Vega Real Estate Enterprise and Investment Ltd.

Founded in 2011 by Yoni Elkonin and Arthur Rudenko, Vega Real Estate Enterprise and Investment Ltd. is a premier real estate group specializing in development, engineering, construction, and manpower services within Israel’s construction industry. Over the years, Vega has expanded significantly, successfully executing a diverse portfolio of profitable projects, including investments in income-generating commercial properties and high-value renovation ventures, primarily in Tel Aviv and the central region of Israel.
Backed by strong financial stability, a highly experienced professional team, and a robust operational framework, Vega consistently delivers successful and high-quality real estate projects.

Operational Model

Vega’s business strategy revolves around reinvesting profits from its subsidiaries into income-producing commercial properties and value-enhancement projects. The group’s founders have demonstrated a strong ability to identify lucrative real estate opportunities in emerging neighborhoods, acquiring and upgrading properties to generate substantial returns.
Maintaining a low-leverage approach, Vega prioritizes financial sustainability by relying primarily on its own equity rather than external financing. Today, the company owns and leases multiple income-generating properties in Tel Aviv.

Vega’s leadership possesses extensive expertise across all aspects of the Israeli real estate market, from workforce management to planning, engineering, architecture, material sourcing, and construction execution. This deep industry knowledge provides a significant competitive advantage, enabling the company to oversee projects of various financial and engineering scales with precision and efficiency.

Group Structure

Vega Human Resources Ltd.
A specialized firm dedicated to human resource management in the construction sector, Vega HR excels in recruiting and placing highly qualified professionals, including engineers, safety managers, project managers, and senior executives.

Marom Professional Crane Services Ltd.
Established in 2019 following amendments to Israeli employment laws regarding crane personnel, Marom specializes in recruiting and placing certified crane operators at various licensing levels. The company ensures rigorous safety training every two years, emphasizing worker safety and compliance with industry regulations.

Vinci Engineering AR 2014 Ltd.
Registered with the Registrar of Contractors and a proud member of the Contractors Association, Vinci Engineering serves as an execution arm for contractors and private developers. Specializing in the construction of high-rise residential and commercial buildings, the company operates nationwide with a focus on central Israel.

Globe Shaked Foreign Workers Ltd.
With over 30 years of experience in managing construction personnel, this entity excels in sourcing, screening, and placing highly skilled workers from across the globe. Fully licensed to employ foreign labor, the company adheres strictly to all regulatory requirements, ensuring a high standard of professionalism and compliance.

Integrated Development and Execution

One of Vega’s key advantages is its ability to function both as a real estate developer and a construction company. This integrated approach, which also includes in-house architectural and design services, allows the company to:
• Optimize costs through streamlined operations
• Ensure strict adherence to project timelines
• Maintain full control over every phase of development and execution
By managing the entire process under one roof, Vega enhances efficiency and quality while maintaining financial discipline.