Latest Articles
Category: Hitech
Afcon Electric Transport, a company owned by Afcon Holdings, is completing another phase of operating the largest public charging network in Israel. Afcon has recently completed the installation of charging stations in the Dan hotel network across the country. In recent months, Afcon has established dozens of fast charging stations in BIG complexes, across the Emek Hefer Regional Council and many kibbutzim nationwide. The hotels participating in the pilot are the Dan Hotels chain: Dan Tel Aviv, Dan Carmel, Dan Panorama Tel Aviv, Dan Eilat, King David and the Link Hotels chain. Udi...
Feb 3, 2020
Category: Government
"Accelerating communications infrastructure development will close the gaps between the periphery and the center. This requires telecommunications companies and municipalities to join hands and improve the situation," said Nati Cohen, director of the communications ministry, at a joint conference held by the firm on establishing communications infrastructure in the Bedouin communities in the south. Establishing the communications infrastructure in the Bedouin communities was a low national priority and these communities did not receive the level of infrastructure found in their localities...
Feb 3, 2020
Category: Health
The reports of Israeli public companies holding significant activity in China indicate that there is currently no significant impact on business. However, the expected harm is mainly in the tourism sector of Chinese who will not come to Israel. It is estimated that about 24,000 tourists from China will be canceled in the next two months. Most of them spend an average of seven nights per night. This is a loss of close to 170,000 overnight stays in February and march
Feb 3, 2020
Category: Law
A year and three months after he began serving his three years in prison, businessman and former IDB chairman Nochi Dankner is set to go free. This morning, a person who was previously considered the most powerful man in the economy and jailed for securities law offenses At the gate of a prison jail, a prisoner behind bars became a non-suspended prisoner. This, after last Thursday's release from the Ma'asiyahu Prison, approved his request for early release. The decision by the parole committee to order Dankner's release was made after the State Attorney's Office, through Attorney Gabi...
Feb 2, 2020
Category: Politics
The Federation of Consumer Authority examined the characterization of Israeli consumer behavior in 2019, and the results are fascinating. Only 43% of respondents believe that the conduct of businesses in Israel is fair, while 51% say it is unfair. It should be noted that the perception of fairness of Israeli businesses increases with the income level of the subjects. Another significant figure that emerges from the survey is that 80% of the Israeli public will stop buying from a business that infringes on its workers' rights, and a similar figure has suggested that it would be better to buy...
Jan 31, 2020
Category: Hitech
"US Comtech acquires Gilat Satellites for $ 577 million: The deal will be made in cash and shares, with the share price at $ 10.25 - the price at which the stock closed yesterday's trading at $ 10.11. The consideration - 70% cash and the remainder of Comtech. The main beneficiaries of the deal are the Ishi Davidi Phimi Fund, which holds 34.1% of the company's shares and will receive $ 181 million for them. Mivtach Shamir is the second largest shareholder in Gilat, with a 9.7% stake in the company's shares - you will receive $ 52 million for the shares. Gilat shareholders, including the...
Jan 29, 2020
Category: Financial
The aerospace industry's management continues to prepare for the issue, despite demands from the workers' committee that is delaying it. The management, headed by CEO Nimrod Shaffer, presented to the company's board of directors a long-term equity compensation plan for the aerospace industry, which will be implemented when the issuance of 25% of the company's shares is implemented. The remuneration program includes distributing shares to RSUs (shortening Restricted Share Units) that will mature over several years. The plan is in the approval stages of the Government Companies Authority and...
Jan 29, 2020
Category: Communication
ALTIS, HOT's parent company, confirmed to the stock exchange this morning that HOT had made an offer to acquire the full shareholding of Partner. Eltis, of Patrick Darhi, approved but did not specify the content of the proposal. HOT submitted an offer to acquire 100% of Partner for more than NIS 3 billion. If the proposal is approved, the first merger in the cellular industry is expected to take place, after long months of talks where HOT, controlled by Darhi, wants to merge with one of the companies, Cellcom or Partner. Partner also announced that it had received a purchase offer from...
Jan 29, 2020
Category: Hitech
Yotpo has announced its acquisition of SMSBump, the most complete SMS marketing solution designed for eCommerce brands, it was announced by Omri Cohen, COO & Cofounder, Yotpo. With this acquisition, Yotpo is the only eCommerce marketing platform to provide integrated solutions for reviews, visual UGC, loyalty, referrals, and SMS in one place, giving brands the unique ability to engage customers with smarter, cohesive, and higher-converting experiences across channels. The single-platform approach meets brands' growing desire to manage their direct-to-consumer (D2C) marketing activities...
Jan 29, 2020
Category: Law
Prime Minister Benjamin Netanyahu's announcement of a waiver of immunity is speeding his way to the bench, as Attorney General Avihai Mandelblit is no longer in charge of filing the indictment tomorrow morning. It is doubtful he will do so now that the prime minister is still in the US or back from his mission, but surely that will happen in the coming days
Jan 28, 2020
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