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Lev Leviev: Lev Leviev Group
built 642 days ago
The Lev Leviev Group of Companies operates as a holding and investment company in the fields of diamonds, real estate, construction, energy, industry and fashion, tourism and leisure, communication, and high-technology. It engages in manufacturing, marketing, and retailing diamonds; developing and building shopping malls, and properties, and residential neighborhoods and buildings; constructing commercial and industrial projects; and owning and operating a range of refinery networks, public gas stations, and a chain of commercial centers in Israel and the United States. The company ... has interests in fashion, steel, and ceramic industries. In addition, it operates in the tourism sector by providing various tourist and leisure facilities, including hotel brands, and sport and country clubs, as well as spa, mineral, and health resorts. The Lev Leviev Group of Companies is based in Ramat Gan, Israel.
Leviev heads the Leviev Group of Companies (LGC), which conducts bustling business in diamonds, construction and infrastructure, fashion industry, communications, high-tech and media, real estate and tourism. The conglomerate's reach includes the U.S., Russia, South Africa, Namibia, Angola, New Zealand, Fiji Islands, Kenya, Singapore, India, Hong Kong, Italy, France and Britain. Russian newspapers report that President Lukashenko is negotiating the inclusion of LGC in huge construction projects in central Minsk, the capital of Belarus. According to newspaper reports, LGC is expected to invest in a variety of areas, including development of Belarus' cement industry, construction of entertainment centers and casinos, as well as infrastructure. Leviev could ... construct a hospital in Minsk, and invest in pharmaceuticals, tourism and health industries.
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"Lev Leviev has been dividing his time between his homes in Moscow, Bnei Brak, New York and London for several years. The flotation of AFI Development in London and his appointment as company chairman now requires of Leviev to stay in London on a longer-term basis. He will continue to fill his various roles within the group both in Israel and elsewhere," a company spokesperson said.
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Leviev bristles at the suggestion his company may not be investing in the future of Angolans. From his perspective, Angolans are indeed benefiting, at least in projects where Leviev holds sway. “Mr. Leviev committed to Angolan President Eduardo Dos Santos that he would help develop Angola’s mining sector,” says Zakish Zimmerman, one of Leviev’s top associates in Angola. “The Leviev Group has invested heavily in Angola in a way that will change the informal way of doing business into a more formalized, educated system that helps individual families,” he says.
With the fall of Communism in the early 1990s, Leviev expanded his business endeavors into Eastern Europe and the former Soviet Union. He received the blessings for success in business and personal support of the Lubavitcher Rebbe, Rabbi Menachem Schneerson for his philanthropic activities, which include "an army of some 10,000 Jewish functionaries from Ukraine to Azerbaijan, including 300 rabbis. Most of the 300 rabbis are Chabadniks" - adherents of the Brooklyn-based Chabad Hasidic group. In particular he sponsors many of the activities of the Jewish Learning Initiative.
[New York Times Building] Leviev Group reports annual revenue in excess of $2.5 billion and claims to be the largest source of diamonds outside De Beers. This week an initial public offering of the Russian holdings of Africa Israel Investments, now the third-largest publicly traded corporation in Israel, will price on the London Stock Exchange, Mr. Rosen says.
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