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Key people at Shikun and Binui ARISON GROUP.
Shikun & Binui is a global infrastructure, real estate, and energy firm based in Israel. It develops and constructs large-scale civil engineering projects, from transportation to commercial and residential buildings. The company also operates as an independent power producer, increasingly focusing on renewable energy solutions like solar and battery storage.
Its origins trace to 1924, when the Histadrut, Israel's General Organization of Workers, founded Solel Boneh. This entity addressed crucial infrastructure and housing needs in British-ruled Palestine, establishing core expertise for developing the nascent nation's physical assets.
Shikun & Binui serves diverse public and private clients, delivering critical infrastructure, construction, and sustainable energy projects globally. Its vision emphasizes responsible development and fostering sustainable urban environments. The company aims to lead in resilient infrastructure and green building, shaping a sustainable future worldwide.
Key people at Shikun and Binui ARISON GROUP.
Shikun & Binui is Israel's leading infrastructure and real estate company, operating as a global business group through subsidiaries in over 20 countries across infrastructure, real estate development, energy, concessions, water, and renewables.[2][3][7] It builds large-scale projects including highways, tunnels, power stations, and residential developments, serving governments, municipalities, and private clients while addressing urbanization, sustainability, and energy needs; as of late 2022, it had 9,192 employees, NIS 7.7 billion in trailing 12-month revenue, NIS 23 billion backlog, and NIS 4.7 billion market cap.[3] Previously controlled by Arison Investments (part of the Shari Arison family office) for 22 years until its sale to the Saidoff Group, the company emphasizes ESG principles like renewables, desalination, and waste treatment, with strong growth in international operations.[1][2]
Shikun & Binui traces its roots to 1924, when it began as Solel Boneh, a construction firm under British-ruled Palestine linked to the Histadrut labor federation, building foundational Israeli infrastructure.[4][8] In 1996, as part of Histadrut privatization, shares were sold to employees with guarantees from Ted Arison (later controlled by his daughter Shari Arison's Arison Investments), which acquired a controlling stake and reorganized the company into Israel's top contractor, executing projects like hotels, junctions, and reserves.[1][2][8] Arison Investments bought out partners in the early 2000s, holding control until selling to the Saidoff Group after 22 years; in December 2024, Amit Birman became Chairman and CEO.[1][2]
Shikun & Binui rides infrastructure megatrends like urbanization, renewable energy transition, and climate resilience, capitalizing on global demand for sustainable projects in water, power, and transport amid net-zero goals.[1][2][3] Timing aligns with Israel's tech-driven economy and international PPP (public-private partnership) models, where its engineering prowess supports smart cities and green energy; market forces like energy security and ESG investing favor its renewables and desalination expertise.[2][7] It influences the ecosystem by pioneering sustainable construction standards, enabling tech integration in infrastructure (e.g., sensor-equipped barriers), and expanding Israel's construction model abroad, though controversial projects in occupied territories draw scrutiny.[5][6]
Under new ownership by the Saidoff Group and leadership of Amit Birman, Shikun & Binui is poised to accelerate international expansion and ESG-aligned growth, leveraging its massive backlog amid rising global infrastructure spend.[1][2][3] Trends like AI-enhanced construction, circular economy practices, and climate adaptation will shape its path, potentially boosting margins through tech efficiencies and renewables. Its influence may evolve toward leading sustainable mega-projects worldwide, building on a century-old legacy from Solel Boneh to global leader—transforming housing and infrastructure as it did for Israel's founding.[4][8]
