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Established in Israel and operating in the United States in recent years, Corindus was sold to Siemens Healthineers, part of the German Siemens Group, for $ 1.1 billion. The company was set up in the Technicon incubator called Navicath, attended by Prof. Rafi Biar who recently retired from the position of CEO of Rambam Hospital and entrepreneur Tal Wandrow. The company was originally founded to solve the medical problems of the doctors who work in the catheterization room. These doctors are exposed to a great deal of radiation, and their health is also damaged by wearing lead aprons to...

Frutarom, which was acquired by the US IFF last year at a huge exit, made unapproved payments" as part of its operations in Russia and Ukraine, IFF noted with the release of its Q2 2019 financial statements. According to IFF's preliminary findings, one of the top executives allegedly involved in the payments in question is Uri Yehudai, former president and CEO of Frutarom. In the merger deal completed last October, Yehudai was to serve as an outside advisor to the company, but is not yet a consultant. A Jewish response was received

Space-x successfully launched Israeli "Amos 17" satellite on the Falcon 9 launch carrier tonight. The launch was initially planned for the night between Saturday and Sunday, but was postponed due to a launcher valve failure. In a rainy weather area and the launch window tonight was postponed for half an hour following a lightning storm that occurred several hours before the launch. The launcher on which the satellite is stationed has been launched twice into space in the last two years and since it is his last mission - and it will not be recycled again - the amount of fuel is higher than...

The GPS disruptions, which have been felt since June in the area of ​​Ben-Gurion Airport and in Israel and the area, have suddenly stopped in recent days. It is still unclear whether the interruptions have ceased following the intervention of Israeli security officials and the National Cyber ​​Arrangement that took responsibility for the matter, but El Al Airline which instructed its pilots last month to disconnect the GPS components before landing at Ben Gurion Airport updated its pilots from now on as usual. At the end of June, the International Pilots Association warned pilots of losing...

The Israel Police has concluded an investigation into Deputy Health Minister Yaakov Litzman, on suspicion of allegedly exploiting his position and authority in the Ministry of Health, with the aim of improperly influencing the discretion of a variety of professionals subject to him in the ministry. Among other things, Litzman was investigated on suspicion of trying to influence a psychiatric opinion of a suspect in pedophilia. The findings of the interrogation were transferred two weeks ago to the Prosecutor's Office, which will examine whether to indict Deputy Minister Litzman. The...

Legislative amendment to fight construction accidents is expected to receive a green light from the Justice Department soon. This memorandum of law will allow the Ministry of Housing to revoke a license from a contractor whose site caused a fatal accident that resulted in death The bill will include a work stoppage on all contractor job sites. The bill's memorandum, drafted by Construction and Housing Minister Yifat Shasha-Biton (all of us), is already provoking anger among contractors who fear the severe crackdown. According to estimates by officials, the Justice Department is expected to...

The Israel Postal Company begins their first cooperation with Swiss Post, which aims to identify technological solutions to the common challenges facing postal companies worldwide in the field of online commerce and logistics. The company is currently inviting start-ups and Israeli enterprises to offer advanced technological solutions that will meet the needs of both postal companies. This move is led by Maya Calderon, VP of Innovation & Business Development, Israel Postal Company, as part of the strategy to promote technological solutions, local business development and embracement of...

In 2018 there was a further decline in the number of decisions dismissing the bankrupt from their debts. In this year, 7,325 orders were issued by the courts exempting ordinary debtors from their debts, a decrease of 4% compared to 2017. In 2016, 6,587 such orders were issued. However, no similar "line" of declines was recorded in the companies' arena. During the year 2018, 1,207 dissolution requests were filed - a 2.3% increase in the number of liquidation requests compared to 2017. Among the companies that collapsed last year were Honigman, one of Israel's largest and most famous fashion...

The Harel insurance group was selected by Japan's largest insurance giant Tokyo Marine Holidings to cooperate in locating Israeli high-tech companies in the fields of innovation and digitalization. According to the agreement, the Harel Group and Tokyo Marine will act to locate Israeli companies engaged in innovative technologies and services, and the Harel Group will have access to Tokyo Marin's leading technology infrastructure. The collaboration was led by the Deloitte consulting firm. Japan's Tokyo Marin Group is one of the leading insurance companies in the world. The company was...

The Ministry of Justice's Privacy Protection Authority revealed that it had handled 146 serious cyber incidents in the past year that violated Israel's information protection regulations, while only 103 of them were reported by hacker victims as required. The rest of the cases were revealed following external complaints and interrogations. Of all the cases, 13% of the cases were in violation of the provisions of the law and regulations, which may expose the organizations to sanctions. In 66% of the cases, the bodies were required to make corrections of defects, but it was determined that...