Solel Boneh

Overview

One of Israel’s largest general contractors. Handles large-scale civil and construction projects — military bases, commercial buildings, infrastructure. Has in-house subunits for concrete manufacturing, road construction, and equipment depots (e.g. a large warehouse in Palmachim). Runs a dedicated tendering department of 12–13 engineers and architects who estimate quantities and price bids.

Relationships

• Former employer of matan-amram (7 years).
• Competes with and similar to akrstein on project acquisition; Matan bridged the two companies when his former boss moved from Solel Boneh to Akrstein.

Notes

• Scale: large enough to have fully vertical supply chains (own concrete plants, equipment fleet, road division).
• Bids competitively on very large contracts (₪300M–₪500M+) and sometimes cuts margins (from ~20 to 18 NIS/m²) to win market share — a “be in the loop of work” strategy.
• Project profit margin benchmark: 7–8% is considered healthy.
• Even at Solel Boneh scale, internal project management runs on offline Excel files and WhatsApp — no live visibility system.

Mentioned in

• 2026-06-04-directions-matan-construction — referenced as matan-amram’s prior employer and benchmark for how large Israeli GCs operate.