Minrav Holdings Ltd.

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

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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
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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 CEO, Minrav Projects Ltd.
    Pini Liberman CEO, Minrav Engineering
    Chaim Rotlevy CFO
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About Minrav Holdings Ltd.

Minrav Group is one of Israel’s leading real estate and construction companies. Originally founded in 1969 by Mr. Avraham Kuznitsky, who now serves as Minrav’s Chairman. Minrav is involved in contracting work for construction and infrastructure projects in the public, commercial and private sectors, development of residential projects in Israel and abroad, BOT concessions and lease and management of yielding properties. Since its start, Minrav has grown thanks to engineering excellence, comprehensive solutions in respect of complex multidisciplinary projects and compliance with strict international standards. Minrav has carried out and is carrying out several of the most complex national projects in Israel, including the IDF Training Base, Ben- Gurion Airport 2000, the Jerusalem Rapid Railway Tunnels, the private prison in Be’er Sheva, etc. Since 1983, Minrav has been traded on the TASE. Furthermore, its subsidiary Minrav Projects Ltd. completed an IPO in 2007.

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

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

Clients

Minrav provides its customers with comprehensive solutions, including multi-disciplinary integration of entrepreneurship and financing, planning and execution, asset management, production and supply of materials, supported by the Group’s reputation and its equity. Minrav’s rich experience in real estate, entrepreneurship, contracting, infrastructure and industry, together with its expertise, financial strength, and vision, have made it the engineering company chosen by government authorities and companies in all sectors. Among its leading customers are public entities, including the Ministry of Defense, the Ministry of Finance, the Airports Authority, Israel Railways, NTA and international companies.

Operations

Contracting – the Group undertakes complex and large-scale contracting projects for the public, business, and private sectors. Recently, a new division specializing in finishing works and Tama 38/1 initiation was established.

Among its current projects:
• The “E” Extension” (“Fourth Concourse”) and the eastern taxiways, aprons, and parking stands at Ben Gurion Airport
• Construction of the Neve Tzedek complex – an IDF legal compound and detention base the Beit Lid complex 
• Office Buildings in Rehovot Employment and Hi-Tech Complex
• The Long-Term Care Hospital “Aleh Negev” near the Negev Junction
• The “Turkish Track Portal” in the Tel Aviv light rail “red line”.
• Finishing works in several subterranean stations in the light rail “red line”
• The Magen David Adom complex that would host the organization’s headquarters and a sheltered blood bank storage
• Several dormitories in Be’er Sheva and Herzliya for the university and the Interdisciplinary Center
• A wind turbines farm in Ramat HaGolan.

Among the primary projects that Minrav has executed throughout its years of operation:
• The IDF’s new Training Base (“IDF Training Base City”) near the Negev Junction at a cost of more than NIS 6 billion
• “Shenkar Portal” for the “red line” of the light rail
• Ben Gurion Airport 2000 – airport terminal, bridge, and parking facilities
• Building The Tel Aviv Museum of Art
• 7.5 km of tunneling by TBM for the high-speed railway to Jerusalem
• The Government Campuses in Tel Aviv and Jerusalem, with an area of more than 200,000 square meters
• Construction of the new Israel Railway complex in Lod
• A 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 – the lobby, school, archive, memorial site, and museum compound. Minrav has several partnerships with foreign 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. The plant is equipped with advanced technical equipment and computerized planning and control systems. All production processes meet the strictest quality tests.

Concessions – Minrav is a pioneer in the field of concessions in Israel. The Group is the largest shareholder in the concessionaire, as well as the EPC and O&M contractors under the B.O.T agreement for the design, finance, construction, operation, and maintenance of the “IDF Training Base City” project, for 25 years. The IDF Training Base is the Ministry of Defense largest infrastructure project, The project is now at the O&M phase. The Group built and operated a wastewater treatment plant in Netanya, which was returned to the municipality at the end of the concession period. The Group has also initiated, built, and continues to operate wastewater treatment plants in 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 State management through the Prison Service after construction was completed. Minrav is currently participating in several groups (some of which include international companies) for other significant concessions tenders, including the IDF Logistics Centers and Intelligence City, and Tel Aviv fast lanes and light rail.

Development of residential projects – Under its subsidiary Minrav Projects Ltd., the Group develops residential complexes from land acquisition and statutory redevelopment to construction and delivery and has completed thousands of residential units in Israel and abroad. The company is currently involved in the planning and construction of about 3,400 apartments and hundreds of thousands of sq.m. of commerce and offices spaces in Herzliya. In addition, the company recently completed the population of several projects, such as: Holon 111 units; Haifa 156 units; Be’er Ya’akov 147 units; Jerusalem 160 units and a commerce and parking floor; Acre 268 units; Beitar Illit 90 units. In addition, the company started the execution of an urban renewal (Pinui Binui) project in Bat Yam with the evacuation of 51 families and the reconstruction of 220 apartments. In addition, the company would soon start executing additional Pinui Binui projects, in Herzliya, Jerusalem Givatayim, Yehud and more with an overall sale scope of more than 1,800 new apartments. In addition, the company is initiating and developing more than 150 apartments in New York in four different projects.

Lease and management of yielding properties – The Group leases and manages properties under the BOT method, including the Science and Technology Park in Ashdod (32,000 sq.m.), the “Minrav Center” (28,000 sq.m.), and the construction and operation of the biotechnology park at the Hadassah Ein Kerem Hospital in Jerusalem (15,000 sq.m.). Moreover, the company also participates in a number of real estate projects in the United States in this field.

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