Financial and economic News from israel - Economic World by Dan Bielski

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Shlomo Holdings: record increase in the operations in the automotive sector - 25%

Posted on Jun 2, 2020 by Ifi Reporter - Dan Bielski

Shlomo Holdings presents the financial statements for the first quarter of 2020 and shows a record increase in the company's operations in the automotive sector: Gross profit from the...

Ministry of the Environment: national plan to clean the public space in the local authorities in Israel, with NIS 150 million for 3 years

Posted on Jun 2, 2020 by Ifi Reporter - Dan Bielski

The cleanliness of the public space affects the lives of all residents and residents of the State of Israel. The level of cleanliness produces a sense of belonging, social resilience,...

Playtika: About 70 open positions are currently offered

Posted on Jun 2, 2020 by Ifi Reporter - Dan Bielski

International gaming company Playtika has just returned to an office routine. During the Corona, all company employees in Israel and abroad worked fully from home after preliminary estimates of...

The Israel Post Company: operations are back to normal

Posted on Jun 1, 2020 by Ifi Reporter - Dan Bielski

The Israel Post Company announced on Monday that its operations are back to normal after last week's Minister of Communications Yoaz Handel instructed the company to return to full service....

Hungarian airline Wizz Air is back: will launch a flight line between Tel Aviv and Milan

Posted on May 31, 2020 by Ifi Reporter - Dan Bielski

Hungarian airline Wizz Air has announced that it will launch a new flight line between Milan and Tel Aviv as early as next July. The line will start operating on July 17, 2020 and will offer...

Rami Levi Marketing Network net profit increased by 23.4% to NIS 29.1 million

Posted on May 31, 2020 by Ifi Reporter - Dan Bielski

The Corona crisis has led to the rise of food and service shopping on the Rami Levi  Marketing Network. The company, which includes the food chain and its subsidiaries, including Copix, Good...

The price of gasoline increased by 0.42 NIS per liter

Posted on May 31, 2020 by Ifi Reporter - Dan Bielski

The price of gasoline increased by 42 agorot (0.42 NIS) per liter. This is according to the fuel administration calculations at the Ministry of Energy. The maximum price per liter of gasoline...

Arkia is in negotiations with the workers in an attempt to return to activity

Posted on May 31, 2020 by Ifi Reporter - Dan Bielski

Arkia, controlled by the Nakash brothers, is in negotiations with the workers in an attempt to return to activity. One of the conditions for this is the receipt of a NIS 100 million State...

Police and Tel Aviv municipality posted 20 reports of 5,000 NIS to restaurants and cafes for violating the rules

Posted on May 30, 2020 by Ifi Reporter - Dan Bielski

As a result of the opening of restaurants, cafes, bars and clubs, as part of the entrance to the Corona routine, the police and municipalities of Tel Aviv and Haifa have been working against...

Israel Ports Company: Q1 net profit dropped 23% to NIS 127 million

Posted on May 30, 2020 by Ifi Reporter - Dan Bielski

Israel Ports Company, which serves as a seaport regulator, ended the first quarter of 2020 with a 23% drop in net profit to NIS 127 million, according to company reports. . The company's...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

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