Articles

Frutarom, which was acquired by the US IFF last year at a huge exit, made unapproved payments" as part of its operations in Russia and Ukraine, IFF noted with the release of its Q2 2019 financial statements. According to IFF's preliminary findings, one of the top executives allegedly involved in the payments in question is Uri Yehudai, former president and CEO of Frutarom. In the merger deal completed last October, Yehudai was to serve as an outside advisor to the company, but is not yet a consultant. A Jewish response was received

Space-x successfully launched Israeli "Amos 17" satellite on the Falcon 9 launch carrier tonight. The launch was initially planned for the night between Saturday and Sunday, but was postponed due to a launcher valve failure. In a rainy weather area and the launch window tonight was postponed for half an hour following a lightning storm that occurred several hours before the launch. The launcher on which the satellite is stationed has been launched twice into space in the last two years and since it is his last mission - and it will not be recycled again - the amount of fuel is higher than...

US software giant Salesforce acquires Israeli software company Clicksoftware for $ 1.35 billion in a cash deal. The biggest beneficiary of the deal is the private equity investment Francisco Partners, after Clicksoftware was sold to the fund for $ 440 million in 2015. Clicksoftware was founded by Moshe Ben Best, but he retired from its current management and became a consultant to the company and a member of the board of directors for a short period. Clicksoftware CEO today is American Mark Cantini, the former CEO of Autotesk joining the company in early 2018. Most Clixoftware employees...

In a terror attack in Gush Etzion, nineteen-year-old Dvir Soreck, soldier from Ofra settelment was killed. The soldier was a sitting student who was absent last night. His body was found in the morning on the side of the road between Efrat and Migdal Oz. The security forces scan the area to track the terrorist who murdered the soldier. Prime Minister and Defense Minister Benjamin Netanyahu said security forces are in pursuit to capture the lowly terrorist. He sent condolences to the soldier's family. State President Reuben Rivlin says the heart aches for the loss of his short lif. He...

Established in Israel and operating in the United States in recent years, Corindus was sold to Siemens Healthineers, part of the German Siemens Group, for $ 1.1 billion. The company was set up in the Technicon incubator called Navicath, attended by Prof. Rafi Biar who recently retired from the position of CEO of Rambam Hospital and entrepreneur Tal Wandrow. The company was originally founded to solve the medical problems of the doctors who work in the catheterization room. These doctors are exposed to a great deal of radiation, and their health is also damaged by wearing lead aprons to...

On Saturday a medical team from Beilinson Hospital flew in to Cyprus to perform 3 translplant operations and returned to Israel. This is part of Israel's cooperation agreement with Cyprus on the issue of organ transplants. Yesterday morning, the National Center for Transplantation staff flew from Beilinson Hospital in Petah Tikva to Cyprus to perform lung and liver transplant surgery. The team included transplant doctors, a lung cardiac machine operator and operating room staff. Two lung and liver transplants were performed in Israeli patients. Dr. Tamar Ashkenazi, director of the...

The LOTTE Group, one of the five largest corporations in South Korea, with a turnover of about $ 80 billion a year and a profit of about $ 5 billion a year, is looking for investments in Israel. The owner and chairman of the fifth largest corporation in South Korea, is currently visiting the country and meets with Minister of Economy and Industry Eli Cohen Minister of Economy and Industry Eli Cohen: "I welcome the arrival of the LOTTE company in Israel. The arrival of this company is indicative of the strength and quality of the Israeli market that continues to attract large companies...

The Aeronautics deal was approved by the government. The Social Economic Cabinet, led by Finance Minister Moshe Kahlon, approved the deal in which Rafael government company and businessman Avihai Stolero bought Aeronautics for NIS 850 million. The Aeronautics Group is an Israeli company engaged in the development and production of intelligence-based, unmanned systems solutions for the international security market. The company's center is in Yavne. Following the transaction, Aeronautics' stock will be deleted from the stock exchange and will become a private company. The aerospace...

IAI announces its entry into the onshore field and the establishment of an innovative plant in this area in Be'er Sheva. The plant's products will be at the forefront of global technology in areas such as ground autonomous robotics, terrestrial radar systems such as drone guard for disrupting skimmers and border radar protection. The establishment of the onshore plant in Be'er Sheva is part of the new strategy led by the board of directors and management of the aerospace industry. Tens of millions of shekels will be invested in the establishment of the plant to build innovative...

Welfare Minister Haim Katz on Friday announced his resignation and handed his resignation letter to Prime Minister Benjamin Netanyahu. In his resignation letter Katz denied being credited with the indictment in the stock affair and wrote: "In all my actions as a minister and as a Knesset member, I have acted in a matter-of-fact and impartial manner for the benefit of the public, including employees, pensioners and those with whom they fail. The public mission is my life's mission, For the citizens in every way possible. " Attorney General and legal advisor of the governmentl Avihai...