News

Zoglovac: January 1, 2023, all its meat products will increase in price by 9.8%

Posted on Dec 14, 2022 by Ifi Reporter

Zoglovac is riding the wave and joining the flood of price increases that no one is stopping: the company announced today (Wed) that on January 1, 2023, all its meat products and Zoglovac Teva...

Jaron Lotan has been nominated as CEO of the Bird foundation and he will succeed Dr. Eitan Yudilevich

Posted on Dec 12, 2022 by Ifi Reporter

The Board of Governors of the BIRD Foundation has selected. Jaron Lotan to serve as the new Executive Director for the BIRD Foundation. Mr. Lotan will succeed Dr. Eitan Yudilevich, who has served...

Kenny Rosenberg owner of El Al wants to increase his holdings in the company by convert part of his loans into El Al's shares

Posted on Dec 12, 2022 by Ifi Reporter

Kenny Rosenberg, the controlling owner of El Al, wants to increase his holdings in the company. The company's board of directors appointed an independent committee to examine the proposal of...

Strauss board of directors ordered the company's management to examine raising a debt of NIS 400 million

Posted on Dec 8, 2022 by Ifi Reporter

Strauss board of directors ordered the company's management to examine raising a debt of NIS 400 million. The debt raised from a bank, other financial institution or by issuing bonds will be...

Israeli cyber company CyCognito laid off about 30 employees - about 15% of the company's workforce

Posted on Dec 8, 2022 by Ifi Reporter

The Israeli cyber company CyCognito (CyCognito) laid off about 30 employees, which make up about 15% of the company's workforce of 185 employees in Israel and the United States. According to...

CloudWize and Kyndryl Israel have entered into a strategic partnership to enables companies to have maximum cloud security

Posted on Dec 8, 2022 by Ifi Reporter

CloudWize and Kyndryl Israel announced today that the companies have entered into a strategic partnership to help bring cloud security and compliance to more businesses in Israel, across the...

In November, a budget deficit of approximately 1.2 billion shekels was measured

Posted on Dec 8, 2022 by Ifi Reporter

In November, a budget deficit of approximately 1.2 billion shekels was measured, and the cumulative budget surplus in the last 12 months is reduced to 0.4% of GDP (approximately 7.5 billion...

Tigo Energy may merge with Spak under the name Roth CH Acquisition IV at a value of 600 million dollars

Posted on Dec 7, 2022 by Ifi Reporter

Zvi Alon's Tigo Energy may merge with Spak under the name Roth CH Acquisition IV at a value of 600 million dollars. Tigo provides solar and energy storage solutions and the merger is expected...

Univo Pharmaceutical that supplies medical cannabis products request to delay proceedings due to 40 million $ debts

Posted on Dec 6, 2022 by Ifi Reporter

The medical cannabis company Univo Pharmaceutical Industries, which manufactures and supplies medical cannabis products in Israel, as well as a number of subsidiaries it owns, submitted an urgent...

About a hundred Israeli importers flew.to Istanbul for meetings with about 400 Turkish exporters

Posted on Dec 5, 2022 by Ifi Reporter

The Association of Chambers of Commerce, in cooperation with the Turkish Exporters Association TIM, organized a delegation of about a hundred Israeli importers to Istanbul for a series of BTB...
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Newsline

Veteran Israeli information security company Siren is laying off all 121 of its employees

Feb 2, 2023 by Ifi Reporter

The veteran Israeli information security company Siren (formerly Comtouch) is laying off all 121 of its employees. The company, which was caught in a liquidity crisis, announced today (Wednesday) that it is considering closing its operations. In Israel the company employs about 50 people. In... Continue reading →

Histadrut officially resumed negotiations on a new wage agreement with the government

Jan 29, 2023 by Ifi Reporter

Seven months after the discussions on a new wage agreement in the economy for the public sector were halted due to the fall of the government and the dissolution of the Knesset, the heads of the Ministry of Finance and the Histadrut officially resumed negotiations. An increase of 2.5% every... Continue reading →

The venture capital funds Disruptive and Disruptive intend to withdraw their funds from Israel

Jan 27, 2023 by Ifi Reporter

The venture capital funds Disruptive and Disruptive AI of Tal Baranach have informed their investors of their intention to withdraw the fund's funds from Israel and transfer them abroad. The funds together manage 250 million dollars. In doing so, they join the announcement made this morning... Continue reading →


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