BDI

Minrav Holdings Ltd.

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

Profile

Founding Year 1969
Address 3 Ha'Bosem St., P.O.B. 153, Ashdod 77101 - View Map
Phone 08-8516262
Fax 08-8516248
Company Website www.minrav.co.il
   
   
   

Managers

Avraham Kuznitsky, Chairman of the Board, Minrav Holdings Ltd.

Avraham Kuznitsky

Chairman of the Board

Pini Dekel, CEO, Minrav Holdings Ltd.

Pini Dekel

CEO

About


The Minrav Group is one of Israel's leading real estate 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 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 infrastructure projects in Israel, including the IDF Training Base, Ben- Gurion Airport 2000, the Jerusalem high-speed Railway Tunnels, the private prison in Be'er Sheva, and more. Since 1983, Minrav Holdings Ltd has been traded on the Tel Aviv Stock Exchange (Symbol: MNRV). Furthermore, its subsidiary, Minrav Projects Ltd. accomplished an IPO in 2007.

Other Senior Managers

Dror Kuznitsky

CEO, Minrav Projects

Pini Liberman

CEO, Minrav Engineering

Chaim Rotlevy

CFO

“Minrav, It Must Be Perfect” – Quality as a Guiding Principle
The Minrav Group is one of Israel’s leading groups executing large and complex projects. Minrav is involved in projects that integrate advanced technologies and works together with global subcontractors and partners, while its performance is characterized by uncompromising strict 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 entrepreneurship and financing, design and execution, asset management, production and supply of materials (the company has a steel construction plant), supported by the Group’s reputation and significant equity. The company’s vast experience in real estate, entrepreneurship, contracting, infrastructure and industry, together with its expertise, financial strength, and management vision, have made Minrav as the first choice engineering company by government authorities and companies in all sectors. 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 – the Group undertakes complex and large-scale construction projects for the public, business, and private sectors. Recently, a new division specializing in complex construction and finishing works as well as “Tama 38” projects was established.

Among its current projects:
• Execution of the IDF legal complex “Neve Tzedek” – including military prison and courts of justice • Execution of Office Buildings in Rehovot Hi-Tech district • 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 the central blood storage complex and headquarters of “Magen David Adom” • Several students dormitories for the university of Be’er Sheva and IDC Herzliya • 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 life-time 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 2000 – 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 raleway to Jerusalem • Execution of The Government Campuses both in Tel Aviv and Jerusalem, comprising of more than 200,000 square meters • Execution of The new Israel Railway headquarters complex in Lod • 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 for the design, finance, construction, operation, and maintenance 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 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 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 IDF Logistics Centers , the IDF Intelligence Campus, the Tel Aviv fast lanes and theTel Aviv LRT (purple and green lines).
Development of residential projects – Under its subsidiary, Minrav Projects Ltd. (Symbol: MNPR), the Group develops residential complexes from land acquisition and statutory redevelopment to construction and delivery of residential units and 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 and appx. 200,000 sq.m. of commercial space and offices in Herzliya. The company recently completed the occupancy of several projects, including: 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. The company has recently commenced the execution of an urban renewal (Pinui Binui) project in Bat Yam with the evacuation of 51 families and the reconstruction of 220 apartments, and 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 Group is developing more than 150 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 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 also involes in sevearl multi-family projects (both value-added properties and under development) in the United States.

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