As reported in Invest in Israel, Teva Pharmaceutical Industries Ltd., the world’s largest maker of generic drugs, acquired German generic pharmaceuticals company Ratiopharm for $4.9 billion. Through the acquisition of Ratiopharm, which is the second-largest player in the German generics market, Europe’s biggest, Israel’s Teva becomes number one in Europe as its presence in Spain, […]
Category: Latest News Israel
As reported in Invest in Israel, The Central Bureau of Statistics said that Israel’s GDP rose by an annualized 4.9% in the fourth quarter of 2009 and that growth for the year was 0.7%, slightly higher than earlier estimates. Given Israel’s population growth rate of 1.7%, GPD per capita only declined by 1.1%, placing it […]
As reported by IVC Online, transportation attracted $704M this past quarter, while energy efficiency and solar remain key sectors to watch, according to latest Cleantech Group data. Cleantech venture capital investment was up 29 percent in the first quarter of 2010 compared to last quarter, and 83 percent higher than the same quarter a year […]
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Israel: Defying all odds
The Soreq desalination plant will be constructed under the Build-Operate-Transfer (BOT) process. SDL, comprised of IDE and Hutchinson Water, was announced as the winner in the tender. SDL undertakes to plan, build and operate the desalination plant for an overall period of 26.5 years, after which the plant will be transferred to State ownership. SDL […]
The Better Place Center is located just outside Tel Aviv, constructed inside a refurbished oil tank, symbolizing the transition to electric transportation. The tour also gives visitors the opportunity to drive an electric vehicle on a specially-designed test track. (For more info)
The State of Israel sold a 5% stake of Israel Discount Bank to the Deutsche Investment Bank, which won a closed tender. Deutsche Bank pledged to buy a 5% stake in Israel Discount Bank and received an option to purchase up to 3.33% more shares at a 0.5% discount to their bid price.(for more info)
As reported by port2port, Israel is the first country outside South America to sign a free trade agreement with the regional Mercosur bloc. Brazilian President Lula da Silva visted Israel last week Israel signed last week a new free trade agreement with Brazil, and the rest of the Mercosur bloc – Argentina, Paraguay and Uruguay […]
As reported in IVC , Investors include Goldman Sachs, Leumi Partners, and Menorah Mivtachim. Sources inform ”Globes” that Advanced Driver Assistance Systems (ADAS) developer Mobileye Inc. has raised $37 million from Israeli and foreign investors, at a company value of $740 million after money. Investors included Leumi Partners, which increased its stake in the company […]
As reported in IVC ,Teledata Networks Unveils Compact BroadAccess -300E FTTX System Teledata Networks, a leading global provider of innovative Multiservice Access solutions for NGN (Next Generation Networks), announced the release of the new BroadAccess-300E system, a compact FTTX MSAG designed for the delivery of Triple Play and Carrier Ethernet services. As reported in IVC […]
israeltrade.org.au 