Danya Cebus
   HOME

TheInfoList



OR:

Danya Cebus is an Israeli construction company. It is a subsidiary of
Africa Israel Investments Africa Israel Investments Ltd. (AFI Group) is an international holding and investment company based in Yehud, Israel. The group consists of several private and public companies active in areas such as real estate, construction, infrastructure, ...
. It was founded in 1997. It is active in
Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...
,
Romania Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to ...
, and Israel.


History

In December 1960, a company called Dania Company for Development Ltd. was founded in order to build the Dania neighborhood in
Haifa Haifa ( ; , ; ) is the List of cities in Israel, third-largest city in Israel—after Jerusalem and Tel Aviv—with a population of in . The city of Haifa forms part of the Haifa metropolitan area, the third-most populous metropolitan area i ...
by investors from
South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...
. In 1964, the company began building the Ramat Dania neighborhood in
Jerusalem Jerusalem is a city in the Southern Levant, on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea. It is one of the List of oldest continuously inhabited cities, oldest cities in the world, and ...
. In April 1985, Dania Company for Development Ltd. was acquired by the Africa Israel Investments Company and became a subsidiary of Africa. In March 1986, the company changed its name to Dania Sibus Construction Company Ltd. In 1997, the Derech Eretz company was established by Dania Sibus and other partners in order to bid for the paving and operation of the central portion of the Cross-Israel Highway, and at the end of 1999 it began paving the road. In January 1997, Lev Leviev acquired control of Africa Israel from
Bank Leumi Bank Leumi (, lit. ''National Bank''; ) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust () Limited formed before in London by members of the Zionism, ...
, and reorganized its businesses. In December 1997, Dania Sibus Ltd. was incorporated as a private company fully owned by Dania Sibus Holdings (1965) Ltd. (which changed its name and is now called Africa Israel Residences Ltd.). In 2000, the company published a prospectus for a public offering, through which the company's securities were issued to the public and listed for trading on the
Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' a ...
. In June 2006, Africa Israel Residences was issued and listed for trading on the Tel Aviv Stock Exchange. In December 2010, Dania Sibus Ltd. entered into an agreement with Africa Israel Investments Ltd., under which it acquired all of Africa Israel's holdings in Africa Israel Residences Ltd. In 2015, the company's securities were delisted from trading on the Tel Aviv Stock Exchange, after a tender offer by Africa Israel Investments to the minority shareholders of the company. In January 2018, it was reported that the Israel Police had opened an investigation in Case 1803 - a case in which, according to suspicions, Dania Sibus transferred bribery money to David Bitan while he was serving as Deputy Mayor of Rishon LeZion, in exchange for promoting the company's interests. In March 2019, the police stated that sufficient evidence had been gathered to substantiate suspicions that the company and its CEO, Ronen Ginzburg, had committed the offense of bribery. In August 2019, an indictment was filed against the company and its CEO, Ronen Ginzburg, for offenses under the Economic Competition Law. Following the collapse of the Barzel parking lot, which the company built, the Tel Aviv District Attorney's Office (Criminal) notified the company, Ginzburg, and other suspects that their prosecution is being considered, subject to a hearing, on suspicion of causing death by negligence of six workers at the site. In January 2020, a debt settlement for the parent company, Africa Israel Investments, was completed, which included the sale of the company, including its ownership of the Dania Sibus company, to Lapidoth Capital, controlled by Jacob Luxenburg (80%) and Altshuler Shaham Gemel and Pension (20%). Following the sale, the company became private, but returned to the Tel Aviv Stock Exchange and was issued in February 2021.


Company's projects


Israel

* Highway 431 * Motza Bridge, Highway 1 *
Railway to Karmiel The Railway to Karmiel is a railway linking Haifa and Karmiel in northern Israel. It opened in 2017 and consists of a double track standard gauge railway stretching for 23 km from near Acre (Akko) to Karmiel. It branches eastwards from the Coa ...
(tunnels, stations) *
Pais Arena The Jerusalem Arena (, ''HaArena Yerushalayim''), renamed for the National Lottery Mifal HaPais grant as Pais Arena Jerusalem (, ''HaPais Arena Yerushalayim''), is a multi-purpose sports arena that was built in Jerusalem by the city council and N ...
*
Highway 6 Route 6, or Highway 6, may refer to routes in the following countries: International * AH6 (highway), Asian Highway 6 * European route E6 * European route E006 Albania * :de:Nationalstraße 6 (Albanien), National Road SH6 Argentina * P ...


References

{{DEFAULTSORT:Danya Cebus Construction and civil engineering companies of Israel Israeli companies established in 1997 Tel Aviv District Construction and civil engineering companies established in 1997