. Historical listing as an ABB partner identified; specific current contractual details unknown.¹
• Israel Electric Corporation: Israeli electricity utility; ABB procurement and settlement-infrastructure relationships searched. Historical partner listing identified; no independently verified current contract established.¹
• Israel Airports Authority: Israeli public infrastructure body; ABB contracts searched. Historical partner listing identified; current relationship unknown.¹
• Enlight Renewable Energy: Israeli renewable-energy developer; ABB solar supply relationships searched. Who Profits reports use of ABB solar inverters at a 55 MW Negev installation.¹
• Clal Sun Ltd: Kalia solar project participant; ABB product procurement and installation searched. Named as project participant in Who Profits; direct ABB contract not established.¹
• Kibbutz Kalia: Kalia project participant; settlement infrastructure and ABB equipment searched. Named in the October 2017 ABB equipment finding.¹
• RAPAC Infrastructure and Communication Ltd: Historical Yifat project investor; ABB supply relationships searched. Project ownership reported; direct ABB contract not independently established.¹
• Dolar Solar: Historical Yifat project investor; ABB supply relationships searched. Project ownership reported; direct ABB contract not independently established.¹
• Reft HaEmek: Historical Yifat project participant; ABB supply relationships searched. Project ownership reported; direct ABB contract not independently established.¹
• Bank Hapoalim: Historical Yifat financier; ABB-related project financing searched. Bank financing reported for the Yifat installation; no ABB corporate lending arrangement independently verified.¹
• ABB Robotics: ABB operating division; Israeli activities and ownership changes searched. No independently verified Israeli acquisition or settlement-specific act established within the examined sources.

5.7 - State ownership and governance

No public evidence identified of an Israeli government ownership stake, golden share, government-appointed director or constitutional veto right in ABB Ltd.

No public evidence identified of an ABB charter provision committing the company to Israeli state policy objectives.

5.8 - Controlling-principal investments

No public evidence identified establishing that Peter Voser, Morten Wierod or another named ABB board member personally owns a controlling investment in an Israeli settlement-operating business.

No public evidence identified of a named family-office vehicle controlled by an ABB executive making a verified investment in a settlement enterprise.

5.9 - Group attribution

ABB Technology Ventures’ documented investments are attributable to ABB’s corporate venture operation. The corresponding Israeli companies remain separately identified investees in the available evidence. The reviewed transaction records do not establish that TaKaDu, PointGrab or Hailo became wholly owned ABB operating subsidiaries.^{5, 9, 14}

Profit Repatriation & Economic Contribution

6.1 - Israeli operating revenues

ABB Technologies Ltd is identified as an operating subsidiary serving Israeli infrastructure and industrial customers. The accessible directory provides a business description and approximate workforce but does not disclose audited Israeli revenue, operating profit or tax expense. No reliable country-specific annual turnover figure was established.³

6.2 - Direct economic activity

ABB Group’s historical equipment presence at Kalia, reported inverter installations in the Negev and investment in Israeli technology companies document several channels through which ABB-associated capital or technology entered Israeli economic activity. The available records identify equipment and investment transactions but do not establish a complete cumulative Israeli revenue or profit figure.^{1, 5, 9, 14}

6.3 - Venture-capital flows

ABB Technology Ventures’ approximately $3 million reported participation in TaKaDu’s 2012 financing represents an identified historical capital flow to an Israeli technology business. Other investors participated in the $6 million round. The current fair value of ABB’s interest and subsequent dividends, capital gains or exit proceeds are not established.⁵

ABB Technology Ventures was among investors in PointGrab’s December 2015 financing, with the aggregate round reported at $5 million. A further $7 million round was reported in October 2016, when ABB was identified as an existing investor. ABB-specific allocation of funds within those rounds remains unverified.^{9, 11}

ABB Technology Ventures participated as a strategic investor in Hailo’s March 2020 $60 million Series B financing. The amount contributed by ABB was not individually disclosed in the examined announcement; the present investment valuation and subsequent disposal status remain unknown.¹⁴

6.4 - Israeli infrastructure ecosystem

Who Profits identifies historical ABB equipment used in electricity generation and distribution, including solar installations and a reported electricity-substation security-system application. These installations connect ABB-branded electrical and industrial technologies to Israeli energy infrastructure, with a specifically documented installation at Kalia in occupied territory. The source does not disclose ABB’s total economic benefit from those installations.¹

6.5 - Profit repatriation

The presence of ABB Technologies Ltd in Israel establishes a locally operating subsidiary associated with a Swiss multinational. The available documents do not disclose intercompany dividends, management fees, royalties, transfer-pricing payments or cash repatriation between ABB Technologies Ltd and foreign ABB entities. The direction and value of actual profit transfers remain unverified.^{3, 29}

6.6 - Israeli tax contributions

No public evidence identified establishing ABB Technologies Ltd’s annual Israeli corporation-tax payments, withholding taxes, VAT remittances or tax incentives.

No public evidence identified confirming Preferred Technology Enterprise status for ABB Ltd or ABB Technologies Ltd.

6.7 - Financial-sector relationships

Bank Hapoalim is identified by Who Profits as a financier of the historical Yifat solar installation. That reference concerns project financing for the solar installation; it does not establish that Bank Hapoalim financed ABB Ltd directly or that ABB underwrote an Israeli sovereign-debt issue.¹

6.8 - Parent-shareholder distribution

Investor AB publicly reported a 14.3% ABB equity position in April 2025. This establishes a significant Swedish shareholder entitled to participate in ABB’s shareholder distributions according to its rights. The publication does not establish that ABB dividends were transferred into Israel through Investor AB.¹⁸

6.9 - Material national economic role

IVC describes ABB Israel’s involvement in utilities, electrical infrastructure, industrial automation, transportation and building technologies. The directory reports around 120 employees but does not provide evidence that the subsidiary is among Israel’s largest industrial employers or holds a specified dominant national market share.³

6.10 - Continuity after the ICJ advisory opinion and ICC warrants

The identified Kalia equipment observation dates to October 2017 [pre-2020], while the documented TaKaDu and PointGrab financing events occurred in 2012–2016 [pre-2020]. The Hailo investment announcement dates to March 2020. These sources establish the historical acts described above but do not, individually, confirm their continuation after 19 July 2024 or November 2024.^{1, 5, 9, 11, 14}

No public evidence identified establishing a newly executed ABB contract specifically supplying a settlement installation during the period from 19 July 2024 to 26 October 2026.

Kalia - settlement-linked economic contribution and temporal limits. The documented installation of an ABB electrical enclosure at Kalia establishes that ABB-manufactured equipment formed part of the physical infrastructure of a settlement-associated electricity-generating project. The project is described by Who Profits as a 10.8 MW solar installation covering approximately 135,000 square metres. These figures establish project scale but cannot be treated as ABB’s individual economic contribution, contract value or revenue. The economic benefit attributable to ABB’s equipment is its contribution to the project’s electrical infrastructure; the extent to which the particular enclosure enabled generation, distribution or ongoing operation is not quantified. As of 26 October 2026 - no public evidence identified in the examined company profile establishing subsequent ABB deliveries, replacement equipment, maintenance payments, continuing ABB contracts or removal of the observed equipment. The original 2017 equipment observation remains historical evidence, with present equipment and contractual status unresolved.¹

Beitar - settlement-linked economic contribution and temporal limits. The reported ABB security-system involvement at Beitar establishes a historical technological contribution to electricity infrastructure serving settlements in the occupied West Bank. The identifiable downstream economic function is support for substation security and associated electricity-distribution infrastructure; the available record does not quantify electricity delivered, operational dependence on ABB technology, payments to ABB or any incremental revenue generated for the settlement-linked utility. The precise contractual and financial route remains undocumented. As of 26 October 2026 - no public evidence identified in the examined Who Profits record confirming a continuing ABB maintenance agreement, replacement contract, additional payment, termination or equipment removal after the profile’s stated information-validity date of 28 March 2021. The relationship’s residual operational and commercial status remains unknown.¹