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Category: Financial
About a month after Histadrut Chairman Arnon Bar-David called for a consumer boycott due to the rising prices for Diplomat, Shastovitz, and Kimberly Clark, the response arrived: the employees of Kimberly Clark Israel decided to take revenge: to leave the Histadrut and move to the National Histadrut. There are about 1,000 employees
Aug 11, 2022
Category: Financial
The ICL company managed by Raviv Zoler reports on a major deal - the company signed a memorandum of understanding for the supply of potash in Europe. The identity of the customer was not disclosed, but according to estimates, it is the Norwegian capital. This is an activity of 300 thousand tons per year and given the price of potash, it is a transaction with a financial scope of approximately 220-240 million dollars. This deal comes against the backdrop of the Russia-Ukraine war and the suspension of purchases from Russia and Belarus. Europe sanctions Russia and this may have transferred...
Aug 12, 2022
Category: Financial
The CEO of Carrefour Israel, Uri Kilstein, is leading a NIS 50 million streamlining process in the company. Kilstein's presentation to the company's managers held on Sunday indicates that the plan will include layoffs, closing branches, and changing suppliers. The move is being made in a chain that is still branded under Beitan and Mega wines, in preparation for the transition to the Carrefour brand. The plan includes reducing the number of employees, currently numbering about four thousand, by 200-300 branch employees, most of whom are temporary workers and personnel workers. In addition,...
Aug 14, 2022
Category: Government
The unemployment rate in Israel increased slightly in July, but it is still low: from the data published by the Central Bureau of Statistics (CBS), it appears that the narrow unemployment rate increased in July to 3.7%, which is 159.5 thousand people, compared to a rate of 3.4% measured in June, which is 146.5 A thousand job seekers. Meanwhile, the employment rate also decreased, from 61.2% in the previous month to 60.9%, which is 4,195,800 employed. However, the number of unemployed and the unemployment rate are still lower than on the eve of the Corona crisis at the beginning of 2020
Aug 15, 2022
Category: Hitech
After the peaks in demand for high-tech registered last year, new data indicate a one-year low in the number of vacancies in the industry. The vacancy report for May-July published by the Central Bureau of Statistics (CBS) shows that the number of vacancies for engineers in general decreased by 8% to 14,963 in July compared to the previous month, and that the number of vacancies for software developers decreased by a more significant rate of 11% , for 10,130 jobs. This is the second month in a row in which the number of jobs in high-tech is decreasing, after about three months in which the...
Aug 18, 2022
Category: Government
Less than two weeks before the start of school, negotiations between the Ministry of Education and the Teachers' Union, which represents elementary and middle school teachers, are still stuck. Both sides are intensifying the tone towards September 1, and the pressure in the corridors of government is increasing in an attempt to prevent a strike - certainly during an election period. Now the Ministry of Finance presents another offer for teachers, the third in number. In the core controversial issues—mainly the starting salary of teachers—the Treasury did not improve its proposal. The...
Aug 18, 2022
Category: Hitech
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
Aug 19, 2022
Category: Health
The Airports Authority announced that it has allocated NIS 50 million to a digitization project at Ben Gurion Airport, which will make it possible to manage most departures abroad through independent procedures through online check-in and automatic machines. First, passengers will be offered the option to check in online from home by most major airlines such as El Al, Turkish Airlines, Fly Dubai and others. Most companies canceled this option during the Corona crisis because of the need to present the results of the tests. But in recent months the option has gradually returned, especially...
Aug 22, 2022
Category: Government
The Cyber, Emergency and Security Unit and the Chief Economist Division at the Ministry of Finance continue to strengthen the long-standing relationship and cooperation with the US. Further to the meeting of Finance Minister Lieberman with the US Deputy Treasury Secretary, Wally Adeyemo, in November 2021, in which they discussed the need to strengthen the resilience of systems, organizations financial and deepening cooperation on the subject, today (Tuesday) a cooperation agreement (MOU) in the cyber-financial field was signed between the ministries of finance of Israel and the USA. On the...
Aug 23, 2022
Category: Law
The Supreme Court today (Wednesday) shortened the sentence of the former Deputy Minister of the Interior, Faina Kirschenbaum from ten to seven and a half years in prison. Kirschenbaum was convicted of bribery, fraud and breach of trust in the Israel Beitenu case. In addition to this, the judges also shortened the sentence of Rami Cohen, the former director general of the Ministry of Agriculture who was convicted in the case of accepting bribes and other crimes - from 30 to 18 months in prison
Aug 24, 2022