- CEO
- Ronen Yafo
- Full Time Employees
- 81
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Building D Yakum HM Israel 6097200
- IPO Date
- Feb 10, 1993
- Business
- Duniec Bros. Ltd. (DUNI.TA) operates as an Israel-based public construction company focused on residential real estate development. The company, directly and through subsidiaries including Dunietz Elad, initiates, plans, designs, develops, constructs, markets, and sells residential projects, with a primary emphasis on urban renewal initiatives such as pinui-binui (evacuate-and-build) and tazrif (redevelopment) programs; key offerings encompass luxury high-rise towers, neighborhood-scale residential complexes, and mixed-use developments featuring spacious apartments, commercial spaces, public facilities, and advanced community amenities. Current projects include Neve Magen Hadasha in a Tel Aviv suburb blending historical charm with modern green suburban living, Urban Park Rishonim in Rishon LeZion offering contemporary urban family housing near major transport axes, Uptown Ashdod comprising three 18-story luxury towers with meticulously planned spacious units, and Ramat Hadar in Givat Shmuel providing premium tower residences adjacent to education, commerce, and leisure facilities; the company targets private homebuyers, families, and young professionals in high-demand Israeli urban areas.
Founded in 1963 by Arieh Dunietz and Yohan Dunietz, originally as Doniec Bros Company Ltd. before renaming to Duniec Bros. Ltd. in November 1992, the company maintains dual headquarters references in Rishon LeZion at Jabotinsky 65 and Yakum Business Park, with primary operations across Israel including Tel Aviv metropolitan area, Rishon LeZion, Ashdod, Givat Shmuel, Petach Tikva, Jerusalem, Netanya, Haifa, and peripheral regions.
In recent strategic developments, the group has expanded through extensive urban renewal partnerships, including the acquisition of Beita Group, joint ventures on multiple Jerusalem projects, and purchase of a 50% stake in Israel Europe urban renewal company advancing initiatives in Netanya, Tel Aviv, Jerusalem, Haifa, and Petach Tikva; in April 2025, Dunietz Elad entered a major partnership securing one-third rights in a Petach Tikva pinui-binui project at Zabotinsky, Orlov, Rupin, and Yaakov Karol streets, entailing over 630 million ILS investment for 359 new housing units plus commercial and public spaces, with Dunietz Elad leading full management including planning, licensing, financing, marketing, and construction; these moves align with leading approximately 20 additional pinui-binui projects nationwide totaling around 9,270 planned units (2,250 existing), emphasizing complex large-scale residential zones with integrated infrastructure and community services.