ICEN articles from May 1991

ICEN archives from May 1991

El Al achievement. (El Al Israel Airlines, earnings)
May 31, 1991... El Al Israel Airlines registered a profit of $14.1 million in 1990 compared to $24.2 million in 1989. El Al is one of the few international airlines to report a profit for 1990. Revenue for the year totaled $785.3 million compared to $711...

Africa Israel profits up 68%. (Africa Israel Investments)
May 31, 1991... Africa Israel Investments has registered a 68 percent increase in net profits for the first quarter of 1991 -- NIS 6.04 million compared to NIS 3.59 million for the same period last year. Income from property remained at the same level as in...

Chickens for China. (Poultry Breeders Union)
May 31, 1991... The Poultry Breeders Union is shipping 4,600 breeding chicks to China. The value of the order is $75,000 and the chicks will form the basis of flocks bred for meat consumption. The Poultry Breeders Union has been making efforts to open up...

New tax rates for cars. (Israel)
May 31, 1991... Finance Minister Yitzhak Moda'i and Transportation Minister Moshe Katsav have signed a tax reform plan that will make cars less expensive to purchase but more expensive to drive. The plan includes a number of stipulations: a 100 percent...

Loose threads at Polgat. (Polgat Industries, losses)
May 31, 1991... Clal Israel subsidiary Polgat Industries ended the first quarter of 1991 with a loss of NIS 2.6 million compared to a loss of NIS 2.1 million for the same quarter last year -- an increase of 22.6 percent; sales dropped by 14 percent -- from...

Package deal signed. (Israel labor contracts)
May 31, 1991... Manufacturers Association President Dov Lautman says the new package deal signed by the Histadrut, Finance Ministry and the Manufacturers Association includes an understanding on devaluation. This is denied by Finance Minister Yitzhak Moda'i...

Leumi profits down 28.6%. (Bank Leumi le-Israel)
May 31, 1991... Bank Leumi reported first-quarter profits of NIS 45 million, down from NIS 63 million for the parallel 1990 period. Operating income grew to NIS 200.8 million as opposed to NIS 180.4 million for the January-March period last year....

Record exports from Agrexco. (Agrexco Agricultural Export Company Ltd.)
May 31, 1991... The Agrexco Agricultural Export Co. has ended the export season of autumn, winter and spring produce with sales of $450 million compared with $390 million for the same period of the 1989/90 season -- an increase of 15 percent. Sources in...

Israel third in flower exports.
May 31, 1991... Israel is the third largest exporter of flowers in the world after Holland and Colombia. In Europe, Israel occupies second place after Holland. Israeli flower exports for the season ending September are forecasted to reach $191 million --...

L & B in Israel. (L and B Contract Industries Inc. lists securities on Tel Aviv Stock Exchange)
May 31, 1991... The U.S. firm L & B Contract Industries, owned by the Salinger family, is to raise $9.6 million on the Tel Aviv Stock Exchange. L & B owns a number of plants throughout the U.S. manufacturing a range of products such as restaurant and hotel...

Mushrooming in the Negev. (Sde Moshe, Israel in the Negev Desert) (Agriculture)
May 31, 1991... A cooperative to grow mushrooms has been formed at the smallholder settlement of Sde Moshe near Netivot. The mushrooms will be cultivated on a 400 square meter area equipped with steam rooms and heating. Mushrooms will be picked daily and...

Mehadrin to export fruit. (Agriculture)
May 31, 1991... Mehadrin and subsidiary Pri-Or, engaged in citrus cultivation, marketing and fruit packing, have applied for licenses to export citrus fruit, avocados and other sub-tropical fruits. In the first quarter of 1991 Mehadrin registered a drop of...

Tnuva Export in citrus management. (joint venture with Kibbutz Dvir) (Agriculture)
May 31, 1991... Fruit exporter Tnuva Export has decided to expand operations into the area of citrus grove management. Tnuva Export, which previously managed 16 fruit packing stations, has now gone into partnership with Kibbutz Dvir to establish a new...

Agricultural trends. (Israel) (Agriculture)
May 31, 1991... The number of workers employed in agriculture dropped from 156,000 in 1989 to 142,000 in 1990--a decrease of 9 percent. Due to cuts in water allocations, it is estimated that another 15,000 people will abandon agriculture in 1991. In real...

Cotton budget dries up. (Israel. Cotton Production and Marketing Board) (Agriculture)
May 31, 1991... The Cotton Production & Marketing Board has set its 1991 budget at NIS 4.8 million compared to NIS 6 million in 1990. At the same time the board has finalized dismissal terms for 25 of its 60 employees. The board is also vacating 60 percent...

Cyclone exposure. (Cyclone Aviation Products) (Aircraft Industry) (company profile)
May 31, 1991... More than 60 percent of Cyclone Aviation Products' sales in 1990 were to two defense clients -- the Israel Defense Forces and an overseas customer in the U.S. Consequently Cyclone is very exposed to cuts in defense budgets although the...

New El Al-Aeroflot accord. (El Al Israel Airlines) (Aviation)
May 31, 1991... El Al and the Soviet airline Aeroflot have signed an agreement increasing the number of flights between the two countries. As of June 12, El AL will schedule two charter flights per week, while between May 28 and September 30, Aeroflot will...

Leumi Investments profits down. (Leumi and Company Investment Bankers) (Banking)
May 31, 1991... Bank Leumi subsidiary Leumi & Co. Investment Bankers ended the first quarter of 1990 with a net profit of NIS 326,000--a decrease of 55 percent compared with the same quarter last year. On a yearly basis, the profit constitutes a return of...

Cash for agriculture bank. (Israel. Knesset increases equity for Israel Bank of Agriculture) (Banking)
May 31, 1991... The Knesset finance committee has approved the Finance Ministry request to increase the equity of the Israel Bank of Agriculture by NIS 32 million. Amnon Goldshmidt, supervisor of banks at the Bank of Israel, told the committee that the Bank...

Nominations for UMB. (United Mizrahi Bank takeover) (Banking)
May 31, 1991... The Meir group, one of three groups bidding for the controlling interest in United Mizrahi Bank, has named Yedidia Greenberg as its candidate for the position of managing director; Greenberg is currently in charge of the insurance and capital...

New Bank Leumi investment fund. (Bank Leumi le-Israel) (Banking)
May 31, 1991... Bank Leumi Chairman Moshe Sanbar has announced the establishment of a $1.1 billion investment fund. Overseas investors will be invited to acquire share packages of $5 million and each investor will be required to raise some $30 million until...

Industrial Bank results down. (Industrial Development Bank) (Banking)
May 31, 1991... The Industrial Development Bank ended the first quarter of 1990 with a net profit of NIS 2.15 million compared to NIS 2.9 million for the same period last year. Equity totaled NIS 126.6 million, with the reported profit representing an...

Agan, Makhteshim terminate relations with Koortrade. (Agan Chemical Manufacturers, Makhteshim Chemical Works) (Chemicals)
May 31, 1991... Koor Industries' subsidiaries Makhteshim Chemical Works and Agan Chemical Manufacturers have decided to stop overseas marketing through another Koor subsidiary Koortrade. Makhteshim and Agan maintain joint marketing networks in a number of...

Teth Beth merger with Izhar approved. (Izhar Industries) (Chemicals)
May 31, 1991... Ze'ev Galmour, director of the anti-trust division of the Ministry of Industry and Trade, has approved the merger of Teth Beth with Izhar Industries. Izhar is currently in the hands of the receiver and its sale to Teth Beth was approved by...

MAGIC for Digital. (MAGIC, computer software program, Digital Equipment Corp.) (Computers)
May 31, 1991... Digital Equipment and Mashov Computers have signed an agreement by which Digital will market the Mashov application generator MAGIC. Digital will offer the new version -- Magic/VMS -- for use on all VAX computers. The new version is...

Informix and Sun join forces. (Informix Corp.'s representative COM Software Industries, Sun Microsystems Inc.'s representative A.M. Software Industries) (Computers)
May 31, 1991... COM Software Industries and A.M. Software Industries have signed a joint cooperation agreement. A.M. Software is the sole representative of Sun Microsystems and one of the leading Unix specialists in Israel, while COM is the sole...

New Zataco agent. (T.P.M. Israel) (Computers)
May 31, 1991... The U.S. company Zetaco, manufacturers of compatible hard disks for Data General computers, has appointed T.P.M. Israel as its agents in Israel; previously, the Team Computer & Systems subsidiary Omnitech represented Zetaco. Zetaco says the...

New mainframe for Malam. (Malam Systems installs IBM 9121/260, mainframe computer) (Computers)
May 31, 1991... The government-owned computing center Malam Systems has installed a new IBM 9121/260 mainframe computer. The system incorporates the latest state-of-the-art technologies and can be split into logic units assigned to specific applications or...

Ben Yakar Gat in Ashkelon project. (Ben Yakar Gat Engineering and Construction, Ashkelon, Israel) (Construction)
May 31, 1991... Ben Yakar Gat Engineering & Construction has laid the cornerstone of a new residential complex in Ashkelon. The complex will comprise 1,320 apartments in 94 buildings; completion is scheduled within 18 months. The project, in conjunction...

New plant for Ramat Hovev. (Joseph Goslan's building materials factory, Ramat Hovev, Israel) (Construction)
May 31, 1991... French businessman Joseph Goslan is erecting a plant in Ramat Hovev south of Beersheba to manufacture building blocks and drywall partitions. The Israel Lands Authority is to lease a four-dunam tract and after the lease agreement is signed,...

Building materials from Egypt. (Egypt imports silicon bricks to Israel) (Construction)
May 31, 1991... Building contractors, particularly those operating in the south of the country, are using building materials imported from Egypt. Each month some 250 meters of silicon bricks are being transported from Egypt directly to sites in Israel....

Tax relief for rental housing. (Israel. Ministry of Finance) (Construction)
May 31, 1991... The Finance Ministry will soon submit a law to the Knesset to encourage construction of apartments for rent. Among the provisions are a number of incentives and tax reliefs applicable to the sale of housing for rent. The draft law is based...

More building starts. (Israel) (Construction)
May 31, 1991... Data published by the Central Bureau of Statistics show that public sector building starts for the first quarter of 1991 totaled 20,950 apartments, including 4,090 prefabricated housing units. This represents a 250 percent increase compared...

All-night shopping. (Tel Aviv, Israel) (Consumer)
May 31, 1991... Tel Aviv is to introduce, on a trial basis, all-night shopping in specified area. In the first stage, stores in the so-called entertainment areas comprising Carleblach Street, Hamasger Street, sections of Petah Tikva Road, Eilat Street and...

Israeli successes in Gulf War. (Israeli defense industry products used in Persian Gulf War, 1991-) (Defense and Security)
May 31, 1991... Although Israel was not an active participant in the Gulf war, many Israeli-produced weapon systems participated in the war. These are now being recognized as having played a prominent role and having performed satisfactorily. The Patriot...

Diamond industry innovations. (Technion - Israel Institute of Technology's Diamond Laboratory) (Diamonds, Jewelry and Gems)
May 31, 1991... For more than 20 years, the Technion's Diamond Laboratory has developed advanced machinery for one of Israel's largest industries. As a result of the reputation built over the years, the laboratory was chosen to help the RCA Corporation...

Training the next generation. (Super-Sol Ltd. provides training for the occupational rehabilitation school in Kfar Saba, Israel) (Education)
May 31, 1991... The Super-Sol supermarket chain has been lecturing to students of the ORT school in Kfar Saba. The topics covered included: store layout; consumer shopping habits; product relationship and multiple exhibits during sales campaigns. The...

High-tech in the Negev. (Reshef Technologies, Sderot, Israel in the Negev Desert) (Electronics) (company profile)
May 31, 1991... In the southern town of Sderot, Reshef Technologies is the second largest employer. Reshef is owned by the U.S. holding company Geotec, which also owns transformer manufacturer Oram Electric Industries. Reshef specializes in the manufacture...

Poor first quarter for Ophir. (Ophir-Aryt Optronics Ltd.) (Electronics)
May 31, 1991... First-quarter 1991 profits of Ophir-Aryt Optronics, manufacturers of laser monitors and optics, dipped by 50 percent to NIS 394,000 compared to NIS 792,000 for the parallel 1990 period. Sales dropped by 22 percent to NIS 3.8 million versus...

RADA results. (Rada Electronic Industries Ltd.) (Electronics)
May 31, 1991... RADA Electronic Industries, the Herzliya-based manufacturer of sophisticated electronic equipment and distributor of electrical components, circuits and subassemblies (See ICEN Vol. 228, CP), has reported that first-quarter sales rose to...

Bugs for Atari. (delay in Atari Computer Corp. building Israeli factory) (Electronics)
May 31, 1991... The Government Companies Authority has decided not to prepare an opinion on the proposal to establish a plant of U.S. computer manufacturer Atari since it does not have sufficient information, neither about the project nor its feasibility....

New joint solar research center. (Weizmann Institute of Science, Ben Gurion University of the Negev. Blaustein Institute for Desert Studies) (Energy and Fuels)
May 31, 1991... The two foci of solar research in Israel - the Weizman Institute of Science in Rehovot and Ben Gurion University's Blaustein Institute for Desert Studies in Sde Boker - have established a joint center that should further enhance Israel's...

Dor negotiating for Colombian crude. (Dor Energy) (Energy and Fuels)
May 31, 1991... Dor Energy is negotiating a long-term contract for the supply of crude oil from Colombia. At the present time, the Ministry of Energy permits only the three major oil companies (Paz, Delek and Sonol) to negotiate long-term oil supply...

Overseas ops of the refineries. (Oil Refineries Ltd.'s overseas operations) (Energy and Fuels)
May 31, 1991... The Haifa-based Oil Refineries is operating three 'straw' companies overseas. Firms dealing with these companies are not aware they are in effect dealing with an Israeli company. The role of the companies is mainly in the area of equipment...

Gas tax still lower than average. (Energy and Fuels )
May 31, 1991... The imminent tax increase on gasoline will push the rate up to around 50 percent - surprisingly lower than most other developed countries which have a gasoline tax. Italian, French, Danish, Portuguese and Irish drivers pay between 70 percent...

Ormat in Italy. (Ormat Turbines) (Energy and Fuels)
May 31, 1991... Ormat Turbines has inaugurated a geothermic power station in the Tuscany region of Italy. The power unit converts hot underground water of 115 degrees centigrade into energy. Italy is the eighth country to install a geothermic power...

Architects to Moscow. (Israeli architectural firms hold exhibit in Moscow, Soviet Union) (Exhibitions, Conferences and Seminars)
May 31, 1991... Some 100 Israeli architectural firms recently held an exhibition in Moscow. The exhibition included 135 displays of various building projects executed in Israel since the establishment of the State. The exhibits will also be shown in Kiev,...

Assisting the entrepreneur. (Israel Export Institute's Aiding Business as a Catalyst for Economic Development, seminar, Tel Aviv, Israel) (Exhibitions, Conferences and Seminars)
May 31, 1991... The Israel Export Institute will hold a one-day seminar entitled "Aiding Business as a Catalyst for Economic Development" on June 20 at the Sheraton Hotel-Tel Aviv. Speaking at the seminar will be Minister of Industry and Trade Moshe Nissim...

Export documentation. (Israel Export Institute's Preparing Export Documentation seminar, Israel) (Exhibitions, Conferences and Seminars)
May 31, 1991... The Israel Export Institute will hold a two-day seminar entitled "Preparing Export Documentation" beginning June 17. Export speakers will provide a detailed explanation of the documentation necessary to execute an export deal, including a...

New BIRD funding. (Israel-United States Binational Industrial Research and Development Foundation) (Finance)
May 31, 1991... The Board of Governors of BIRD, the Israel-U.S. Binational Industrial Research and Development Foundation, has committed $7 million as its 50 percent cost-share of 14 new projects. Noting that products developed with BIRD support have...

Bezeq share issue. (Finance)
May 31, 1991... There are still a few uncertainties in the planned share issue of Bezeq, the government-owned telecommunications company. The draft share issue prospectus has been published but a few points are still open. Firstly, there is the question of...

Rating company on the way. (Israeli securities rating firm) (Finance)
May 31, 1991... Tami Gottlieb, in charge of underwriting operations for the Bank Leumi subsidiary Leumi & Co. Investment Bankers, has been appointed by Chairman Professor Orgler to be managing director of the new ratings company. The company, which will...

Lethargic privatization process. (Israel) (Finance)
May 31, 1991... Joseph Nitzani, managing director of the Government Companies Authority, is disappointed at the pace of privatization of state-owned companies. In response to reports that Nitzani will resign if the privatization process is not accelerated,...

Leumi joins Tempo underwriters. (Leumi and Company Investment Bankers, Tempo Beer Industries Ltd. securities) (Finance)
May 31, 1991... Leumi & Co. Investment Bankers has joined the group of underwriters handling the Tempo Beer Industries share issue. In addition to Leumi & Co. the group now comprises Poalim Capital Market & Investments Israel Discount Bank and Clal Issuing....

Hapaoilim to Eurodollar market. (Hapaolim International to issue securities) (Finance)
May 31, 1991... Bank Hapoalim - through its Antilles registered overseas subsidiary Hapoalim International - is to issue $50 million in debentures on the Eurodollar market. The issue is fully guaranteed by Bank Hapoalim and bears variable interest updated...

Cheaper dollar interest. (Bank of Israel interest rates) (Finance)
May 31, 1991... The Bank of Israel annual report for 1990 says the drop in dollar interest rates has reduced the cost of raising capital on world markets for Israel. Interest on medium and long-term loans in the public sector has dropped by 1 percent and in...

IMF to Israel. (International Monetary Fund) (Finance)
May 31, 1991... A delegation of the International Monetary Fund is scheduled to visit Israel in July. Sources at the Bank of Israel and Finance Ministry say Israel will request a loan to compensate for the negative impact of the Gulf war on the balance of...

Inedible losses. (Israel Edible Products) (Food, Beverages and Tobacco)
May 31, 1991... Israel Edible Products, owned by Koor Industries and German businessman George Faktor, ended 1990 with a loss of NIS 1.7 million. Sources in the food industry say the loss is due to operations of Vered Hagalil, the chocolate manufacturer in...

Heinz baby food. (Remedia Ltd. contract with H.J. Heinz Co.) (Food, Beverages and Tobacco)
May 31, 1991... The Israeli baby food manufacturer Remedia has been granted the franchise to market Heinz baby food in Israel. The company, with annual sales exceeding $6 billion, is the largest private food manufacturer in the U.S. The Heinz product line...

Lavidei Ashkelon losses. (Furniture and Timber)
May 31, 1991... Wood processors and manufacturers Lavidei Ashkelon ended the first quarters of 1991 with a loss of NIS 134,000 on sales of NIS 11.9 million compared to a profit of NIS 59,000 on revenues of NIS 13.4 million for the same period last year....

Negev Ceramics stokes kiln. (earnings) (Glass and Ceramics)
May 31, 1991... Negev Ceramics reported first-quarter profits of NIS 410,000 on sales of NIS 10.37 million, up from profits of NIS 342,000 on revenues of NIS 8.27 million for the comparable period last year. Chairman Reuven Zimmerman said the company had...

Clal's insurance profits up. (Clal Insurance Enterprises Holdings) (Insurance)
May 31, 1991... Clal Insurance Enterprises Holdings has ended the first quarter of 1991 with a profit of NIS 9.16 million compared to NIS 6.6 million for the same period last year -- an increase of 35 percent. Pre-tax profits totaled NIS 22.34 million...

Production down. (Israeli industrial production) (Labor)
May 31, 1991... The Central Bureau of Statistics report for the first quarter of 1991 indicates that production dropeed by 3.5 percent compared with the last quarter of 1990, while the number of workers employed in industry dropped by 1 percent. Output in...

High rate of work accidents. (Israel) (Labor)
May 31, 1991... During 1990 some 250 persons were killed in work accidents, 3,500 became permanently disabled and 6,000 lost their work capability. The cost to the economy was NIS 1.2 billion, including NIS 350 million in direct compensation and 1.5 million...

Aid for the blind. (Haifa Technion to develop miniature missile guidance systems for canes for the blind) (Medical Equipment)
May 31, 1991... The Haifa Technion is to develop a revolutionary aid for the blind within the framework of fostering ideas of new immigrant scientists from the Soviet Union. The concept is to miniaturize a missile guidance navigational system so that it can...

Wire machinery for Japan. (Videx Machine Engineering) (Metal and Electrical Industries)
May 31, 1991... Following participation in a metal wire exhibition in Tokyo, Videx Machine Engineering, manufacturers of metal wire processing machinery, has received orders for machinery from Japan worth $1 million. The orders were received during an...

From loss to profit for Packer. (Packer Plada) (Metal and Electrical Industries)
May 31, 1991... Steel processor Packer Plada reported a net profit of NIS 1.18 million on sales of NIS 44.44 million in the first quarter of 1991 compared to a loss of NIS 2.93 million on revenues of NIS 44.32 million posted for the comparable period last...

Bivas to represent Sauer Sundstrand. (Bivas Hydraulic Equipment and Accessories) (Metal and Electrical Industries)
May 31, 1991... Bivas Hydraulic Equipment and Accessories has been appointed Israeli representative of Sauer Sundstrand, manufacturers of hydrostatic drive systems, electronic control systems, radial engines and pumps of various types. Bivas will establish...

Dusar to represent U.S. Danair. (Dusar Engineering Supply Co., Danair Inc.) (Metal and Electrical Industries)
May 31, 1991... Dusar Engineering Supply Co. has been appointed sole Israeli representative of U.S. firm Danair. The U.S. company manufactures pneumatic nail hammers. The hammers are about the size of a fist and light weight -- about one kilogram and are...

Mitsubishi says no. (Mitsubishi Motors Corp. refuses plant visit to Israel. Industrial Cooperation Authority's Haim Golan) (Motor Industry)
May 31, 1991... Mitsubishi Motors has refused a request made by the Authority for Industrial Cooperation's Director-General Haim Golan to visit the company's plant in Japan. Mitsubishi officials were only willing to meet with Golan at the Israeli embassy....

IDF buying GMC Safari. (Israel. Defense Forces, General Motors Corp.'s Safari, automobile) (Motor Industry)
May 31, 1991... The procurement division of the Ministry of Defense has ordered the Safari multi-purpose vehicle (a product of U.S. automobile manufacturer General Motors) for the Israeli Defense Forces; the Safari will replace the Ford Transit currently in...

I.S.N. acquires control of Haman. (Chaman - Paper Products Industry) (Paper and Publishing)
May 31, 1991... The U.S. investment group I.S.N has acquired full control of Chaman - Paper Products Industry. In a settlement reached in the Tel Aviv District Court, it was agreed that I.S.N. would buy, for about NIS 1.5 million, 21 percent of the shares...

Losses for Carmel Containers. (Carmel Container Systems Ltd.) (Paper and Publishing)
May 31, 1991... Koor Industries subsidiary Carmel Container Systems ended the first quarter of 1991 with a loss of NIS 273,000 compared to a profit of NIS 796,000 in the same period last year. Company sources attribute the loss to increased financing...

C.D. cartons to Germany. (C.D. Packaging Systems) (Paper and Publishing) (company profile)
May 31, 1991... The fifth million carton to be exported from Migdal Ha'emek to Germany recenty came off the production line at C.D. Packaging Systems' plant last week. The pre-printed cartons are used for the packing of prestigious German champagne bottles....

Residential proposals for moshavim. (agricultural cooperatives, Israel) (Real Estate)
May 31, 1991... Nissim Zvilli, secretary of the Moshavim (Smallholders) Organization, has proposed the establishment of community moshavim which would not be based on agriculture. These settlements would utilize the land and water rights being returned to...

Losses at Clal Real Estate. (Clal Real Estate Investments) (Real Estate)
May 31, 1991... Clal Real Estate Investments ended the first quarter of 1991 with a loss of NIS 1.3 million compared to a loss of NIS 300,000 in the same quarter last year. First quarter sales were only NIS 13.5 million compared to NIS 16.9 million in the...

Danbar Resources profits. (Danbar Resources and Development) (Real Estate)
May 31, 1991... Danbar Resources and Development ended the first quarter of 1991 with a profit of NIS 2.2 million compared to a loss of NIS 66,000 for the same quarter of 1990. The increase in profits was due mainly to increased value of the share...

Metropolitan Tel Aviv boom continues. (Tel Aviv, Israel real estate development) (Real Estate)
May 31, 1991... The building boom in the greater Tel Aviv area continues, as several new agreements are signed for the development of new projects. Danny Herzog, one of the area's leading real estate agents, said that these deals do not include agricultural...

Talpiot Project combination. (Kim Lustigman to build Talpiot Project, luxury apartments, Jerusalem, Israel) (Real Estate)
May 31, 1991... Jerusalem contractors Kim Lustigman will construct the luxury apartments of the Talpiot Project of real estate developers Africa Israel Investments and the Isras Investment Company investment house. The project is a combination transaction...

Flats for immigrants. (Engel General Construction to sell 600 Carmiel, Israel apartments to immigrant associations) (Real Estate )
May 31, 1991... The Haifa construction company Engel General Construction is selling 600 apartments in Carmiel to immigrant associations. Sources say the company will sell another 300 apartments in Hadera. Apartments in Carmiel of up to 100 square meters...

Hospital shopping mall. (Meir Hospital, Kfar Saba, Israel to build medical shopping mall) (Retail)
May 31, 1991... The Meir Hospital in Kfar Saba is planning to establish a medical shopping mall on the ground floor of the maternity wing. The mall will offer the public various services such as a 24-hour pharmacy, a hall for circumcisions, restaurants and...

Edgar Textile expanding. (Edgar Textile Industries' Ofakim, Israel factory) (Textiles)
May 31, 1991... Edgar Textile Industries is in the throes of expanding its plant in Ofakim. Edgar is investing some $5 million in the facility; the number of employees will increase from 30 to 100. The expansion is a direct result of the large order...

Patt on tourism expansion. (Israel's Minister of Tourism Gideon Patt) (Tourism)
May 31, 1991... Minister of Tourism Gideon Patt has submitted a plan to invest NIS 210 million over three years in tourism infrastructure projects which will provide 14,000 jobs for new immigrants. Addressing a press conference, Patt said that tourism is...

Israeli trade delegation to Canada. (Trade)
May 31, 1991... The Israel-Canada Chamber of Commerce is organizing a delegation of Israeli businesspeople to Canada in October. The delegation, which will be organized in conjunction with the Israel Export Institute and the Ministry of Industry and Trade...