ICEN articles from February 1991

ICEN archives from February 1991

National Semiconductor almost doubles exports. (National Semiconductor Israel exports from Israel)
February 1, 1991... National Semiconductor Israel experienced an 83 percent growth in exports in 1990. Exports totaled $75 million for the year, up from $41 million in 1989. The Israeli company, a wholly-owned subsidiary of National Semiconductor, develops and...

Philips takes the genie. (Philips Electronics N.V. selection of HASP software security system produced by Aladdin Knowledge Systems Israel)
February 1, 1991... The PC division of Philips, the Dutch electronics firm, has selected HASP, a product of Aladdin Knowledge Systems Israel, to protect its in-house developed software. HASP was selected over other protection systems from the U.S., France and...

90 percent drop in sales. (decline in local footwear, furniture, cosmetics, and plastic household items markets resulting from 1991 Persian Gulf War)
February 1, 1991... The Gulf war has adversely affected many business sectors. Statistics of the Manufacturers Association indicate a drop of 90 percent in sales on the local market of footwear, furniture, cosmetics and plastic household items. Also affected are...

El-Op sale to Elbit. (El Op Optic Industries, Elbit Computers)
February 1, 1991... The sale of 50 percent of the shares of El Op Electro Optic Industries to Elbit Computers is expected to be approved within the next two weeks; the transaction is estimated at $13 million. El Op is equally owned by Tadiran and the Federman...

Israeli anti-virus for U.S. Army. (purchase of licenses for VIRUSAFE anti-virus software)
February 1, 1991... The Engineering Corps of the U.S. Army has signed a contract for the purchase of 45,000 licences of the anti-virus software VIRUSAFE, developed by Eliashim Information System Security. Master diskettes have already been delivered for...

Clal chairman to resign. (Clal Industries Ltd., Aharon Meir)
February 1, 1991... Clal Chairman Aharon Meir will not submit his candidacy for re- election at the conglomerate's annual meeting scheduled for the end of April. Meir is the third senior executive of Clal to resign, attributing his resignation to the management...

Gulf War - economy. (economic consequences of 1991 Persian Gulf War)
February 1, 1991... Direct damage to the Israeli economy from the Gulf war will amount to NIS 3 billion, according to Bank Leumi Managing Director David Friedman. Friedman's calculations assume an end to the war by April. Friedman said that if the war ends...

New Super-Sol president. (David Alphandry)
February 1, 1991... David Alphandry has been appointed president of Super-Sol, replacing David Wainshall, who has been appointed managing director of Clal. Alphandry is currently deputy general manager of operations for the Super-Sol chain. Both appointments...

Tadiran turns the corner. (increased sales)
February 1, 1991... Tadiran ended 1990 with sales of $903 million, compared to $822.5 million in sales in 1989. Tadiran, owned by Koor Industries, witnessed this improvement in sales following implementation of a comprehensive recovery program. According to...

Israel unaffected by Gulf spill. (Iraqi oil spill in Persian Gulf during 1991 Persian Gulf War)
February 1, 1991... The Iraqi oil spill in the Gulf will not have any effect on Israel, according to the Director of Israel Oceanographic and Liminological Research, Dr. Yuval Cohen. The oil spill is thousand of kilometers from the Gulf of Eilat, and even if a...

Dazix continues operations. (in Israel)
February 1, 1991... Following the Intergraph acquisition of Dazix (formerly Daisy) in the U.S., and the subsequent announcement of closure of the company's development center in Israel (see ICEN, Vol. 206, No. 16.4), Intergraph has decided to continue to operate,...

The George and Robert Faktor. (German investor George Faktor, son Robert Faktor)
February 1, 1991... German investor George Faktor will acquire a 50 percent stake in the Kibbutz Artzi building company in exchange for $7 million; $4.5 million will be paid to Kibbutz Artzi, while the balance will remain in the company as working capital. "I am...

Healthy date exports. (Agriculture)
February 1, 1991... Fresh and dried dates, valued at $1.25 million, will be exported to the U.S. and Europe in January, with 350 tons going to the U.S., Spain, Italy, Holland and England. Although Iraq, the world's largest exporter of dates, has not shipped any...

Water quotas cut. (Agriculture)
February 1, 1991... The Ministry of Agriculture will cut water quotas by 700 million cubic meters in the next two years, which is more than 60 percent of the water allocated to agriculture. The only exceptions are the Upper Galilee and the Golan Heights,...

Agrexco exports maintained. (Agrexco Agricultural Export Company Ltd.) (Agriculture)
February 1, 1991... Despite the Gulf war, Agrexco will export 1,500 tons of agricultural produce this week; the produce will be transported to a European port via a refrigerated cargo ship. An Agrexco spokesman said that even though many of the producers had...

New bird ID center. (identification, National Center for Identification of Feather Remains in Israel) (Aviation)
February 1, 1991... Tel Aviv University, in conjunction with the Israel Raptor Information Center (IRIC) will establish the National Center for Identification of Feather Remains in Israel. The Center will keep accurate records of aircraft/bird collisions,...

C.A.L. flights to Europe. (C.A.L. Cargo Airlines) (Aviation)
February 1, 1991... C.A.L. Cargo Airlines will fly 1,600 tons of agricultural produce on 15 cargo flights to Europe this week. Safrir Nelkin, managing director of C.A.L., confirmed that most of these flights will be on Boeing 747 aircraft flying to the company's...

Lieberman all alone. (Jack Lieberman, bidding for Mizrahi Bank) (Banking)
February 1, 1991... Unless there is a dramatic shift in the Gulf war, most of the bidders interested in acquiring United Mizrahi Bank will drop out. M.I. Holdings, the government company responsible for the sale of the banks, has already extended the tender for...

Treasury considering bank share issue. (Israel Ministry of Finance: Treasury) (Banking)
February 1, 1991... The Minister of Finance, Yitzhak Moda'i, is examining the possibility of raising government capital by issuing bank shares on the Tel Aviv Stock Exchange. The intention is to sell five percent and ten percent bundles of IDB Bankholding and...

Increase in overseas bank deposits. (Banking)
February 1, 1991... Total overseas bank deposits increased by 25 percent last year and at the end of September amounted to $6.4 billion, according to the Bank of Israel. Officials of the Ministry of Finance and the Bank of Israel believe that these deposits are...

FIBI to the rescue. (First International Bank of Israel customer services) (Banking)
February 1, 1991... The First International Bank of Israel is now providing its clients with round-the-clock banking services. The services offered include deferral of loan payments for three months, retroactive savings scheme options and points for the deposit...

Nightline in Israel. (television news program) (Communications)
February 1, 1991... Ted Koppel's program "Nightline", with Hebrew subtitles, will be broadcast nightly by Israel's Second Channel. The agreement to broadcast the program in Israel was reached following Ted Koppel's personal intervention; ABC agreed to allow the...

Communications with European Community. (Communications)
February 1, 1991... The Manufacturers Association of Israel will shortly operate a computerized communications center (BC-NET) for industrial cooperation with the European Community, following an agreement reached between Minister of Industry & Trade Ariel Sharon...

New software for real estate agents. (H. Dexter Systems Analysis and Database Solutions' Mac-Real Estate) (Computers)
February 1, 1991... A new program for real estate agents has been developed by Dr. Hilory Dexter of H. Dexter Systems Analysis and Database Solutions. The program, 'Mac-Real Estate' combines a related database and management system especially designed for real...

More woe for delinquent parkers. (computerized system for parking tickets) (Computers)
February 1, 1991... A new computerized system for parking tickets has commenced operation. The system comprises a portable terminal on which the details of the offender are directly keyed in. The data recorded in the terminal is later transferred to a PC where...

New Lotus distributor. (Lotus Development Israel, Hilan) (Computers)
February 1, 1991... As a result of increasing orders for Lotus Development products, the Israeli subsidiary, Lotus Development Israel, has changed its distributor in Israel. On January 1, 1991, Hilan became the main distributor of Lotus products in Israel while...

EC discussions on software house. (European Community interest in investing in Israeli software house for translating western European and U.S. software) (Computers)
February 1, 1991... In negotiations with Labor Party Chairman Shimon Peres, European Community (EC) representatives expressed interest in investing $120 million in setting up a large Israeli software house which will employ 1,000 computer personnel from various...

Building industry quiet. (Construction)
February 1, 1991... Minister of Construction and Housing Ariel Sharon, said that the building industry is quiet because the Arab workers from the territories have not returned to work, as well as the shortage of workers from Israel who have been called into...

Solel Boneh to repair damage. (damage to Tel Aviv, Israel, from Scud missile attacks during 1991 Persian Gulf War) (Construction)
February 1, 1991... The city of Tel Aviv has commissioned Solel Boneh to repair some of the damage in southern Tel Aviv caused by Iraq's Scud missile attacks, without the benefit of a public tender. Solel Boneh will repair 20 houses and payment will be arranged...

Immigrant housing delays. (Construction)
February 1, 1991... The need to refurbish and repair more than 1,000 apartments damaged by missiles will cause additional delays in building immigrant housing. Sources in the building industry say that the unexpected requirements will aggravate the problems facing...

Ashkelon mobile home plant. (Ashkelon, Israel, joint venture company established by Malibu Israel and David Kulitz) (Construction)
February 1, 1991... Building contracting company Malibu Israel and businessman David Kulitz will set up a plant to manufacture mobile homes in the Ashkelon industrial zone. The partnership (Malibu 70 percent, David Kulitz 30 percent), recently acquired the land...

Suspected software seized. (illegally copied Microsoft Corp. software) (Criminal)
February 1, 1991... Representatives of Microsoft, together with the Israeli police, raided a store of the Dynamic chain in Herzliya and seized 46 computer programs suspected of being illegally copied. At the request of Microsoft, an injunction was issued against...

German military aid. (Defense and Security)
February 1, 1991... German Foreign Minister Hans-Dietrich Genscher, said in a radio interview that Israel can rely on fast military aid from Germany: "When Israel will inform us how we can contribute to its defense against the threatening danger, we will give the...

Israel Prize for Tel Aviv professor. (Elhanan Helpman) (Education)
February 1, 1991... Professor Elhanan Helpman of Tel Aviv University's Department of Economics has won this year's Israel Prize in his field. Helpman is the incumbent of the Archie Sherman Chair in International Economic Relations and is a member of the Israel...

Domestic remote controller. (video remote control manufactured by Playtech R&D Center) (Electronics) (product announcement)
February 1, 1991... Playtech R & D Center, owned jointly by Elbit and the Eisenberg Group, has begun marketing 20,000 of its video remote control units in the U.S., and is preparing for an additional shipment of 500,000 units. The units eliminate the need for...

Plasto-Ispak 91. (international exhibition of plastics and packaging held in Tel Aviv, Israel, March 1991) (Exhibitions, Conferences, and Seminars)
February 1, 1991... Buyers from the U.S., U.K., Germany, Hungary and Poland have confirmed their participation in the international exhibition of plastics and packaging "Plasto-Ispak 91" to be held at the Tel Aviv Exhibition Grounds from March 17-21, 1991, says...

Logistics for unified Europe. (Israel Export Institute seminar held in Tel Aviv, Israel, February 1991) (Exhibitions, Conferences, and Seminars)
February 1, 1991... The Israel Export Institute will hold a two-day seminar on February 12-13, 1991, at the Tuxedo hall in Tel Aviv, entitled "Logistics and Transport in a Unified Europe". Subjects to be discussed include establishment of overland distribution...

Seminar on land ownership. (Division for Economic Policy Research of the Institute for Advanced Strategic and Political Studies seminar held in Jerusalem, Israel, February 1991) (Exhibitions, Conferences, and Seminars)
February 1, 1991... The Division for Economic Policy Research of the Institute for Advanced Strategic and Political Studies will hold a seminar on the subject of land ownership and its use. State control and allocation of land constitute one of the most important...

Treasury foresees budget problems. (Israel Ministry of Finance: Treasury) (Finance)
February 1, 1991... The Ministry of Finance foresees severe budget financing problems in the coming months due to the unexpected expenses resulting from the Gulf war and the delay in bonds issues and savings programs. The ministry considers the problem of sources...

Currency regulations relaxed. (Finance)
February 1, 1991... The Bank of Israel has eased regulations concerning the payment of foreign debts in cash. This easing is a result of foreign suppliers requiring cash payment for goods. Buyers now can pay all of the purchase price in cash. Until now,...

Debt rescheduling. (domestic industrial and private sectors) (Finance)
February 1, 1991... The Ministry of Finance, in conjunction with the banks and the Manufacturers Association, is examining a proposal whereby part of the indebtedness of the industrial and private sectors would be rescheduled for a period of three months. The...

Four new companies in Sderot. (Noble Enterprises, Philor, Nissan Bandages) (Finance)
February 1, 1991... Four new companies have opened in the Negev development town of Sderot in recent months. The factories, whose production is geared towards the export market, have hired 350 new workers. The municipality continues working on other projects to...

Government to invest in private industry. (Israeli) (Finance)
February 1, 1991... Minister of Industry and Trade Moshe Nissim has announced a new program to promote economic growth and create investment. The government will invest large sums in plants established as a partnership between the government and a private...

Koppel demands option execution. (Koppel Rent-A-Car options to acquire Gazit Investment Co.) (Finance)
February 1, 1991... Koppel (Rent-A-Car) claims it has an option to acquire control of the Gazit investment company; the potential transaction is estimated at $1.5 million to $2 million. Koppel maintains that its offer to acquire Gazit was accepted by the foreign...

Trade deficit predicted for 1991. (Israel) (Finance )
February 1, 1991... The 1991 Israeli trade deficit is expected to total $6 billion, compared to a deficit of $3.6 billion in 1990, says Yoram Radoshitsky, chairman of the foreign trade committee of the Manufacturers Association. In the years 1991-92, the Israeli...

Israeli stocks firm in the U.S. (Finance)
February 1, 1991... Despite the threats to Israel related to the Gulf war, Israeli stocks are doing well in the U.S. Investors are betting that the country can weather the tensions and that Israeli companies will return to a period of solid growth. Besides...

No food shortages. (Israel) (Food, Beverages and Tobacco)
February 1, 1991... Since the beginning of January, sales of food products have increased by 300 percent compared to the same period last year, according to Kurt Gibor, director of food industries at the Manufacturers Association. Gibor emphasized that there is...

State of the market. (supermarkets, food industry stocks) (Food, Beverages and Tobacco)
February 1, 1991... Food industry shares have increased by an average of 20 percent since the start of the Gulf war. Supermarket chains reported increased sales of 50 percent, resulting in an increase of 28 percent in Super-Sol A shares, while shares of Sunfrost,...

A taste of back home. (Wendy's and Coca Cola products distributed to American soldiers manning Patriot missile batteries in Israel) (Food, Beverages and Tobacco)
February 1, 1991... Israeli companies are providing the American crews manning the Patriot missile batteries with a taste of home. Wendy's has provided the soldiers with 450 helpings of burgers, french fries and Pepsi Cola. Every package has a note thanking the...

Delay in matzo production. (Israel) (Food, Beverages and Tobacco)
February 1, 1991... Production of matzos, which usually starts some two months before Passover, both for the local market and export, has been disturbed by the Gulf war. Matzot Israel has been concentrating its efforts on production of crackers and salt sticks....

Clal to market Reebok. (Clal Industries, athletic shoes and apparel) (Footwear)
February 1, 1991... Clal has obtained the rights to market Reebok products in Israel. Emanuel Shalem, general manager of Clal Marketing and Commerce, said that all models of Reebok shoes will soon be available. In time for the summer season, the company will...

War affects importers, manufacturers. (1991 Persian Gulf War) (Imports)
February 1, 1991... The slowdown in economic activity resulting from the Gulf War has begun to hit importers and manufacturers. Initially, retailers experienced reduced cash flow, and now the importers and manufacturers have felt the pinch. The major cause has...

Retroactive insurance for missile damage. (Scud missiles fired by Iraq at Israel during 1991 Persian Gulf War) (Insurance)
February 1, 1991... The Knesset Finance Committee approved two regulations submitted by Income Tax Commissioner Moshe Gavish relating to war damage compensation. The Committee approved updating of the compensation tariffs for compulsory insurance of the used...

Lloyd's rates yo-yo. (Lloyds of London, insurance rates) (Insurance)
February 1, 1991... Lloyd's has again increased the war risks insurance premiums for ocean freight to Israel. Premiums were raised to 0.75 percent of cargo value for Middle East ports, though the war risks premium for air freight was dropped to 0.25 percent....

Employees can't be fired. (Israeli regulation forbidding firing of employees absent from work following the beginning of the 1991 Persian Gulf War) (Labor)
February 1, 1991... In response to anxious mothers, the government approved a special regulation forbidding firing of an employee absent from work in the days following outbreak of the Gulf war; the regulation was passed unanimously by the Knesset. According to...

Prosecuting executives. (Israeli law placing criminal liability on managers who mislead the public on financial matters) (Legislation)
February 1, 1991... The Knesset will soon approve a special law which is causing a commotion among the management cadres in Israel. The law places criminal liability on managers who mislead the public with false financial reports. The new legislation, initiated...

Hamashbir represents Iveco. (Hamashbir Hamerkazi) (Motor Industry)
February 1, 1991... Hamashbir Hamerkazi has set up a new subsidiary to represent Iveco, a commercial vehicle manufacturer, wholly-owned by Fiat; to date, representation was handled by the equipment and machinery division of Hamashbir. The decision to establish a...

Apartment prices drop. (in Israel) (Real Estate)
February 1, 1991... For the first time in two years, there has been a drop in the real prices of apartments, according to a survey conducted by economist ast Tefahot Israel Mortgage Bank. In the last quarter of 1990, there was a real drop of 1.9 percent in the...

Dankner buys site in Jerusalem. (Dankner Construction and Development) (Real Estate)
February 1, 1991... Dankner Construction and Development has purchased one of the most expensive and prestigious sites in Jerusalem from Matityahu Lifshitz and businessman David Cohen of Germany. This is a percentage transaction, where Dankner will pay the...

New hyper markets. (construction of two markets in Israel by the Hyper Shuk Tnuva chain) (Real Estate)
February 1, 1991... The Hyper Shuk Tnuva chain is planning to open two more hypermarkets in March. One of the stores will be in the Panorama building in Holon covering an area of 2,000 square meters. This hypermarket will be wholly-owned by Hyper Shuk Tnuva....

Jerusalem hotels full. (Tourism)
February 1, 1991... The hotels in Jerusalem are filled to capacity, and business is better than during the peak season. The hotels, which had a 5 percent occupancy rate before the Gulf war, are now saturated with Tel Avivians. In the morning, the normally clear...

Tourism investments in Haifa. (Hof Hacarmel) (Tourism)
February 1, 1991... Despite the Gulf war, plans to develop and expand the existing tourist infrastructure at Hof Hacarmel is under discussion. The plan, which was prepared prior to the outbreak of the war, is now being considered as urgent and essential....

Controlling interest in Lagoona Hotel. (Isrotel) (Tourism)
February 1, 1991... Isrotel will apparently obtain a controlling interest of 56.5 percent in Eilat's Lagoona Hotel, following the announcement of the hotel owner, a foreign resident, of his willingness to sell 14.5 percent of the hotel shares in exchange for...

Gideon Ben-Zvi: managing director, Ligature. (Personal Profile)
February 1, 1991... Managing Director, Ligature Gideon Ben-Zvi, 30, is the founder and managing director of Ligature, developer of an optical character recognition (OCR) system introduced just over a year ago. Via Ligature's OCR system, it takes less than...

High-flying Israel Aircraft Industries. (This Week)
February 8, 1991... High-Flying Israel Aircraft Industries Israel Aircraft Industries expects 1991 sales of $1.6 billion, $1.3 billion of which will be exports. According to IAI Managing Director Moshe Keret: "Notwithstanding the Gulf war, IAI is still receiving...

Growth at Intel. (This Week)
February 8, 1991... Growth at Intel Exports of Intel Israel, a wholly-owned subsidiary of Intel U.S.A., totaled $149 million in 1990, a 17 percent increase over 1989, according to Managing Director Professor Dov Fruman. Intel Electronics, the Jerusalem-based...

'Green' pallet order from GE. (General Electric Plastics) (This Week)
February 8, 1991... |Green' Pallet Order from GE General Electric Plastics (GEP) has ordered 50,000 Omni pallets manufactured by ZAG Project Development and Polyziv, the plastics-manufacturing plant belonging to Kibbutz Gesher Haziv. The pallet, made of...

Elscint changes image. (finance) (This Week)
February 8, 1991... Elscint Changes Image Sources close to Elscint, a world leader in medical imaging products and systems whose shares are traded on the New York Stock Exchange, estimate 1990 corporate earnings at $11 million to $12 million. The company earned...

Faktor fractionalizes. (George Faktor, Israel Edible Products shareholder) (This Week)
February 8, 1991... Faktor Fractionalizes Disagreements between shareholders of Elite Industries and Israel Edible Products (IEP) are delaying signing of the agreement between the two companies. (See ICEN Vol. 211). Accordingly, the request for approval of the...

Nitzani replaces Refuah. (Joseph Nitzani; Ze'ev Refuah; Israel's Government Companies Authority) (This Week)
February 8, 1991... Nitzani Replaces Refuah Joseph Nitzani, managing director of the Tel Aviv Stock Exchange (TASE), has been appointed director of the Government Companies Authority replacing Ze'ev Refuah. Nitzani says that "after 15 years at the TASE, I...

Bruno, Moda'i nix Recanati. (Michael Bruno, Yitzhak Moda'i; acquisition of IDB Bankholding Corp. by Raphael Recanati group) (This Week)
February 8, 1991... Bruno, Moda'i Nix Recanati Bank of Israel Governor Professor Michael Bruno and Finance Minister Yitzhak Moda'i have come out against the re-acquisition of IDB Bankholding Corp. by the Raphael Recanati group. This position was reached in the...

Supplemental defense budget. (This Week)
February 8, 1991... Supplemental Defense Budget In response to Defense Minister Moshe Arens' budget request for NIS 300 million, the Government has approved an additional defense budget of NIS 243 million to finance Gulf war outlays. The addition will be...

Additional U.S. aid doubtful. (Persian Gulf War 1991-) (This Week)
February 8, 1991... Additional U.S. Aid Doubtful The U.S. will find it difficult to aid Israel in repairing damages caused by the Gulf war, according to close aides of President Bush. The aides have already informed Jewish leaders in the U.S. that the prospects...

DSI negotiating for Daisy. (Decision Systems Israel; Dazix Israel) (This Week)
February 8, 1991... DSI Negotiating for Daisy Decision Systems Israel (DSI) is negotiating for the acquisition of Dazix Israel. DSI President Amihai Ben David left for the U.S. to meet with senior executives at Intergraph, which acquired ownership of Daisy's...

Newspapers and advertising hurting. (Advertising and Public Relations)
February 8, 1991... Newspapers and Advertising Hurting Daily newspapers are losing income due to a significant drop in space advertising. The Advertiser's Association of Israel reports that in the past week, space advertising had dropped more than 50 percent...

No cigarettes here. (Advertising and Public Relations)
February 8, 1991... No Cigarettes Here Israel Television (ITV) canceled a broadcast of a basketball game between Maccabi Tel Aviv and Germany's Leverkusin because the court billboards had advertisements of Israeli cigarettes; Israeli television is prohibited...

Tower Air flying on empty. (Aviation)
February 8, 1991... Tower Air Flying on Empty Tower Air, the only foreign airline continuing to provide service to Israel, has been refused insurance coverage by U.S. civil aviation authorities because of the war in the region. As a result, the airline is...

Rubber checks. (Banking)
February 8, 1991... Rubber Checks NIS 20 million in checks are being returned every day; the banking sector reports that the rate of bounced checks is 20 percent in small banks and 15 percent in larger banks. Many customer accounts face being restricted and...

Changes at Leumi. (Bank Leumi director quits) (Banking)
February 8, 1991... Changes At Leumi There has been a shuffling of positions in the corporate division of Bank Leumi. Shoshana Weinshall, the director of the corporate division has quit and will be replaced by Dr. Ehud Shapiro, a senior bank executive....

Mizahi sale still on. (United Mizrahi Bank) (Banking )
February 8, 1991... Mizrahi Sale Still On Adiel Amorai, chairman of M.I. Holdings, confirmed that three is no intention to postpone the sale of United Mizrahi Bank beyond February 26, 1991, the date contenders must submit full details of their partners. Some...

Investments in chemical industry. (Chemicals)
February 8, 1991... Investments in Chemical Industry Oil Refineries will invest between $300 million and $400 million in equipment to increase gasoline output and produce MTB (gasoline additive replacing lead), reported Refineries Managing Director Moshe Bar...

Makhteshim and Agan in France. (Makhteshim Chemical Works, Agan Chemical Manufacturers) (Chemicals)
February 8, 1991... Makhteshim and Agan in France Makhteshim Chemical Works and Agan Chemical Manufacturers have opened a marketing and sales office in France; Makhteshim, which is owned by Koor Indutries, holds a 57 percent share in Agan. The office was opened...

Teth Beth interested in Itzhar. (Chemicals)
February 8, 1991... Teth Beth Interested in Itzhar Teth Beth, owned by the Trubovitz and Berger families, is negotiating to acquire a controlling interest in Itzhar Industries, currently controlled by Yitzhak Mittelman; both companies are manufacturers of oils...

ECI Cancels Jerusalem plans. (ECI Telecom Ltd.) (Communications)
February 8, 1991... ECI Cancels Jerusalem Plans ECI Telecom management has canceled plans to build a new plant in Jerusalem after the Israel Investment Center withdrew its prior approval to recognize the plant as an approved enterprise. The expansion...