As reported in Globes: Ela – Beverage Containers Collection Corporation Ltd. reports that the recycling of bottles is growing in Israel. 600 million bottles were recycled in 2011, 77% of bottles with deposits that were sold last year, and exceeding the 73% target set in the Bottle and Can Deposit Law (5759-1999). 41% of family-sized […]
As reported in Globes: Foreign trade figures continued to be a source of worry in February 2012, as the deficit widened. The trade deficit totaled NIS 4.63 billion in January-February, 77.6% more than in the corresponding months of 2011. At the current rate, the trade deficit in 2012 will be double the deficit in 2011. […]
As reported in Globes: icrosoft Israel’s R&D center is setting up a start up incubator – Windows Azure Accelerator. After years of passive support for start ups, during which Microsoft Corporation (Nasdaq: MSFT) provided access to development tools and services, the company is joining the growing trend in the high tech industry. Windows Azure Accelerator […]
Ministry of Finance Launches an International Public Information Campaign to Attract Foreign Investors to Israel The Minister of Finance Dr. Yuval Steinitz, and Acting Director General of the Ministry of Finance, Mr. Doron Cohen, joined by leading members of the Israeli business community, headed on March 21 for Europe to attend the Bloomberg Sovereign Debt […]
As reported in Globes: We collaborate with several Israeli companies,” Bayer SVP and head of global clinical development Jörg Müller told “Globes” in an interview. “For example, with Medgenics Ltd. (AIM:MEDG; AMEX: MDGN) and Omri Laboratories, founded by Robert Taub. We have a hemophilia product that is one of the leaders in this field, […]
As reported in Israel21c The successful Israeli high-tech startup model is well established since the late 1990s: Young engineers conceive an idea, take it to investors, and — if they luck out — sell a new multi-million-dollar product to a large search engine or telecom company. But what about immigrants? How do they integrate into […]
As reported in Globes: “We have lately accelerated the pace of acquisitions in Israel,” said Broadcom president and CEO Scott McGregor at a press conference today, in reference to the company’s five Israeli acquisitions since 2009. “I expect to continue acquiring more companies here,” he added. This is not McGregor’s first visit to Israel, but […]
As reported in Globes: Video conferencing solutions developer Radvision Ltd. (Nasdaq: RVSN; TASE: RVSN) has been acquired by Avaya plc (NYSE: AV) for $230 million. The company announced this morning that it has signed the merger agreement, confirming yesterday’s media reports, under which Avaya will pay $11.85 per share and become a wholly-owned subsidiary of […]
As reported in Globes: Computer communications giant Cisco Systems (Nasdaq: CSCO) today announced that it intends acquiring NDS for $5 billion. NDS provides secure delivery solutions and other advanced inter-active systems for digital and pay-TV. Headquartered in Staines near London, the company’s R&D center is in Har Hotzvim, Jerusalem. NDS has 5,000 employees worldwide including […]
As reported in Port2port: The US share of Israeli exports had drastically declined as compared to the parallel period last year The export research department of the Israel Export and International Cooperation Institute issued last week a report showing that Israel exports to Asia have for the first time surpassed export to the US. Over […]
