Minrav Holdings Ltd.

Development, Engineering and Construction - Real Estate Infrastructure and Industrial Projects, Concessions, and Income-Producing Properties

Profile Icon

Company's Profile

Established: 1969
Line of Business: Development, Engineering and Construction - Real Estate Infrastructure and Industrial Projects, Concessions, and Income-Producing Properties
Address: 3 Ha’Bosem St., P.O.B. 153, Ashdod 710101
Phone: 972-8-8516262
Fax: 972-8-8516248
Website: http://www.minrav.co.il
Management Icon

Company Executives

  • Avraham  Kuznitsky, Minrav Holdings Ltd.

    Avraham Kuznitsky

    Founder & Chairman of the Board

    Minrav Holdings Ltd.

  • Pini  Dekel, Minrav Holdings Ltd.

    Pini Dekel

    CEO

    Minrav Holdings Ltd.

Additional Position Holders

    Dror Kuznitsky
    Ronen Shefer Deputy CEO
    Chaim Rotlevy CFO
    Pini Liberman CEO, Minrav Engineering
Icon About

About Minrav Holdings Ltd.

The Minrav Group is one of Israel’s leading real estate, infrastructure and construction companies. Originally founded in 1969 by Mr. Avraham Kuznitsky, who serves to date as Minrav’s Chairman of the Board. Minrav is involved in construction and infrastructure projects for the public, commercial and private sectors, development of residential projects in Israel and abroad, BOT concessions and lease and management of income-yielding properties. Since its inception, Minrav has stably grown due to its engineering excellence, its project management abilities, its ability to successfully provide comprehensive solutions for complex multidisciplinary projects and its compliance with strict international standards. Minrav has carried out and is carrying out some of the most complex national projects in Israel, including the IDF Training Base, Ben- Gurion Airport, the Jerusalem Railway Tunnels, The first private prison in Be’er Sheva, the Government offices tower in Tel Aviv, the Government offices in Jerusalem, IDF Shfifon military base in Shomria, a high-tech factory in Kiryat Gat and more. Since 1983, Minrav Holdings Ltd has been traded on the Tel Aviv Stock Exchange (Symbol: MNRV).

“Minrav, It Must Be Perfect” – Quality as a Guiding Principle

The Minrav Group is one of Israel’s leading groups in executing large and complex projects. Minrav is involved in projects that integrate advanced technologies and complex management, and works with leading international partners, while its performance is characterized by uncompromising quality and professionalism, adhering to strict international standards. Minrav’s technological and financial strengths enable it to carry out multi-disciplinary projects on time and efficiently, adhering to budgets and timetables, by utilizing operational and organizational management capabilities, which are customized for each client, for the best solution.

Clients

Minrav provides its clients with comprehensive solutions, including multi-disciplinary integration of various entrepreneurship and financing solutions, design and execution, asset management, production and supply of materials supported by the Group’s reputation and significant equity. The company’s 51 years of experience in real estate, entrepreneurship, construction, infrastructure and industry, together with its expertise, financial strength, and management vision, have made Minrav as the first-choice entrepreneurship and engineering company by business entities, government authorities and companies in all sectors for the execution of complex projects. Among its leading customers are many public entities, including the Ministry of Defense, the Ministry of Finance, the Airports Authority, Israel Railways, NTA and global companies.

Business segments

Construction and infrastructure contract work - the Group undertakes complex and large-scale construction projects for the public, business, and private sectors, as well as complex construction and finishing works and urban renewal projects.

Among its current projects:

Execution of the IDF legal complex “Neve Tzedek” - including military prison and courts of justice
• Execution of rehabilitation Hospital “Aleh Negev”
• Execution of The “Turkish Alignment Portal” as part of the Tel Aviv “red line” LRT
• Execution of finishing works in six underground stations as part of the Tel Aviv “red line” LRT
• Execution of a “Magen David Adom” complex,
• Students dormitories for the university of Be’er Sheva and IDC Herzliya
• Engineering and steel work in electrical production stations
• A wind turbines farm in Ramat HaGolan.

Among the primary projects that Minrav has executed throughout its years of operation:

• DBOT of The IDF’s Training Base (“Ir HaBahadim”) in the Negev for a total project lifetime costs of more than NIS 6 billion
• Execution of The “Shenkar Portal” as part of the Tel Aviv “red line” LRT
• Execution of The Ben Gurion Airport – airport terminal, bridges, and parking facilities
• Execution of The Tel Aviv Museum of Art
• Execution of 7.5 km of tunneling by TBM for the high-speed railway to Jerusalem
• Execution of The Government Campuses both in Tel Aviv and Jerusalem, comprising of more than 200,000 square meters
• Execution of The privately-owned prison in Be’er-Sheva
• Civil engineering and steel construction projects for Alstom, as part of the construction of the “Dalia Energy” power station
• “Yad Vashem” Museum complex in Jerusalem. Minrav has several partnerships with global companies, bringing their unique expertise and experience that is not available in Israel. Minrav owns one of the most advanced steel plants in Israel to produce steel constructions, equipped with the most advanced technical equipment and computerized planning and control systems.

Concessions - Minrav is a pioneer in the field of concessions in Israel. The Group is the major shareholder in the concessionaire, as well as the EPC and O&M contractors under the B.O.T agreement of the “IDF Training Base” (“Ir HaBahadim”) project, for 25 years. The IDF Training Base is the Ministry of Defense largest infrastructure project. The project is now in the O&M phase. The Group built and operated a wastewater treatment plant in Netanya, Be’er Sheva and Ben Gurion Airport. Minrav was a partner in the establishment of the first private prison in Israel, which was turned over to the State through the Prison Service after construction was completed.

Minrav is currently participating in several groups (some of which include leading global companies) for several significant concessions tenders, including the Tel Aviv fast lanes and the Tel Aviv LRT (purple and green lines).

Development of residential projects - Under its residence subsidiary, the Group developed residential complexes from land acquisition and statutory redevelopment for construction and delivery of residential units to its clients. The company has completed thousands of residential units in Israel and abroad. The company is currently involved in the design and construction of about 3,400 apartments nationwide, and hundreds of thousands of sq.m. of commercial space and offices. The company has recently commenced the execution of urban renewal (Pinui Binui) projects, such as in Bat Yam with the reconstruction of 220 new apartments, in Herzliya, Jerusalem, Givatayim, Yehud and more, with over 1,800 new apartments. In addition, the company is initiating over 150 residential apartments in New York City in four different projects in Manhattan and Brooklyn.

Lease and management of income-yielding properties - The Group leases and manages several properties, including the Science and Technology Park CITY TECH in Ashdod (32,000 sq.m.), the “Minrav Center” (28,000 sq.m.), and the biotechnology park at the Hadassah Ein Kerem Hospital in Jerusalem (15,000 sq.m.). Additionally, the company won (together with its partner) 4 tenders for developing, marketing and operating of long-term rental projects for residential in Israel, and is also involved in several multi-family projects (both value-added properties and under development) in the United States.

You may also like