Articles

Harsa - a manufacturer of toilets, sinks and other sanitary equipment from the Hamat group - will close its doors on Monday, April 29. The workers of the 70-year-old factory were not allowed to return to work at the end of the Passover holiday. The workers' committee said that the factory management hired a security company to prevent the workers from entering their work place after a two-week intensive vacation. "The day is a very difficult day for you and me. It has been eight years since I acquired the Hamat Group, during which I tried with all my might to improve it and bring it to...

Retail giant Amazon is finally making its first move in Israel, and e-mails to Israeli sellers and invites them to start selling products through it. On the night between Monday and Tuesday, Israeli suppliers began to receive an official request from Amazon inviting them to start selling products through it. This marks the beginning of Amazon's official activity in Israel, but at this stage it is not exactly the full activity

Representatives of dozens of industrial and technology companies, research institutes and academia from the European Union and Israel gathered this week on the occasion of the founding of MADEin4, a new European consortium designed to promote the Industrial Revolution 4.0. The first gathering of the consortium is hosted by Applied Materials, which develops and manufactures advanced semiconductor chip control equipment and serves as the consortium's coordinator. MADEin4 has 47 industrial and technology companies, research institutes and academia from the European Union, among others...

Israeli's bow their heads and painfully notes the memory of the six million Holocaust Martyrs 'and Heroes. The Holocost remembrance Day is noted on Thursday in many ceremonies throughout the country and the world. At 10:00, a two-minute siren will be heard, followed by a wreath-laying ceremony at Yad Vashem in Jerusalem, at the foot of the monument to the Warsaw Ghetto Uprising. Ynet accompanies the events of Holocaust Remembrance Day by direct broadcasts from various centers. In the wreath-laying ceremony, President Reuven Rivlin, Prime Minister Benjamin Netanyahu, Knesset Speaker Yuli...

In light of the deterioration of the security situation in the south of the country, the Manufacturers Association of Israel has opened a special emergency room in the settlement of Omer, which will provide 24 hours a day to the southern industrialists in order to help them pass the period of combat and to function optimally according to the Home Front Command's security instructions. 250 factories employing some 60,000 workers, within a radius of about 40 kilometers from Gaza. The war room will provide a continuous response to all the needs and problems of the factories following the...

Meta Networks was acquired by the American cyber company ProfPoint for $ 120 million. Of which 111 million in cash and the rest in shares. The company was founded two and a half years ago and has raised $ 10 million to date. The deal is expected to be signed in the second quarter of 2019. The purchaser is an American cyber company traded at a value of $ 7 billion on the US stock exchange. The value of the holdings of the two Vortex and BRM funds will bring them to an exit of $ 35 million on an investment of only $ 5 million

Israel kicked off its 71st birthday celebration in the usual Yom Ha’atzmaut (Independence Day) style with cookouts, aerobatic shows, silly string, torch-lighting ceremonies and festive fireworks across the nation. In only seven decades, Israel has proven it’s possible to do the impossible at home and abroad, whether greening deserts with world-leading technological knowhow, rescuing people in distress in distant lands, or sending the smallest-ever spacecraft to the moon. Last year, ISRAEL21c brought you a timeline, “70 Years of Israeli achievement,” and a fantastic companion film, “70...

The Companies Survey for the first quarter of 2019 reflects a moderation in the rate of expansion of business sector activity. The net balance of the business sector declined in the first quarter of 2019 to close to zero. In the services, trade and industry sectors, the Bank of Israel expects expansion in the next quarter. In the last quarter the rise in the net balance of output in the manufacturing industry was halted in the previous two quarters. The net balance of output in the last quarter was negligible but insignificant, especially among companies whose level of innovation is mixed,...

The online revolution reaches Zara in Israel: The Spanish fashion giant is opening an online store in Israel. It began running on Wednesday through the app and on Thursday through an online site. The Spanish retailer will provide its customers with home deliveries within three to six days at a cost of NIS 30, or free delivery of more than NIS 200. Zara also allows customers to collect the products ordered from 10 of its 25 physical stores. The app shows women's, men's and children's Zara brand only. Zara has other brands it intends to sell online, among others, Pull and Bear and Barshke

The Supervisor of Banks demanded that Bank Hapoalim compensate customers who suferred by a malfunction that was found in the Bank's ATMs. In December 2018, the media reported a nationwide malfunction in Bank Hapoalim's automated teller machine, in which it was claimed that customers who tried to withdraw cash were charged for the withdrawal attempt and the withdrawal fee, despite the failure of the device and the customers did not actually receive the money. As a result of this information, the Banking Supervision Department began an examination of the Bank's handling of the said...