News

Super-Pharm acquires the Erroka chain in a deal valued at NIS 75 million

Posted on Aug 28, 2022 by Ifi Reporter - Dan Bielski

Super-Pharm acquires the Erroka  chain, in a deal valued at NIS 75 million. This was announced by the companies. Completion of the transaction is subject to the approval of the Competition...

investment fund Fortissimo acquires C.T.S for NIS 150 million

Posted on Aug 25, 2022 by Ifi Reporter - Dan Bielski

The private investment fund Fortissimo signed an agreement to purchase the ownership in C.T.S for NIS 150 million. The purchase of C.T.S follows a previous attempt by Fortissimo to purchase...

Eyal Melis, CEO of the Tnuva Group which owns Sunfrost, said that "we apologize

Posted on Aug 22, 2022 by Ifi Reporter - Dan Bielski

Eyal Melis, CEO of the Tnuva Group which owns Sunfrost, said that "we apologize to the customers and consumers and take full responsibility". This after animal parts were found in...

Rami Levy earned NIS 34 million in the past quarter, a 42% decrease compared to the corresponding quarter in 2021

Posted on Aug 22, 2022 by Ifi Reporter - Dan Bielski

The increase in inflation, losses in the capital market, and a further deterioration in Kofix's situation eroded the profits of the Rami Levy company in the second quarter of 2022. Rami Levy...

IAI presents a weaker second quarter than the first in 2022, with a 12% drop in net profit to $51 million

Posted on Aug 18, 2022 by Ifi Reporter - Dan Bielski

IAI presents a weaker second quarter than the first in 2022, with a 12% drop in net profit to $51 million, and an increase of only one percent in sales, to $1.159 billion. Despite this, thanks to...

Estimates: Finance Minister Avigdor Lieberman intends to extend the discount on the fuel tax until November 15th

Posted on Aug 18, 2022 by Ifi Reporter - Dan Bielski

Despite the significant drop in world oil prices by about 10% since the end of last month and the drop in the dollar exchange rate by about 5% in recent weeks, Finance Minister Avigdor Lieberman...

Elbit Systems missed expectations in Q2 slightly on the top line

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

Elbit Systems published its financial reports for the second quarter of the year and once again missed expectations, slightly on the top line and more significantly on the bottom line. Despite...

The International Bank reports a profit of NIS 342 million in the second quarter

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

The International Bank reports a profit of NIS 342 million in the second quarter of this year and a return on capital of 13.8%. This is a 15% decrease from profits of NIS 404 million in the...

The International Bank reports a profit of NIS 342 million in the second quarter

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

The International Bank reports a profit of NIS 342 million in the second quarter of this year and a return on capital of 13.8%. This is a 15% decrease from profits of NIS 404 million in the...

Max Stock chain reports the signing of an official agreement to open stores in Portugal

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

The Max Stock chain publishes the financial results for the second quarter this morning and reports the signing of an official agreement to open stores in Portugal. The company announced the...

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Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →


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