Danya Cebus

Danya Cebus
Company typePrivate
Founded1997
Headquarters1C Yoni Netanyahu Street,
Or Yehuda
,
Israel
Number of employees
1,744
ParentAfrica Israel Investments
Websitedanya-cebus.co.il

Danya Cebus is an Israeli construction company.[1] It is a subsidiary of Africa Israel Investments.[2] It was founded in 1997.[3] It is active in Russia, Romania, and Israel.[2][4]

History

In December 1960, a company called Dania Company for Development Ltd. was founded in order to build the Dania neighborhood in Haifa by investors from South Africa.[5] In 1964, the company began building the Ramat Dania neighborhood in Jerusalem.[6]

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.[7]

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.[8]

In January 1997, Lev Leviev acquired control of Africa Israel from Bank Leumi, 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. 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.[9]

In August 2019, an indictment was filed against the company and its CEO, Ronen Ginzburg, for offenses under the Economic Competition Law.[9]

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.[10]

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.[11]

Company's projects

Israel

References

  1. ^ "Danya Cebus Ltd". Bloomberg. Retrieved January 23, 2016.
  2. ^ a b "Danya Cebus". AFI Group. Archived from the original on January 31, 2016. Retrieved January 23, 2016.
  3. ^ "Dun's 100: Danya Cebus". Globes. Archived from the original on February 2, 2016. Retrieved January 23, 2016.
  4. ^ "Nam Tower, Tel Aviv". Danya Cebus. Retrieved January 23, 2016.
  5. ^ "⁨2 חברות זרות רוצות לבבות שכונווז בחיפה ⁩ — ⁨⁨מעריב⁩ 12 מרץ 1961⁩ — הספרייה הלאומית של ישראל │ עיתונים". www.nli.org.il (in Hebrew). Retrieved 2024-05-07.
  6. ^ "⁨"קרית דניה* תוקם במערב ירושלים ⁩ — ⁨⁨דבר⁩ 19 אפריל 1964⁩ — הספרייה הלאומית של ישראל │ עיתונים". www.nli.org.il (in Hebrew). Retrieved 2024-05-07.
  7. ^ "⁨_JB^^I _^Hrrl ^^^B _V^^^ T V_I _^ JB י _j^^^^^^^^H 11 f ⁩ — ⁨⁨מעריב⁩ 18 פברואר 1986⁩ — הספרייה הלאומית של ישראל │ עיתונים". www.nli.org.il (in Hebrew). Retrieved 2024-05-07.
  8. ^ "פרויקט חוצה ישראל הביא לגידול של 21% ברווחי דניה סיבוס ברבעון השלישי ל-8.4 מיליון שקל". TheMarker. Retrieved 2024-05-07.
  9. ^ a b גנון, תומר (2020-07-09). "הסדר טיעון בפרשת דניה סיבוס: חודשיים עבודות שירות למנכ"ל רונן גינזבורג". כלכליסט - www.calcalist.co.il. Retrieved 2024-05-07.
  10. ^ חזני, גולן (2020-01-22). "הסדר החוב הושלם: אפריקה ישראל נמחקה מהבורסה אחרי 47 שנה". כלכליסט - www.calcalist.co.il. Retrieved 2024-05-07.
  11. ^ כהן, עומרי (2021-02-26). "דניה סיבוס גייסה 146 מיליון שקל ומצטרפת לבורסה בת"א". Globes. Retrieved 2024-05-07.
  12. ^ Baron, Lior (March 25, 2009). "Danya Cebus gets Road 431 opening grant". Globes. Retrieved December 9, 2018.
  13. ^ Barkat, Amiram (October 25, 2012). "Danya Cebus wins Road 1 Motza bridges tender". Globes. Retrieved December 9, 2018.
  14. ^ Paz-Frankel, Einat (September 12, 2012). "Danya Cebus wins Akko-Carmiel rail tender". Globes. Retrieved December 9, 2018.
  15. ^ "פרויקט ארנה בירושלים יוצא לדרך: דניה סיבוס תקים את היכל הספורט תמורת 90.5 מיליון שקל". TheMarker. Retrieved 2024-05-07.
  16. ^ "כביש 6 חוצה ישראל". קבוצת דניה (in Hebrew). 2018-11-21. Retrieved 2024-05-07.

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