News

Tempo's soft and alcoholic beverage maker acquired a liquor company from Cyprus

Posted on Sep 3, 2019 by Ifi Reporter - Dan Bielski

Tempo's soft and alcoholic beverage maker, led by Jacques Bar, acquired a liquor company from Cyprus - according to the company's Q2 2019 reports. Tempo paid about € 2.6 million...

The budget deficit remains unchanged in August: 3.8% of GDP

Posted on Sep 3, 2019 by Ifi Reporter - Dan Bielski

The budget deficit remains unchanged in August, according to the updated state budget data published by the Treasury. The data analysis shows that the Treasury is able to reduce the growth of...

Israel Railways employees disrupt the full electric work of the Tel Aviv line

Posted on Aug 30, 2019 by Ifi Reporter - Dan Bielski

The Israel Railways management appealed to the Labor Court on Thursday to request workers not to disrupt the full electric work of the Tel Aviv line. About a year ago, during a controversial line,...

The Municipality of Holon has approved permits for the Tama 38 project

Posted on Aug 23, 2019 by Ifi Reporter - Dan Bielski

The Municipality of Holon has approved the conditions for granting building permits for the Tama 38 project called "The Young People's Complex", in the Tel Giborim neighborhood of...

Poalim IBI reported revenues: NIS 19 million, 58% increase

Posted on Aug 21, 2019 by Ifi Reporter - Dan Bielski

Poalim IBI reported revenues of NIS 19 million in the second quarter. Compared to the first quarter results, revenues were up 58% but were still 5% lower than the corresponding quarter in 2018....

Formula Systems software revenue rose 13.5% in the second quarter

Posted on Aug 19, 2019 by Ifi Reporter - Dan Bielski

Formula Systems software revenue rose 13.5% in the second quarter of the year. Formula, which controls Matrix, Magic and Sapiens companies, trades on Nasdaq and Tel Aviv stock exchanges worth...

Pelephone's workers stepped up their fight against the management

Posted on Aug 19, 2019 by Ifi Reporter - Dan Bielski

Pelephone's workers' union stepped up its fight on Monday, announcing punitive sanctions that could hurt the company's customers. "There is no expense of equipment and...

Justice court ordered the freezing of Ophir Cohen's appointment as Director of the Ministry of Justice

Posted on Aug 18, 2019 by Ifi Reporter - Dan Bielski

The High Court presiding as the justice court ordered the freezing of Ophir Cohen's appointment as Director General of the Ministry of Justice - pending a decision in the petition filed by the...

The Electric Company: a profit of NIS 184 million in the first half of 2019

Posted on Aug 15, 2019 by Ifi Reporter - Dan Bielski

The Electric Company completed the first half of 2019 with a profit of NIS 184 million, compared with a loss of NIS 180 million in the first half of 2018. Profit for the first half of 2019 is...

The US drug company Cambrex whose Ceo is Shlomo Yanay will be sold for $ 2.4 billion

Posted on Aug 12, 2019 by Ifi Reporter - Dan Bielski

The US drug company Cambrex, whose chairman is Shlomo Yanai, is been sold to the $ 2.4 billion private equity fund Permira. The share price in the deal is $ 60, a 47% premium to the price set...

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