BDI CODE 2014 - Israel's Leading Companies, Law Firms, Accounting Firms, Best Companies To Work For - page 14

Africa Israel AFI Group is an international holding and investment group.
The company was founded in 1934 by South Africa Jews and became
a public company traded on the TASE in 1973. The company operates
worldwide in real estate, construction and infrastructures, industry and
hotels. AFI Group, controlled by chairman Lev Leviev and managed by
CEO Avraham Novogrocki, is one of Israel's largest holding and real
estate companies and includes companies traded in Tel Aviv and London.
AFI Group's core operations focus on real estate, construction, infrastructures,
and hotels while taking the steps required to cope with the global economic
situation, international capital markets, and repercussions in every place
it conducts business. This strategy includes focusing on the development
and completion of major projects in Russia, Europe, and Israel, realizing
assets at good prices and worthy yields, and operating the Group's credit
and financing activities, with professional risk management in Israel and
abroad. The company also operates in the US through several assets it owns.
The Group's business policies rest on investment planning, locating business
opportunities, managing risks and supervising and controlling overall Group
activities in Israel and abroad. Realizing the Group's economic power is
expressed by creating synergy and business cooperation between the Group's
companies in Israel and abroad; generating stable, sustainable revenue, and
leveraging the Group's management ability and capital for future growth.
Real Estate
AFI Development (Russia)
– A public company traded on the London Stock
Exchange. Founded in 2001, the company coordinates operations in Russia
4 Derech Hahoresh, Yehud 5647003, Israel
+ 972-3-539-3535
+ 972-3-539-3523
Leading Executives
Nadav Grinshpon
Vice Chairman
Menashe Sagiv
Larisa Cohen
Corporate Secretary
Marc Groysman
CEO AFI Development
Avi Barzilay
Deputy CEO Africa Israel
Properties & CEO AFI Europe
Hagit Leviev Sofayev
Ronen Ginzburg
CEO Danya Cebus
Oren Hod
CEO Africa Israel Residences
Avi Motola
CEO Africa Israel Industries
& Negev Group
Ron Yariv
CEO Africa Israel Hotels
Line of Business
Holding Company
Established 1934
Avraham Novogrocki
Lev Leviev
AFI Group Africa Israel Investments Ltd.
AFI Palace Shopping Mall in Cotroceni, Romania
AFI Shopping Mall in Russia
and is one of the country's biggest real estate developers, focusing on large
projects in Moscow and other major Russian cities in residential, offices,
malls and hotels construction. AFI develops and owns some of Moscow's
biggest projects such as AFI Mall City shopping mall, the Ozerkovskaya
combining luxury homes, offices and a hotel, and Tverskaya Zastava, which
when completed will include offices and luxury homes. The company also
has a large land inventory bought with equity for future development in
exclusive areas of Moscow.
AFI Europe
– Coordinating the Group's European operations since 1998,
the company owns assets and projects being developed in the residential,
office and mall sectors in Romania, the Czech Republic, Poland, Germany,
Serbia, Bulgaria, Hungary, and Latvia. Notable assets and projects include
Belgrade's Airport City and Bucharest's Cotroceni Mall, Romania's largest
mall. The company also has a large land inventory bought with equity for
future development.
– Founded in 2002, the company coordinates the Group's US
operations focusing on exclusive residential projects and income producing
properties. The company owns assets in New York and commercial space
in the New York Times building, and the exclusive APTHORP residential
building, and properties in other cities.
Income Producing Assets in Israel
– The Group owns and manages
(mainly through its subsidiary Africa Israel Properties, traded on the TASE
since 2004) hundreds of thousands of square meters of income producing
properties including commercial centers, science and industrial parks and
office buildings.
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