ICEN articles from July 1990

ICEN archives from July 1990

Appelbaum: revise Operation Independence. (Boaz Appelbaum) (Finance)
July 4, 1990... Appelbaum: Revise Operation Independence Boaz Appelbaum, the advisor to the finance minister, has submitted a plan to substantially revise Operation Independence. He proposes closing the project's offices in New York and London. Appelbaum, who...

U.S. - Israel "Country Fund". (B.E.A. amd Partners new mutual fund) (Finance)
July 4, 1990... U.S. -- Israel "Country Fund" An American mutual fund that plans to invest in Israel has submitted a prospectus to the U.S. Securities and Exchange Commission (SEC) to raise $60 million on the New York capital markets. Three American...

Ice cream in meltdown. (Israel. Ministry of Trade and Industry to allow ice cream mix importation) (Food, Beverages and Tobacco)
July 4, 1990... Ice Cream in Meltdown The Ministry of Industry and Trade is considering allowing imports of prepared ice-cream mixes. Producers of ice cream oppose these imports, claiming they may harm local production and charging that the U.S. and EEC...

Dubek loses in first quarter. (Food, Beverages and Tobacco)
July 4, 1990... Dubek Loses in First Quarter Dubek cigarette manufacturers ended the first quarter of 1990 with net losses of NIS 417,000, compared with a NIS 969,000 net loss for all of 1989. Management attributes the red ink to the government's failure to...

Tabori creditors agreement. (Tabori Soft Drinks) (Food, Beverages and Tobacco)
July 4, 1990... Tabori Creditors Agreement An agreement between the Tabori Soft Drinks concern and its unsecured creditors was placed before the Tel Aviv District Court for approval. The agreement was approved by the secured creditors -- Bank Leumi, Bank...

Reduced demand for frozen vegetables. (Sunfrost sales) (Food, Beverages and Tobacco)
July 4, 1990... Reduced Demand for Frozen Vegetables Over the past several months, there has been a discernible downward trend in consumer demand for frozen foods, especially vegetables. This has affected frozen food processor Sunfrost in particular,...

Golan wines in Japan. (Golan Heights Winery exports) (Food, Beverages and Tobacco)
July 4, 1990... Golan Wines in Japan Golan Heights Winery plans to export only $150,000 worth of wines to Japan in 1990, but the very fact that its products are being sold there at all is considered a breakthrough, especially since they are sold with the...

Elite to issue bonds. (Food, Beverages and Tobacco)
July 4, 1990... Elite to Issue Bonds Elite plans to raise NIS 40 million this month by issuing non-covertible index-linked bonds. The underwriting syndicate will have four members. Proceeds will be used towards developing new production facilities for...

Brill distributes through Teva Naot. (Brill Shoes) (Footwear)
July 4, 1990... Brill Distributes through Teva Naot Brill Shoes will begin marketing its products through Teva Naot as part of a cooperation agreement the two companies signed recently. The companies decided on the step because of the continuing effects the...

Imports more expensive here than abroad. (Israel)
July 4, 1990... Imports More Expensive Here Than Abroad A survey of various imported products conducted by Yissum Market Research on behalf of the Manufacturers' Association indicates that they are often dozens and sometimes even hundreds of percent more...

Car insurance committee. (Association of Insurance Agencies in Israel) (Insurance)
July 4, 1990... Car Insurance Committee The Association of Insurance Agencies in Israel has decided to establish a committee to examine proposed changes in vehicle insurance rates. The new structure is supposed to reflect an individual's driving record and...

Court cancels Clal's win. (Israel. Supreme Court, Clal Systems) (Litigation)
July 4, 1990... Court Cancels Clal's Win The Supreme Court has ruled in favor of IBM Israel, which had brought suit to cancell the courts' acquisition committee's decision giving the tender to computerize the courts system to Clal Systems, which represents...

Miromit to the stock exchange. (Miromit Ashkelon Metal Products) (Metal and Electrical Industry)
July 4, 1990... Miromit to the Stock Exchange Miromit Ashkelon Metal Products, manufacturers of solar-energy water heaters and steel shelving, plans to raise NIS 4.2 million on the stock exchange next month by issuing shares and options. Miromit is the third...

Champion takes Seat. (Champion Motors, import rights to Seat, automobile) (Motor Industry)
July 4, 1990... Champion Takes Seat Champion Motors, distributors of Volkswagen in Israel, has also become the importer of Seat cars from Spain. The Sa'am agency, owned by Delek Investments has transferred the import rights (cars and spare parts) to Champion,...

Schneller base on cemetery. (Schneller, Israel, former army base site) (Real Estate)
July 4, 1990... Schneller Base on Cemetery According to the local Jerusalem paper Kol Ha'ir, a large 400-apartment housing development for ultra-orthodox families, scheduled to be built on the site of the city's Schneller army base, after the base has been...

Twin Towers in Ramat Gan. (Ramat Gan, Israel) (Real Estate)
July 4, 1990... Twin Towers in Ramat Gan The Twin Towers company has begun construction of the first of two matching office towers in Ramat Gan on the former site of the Assis building. Each tower will be 15 stories high and will have around 15,000 sq.m. of...

Tadiran lease problems. (Tadiran-Israel Electronics Industries Ltd., Givat Shmuel, Israel, office building contract) (Real Estate)
July 4, 1990... Tadiran Lease Problems Tadiran is negotiating to cancel its lease on the building in Givat Shmuel on the Geha Road, that had until recently been the site of its headquarters. Tadiran will apparently have to pay $3.6 million to be released from...

Shopping mall for Manahat. (Manahat section of Jerusalem, Israel) (Real Estate)
July 4, 1990... Shopping Mall for Manahat A new shopping mall and industrial area is being planned for Manahat, located in southwest Jerusalem. Dov Kehat, director general of the Interior Ministry approved the plan on Tuesday. There were several objections to...

Akirov to mortgage opera tower. (El-Rob's Alfred Akirov) (Real Estate)
July 4, 1990... Akirov to Mortgage Opera Tower Alfred Akirov, through the El-Rob company, plans to raise NIS 20 million through an index-linked bond issue and to provide the firm's opera-house tower, now under construction on the sea-front at the bottom of...

$2 million plot in Jerusalem. (Isras Investment acquires three-quarter acre building site, Jerusalem, Israel) (Real Estate)
July 4, 1990... $2 Million Plot In Jerusalem Isras Investment has won Kupat Holim Haclalit's tender and acquired a three-quarter acre plot opposite Beit Elisheva in Jerusalem's Greek Colony neighborhood for $2 million. A ten- story, 6,000 sq. m.-building,...

Rents in Rishon. (Rishon Lezion district of Tel Aviv, Israel industrial rentals) (Real Estate)
July 4, 1990... Rents in Rishon Rents for industrial premises in the Rishon Lezion area remain low, due to the glut of available space and the economic slowdown. A company in the steel industry recently leased a 900 sq. m. facility in a building owned by...

Olivetti signs Fibronics. (Olivetti Systems and Networks, Fibronics International Inc. contract)
July 4, 1990... Olivetti Signs Fibronics Computer giant Olivetti Systems and Networks (OSN) has signed a major OEM agreement with Fibronics. In terms of the agreement, Olivetti will sell Fibronics' network distribution system products under its private label....

Safra investigates IDB. (Safra Banking Group, IDB Group)
July 4, 1990... Safra Investigates IDB Representatives of banker Edmond Safra, head of the Safra Banking Group active in New York and Europe, are investigating the possibility of participating in the tender published by M.I. Holdings for the sale of the IDB...

John Bryce - Air France deal.
July 4, 1990... John Bryce -- Air France Deal John Bryce, the Jerusalem software firm, has won a $1.5 million tender to be the principal sub-contractor for DEC-France in developing a $5 million airplane maintenance documentation system for Air France. John...

Elscint's sales to China. (Elscint Ltd.)
July 4, 1990... Elscint's Sales to China China has purchased nuclear medical imaging systems worth millions of dollars from Elscint. The sale was transacted through an American company that specializes in the export and marketing of medical equipment....

Bank of America checks potential. (Israel tourist industry investment)
July 4, 1990... Bank of America Checks Potential Bank of America, the third largest bank in the U.S., is considering investing in the Israeli tourism industry. Jim Miscoll, the vice chairman of the bank's board of directors, met recently with the director...

Ormat's green power unit. (Ormat Turbines, 1965, Ltd., 3.5 MW energy-friendly power unit) (product announcement)
July 4, 1990... Ormat's Green Power Unit Ormat Turbines has unveiled a new multi-purpose power plant that is significant to the world market's ever-increasing demands for clean energy. The new 3.5 MW power unit constitutes a breakthrough by utilizing heat...

IAI in prestigious tender. (Israel Aircraft Industries Ltd., United States. Navy contract) (Aircraft Industry)
July 4, 1990... IAI in Prestigious Tender Israel Aircraft Industries is a serious contender to win the U.S. Navy tender to maintain a fleet of 81 planes used as simulated enemy aircraft in training exercises. IAI had leased the navy two squadrons of its Kfir...

Seven minute commuting. (Nesher Aviation's airplane-taxi service) (Aviation)
July 4, 1990... Seven Minute Commuting An airplane-taxi service may soon begin operating in the Ramat Hasharon, Ra'anana and Herzliya areas. Nesher Aviation, owner of 17 kinds of aircraft, has come up with the idea to ease the traffic jams at the entrance to...

El Al prepares for EEC union. (El Al Israel Airlines, European Economic Commission transportation policy) (Aviation)
July 4, 1990... El Al Prepares for EEC Union In 1993, after new aviation regulations in the wake of the EEC economic union will have gone into effect, the EEC is likely to limit the number of El Al destinations in Europe. According to Rafi Harlev, the...

Interest rate up slightly. (Bank of Israel) (Banking )
July 4, 1990... Interest Rate up Slightly A slight rise was registered in the interest rate in the Bank of Israel's monetary tender to the commercial banks on Thursday. The interest on the NIS 1.4 billion offered to the banks was set at an annual 14.61%...

Bank of Israel vs. banks on interest. (Banking)
July 4, 1990... Bank of Israel vs. Banks on Interest In an effort to narrow the commercial banks' lending-borrowing interest spread and to dampen the profitability of dollar-shekel speculation, the Bank of Israel has cut the volume of unlinked shekel credit...

First Int'l underwrites. (First International Bank of Israel Ltd., securities underwriting) (Banking)
July 4, 1990... First Int'l Underwrites The First International Bank has recently decided to expand its underwriting activities and has established a special unit headed by accountant Ronen Zelnir for this purpose. The first significant securities issue in...

Hapoalim to USSR. (Bank Hapoalim investigating financing of Russian corporations) (Banking)
July 4, 1990... Hapoalim to USSR Bank Hapoalim is looking into establishing food and consumer-goods factories in the Soviet Union with the participation of other Israeli and foreign businesses. The bank is also looking into high-tech projects in Russia. Bank...

Banks need more for immigration. (Israeli banks) (Banking)
July 4, 1990... Banks Need More for Immigration Bank of Israel Governor Michael Bruno has appointed a team to study how the banking system can obtain the necessary funding to finance immigrant-absorption programs. The central bank estimates that in the next...

Banks sale to Gov't Corporations Authority. (Israel. Ministry of Finance plan for privatization of I.M. Holdings, Israel. Ministry of Economics and Planning. Government Corporations Authority) (Banking)
July 4, 1990... Banks Sale to Gov't Corporations Authority The Finance Ministry is considering transferring the handling of government bank shares from government-owned M.I. Holdings, managed by Adi Amorai, to the Government Corporations Authority, headed by...

Central bank's public tender. (Bank of Israel) (Banking)
July 4, 1990... Central Bank's Public Tender The interest rate on the Bank of Israel's monetary tender offered directly to the public was set at 16.9% on Monday, compared with 16.45% last week. Of the NIS 80 million offered, only NIS 78 million was purchased....

MAGIC translated for VAX, UNIX and OS/2. (Mashov Computers' MAGIC, computer program, Digital's VAX computer, UNIX, OS/2 computer programs) (Computers) (product announcement)
July 4, 1990... MAGIC Translated for VAX, UNIX and OS/2 Mashov Computers, an Israeli software house, has announced versions of the MAGIC applications-generator package for Digital's VAX minis, as well as computers that work in the UNIX and OS/2...

Tabori sells Manof to Oshap. (Tabori Enterprises, Manof Systems, Oshap Technologies Ltd.) (Computers) (product announcement)
July 4, 1990... Tabori Sells Manof to Oshap Oshap Technologies reported Monday that it has acquired Manof Systems from Tabori Enterprises. Manof specializes in the development of sophisticated software systems for banking communications. Thirty percent of...

New apartment sales up in June. (Israeli real estate developers) (Construction)
July 4, 1990... New Apartment Sales Up in June During June, the ten leading construction companies sold 356 new apartments, an increase of over 6% compared to May, when 335 flats were sold. Almost all of these apartments are in various stages of construction,...

Preserving "agricultural land." (Committee for the Preservation of Agricultural Land) (Construction)
July 4, 1990... Preserving "Agricultural Land" In spite of the pressing need to build housing on an unprecedented scale to provide homes for the immigrant masses, it's apparently business-as-usual at the Committee for the Preservation of Agricultural Land,...

ILA demand to Shikun Ovdim. (Israel Ministry of Housing and Construction. Israel Lands Administration) (Construction)
July 4, 1990... ILA Demand to Shikun Ovdim The Israel Lands Administration is demanding that the Shikun Ovdim construction company either begin construction on large and expensive land reserves it has had in its possession for a long time or return same to...

Gov't approves Sharon's plan. (Israel, Israel. Ministry of Housing and Construction's Ariel Sharon's prefabricated housing plans) (Construction)
July 4, 1990... Gov't Approves Sharon's Plan The government has approved Housing Minister Ariel Sharon's proposal to implement emergency regulations that will enable the construction of 3,000 prefabricated housing units. These units will be constructed on...

Military trailer order. (Shladot Metal Enterprises-Israel. Ministry of Defense contract) (Defense and Security)
July 4, 1990... Military Trailer Order Shladot Metal Enterprises has won a Defense Ministry tender to supply the IDF with trailers worth NIS 6 million. The Defense Ministry had ordered the trailers through a foreign company in order to finance the acquisition...

Diamond exports up in June. (Israel) (Diamonds, Jewelry & Gems)
July 4, 1990... Diamond Exports Up in June Net diamond exports grew 9% in dollar terms during June, compared to the corresponding month last year. Last month $212 million worth of diamonds were exported, compared with $194 million last year. Accumulated...

Philadelphia law students in Israel. (Temple University) (Education)
July 4, 1990... Philadelphia Law Students in Israel Thirty-one American law students from across the U.S. have just begun summer-semester studies at the Tel Aviv University's faculty of law. The study program, which is in its tenth year, is being offered in...

Satec unique all-electronic power meters. (Powermeters, electrical meters) (Electronics) (product announcement)
July 4, 1990... Satec Unique all-electronic Power Meters Satec's electronic digital display division has introduced its Powermeters series of electrical meters for industry. These digital-panel meters are all-electronic, micro-processor based and feature...

Tadiran report card. (Tadiran Israel Electronics Industries Ltd., earnings) (Electronics)
July 4, 1990... Tadiran Report Card The following is a synopsis of the 1989 business results at various Tadiran divisions and forecasts for this year: * military communications -- 1989 losses totaled $80 million and losses of $20 million are expected for...

Elisra back to Riebman? (Elisra Electronic Systems Ltd., Lee Riebman) (Electronics)
July 4, 1990... Elisra Back to Riebman? A proposal to transfer 58% of Elisra's shares to U.S. businessman Lee Riebman in return for his 6% holding in Tadiran was raised during discussions between the managements of the electronics giant and its Koor...

European subsidiary for Rada. (RADA Electronics Industries Ltd., Adar Active Technology) (Electronics)
July 4, 1990... European Subsidiary for Rada Rada Electronics Industries of Beit Shean has set up its own European subsidiary. Adar Active Technology B.V., a firm based in Holland, will serve the Israel company as a base for the expansion of its overseas...

Superconductivity applications. (Dead Sea Periclase Ltd., Xsirius Superconductivity Inc. producing magnesium oxide wafers) (Electronics)
July 4, 1990... Superconductivity Applications Pure magnesium oxide (MgO) wafers are being produced in close cooperation by two Israeli firms. Dead Sea Periclase extracts MgO from Dead Sea brines for a variety of industrial and chemical applications; Xsirius...

Competition for Eilat power station. (Eilat, Israel) (Energy and Fuels)
July 4, 1990... Competition for Eilat Power Station At least 17 firms are competing in a tender for the establishment of a combined water desalination plant and power station near Eilat. The facility is to sell electricity to the Israel Electric Corporation...

Mooted use of Ashdod's desalination plant. (Israel. Ministry of Energy and Infrastructure. Water commission investigation, Ashdod, Israel) (Energy and Fuels)
July 4, 1990... Mooted Use of Ashdod Desalination Plant The Water Commission is examining the possibility of activating the desalination plant adjacent to Ashdod's electric power station. The plant has a capacity of 20,000 cubic meters of water a day, or...

Day care and working mothers. (Institute of Advanced Strategic and Political Studies seminar) (Exhibitions, Conferences & Seminars)
July 4, 1990... Day Care and Working Mothers The Division for Economic Policy Research of the Institute for Advanced Strategic and Political Studies is to hold a seminar at which Irit Malka, a doctoral student at Bar Ilan University's department of economics...

World computer law conference. (Center for Computer/Law-John Marshall Law School conference) (Exhibitions, Conferences & Seminars)
July 4, 1990... World Computer Law Conference A conference on "The Globalization of the Computer Industry: Coping with the Business and Legal Issues" will be held in Chicago on May 23 - 25, 1991. Co-sponsored by the Center for Computer / Law and the Center...

Open house for exporters. (Israel Export Institute conference) (Exhibitions, Conferences & Seminars)
July 4, 1990... Open House for Exporters Israel Export Institute will be holding an open house for exporters on "Preparing the Company for 1992." Participants will be able to meet with expert advisors and a "hot-line" to Ilan Naveh, Israel's commercial...

Exports to Germany may expect to rise. (Israel) (Exports)
July 4, 1990... Exports to Germany Expected to Rise The Ministry of Industry and Trade's foreign trade administration is examining the repercussions of the German monetary union on Israel's foreign trade. According to Zohar Perry, the administration's general...

Polgat cutting back at Ouman. (Polgat Industries Ltd.) (Fashion)
July 4, 1990... Polgat Cutting Back at Ouman The management of Polgat Industries is preparing to implement widespread cutbacks at its Ouman subsidiary in order to reduce the latter's heavy losses, which amounted to $1.3 million during for the first quarter of...

Housing prices out of CPI. (Bank of Israel considers dropping house prices from consumer price index computations) (Finance)
July 4, 1990... Housing Prices Out of CPI The Bank of Israel is considering excluding the effects of the rise in housing prices in consumer-price-index computations for mortgage payments, cost-of-living wage adjustments and various index-linked financial...

Securities rating delay. (new securities-rating corporation managerial problems) (Finance)
July 4, 1990... Securities Rating Delay A difference of opinion among the founding institutional members of a new securities-rating corporation as to who should be its managing director has caused a postponement in the commencement of its operations, despite...

Operation Independence on the Israeli economy. (Operation Independence seminar) (Finance)
July 4, 1990... Operation Independence on the Israeli Economy An interesting exchange took place between Uri Menashe, managing director of Cargal representing the Manufacturers Association, and Dr. Meir Tamari, retired Bank of Israel senior economist, at last...

Possible exchange rate management change. (Israel. Ministry of Finance) (Finance)
July 4, 1990... Possible Exchange Rate Management Change Officials at the Finance Ministry, concerned about the recent increase in imports and the slowdown in exports -- especially foreign industrial sales--are considering changing exhange- rate policy to...

High-tech mutual fund. (Bokai and Sieler's new mutual fund) (Finance)
July 4, 1990... High-Tech Mutual Fund The Securities Authority and the Treasury's capital market division have approved a new mutual fund that will specialize in the shares of high-tech companies traded on the Tel Aviv Stock Exchange. The fund will be managed...

Slight improvement in economy. (Israel) (Finance)
July 4, 1990... Slight Improvement in Economy According to a report published by the Bank of Israel, during January - May, there was a slight improvement in the economy. However, the slowdown in the commercial and industrial sectors continued, while...

Modai's measures. (Israeli Finance Minister Yitzhak Modai) (Finance)
July 4, 1990... Modai's Measures Finance Minister Modai met with economic reporters this week to air his views on the economy. He stated that while he does not expect to implement measures as drastic as those instituted in 1985, he has proposed a NIS 550...

Exchange halts trade in Intergama. (Tel Aviv Stock Exchange, Intergama-5) (Finance)
July 4, 1990... Exchange Halts Trade in Intergama The Tel Aviv Stock Exchange halted traded in Intergama-5 shares last week following unusual buy orders for the stock. In its announcement, the stock exchange noted it wanted to draw investors' attention to the...

Reserves down in June. (Israel foreign reserves) (Finance)
July 4, 1990... Reserves Down in June Israel's net foreign reserves fell by $369 million in June to $4.305 billion. The drop is attributed to the relatively large withdrawals by the government for debt redemption and other uses, as well as by the private...

Monopolistic policy. (Israel. Ministry of Trade and Industry re-classification of monopolies) (Finance)
July 4, 1990... Monopolistic Policy The Ministry of Industry and Trade is considering a change in policy regarding the supervision of prices of monopoly-produced goods that are fully exposed to competition from imports. Minister Moshe Nissim, in a meeting...

Alleged Supersol distribution charge. (Retail)
July 4, 1990... Alleged Supersol Distribution Charge The Manufacturers Association's food division is examining charges that the Supersol supermarket chain has begun charging producers of new products for stocking their goods. Payments allegedly reach NIS...

Tax exemptions on rent. (rental apartments, Israel) (Taxes and Customs Duties)
July 4, 1990... Tax Exemptions on Rent Tax exemptions on income from the rental of apartments went into effect on July 1. The tax break only applies, however, if neither the landlord nor the tenant are corporate enterprises, unless the landlord is a...

Some tax benefits to be abolished. (Israel) (Taxes and Customs Duties)
July 4, 1990... Some Tax Benefits to be Abolished According to some reports, Finance Minister Yitzhak Moda'i will ask the Knesset Finance Committee to cancel some NIS 60 million in tax benefits granted to residents of various towns and cut the number of...

Proposed tax measures. (Israel. Ministry of Finance. Government Revenues Commission) (Taxes and Customs Duties)
July 4, 1990... Proposed Tax Measures Commissioner of Government Revenues Yoram Gabai announced the following proposed tax measures: * reducing the corporate tax rate this month from 45% to 42% and eventually decreasing it to 41% at the start of 1991 and...

Computer tax fraud to be investigated. (Israel. Ministry of Finance. Income Tax Authority) (Taxes and Customs Duties)
July 4, 1990... Computer Tax Fraud to be Investigated The investigations department of the Income Tax Authority is preparing to look into tax fraud via computer. Apparently, some firms maintain two separate sets of computerized records -- even going so far as...

VAT may go up 1-2%. (value-added tax, Israel) (Taxes and Customs Duties)
July 4, 1990... VAT May Go Up 1-2% Senior Treasury officials favor raising the value added tax (VAT) by 1% -2% in order to increase state revenues by some NIS 1 billion. A 10%-20% increase in cigarette and fuel excise taxes was also among the suggestions...

Stein to inaugurate new Hilton. (Cyril Stein, renovated Hilton Hotel, Jerusalem, Israel) (Tourism)
July 4, 1990... Stein to Inaugurate New Hilton English tycoon Cyril Stein, owner of Ladbroke, which owns the Hilton International hotel chain, plans to visit Israel to inaugurate the renovated Jerusalem Hilton. Some $10 million was invested in giving the...

1992: commercial and legal aspects. (Israel and the United Common Market in 1992 - Business and Legal Aspects, book) (Trade)
July 4, 1990... 1992: Commercial and Legal Aspects Attorney Naomi Assia has authored a compendium of EEC laws relating to commerce, technology and intellectual property entitled, "Israel and the United Common Market in 1992 -- Business and Legal Aspects." The...

Bezeq tariffs up. (Bezeq Israel Telecommunications) (Utilities)
July 4, 1990... Bezeq Tariffs Up Bezeq Israel Telecommunication's local rates have gone up an average 15.85%. The fee for telephone installation is now NIS 684.40 (including VAT); users' fees are now NIS 16.12 a month in big cities, NIS 10.49 in medium-sized...

Electric Corp. issue. (Israel Electric Corp.) (Utilities)
July 4, 1990... Electric Corp. Issue The Israel Electric Corporation plans to raise an additional NIS 200 million by issuing index-linked bonds. A prospectus will be published in August, once it is approved by the Securities Authority, following the release...

Howard A. Cohen. (Personal Profile)
July 4, 1990... Howard A. Cohen President, Operation Independence Personal Details Age: 49. Education: B.A. and J.D. from Rutgers University and an MBA from the George Washington University School of Government and Business Administration. Cohen was...

Digital-Elisra agreement. (Digital Equipment Corp., Elisra Electronic Systems Ltd.)
July 11, 1990... Digital-Elisra Agreement The Digital Equipment Corporation has commissioned Elisra Electronic Systems to develop a special assembly for DEC's VAX computer system, allowing its use in military applications. The agreement, the first ever between...

T.I. & DSP development. (Texas Instruments Inc., DSP Group)
July 11, 1990... T. I. & DSP Development Texas Instruments has announced the signing of an agreement for the joint development of digital signal processing chips with the DSP Group. TI is a world leader in the field of semi-conductors and DSP a leader in the...

IAI delegation returns from Moscow. (Israel Aircraft Industries Ltd.)
July 11, 1990... IAI Delegation Returns from Moscow A large Israel Aircraft Industries delegation has returned from Moscow after completing a series of discussions with the directors of the Soviet Aviation Ministry regarding what has the potential for becoming...

Scitex back to Wall Street. (Scitex Corporation Ltd.)
July 11, 1990... Scitex Back to Wall Street Scitex Corporation is considering an additional Wall Street securities issue worth tens of millions of dollars. The company, which is traded over-the-counter (OTC), has already held talks with several Wall Street...

Carmel Olefins on its way.
July 11, 1990... Carmel Olefins On Its Way With the resolution of a long-standing dispute between the Israel Petrochemical Enterprises and the Oil Refineries, the giant petrochemical company Carmel Olefins has finally been established in the Haifa Bay area. Some...