Popular Articles

The number of job seekers is very close to the levels recorded on the eve of the Corona crisis
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The number of job seekers is declining, and is very close to the levels recorded on the eve of the Corona crisis. This is according to the Employment Service report for January 2022 published on Tuesday. According to the report, in January the number of jobseekers active in the employment service was 168.8 thousand, very close to 164 thousand registered in February 2020. In fact, this is the lowest number since The outbreak of the crisis. The data of the Employment Service actually correspond with the Central Bureau of Statistics reports regarding January, according to which in January the...

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Feb 22, 2022

Teva missed forecasts:  revenues of $ 3.8879 billion, a decrease of 2% at the 3rd  quarter
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Teva missed market forecasts for the third quarter. The Israeli pharma company concludes the quarter with revenues of $ 3.8879 billion, a decrease of 2% compared to the corresponding quarter last year - analysts expected revenues of $ 4.03 billion. Revenue was hit mainly by the decline in Copaxone sales in North America, which was partially offset by the growth of the generics and over-the-counter pharmaceutical sector in Europe. Net income was $ 292 million or 26 cents a share, lower than forecast, compared to a loss of $ 4.34 billion or $ 3.97 per share in the same quarter last year -...

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Oct 27, 2021

The Histadrut assistance fund provides El Al with additional assistance of NIS 10 million
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The Histadrut provides El Al with additional assistance in the amount of NIS 10 million, through the Histadrut-owned business assistance fund. Avi Edri, the trustee of the Histadrut's a transportation and aviation portfolio, admitted in a conversation with Ynet that this is a rare amount of assistance. He said: "There are factories that turn to aid and we find that they can survive without us - so they do not receive aid, but that is not the case with El Al. If we did not support the company, it would have closed. This is the company that has been hit the hardest

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Jan 24, 2022

Israeli high-tech companies recruit again in Ukraine - Optimove currently employs 30 people there
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The relative security calm in Kiev and in large parts of Ukraine and the shift of the fighting to defined areas encourage the Israeli high-tech companies to return and recruit workers in Ukraine and even launch broad campaigns to absorb workers, with an emphasis on development positions. The company Optimove, which develops advanced marketing technologies for the companies' existing customers, currently employs 30 people through agencies in Kiev and Twiniitsa

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Aug 19, 2022

Shikun VeBinui expands in the US: acquired 49% of energy storage facility for NIS 190 million
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Shikun VeBinui, controlled by Nati Saidoff, continues to expand its activities in the renewable energy market in the United States. Shikun VeBinui acquired 49% of a 400-megawatt energy storage facility under construction north of Los Angeles for NIS 190 million. By the Swiss investment fund Capital Dynamics, which specializes in investing in renewable energy assets. The project was purchased from Strata Solar and is located in the city of Oxnard, located 40 km north of Los Angeles. It was established at a total cost of NIS 750 million, financed in equal parts by equity and bank financing...

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May 2, 2021

Approved: Self-employed will be compensated NIS 2,280 for 4 days of isolation
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The Knesset plenum approved on second and third reading the bill to finance the isolation fee for the self-employed, submitted by Finance Minister Avigdor Lieberman at the request of the self-employed organizations and the chairman of the Labor and Welfare Committee, MK Efrat Reitan. Twelve MKs supported the proposal without opponents. This is after ministers Lieberman and Yair Lapid and MK Reitan yesterday agreed on the payments for the government's participation in financing the self-employed's expenses during the isolation days

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Jan 25, 2022

The American private equity fund Francisco Partners acquires MyHeritage for $ 600 million
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The American private equity fund Francisco Partners acquires MyHeritage. The companies did not publish the purchase value, but Calcalist has learned that it is about $ 600 million. The deal price may even go up. CEO Gilad Yefet: "It's hard to be a promising start-up after 17 years and among the options on the agenda, the Francisco option was the most suitable for me. They are the factor that most wants to bring the company to an exit and come without changing world orders. "Instead of being sold to a competitor, we have long contacts with the buyer and in the end we got married. I am...

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Feb 24, 2021

Government plan: tax cuts for those who earn up to the average wage - compensation for self-employed
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Finance Minister Avigdor Lieberman and Prime Minister Naftali Bennett present their new economic plan. At the center of the program are two significant steps: tax cuts for those who earn up to the level of the average wage in Israel and the second step - a new compensation outline for self-employed people who were injured during the Omicron crisis. The cost of the program is estimated by the Treasury at NIS 4 billion in terms of loss of revenue. The core of the plan is, as mentioned, a reduction in taxes on work for those who earn low wages and a reduction in caps. Prime Minister Naftali...

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Feb 9, 2022

33.4% of employees in high-tech - are women and 9.4% of the  CEOs who have set up start-ups
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A report by the Innovation Authority shows that the participation rate of women in high-tech is low - about a third of the employees. Only about nine and a half percent of the CEOs who have set up start-up companies are women and in fifty-seven percent of the major venture capital funds in recent years there is no woman appointed as a partner. The report also shows that forty-nine percent of all students in five units in mathematics are women and only about a third of those who take matriculation exams in computer science are women

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Mar 7, 2022

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