As reported in Port2Port: Agricultural production will reach a total of NIS 26 bilion. However after deduccting the expences, a 10% drop from the2009 level is expected The Israeli Farmers Federation (IFF) issued last week its 2010 agricultural production forecast, estimating a record-breaking production of NIS 26 billion. According to the forecast, produced by IFF […]
Author: Jeremy Ungar
As reported in Globes.co.il: The deals are with leading distributors of advanced medical technology solutions for major medical device manufacturers. ITGI Medical Ltd., which develops, manufactures and markets a line of stents covered with living tissue, today reported that it has signed distribution deals for its AneuGraft stents in Asia and a first ever deal in […]
As reported by IVC Weekly: Lightech designs drivers and transformers for use in LED and halogen lighting. LED company Lightech Electronic Industries Ltd. has been acquired by Vancouver-based Carmanah Technologies for $18.5 million. Carmanah agreed to buy all Lightech’s outstanding shares. Lightech, based in Lod and founded in 1992 by David Schreiber, designs drivers and […]
As reported in IVC Weekly: Teva-Kowa Pharma expects over $1 billion annual revenue by 2015. Generic pharmaceuticals giant Teva Pharmaceutical Industries Ltd. is seeking acquisitions in Japan, according to news agency Reuters. Reuters said that Teva’s Japanese venture Teva-Kowa Pharma expects $270 in sales in Japan in its first year of operations there, and $1.1 […]
From the Minister of Innovation Wednesday, 13 October 2010 Innovation Minister Gavin Jennings today announced a $380,000 grant for Dandenong company o.d.t. Engineering to assist its collaboration with Israeli company Netanya Plasmatec in developing a cheaper and more efficient aluminium casting process. Mr Jennings said the $1.4 million international collaboration was the latest project funded […]
As reported by Globes: Economic relations between Israel and India are set for a significant upgrade in the coming months. Minister of Finance Yuval Steinitz met with his Indian counterpart Pranab Mukherjee in Washington DC on Friday, and the two men agreed to prepare the ground for a free trade agreement (FTA) between their two […]
As reported in IVC: Ninety-six Israeli high-tech companies raised $341 million from venture capital funds and other venture investors – both local and foreign – in the third quarter of 2010. The amount raised was similar to $343 million raised by 104 companies in the previous quarter, and 13 percent above $303 million raised by […]
As reported in Globes.co.il : Noble Energy previously reported that Leviathan’s natural gas reserves were double those of Tamar. Noble Energy Inc. has told “Reuters” that it will also soon begin drilling the Leviathan prospect offshore from Israel, which may be three times larger than Tamar. Noble Energy has a 39.66% holding in the Leviathan prospect […]
Leading financial magazine Global Finance named Bank of Israel Governor Stanley Fischer among the top ten World’s Best Central Bankers for the year 2010. Fischer was praised after Israel weathered the global financial crisis far better than many other Western countries. Though Israeli growth dipped to below 1 percent in 2009, it started crawling back […]
As reported in Globes.co.il: Intel will hire hundreds of new employees at its expanded Kiryat Gat plant. Intel Corp. has been told by Israel’s Ministries of Industry, Trade and Labor, and Finance that they have agreed to a grant of NIS 678 million for the expansion of its fab at Kiryat Gat. Intel had asked for a […]
