Rassco (company)

[4][5][6] The company's initial goals were the establishment of agricultural settlements and industrial enterprises to assist in the absorption of German Jewish immigrants.

[7] Rassco was intended to be the central instrument for middle-class settlement and housing in Palestine.

[8][9] The founders were Yeshayahu Foerder, Georg Landauer, Ludwig Pinner, Arthur Ruppin and David Senator.

[4] In 1970, the Jewish Agency owned over 99 percent of the company shares and elected the entire board of directors.

[10] Other enterprises run by Rassco include a metal factory, a prefabricated building company, a hotel and a health resort.