ICEN articles from November 1991

ICEN archives from November 1991

Russian immigrants register new artificial heart patent. (Proteam Systems Engineering, Alexander Lerner, portable heart surgery equipment)
November 1, 1991... A commonly performed operation to increase heart capacity consists of inserting a balloon into the aorta. Divided into three sections that expand or contract as needed, the balloon helps push blood or draws blood to it, increasing the capacity...

Future of the Astra jet. (Israel Aircraft Industries' Astra, executive airplane)
November 1, 1991... Towards the end of the worst of its six years on the market, the future of the medium-sized "Astra" executive jet is being examined by manufacturers Israel Aircraft Industries. Company officials will not say how many of the aircraft were sold...

NICE floats.
November 1, 1991... NICE Systems, which specializes in the design, development and manufacture of sophisticated communications product (see ICEN, Vol.248, This Week), is floating a share and options issue on the Tel Aviv Stock Exchange (TASE) valued at $10...

Largest budget ever. (Israel)
November 1, 1991... Finance Minister Yitzhak Moda'i has started presenting his 1992 budget to the Knesset. The proposed budget of NIS 111 billion is the largest ever. Together with the budget proposals, Minister Moda'i will also present a plan for the years...

Toshiba opens design facility.
November 1, 1991... Toshiba, the Japanese giant, has opened a facility in Israel to design components utilizing ASIC technology. The facility will be managed by Moledet, a company established in 1988 by former air force personnel who specialize in the development...

Bank Hapoalim forecasts more investments in 1992. (Israeli economic forecast)
November 1, 1991... Bank Hapoalim economists estimate an inflation rate of 19 to 20 percent in 1992 and a devaluation of the shekel vis-a-vis the currency basket of 14 to 16 percent. The trade deficit in 1992 will be slightly higher than the 1991 deficit -- 6.5...

Top U.S. venture capital co. opens local branch. (Hambrecht-Quist, HQ Israel Ltd.)
November 1, 1991... Hambrecht-Quist (HQ), one of the largest high-tech venture capital companies in the U.S., has established a local subsidiary HQ (Israel) Ltd. HQ is managing $600 million invested in 400 high-tech companies. HQ have are also merchant bankers and...

Fibronics to supply France Telecom.
November 1, 1991... Fibronics, the Haifa-based manufacturer of fiber optic FDDI systems, has been selected as a supplier by the French national telephone and communications company, France Telecom. The French company will incorporate Fibronics products in its...

CompuPhone hits jackpot at Las Vegas. (introduces computer keyboard at Comdex 91, trade show, Las Vegas, Nevada)
November 1, 1991... Integrated Technology Incorporated (ITI), a Jerusalem-based high- tech electronics company, has put its first product on the market. CompuPhone, which combines a personal computer keyboard and a telephone, was displayed at the recent Comdex 91...

Tempo purchases Jaffa-Mor for Pepsi bottling. (Tempo Soft Drinks, Pepsi Cola, beverage) (Agriculture and Food)
November 1, 1991... The Beersheba District Court has confirmed the sale of soft drink and juice concentrate manufacturer Jaffa-Mor (in liquidation) to Tempo Soft Drinks. According to the agreement signed between Tempo and the liquidator of Jaffa-Mor, Tempo will...

$10 million baby food to Soviet Union. (Maabarot Products) (Agriculture and Food)
November 1, 1991... Kibbutz-owned Maabarot Products, manufacturers of baby foods, milk substitutes, etc. has received a $10 million order from the Soviet Union for its Materna brand baby food. The order will be shipped during the next eight months and Maabarot...

Israeli "Chinese" to Turkey. (Pikanti markets Pikansin, Chinese restaurant franchises, in Turkey) (Agriculture and Food)
November 1, 1991... Food manufacturers and restaurateurs Pikanti are franchising a branch of their "Pikansin" chinese restaurants in Istanbul, Turkey. The Istanbul restaurant will be operated by a group of hotel owners who are investing $150,000 in the project.

Calcium enriched canned foods. (Pri Taim) (Agriculture and Food)
November 1, 1991... Pri Taim fruit and vegetable canners have introduced calcium enriched products. The products offered include: Dagir canned mackerel, Star sardines, humous and tomato ketchup.

Russian agribusiness surveys. (Institute of World Economy and International Relations) (Agriculture and Food)
November 1, 1991... The Institute of World Economy and International Relations (IMEMO) is a large Moscow research center with a world-wide reputation engaging in a comprehensive study of modern trends and developments in Soviet and international economy. Their...

Good prospects for Food Week exhibition, (Israel Export Institute's Israel Food Week, trade show, Israel) (Agriculture and Food )
November 1, 1991... The Israel Export Institute anticipates strong attendance at the Israel Food Week in January, 1992. Buyers from Europe, the U.S., Japan and the Middle East are expected and some 100 Israeli firms have booked space. The food week is held every...

Tomato exports begin. (Agrexco Agricultural Export Co.) (Agriculture and Food)
November 1, 1991... Early ripening of tomatoes has brought prices down in recent weeks. Due to unforeseen shortages, prices were sky high, reaching peaks of NIS 5-6 per kilo retail. The latest crop prices are down to the NIS 2.80-3.00 per kilo level. Exports of...

Telma joins snack war. (markets snack foods) (Agriculture and Food)
November 1, 1991... Food manufacturer Telma will shortly enter the "salted snack war" that has already been raging between Elite and Osem. In the past, Telma had been a low-key contender for the salted snack market. Telma's opening salvo will come in November,...

Garfield and "O.K." from the Rose. (Rose of Galilee Chocolate and Candy introduces O.K., Garfield, candy bars) (Agriculture and Food) (product announcement)
November 1, 1991... Rose of Galilee Chocolate and Candy has introduced two new candy bars. The first, called "O.K.," was unveiled following a massive ad campaign. The candy, manufactured with Swiss know-how, is filled with a crispy, light nougat and coated with...

New flour varieties. (Beer Sheba Flour Mills introduces Omer, flour line) (Agriculture and Food) (product announcement)
November 1, 1991... The Beer Sheba Flour Mills is introducing new varieties of flour. Flour has been for many years a controlled items and consumers have been accustomed to two basic varieties: regular white flour and self-raising flour. Following the removal of...

Israel flower quality decline. (Israeli chrysanthemum prices) (Agriculture and Food) (product announcement)
November 1, 1991... Prices of Israeli chrysanthemums in the Dutch flower market are lower than those of countries such as Kenya and Zimbabwe whose flowers are being sold for D.Fl 0.68 versus D.Fl 0.50 for Israeli blooms. The differential is due to poorer quality...

Butter consumption up. (Israel) (Agriculture and Food) (product announcement)
November 1, 1991... Data published by the Israel Dairy Board shows consumption of butter for the first eight months of 1991 totaled 2,200 tons compared to 1,832 tons in 1990 -- an increase of 20.1 percent. The sharp increase is attributed to the introduction of a...

U.S. McCormick spices up Israel. (Agriculture and Food) (product announcement)
November 1, 1991... The U.S. company McCormick, the largest manufacturer of spices in the world, is now marketing its products in Israel. McCormick Vice President Robert Lowells says the company plans to achieve annual sales of $1 million within two years and to...

Fish consumption up slightly. (Dag-Shan) (Agriculture and Food) (product announcement)
November 1, 1991... Dag-Shan, established in 1980 by a consortium of 60 fish breeding Kibbutzim, reports a 15 percent annual increase in the market. Consumption per capita has risen to about 14 kilograms annually which is very much less than the European average...

Osem exports to Slim-Fast. (Agriculture and Food) (product announcement)
November 1, 1991... Osem Food Industries Managing Director Dan Proper says sales in 1991 will show an increase of 5 percent over 1990 -- $240 million versus NIS 217 million. Profitability is estimated to be at the same level as in 1990 even though the company...

Tivonvil issue undersubscribed. (Agriculture and Food) (product announcement)
November 1, 1991... The share issue of meat packagers and distributors Tivonvil Ind. Food was undersubscribed by 9 percent. The company had offered NIS 7.5 million in bonds and share options. Of the proceeds, 45 percent were to be utilized for repayment of debts...

Israeli stocks still outperforming Dow and NASDAQ. (Axiom Israel Index) (Banking, Finance and Insurance)
November 1, 1991... The Axiom Israel Index, an equal-weighted price index covering ten Israeli stocks trading in the U.S., including ECI Telecom, Elbit Computers and Teva Pharmaceutical Industries, gained 22 points in September. The index ended the month at...

Mutual funds buy dollars. (Banking, Finance and Insurance)
November 1, 1991... Sources estimate that the local mutual funds have purchased some $100 million for Shekels during the past month. Many had thought the major buyers of foreign currency in October were from the business sector who were hedging against an...

Leumi Euro issue fully subscribed. (Leumi International Investments, Eurobonds) (Banking, Finance and Insurance)
November 1, 1991... Bank Leumi subsidiary, Leumi International Investments, registered in the Antilles, has successfully completed a $100 million issue of capital notes in the Eurobond market. The notes are redeemable in 1998 with an option for deferral to 2001...

FIBI index protection. (First International Bank of Israel markets fixed-term interest certificates of deposit) (Banking, Finance and Insurance)
November 1, 1991... The First International Bank of Israel (FIBI) is offering clients with fixed term shekel deposits protection against the cost of living index. If the index during the term of the deposit increases higher than the interest rate, FIBI will...

Determining the future of the Postal Bank. (Banking, Finance and Insurance)
November 1, 1991... The Postal Bank is currently not a serious competitor to the regular commercial banks. However, this could change if recommendations presented to Minister of Communications Raphael Pinhasi are implemented. A committee was appointed by the...

Haron & Lavi profits. (Banking, Finance and Insurance)
November 1, 1991... Insurance brokers Haron & Lavi have ended the first half of 1991 with a profit of NIS 665,000. This equals the full year profits of 1990. The sharp rise in profits is due to increased activity in the capital market. Haron & Lavi employ a...

Lower interest for small business. (Industrial Development Bank) (Banking, Finance and Insurance)
November 1, 1991... The Industrial Development Bank has announced lower interest charges on loans granted within the framework of the small business fund. A borrower can now obtain a three-year index linked loan of NIS 600,000 bearing annual interest of 3.5...

Recycling of bank share proceeds. (Israel reinvests government securities accruals) (Banking, Finance and Insurance)
November 1, 1991... Sources estimate that up to NIS 1 billion of the moneys accruing to holders of the government guaranteed bank shares have been reinvested in long range programs -- mainly dollars-linked or mutual funds and bonds with a foreign currency bias....

Hapoalim shares for sale in November. (Banking, Finance and Insurance)
November 1, 1991... The Ministry of Finance, in consultation with representatives of the Tel Aviv Stock Exchange and M.I. Holdings, has decided to release 8 percent of its Bank Hapoalim shareholdings for trading at the beginning of November, 1991. Sources...

IMF report in February. (International Monetary Fund report on Israel's financial status) (Banking, Finance and Insurance)
November 1, 1991... The International Monetary Fund (IMF) is to publish its annual report on Israel in February, 1992 during its scheduled visit when Israel's request for a $300 million credit will be discussed. Sources say the IMF considers the government does...

Safra banking family increasing investments. (Safra family) (Banking, Finance and Insurance)
November 1, 1991... The Safra family, international bankers of New York, Brazil and Switzerland and holders of the controlling interest in the First International Bank of Israel (FIBI), are reported to be planning increased investments in Israel and are looking at...

Nigeria debt repayment agreement. (Banking, Finance and Insurance)
November 1, 1991... An agreement for the repayment of Nigeria's debts to Israel is to be signed shortly. The agreement follows a Nigeria's request for credit from an international group called the Paris Club which is providing the credit contingent on Nigeria...

Means of payment increase. (Israeli public finance) (Banking, Finance and Insurance)
November 1, 1991... Data published by the Bank of Israel anticipates an increase of 8.7 percent, in real terms, of the means of payment held by the public at year's end. The Bank estimates the public will hold NIS 7.2 billion versus the 1990 total of NIS 5.7...

Makefet pension fund looking better. (Banking, Finance and Insurance)
November 1, 1991... The Histadrut pension fund Makefet reports for the nine months ending September, 1991 accumulated capital of NIS 5.7 billion compared to NIS 4.7 billion at the end of 1990. This represents a nominal increase of 21 percent and in real terms...

No increase in foreign investments - yet. (foreign investment in Israel) (Banking, Finance and Insurance)
November 1, 1991... Data published by the Bank of Israel foreign currency division shows that despite the various incentive approved by the government, investments by overseas investors have not increased and, in effect, the first half of 1991 indicates a slight...

Trendline going public. (Banking, Finance and Insurance)
November 1, 1991... Trendline Financial Information is planning a share issue on the Tel Aviv Stock Exchange (TASE). The draft prospectus shows that one third of the company's revenue is derived from the TASE which paid Trendline the sum of NIS 720,000 for the...

Tefahot financing building. (Tefahot Israel Mortgage Bank's loans to construction industry) (Banking, Finance and Insurance)
November 1, 1991... The commercial division of Tefahot Israel Mortgage Bank reports a significant increase in its operations during the nine months ending September, 1991. Division Manager Joseph Barel says the bank is involved insome 107 projects comprising...

EX-IM Bank guarantee for building project. (Export-Import Bank of the United States, Albrizzi International) (Construction and Real Estate)
November 1, 1991... The Export-Import Bank of the U.S. has provided $79.7 million guarantee for a building project comprising 2,800 housing units in Beersheba. The guarantee was given to the U.S. construction company Albrizzi International, who is acting as...

Tel Aviv bus station may be late. (hazardous waste removal planning delays opening of Tel Aviv, Israel bus terminal) (Construction and Real Estate)
November 1, 1991... The opening of the new Tel Aviv bus terminal is likely to be delayed following warnings of the Deputy Minister of the Environment, Yigal Bibi. In the early years of construction, large areas of the terminal were sprayed with asbestos fibers...

Co-Op into real estate. (Co-Op Reshet Haribua Hakahol) (Construction and Real Estate)
November 1, 1991... The Histadrut-owned supermarket chain, Co-Op Reshet Haribua Hakahol, has over a period of two years, invested some $25 million in commercial real estate. The chain has recently acquired an area of 1,000 square meters for $1.6 million in a...

New high-tech facilities in Haifa. (Haifa Economic Corp. building Science Industry Park, industrial park, Haifa, Israel) (Construction and Real Estate)
November 1, 1991... The Haifa Economic Corporation is currently building a 5,000 square meter facility in the Science Industry Park. The building scheduled for completion in mid-1992 is designed for high-tech industries and is part of an industrial complex...

Ashlad real estate issue. (Construction and Real Estate)
November 1, 1991... Lidar Issues, owned by Dovrat Shrem & Co., is to head the consortium of underwriters for the issue of Ashlad. This is the first issue to be handled by Lidar since its formation. Ashlad is engaged in leasing industrial buildings and is seeking...

More housing for Ramat Efal. (Ramat Efal, Israel) (Construction and Real Estate)
November 1, 1991... The authorities have approved the redesignation of agricultural land in Ramat Efal for the construction of 250 housing units. Ramat Efal is a residential area located close to the Tel Aviv-Ashdod highway and 100 of the units are for young...

Loans for foreign residents. (housing loans, Bank Hapoalim) (Construction and Real Estate)
November 1, 1991... Bank Hapoalim is offering loans to foreign residents or approved holders of foreign currency for the purchase of housing in Israel. Loans are given in foreign currency for up to 50 percent of the apartment price and with a ceiling of $300,000....

Ex-generals into Dimona housing. (retired Israeli generals Yossi Peled, Ze'ev Zachrin's Tashluz Investments, Palzach Management and Development, Dimona, Israel) (Construction and Real Estate)
November 1, 1991... Tashluz Investments and Palzach Management and Development, a company managed by retired generals Yossi Peled and Ze'ev Zachrin, have commenced a new housing project in the development town of Dimona. The project spreads over some 50 acres and...

Supermarket for sale. (Super Zol Keinan and Beizman) (Construction and Real Estate)
November 1, 1991... Super Zol Keinan & Beizman is up for sale after its inability to find a partner or investor to improve its liquidity situation. The chain operates four stores in the Haifa bay area and Acre and owns a 10,000 square meter site at the Gibor...

Increased cement sales. (Nesher) (Construction and Real Estate)
November 1, 1991... Nesher, the cement manufacturers, forecast sales of NIS 700 million in 1991 compared to NIS 500 million in 1990 -- an increase of 40 percent. Net profit is forecasted at NIS 30 million compared to NIS 24 million in 1990. Sales of cement are...

Shekem losses in 1990. (Construction and Real Estate)
November 1, 1991... Sources say Shekem, the government-owned department store chain, ended 1990 with a loss of NIS 5.4 million compared to a profit of NIS 1.4 million in 1989. Shekem was originally established to serve members of the armed forces and their...

Ze'evi cancels plan for building plant. (Gad Ze'evi, prefabricated housing factory, Kiryat Gat, Israel) (Construction and Real Estate)
November 1, 1991... Businessman Gad Ze'evi has canceled his plans to erect a plant in Kiryat Gat for the manufacture of prefabricated housing. The plant was intended to employ some 1,500 people and manufacture 8,000 units per annum. The decision to cancel is...

Dollars from underwear. (Delta Textiles) (Consumer Products and Retail)
November 1, 1991... Delta Textiles, the third largest underwear manufacturer in Europe (but located in Israel) has unveiled its 1992 ladies underwear collection and expects sales in 1991 to reach $95 million out of total sales of $147 million. Sales of underwear...

Isras acquires 50 percent of President Hotel. (Africa Israel Investments' President Hotel, Jerusalem, Israel) (Consumer Products and Retail)
November 1, 1991... Isras Investment Co. has acquired 50 percent of the President Hotel in Jerusalem. Isras has paid NIS 7.4 million to owners Africa-Israel Investments who had acquired the hotel from hotelier Haim Schiff. The hotel occupies an area of 4,350...

Israel office exhibition. (17th International Exhibition of Office Machinery and Equipment, Tel Aviv, Israel) (Exhibitions, Conferences and Seminars)
November 1, 1991... The 17th International Exhibition of Office Machinery and Equipment will be taking place at the Tel Aviv Fairgrounds on November 18-21. Systems such as office communications, storage, filing, photocopying, furniture, etc. will be displayed...

Marketing course. (Israel Export Institute to conduct international marketing and trade classes) (Exhibitions, Conferences and Seminars)
November 1, 1991... The Economics and Training Division of the Israel Export Institute will conduct a course on international marketing and overseas trade twice a week between November 11, 1991 and March 1, 1992. Emphasis will be placed on export procedures,...

Anglo-American seminar in Tel Aviv. (A Review of the South African Manufacturing Industry, seminar, Tel Aviv, Israel) (Exhibitions, Conferences and Seminars)
November 1, 1991... The executive director of the Anglo American Corporation (AAC), Jack A. Holmes will be leading a seminar entitled "A Review of the South African Manufacturing Industry" on November 4 at 4:30 p.m. at the Dan Hotel in Tel Aviv. The seminar is...

Trade with Spain. (Government, Trade, Labor, Education)
November 1, 1991... Since resumption of diplomatic relations with Spain, Israel's exports have grown and passed the $100 million mark. In 1990, Israeli imports from Spain totaled $154 million and exports amounted to $171 million. Chemicals represent 40 percent...

Israel/Japan cooperation. (Government, Trade, Labor, Education)
November 1, 1991... Representatives of the Industry and Trade Ministries of Israel and Japan have been discussing ways to promote industrial cooperation, particularly in the area of R & D. The Japanese representative visited the semiconductor plant of Intel to...

Industrialists to Vietnam. (Government, Trade, Labor, Education)
November 1, 1991... A delegation of Israeli industrialists is to visit Vietnam in January, 1992 with the aim of promoting trade between the two countries. This is in line with the general objective of increasing trade with countries in Southeast Asia. Trade...

Immigrants in industry. (Government, Trade, Labor, Education)
November 1, 1991... Chairman of the Manufacturers Association Committee for New Immigrant Absorption, Rolando Eisen, says since the beginning of 1990 up to July 31, 1991, industry has absorbed 36,000 new immigrants. The distribution by sector is as follows:...

Higher unemployment in 1992. (Israel) (Government, Trade, Labor, Education)
November 1, 1991... The Histadrut Institute of Economic and Social Research says unemployment in 1992 will be 11.9 percent. This compares with the figure of 11.1 percent in 1991 and 9.6 percent in 1990. Institute economists say the projected 8 percent growth of...

Academic resource data bank. (National Academy of Sciences establishes science personnel information system) (Government, Trade, Labor, Education)
November 1, 1991... The National Academy of Sciences has established an academic data bank. Input was received from all universities and research institutes and includes: the name of the scientist, date of birth, academic grade, name of institute and department...

Encouraging Encouragement for the MBD. (Bophuthatswana Minister of Health Dr. Khaole vists Kfar Idud, Encouragement Village, minimal brain damaged individuals workshop, Israel) (Health and Pharmaceuticals)
November 1, 1991... Former Member of Knesset and Managing Director of Kfar Idud (Encouragement Village) Yitzhak Yitzhaki and the Bophutswana Minister of Health Dr. Khaole visited Kfar Idud, the first project in Israel for people with minimal brain damage, built at...

Software to Czechoslovakia. (C.S.E. Computer Systems Engineering) (High-Tech)
November 1, 1991... C.S.E. Computer Systems Engineering has received an order from Czechoslovakia for 4,000 copies of its V-Care anti-virus software. The programs are to be integrated into a privatization project awarded to Software A.G and Digital Equipment.

Lower prices for Oshap issue. (High-Tech)
November 1, 1991... Lidar Issues, the underwriting firm owned by Dovrat Shrem, and Yair Pudim are reducing the prices of the Oshap Technologies share issue on the Tel Aviv Stock Exchange due to the weakness of the market. Lidar had proposed an issue comprising...

Clal merges three subsidiaries. (High-Tech)
November 1, 1991... Clal Electronics has effected a reorganization and merged three subsidiaries under one management. The companies involved are: International Technologies (Lasers), Power Electronics and Quality Power Supply. The head of International...

Software exports up. (Israel) (High-Tech)
November 1, 1991... Exports of software in 1991 are expected to total $120 million -- a 40 percent increase over last year's exports of $89 million. Electronic and Software Chairman Akiva Meir of the Manufacturers Association said that electronic industry exports...

Milsys success in F-18 fighter jets. (Milsys' computer software performers well in aircraft training flight testing) (High-Tech)
November 1, 1991... Software from the Israeli software house Milsys turned in an error free performance in over 100 test flights of the the U.S.F-18 aircraft. Milsys has developed a mass memory module based on Intel flash card technology which can operate in...

Digital wins Israel Trade Prize. (Digital Equipment) (High-Tech)
November 1, 1991... The Israel Trade Prize has been awarded by the Ministry of Industry and Trade to computer manufacturers Digital Equipment for reciprocal purchases totaling $24 million. Digital purchases included technology, hardware, software and joint...

Formula acquires Idan. (High-Tech)
November 1, 1991... Software house Formula Systems offer for Idan Software Industries has been accepted and Formula will pay $300,000 for an allocation of 1.5 million shares. At a later stage, Formula will transfer to Idan 751,000 shares of Elitech Industries in...

New plant for Yokneam. (Yaana Data Processing to establish Sinal Systems in Yokneam, Israel) (High-Tech)
November 1, 1991... Yaana Data Processing, Israel Aircaft Industries and a group of investors headed by Yigal Ne'eman are establishing a plant called Sinal Systems in Yokneam to manufacture data collection terminals. Sinal Managing Director Joseph Feldman...

National Semiconductor Israel chips to Toshipa. (High-Tech)
November 1, 1991... National Semiconductor Israel and the Japanese electronics giant Toshiba have announced a new laser printer at the Comdex 91 fair in Las Vegas. The printer is based on National Semiconductor chips and a Toshiba motor. Equipped with technology...

Electronics exports to Sharp, JVC, Hitachi. (Electronic Imaging Technologies) (High-Tech)
November 1, 1991... Electronic Imaging Technologies (E.I.T) has received orders valued at some $5 million from some of the leading electronic firms in Japan including giants such as Sharp, JVC and Hitachi. The orders were for systems used to produce master plates...

Attendance systems for hospitals. (Malam Systems contract with Israel. Ministry of Health) (High-Tech)
November 1, 1991... Malam Systems, the government-owned data processing company, has received an order from the Ministry of Health for 25 computerized attendance recording systems. The attendance systems include 150 clocks manufactured by Lior Systems, which are...

Aircraft maintenance in the Negev. (Yoash Zidon seeks financing for aircraft maintenance factory in Negev Desert) (High-Tech)
November 1, 1991... Businessman and Member of Knesset Yoash Zidon is seeking $40 million worth of investments to establish an aircraft maintenance facility in the Nevatim airfield. Originally, Zidon had an agreement for finance with the proposed Leumi Fund which...

Electricity from natural gas. (Israel. Ministry of Energy) (Infrastructure and Environment)
November 1, 1991... The Fuel Administration of the Ministry of Energy is proposing the use of natural gas to produce electricity. The Administration has recently completed an in-depth study and has concluded that gas offers many advantages over the current fuels...

Naptha negotiating Siberian deal. (Naptha Israel Petroleum Corp., oil field acquisition) (Infrastructure and Environment)
November 1, 1991... Sources say Naptha Israel Petroleum Corporation is negotiating with the Soviet Union for the acquisition of an oil field in Siberia. Managing Director Joseph Levy and Chief Geologist Ya'akov Gilboa are currently evaluating the potential of a...

Israel elected to World Oil Congress. (Infrastructure and Environment)
November 1, 1991... At a recent meeting of the World Oil Congress, Israel was accepted as a full member and was also elected to membership of the committee for environment. The Congress convenes every four years and until now Israel had attended meetings as...

Agriculture R & D financing. (Israel. Agriculture Research Administration's Ezra Sadan supports government financing of agricultural research and development) (Infrastructure and Environment)
November 1, 1991... Professor Ezra Sadan, head of the Agriculture Research Administration, told a press conference at the Volcani Institute that the government should bear the cost of R&D for the development of new varieties for export. "Private finance is not...

Expansion at Haifa passenger terminal. (Haifa, Israel) (Infrastructure and Environment)
November 1, 1991... The Ports and Railways Authority is investing NIS 7 million in expansion of the passenger terminal in Haifa port. The aim is to provide for the handling of both incoming and outgoing passengers at the same time. During an average day in the...

Maman may build Soviet Air Cargo terminal. (Infrastructure and Environment)
November 1, 1991... Maman, which manages the cargo terminal at Ben Gurion Airport, may participate in establishing an air cargo handling facility in the Soviet Union. Maman was approached by a U.S. firm with which it has had commercial connections for the...