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The competition authority decided to reduce the administrative fine it is considering to impose on Coca-Cola Israel for the abuse of monopolistic power and breach of the terms of a merger with Neviot. This emerges from a revised letter of hearing sent today to the Central Bottling Company, which markets Coca-Cola products in Israel. According to the amended version, the Authority decided to retract its intention to impose a fine of NIS 340,000 on the CEO of the distribution company, Nir Levinger.The decision on the amended fine is also subject to a hearing, according to the Authority, for...

Tnuva, Israel's largest dairy company, has decided to close one of its two remaining milk bag production lines, significantly reducing the supply of the country's cheapest type of regulated milk. Despite the ongoing war in the south and military tensions in the north, Tnuva's move appears to be a strategic business decision, with widespread implications for consumers

Leading candidate for the post of CEO Mizrahi Tefahot, Vice President of the Bank Moshe Larry was officially appointed: Mizrahi-Tefahot Board of Directors today adopted the recommendation of the Detection Committee for the CEO position (chaired by the Chairman of the Board of Directors Moshe Weidman) and decided that VP And Finance Division Manager Moshe Larry will be appointed Mizrahi-Tefahot's next general manager. Weidman said: "The members of the detection committee were very impressed by Moshe Larry's many capabilities, his rich experience and significant contribution to the bank's...

Shiba Hospital, which handles thousands of people every day, now allows its patients to contact the customer service center through the popular WhatsApp instant messaging software as part of its extensive digital transformation process, and based on Elad Systems' SimpleChat implementation. The hospital allows outpatient clinics to communicate with the various centers through the WhatsApp. Customer Service Callers can contact and correspond with a human or auto service representative (ChatBOT) and avoid having to wait for the representative, fax documents, ask questions or make appointments...

The FIMI Fund acquired the TEVADAPTOR business unit, which manufactures medical equipment at the Magda plant in Kiryat Shemona, from Teva for $ 47.5 million. Former CEO of Frutarom, Ori Yehudai, will be appointed Chairman of Migda. TEVADAPTOR was founded in 2005 and has about 200 employees. The plant in Kiryat Shmona deals with the manufacture of medical devices designed to protect the medical staff from exposure to hazardous substances while preparing medicines and treating patients. The company's products are marketed to over 20 countries worldwide. The FIMI Foundation notes that...

Dutch health giant Philips buys the company from Caesarea founded by entrepreneur Shlomo Ben Haim, who also serves as chairman. According to the deal, Philips will pay 250 million euros in cash and another 210 million euros if the Israeli company meets its milestones. The Israeli company develops cardiac imaging systems and serves as a navigation system for patients with heart failure disorders.

Partner and Amazon's joint and first campaign began on Sunday as the focus is of the most popular streaming giant series. Partner and Amazon project in Israel began in a partnership with Partner TV in April 2018, when the app is accessible in all of the company's converters. At the end of August, HOT also announced that it had signed an agreement with Amazon and that in the coming months the service would be available to the company's subscribers. Amazon's service has not yet fully localized in Israel and is in the process of translating and translating its contents into Hebrew. Amazon...