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Sunfrost's frozen bean products are back on the shelves, after their production and marketing was stopped due to the discovery of parts of a snake, a mouse, a snail and a bird's foot, among others, in the company's beans and peas, which is owned by Tnuva. They will gradually return to the points of sale starting today. Sunfrost controls about 70% of the cash sales in the frozen vegetables category. See that Sunfrost has begun the process of improving quality control and sorting at its factory in Migdal Ha'Emek, but has not yet activated the three optical sorting machines it announced it...

While inflation slowed slightly in August and the consumer price index fell by a higher rate than expected - 0.3% - the housing market is heating up and apartment prices continue to soar. Despite the moderation in the mortgage market and the drop in the number of apartments sold, in the months of June-July, the price of apartments increased by 1.3%, thus registering an annual increase of 17.9% - the highest jump since 2010

The spending of Israelis in the summer months using digital wallets jumped 5.5 times compared to July-August last year. This is according to a summary of data from the Automated Bank Services Company, which manages the national credit card payment system in Israel

Teva pharmaceutical company held a press conference Sunday at its new headquarters in Tel Aviv, where it presented its goals for the coming years, which it provided with the publication of the latest reports. In 2027, Teva expects to reach an operating profitability rate of 30%, a debt-to-EBITDA ratio of 2, a cash-to-earnings ratio of 80%, and to return to growth, after several years of revenue erosion. Carr Schultz, Teva's president and CEO, presented Teva's progress since 2017, when he took office. "In 2017, we set goals. One of them was business optimization. 80 production sites - we...

Israel Railways continues the strategic plan to eliminate road-rail junctions in order to increase the safety of all road users and improve train service. In recent days, a new level separation was opened for vehicular traffic near the construction site, which completely separates the railroad from the road crossing it. In this way, the road-rail intersection was canceled which resulted in damage to the train service due to incidents of trespassing in the area of ​​the intersection which caused train delays. In 1985, a major disaster occurred at the meeting when a bus that got stuck on the...

OPC energy company is promoting the development of a power plant in West Virginia that supplied 1.8 gigawatts, for $3.5 billion. The station is powered by natural gas and incorporates technologies to capture and bury the carbon dioxide emitted by the station. The announcement of the project, which will be carried out through the American subsidiary CPV (70%), was made together with the Chairman of the Energy Committee in the Senate Joe Manchin from West Virginia, and the representative of the Governor of West Virginia. Giora Almogi, CEO of OPC, (-2.07% 4210), said that the establishment of...

After a three-year delay in opening the route, El Al will operate direct flights to Tokyo starting in March 2023. The maiden flight is expected to take off on January 1, 2023, and ticket sales will begin today (September 19). El Al reported that it will operate two direct weekly flights to Tokyo, on Wednesdays and on Wednesdays. The flights will take place on a Boeing 787 aircraft, which includes three classes of service - tourist, premium and business. With the announcement of the new line, round-trip airline tickets are offered in tourist class, at launch prices starting at $999 for a...

A recovery arrangement was signed between the Accountant General and the Israel Post in the amount of NIS 1.7 billion, along with a new collective agreement with the Post's workers' council. As part of it, out of the company's 5,000 employees, approximately 1,050 employees will be laid off in two phases - the first of which will be in December. The financing agreement consists of the sale of real estate of the post office - which has 700 branches throughout the country - to the state. The value of the assets to be sold is estimated at NIS 800 million. The state will also finance the...

The Minister of Education, Yifat Shasha-Biton, is expected to announce in the coming days the establishment of a new university in the Galilee, which will be the first to be established in the region, and in total the 11th university in Israel. Even though this is an election period, Shasha-Biton is expected to bring the decision to the approval of the Higher Education Council (HEC), which is expected to support it during, after Rosh Hashana. and OT), where objections are actually expected. In the past, there were differences of opinion in the higher education system on the need to...

The approaching holidays mark not only the massive departure of Israelis abroad, but also the arrival of tourists who return to flood the streets of the cities. However, despite a considerable recovery in the arrival of tourists, the inbound tourism industry reports that they are still not arriving here in the numbers they were before the corona virus - while Israelis are flocking abroad in droves, and the figures are already equaling, and even surpassing, the numbers before the crisis. The number of tourists reaches 60%-70% of their number before the crisis. According to data from the...