DUN'S 100 - 2016

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Construction & Real Estate
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2016 | DUN’S 100 DUN’S 100 | 2016
DUN’S 100 | 2016 2016 | DUN’S 100
26 Construction, Development & Infrastructure
RANK
Shatit Ltd.
Shatit Ltd. was founded in 1988 and has
a broad range of unlimited contractor
classifications for construction, devel-
opment and bridges. The company is recorded
in the contractors registry and has ISO 9001
certification and meets the most rigorous con-
struction quality standards.
The company is managed and owned by Mr. Sha-
lom Shitrit, which formed a first rated staff and
generated the company’s growth momentum
and increased profits.
Over the past decade, the company has built
over 400 projects and successfully marketed
them, and fulfilled its capabilities during good
times and during crises in the domestic market
through consistent sustainable growth. This was
achieved through the right marketing strategy
and management policies coordinating all units
to accomplish the Group’s annual targets.
The company’s customers include over 2,000
homeowners in housing units throughout
the country. Shatit’s commercial customers
include Mifal Hapayis, not-for-profit organiza-
tions, hospitals, senior citizens homes, univer-
sities, education institutions, local authority
economic companies, Local Government Eco-
nomic Services Ltd., private developers, and
municipalities.
Company Vision
Since its establishment, the company operates
according to a business plan with targets, while
identifying future trends in Israel’s construction
market and leading themwithout compromising
the ability to control management procedures.
Consequently the company strives to realize its
target of being one of Israel’s leading develop-
ment and construction companies. The company
has been able to hire a skilled, experienced and
highly professional staff that is the most impor-
tant asset for the company’s management.
Staff includes engineers, construction teams
and management head office – all supported
by the company’s vision and committed to
provide customers an overall excellent service
experience.
Focusing on Comprehensive Services
S. Shitrit Group comprises four specialist com-
panies providing complete service for various
construction challenges:
Shtiron Investments Co. Ltd. – Operates as
Shatit’s parent company and specializes in
project development.
Shatit – Is the main implementation arm of
Shtiron Investments for large scale and highly
complex development and contracting work,
contracts, public and residential construction.
Shatit specializes in projects ranging from hun-
dreds of homes, schools, hospitals, student
hostels, senior citizens homes, day care centers,
country clubs and swimming pools, auditori-
ums, cemeteries, and infrastructure work and
a range of civil engineering tasks.
The company has an order backlog of NIS 1.2
billion, annual sales of about NIS 400 million,
and equity of about NIS 65 million.
Shatit has a subsidiaryShatit BuildingsStrength-
ening, which specializes in urban renewal and
earthquake retrofit projects around the country,
which are worth about NIS 120 million.
S. Shitrit Engineering Ltd. – The company is
highly experienced in urban renewal and in the
Retention and expansion of public and private
structures.
Among others, the company also specializes
in the establishment of residential complexes,
kindergartens, Hotels renovation, etc. The
company’s leading projects include a “Mechir
Lamishtaken” project in Yeruham, about 200
units, as well as a new residential neighborhood
in Harish, about 215 units.
S. Shitrit has an orders backlog of about NIS 200
million, annual sales of about NIS 125 million,
and equity of NIS 25 million.
M.M.S. Hotels – Specializes in developing and
building hotels. The company owns the Villa Car-
mel boutique hotel in Haifa, which is ranked as
one of Israel’s top ten boutique hotels. The hotel
has remarkable rooms that are impressively de-
signed as well as a spa and restaurant.
The company plans starting construction of ad-
ditional two hotels by 2016 – a boutique hotel
in the Carmel Forest with 75 rooms and a con-
ference center, country club, spa and natural
health center, at an investment of NIS 50 million.
A hotel in Haifa’s German Colony next to the
Bahai Gardens with 160 room, a luxury shop-
ping center, events halls, at an investment of
NIS about 110 million.
Activities for the Community
In the past decade, the company has contrib-
uted its abilities to implement projects as well
as direct donations. The company has among
other things built facilities for Enosh in Kiryat
Yam, renovated the building of the Ahava orga-
nization, and a hostel for battered women. The
company also contributes student scholarships,
and donates to women’s organizations, round
table, the Horfish children’s residential village,
synagogues, sponsoring basketball team in
Haifa and more.
Esta b l i s h e d
1988
L i n e o f B u s i n ess
Residential Development, Marketing and
Construction; Construction of Public and Commercial
Buildings; Development, Infrastructures, Hotels
ב י ת י ש ר א ל י א מ י ת י
15 Hamesila St., Nesher
Tel: 972-4-8550770
Fax: 972-4-8551771
Moti Ben-Ami
Executive V.P. *
Moshe Cohen
V.P., Engineering *
Hanna Oirik
V.P., Marketing & Sales *
Shalom Shitrit
CEO & Owner *
* See Top Executives Profiles - Page 582