Rassco
Encyclopedia
Rassco is a neighborhood in central Jerusalem, Israel
, built by the Rassco housing company. Rassco is located between Rehavia
and Katamon.
Young families moving into the neighborhood have planted a communal garden as part of a wider initiative in Jerusalem to cultivate interest in nature and environmental protection.
, later Israel's first president, was the first chairman of the board. The company's initial goals were the establishment of agricultural settlements and industrial enterprises to assist in the absorption of German Jewish immigrants.
Rassco was intended to be the central instrument for middle-class settlement and housing in Palestine. The founders were Yeshayahu Foerder
, Georg Landsberg, Ludwig Pinner, Arthur Ruppin
and David Senator.The company built residential neighborhoods all over Israel, including the Rassco neighborhood in Jerusalem that bears its name.
In the 1950s, Rassco was listed on the Tel Aviv Stock Exchange. In the 1960s, Rassco built large-scale housing projects in Iran
. In 1970, the Jewish Agency owned over 99 percent of the company shares and elected the entire board of directors.
Other enterprises run by Rassco include a metal factory, a prefabricated building company, a hotel and a health resort.
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
, built by the Rassco housing company. Rassco is located between Rehavia
Rehavia
Rehavia is an upscale Jerusalem neighborhood located between the city center and Talbiya.-History:Rehavia was established on a large plot of land purchased in 1921 from the Greek Orthodox Church by the Palestine Land Development Company . The area was known at the time as Ginzaria, a native...
and Katamon.
Young families moving into the neighborhood have planted a communal garden as part of a wider initiative in Jerusalem to cultivate interest in nature and environmental protection.
Rassco company
Rassco (Rural and Suburban Settlement Company) was established in 1934 at the initiative of the Jewish Agency. Chaim WeizmannChaim Weizmann
Chaim Azriel Weizmann, , was a Zionist leader, President of the Zionist Organization, and the first President of the State of Israel. He was elected on 1 February 1949, and served until his death in 1952....
, later Israel's first president, was the first chairman of the board. The company's initial goals were the establishment of agricultural settlements and industrial enterprises to assist in the absorption of German Jewish immigrants.
Rassco was intended to be the central instrument for middle-class settlement and housing in Palestine. The founders were Yeshayahu Foerder
Yeshayahu Forder
Dr Yeshayahu Forder was a German-Israeli lawyer and politician who served as a member of the Knesset for the Progressive Party between 1949 and 1957.-Biography:...
, Georg Landsberg, Ludwig Pinner, Arthur Ruppin
Arthur Ruppin
Arthur Ruppin was a Zionist thinker and leader. He was also one of the founders of the city of Tel Aviv, and a pioneering sociologist credited as being "The Father Of Jewish Sociology", directing Berlin's Bureau for Jewish Statistics and Demography from 1902 to 1907...
and David Senator.The company built residential neighborhoods all over Israel, including the Rassco neighborhood in Jerusalem that bears its name.
In the 1950s, Rassco was listed on the Tel Aviv Stock Exchange. In the 1960s, Rassco built large-scale housing projects in Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
. In 1970, the Jewish Agency owned over 99 percent of the company shares and elected the entire board of directors.
Other enterprises run by Rassco include a metal factory, a prefabricated building company, a hotel and a health resort.