ICEN articles from September 1991

ICEN archives from September 1991

Fire at Haifa Chemicals.
September 20, 1991... Fire at Haifa Chemicals A major fire at Haifa Chemicals has caused some $20 million in damages to a new plant, which was completed only six months ago at a cost of some $30 million. The estimates are only preliminary and may well exceed...

Securitas gets 26% of Maman.
September 20, 1991... Securitas Gets 26% of Maman Securitas, a company specializing in insurance and investments, has acquired a 26 percent interest in Maman Cargo Terminals and Handling for a sum of $16.1 million after competing with the U.S. company Dresin....

EFI and Xerox sign marketing agreement. (Electronics for Imaging Inc.)
September 20, 1991... EFI and Xerox Sign Marketing Agreement Electronics for Imaging Inc. and Xerox Corporation announced an agreement under which EFI will manufacture and supply Xerox a printer controller - called Fiery - that upgrades the new Xerox 5775 plain...

Tadiran on the rise. (earnings)
September 20, 1991... Tadiran on the Rise Tadiran, a subsidiary of the Koor conglomerate closed the first half with a profit of $15.5 million compared to $17.2 million in the same period last year. Although sales figures were lower this year ($372 million...

RADA/IAI joint venture. (Israel Aircraft Industries. Bedek Aircraft Div.)
September 20, 1991... RADA/IAI Joint Venture RADA Electronics Industries, developers and manufacturers of sophisticated test and airborne systems and Israel Aircraft Industries subsidiary Bedek Aircraft Division have singed an agreement for the joint...

Telrad telephone exchanges to Poland.
September 20, 1991... Telrad Telephone Exchanges to Poland Koor Industries subsidiary Telrad Telecommunications and Electronic Industries is to supply telephone exchanges to Poland during the next five years. The order is valued at about $10 million and will...

Odyssey at Mennen Medical.
September 20, 1991... Odyssey at Mennen Medical Mennen Medical has been acquired by a group of investors headed by Ehud Geller, a former president of InterPharm and deputy managing director of Teva Pharmaceutical Industries. Investors include the U.S....

Boeing praise for IAI. (Israel Aircraft Industries)
September 20, 1991... Boeing Praise for IAI U.S. aircraft manufacturer Boeing Aircraft has rated performance and work of the Israel Aircraft Industries engine overhaul division as outstanding, praising the division for its on-time schedule of overhauls to...

IIS innovation. (IIS Intelligent Information Systems' IS-372, computer workstation) (product announcement)
September 20, 1991... IIS Innovation IIS Intelligent Information Systems recently introduced the IS-372, the latest of its "Displaywindow" family of workstations. IIS is a well-known developer of peripheral equipment for operation in the environment of IBM and...

Yakhin Hakal deal closed. (Agriculture)
September 20, 1991... Yakhin Hakal Deal Closed The creditor banks of Yakhin Hakal have completed the sale of Yakhin Hakal to UK businessman Sami Shamoon, following the latter's deposit of $10 million on spetember 16. However, due to last minute disagreements,...

Overseas orders for Bet Shemesh Engines. (Aircraft Industry)
September 20, 1991... Overseas Orders for Bet Shemesh Engines Bet Shemesh Engines (BSE) is struggling to survive by locating new markets for its products, while the government is negotiating the sale of its shares in the company. The factory recently succeeded...

Direct flights from Soviet Union. (for immigrants) (Aviation)
September 20, 1991... Direct Flights from Soviet Union Starting September 20, new immigrants from the Soviet Union may be flown directly to Israel. Agreement on the flights was reached following discussions between Transportation Minister Moshe Katsav and...

El Al's relative success. (Aviation)
September 20, 1991... El Al's Relative Success El Al recorded a profit of $9 million for the first half of 1991, a period in which most other airlines worldwide suffered losses due to the Gulf war. A company spokesman attributes this achievement to several...

Toto tender. (Israel Sports Betting Board) (Advertising and Public Relations)
September 20, 1991... Toto Tender The Israel Sports Betting Board which manages the Sportoto football pool, more popularly known as the "Toto," is shortly to issue a tender for its advertising. The Toto advertising budget is one of the largest in the country -...

M.I. Holdings to be disbanded? (Banking)
September 20, 1991... M.I. Holdings to be Disbanded? Finance Minister Yitzhak Moda'i is said to be considering disbanding M.I. Holdings, the company established to sell the government-held bank shares and replacing it with a team of two experts from the...

Leumi offerings. (The No. 1 Big, banking service) (Banking)
September 20, 1991... Leumi Offerings Bank Leumi has introduced a new program for current account holders - "The No. 1 Big" account for customers with minimum investments of NIS 25,000 or those with a net monthly salary of at least NIS 4,000. Holders of the No....

Racanati acquisition of IDB Bankholding approved. (Racanati family-owned El Yam) (Banking)
September 20, 1991... Recanati Acquisition of IDB Bankholding Approved The finance committee has approved the sale of 25.1 percent of the government shares in IDB Bankholding Corporation to El Yam (a company under the ownership of the Recanati family) at a price...

Israel Chemicals profit decline. (Chemicals)
September 20, 1991... Israel Chemicals Profit Decline Israel Chemicals has ended the first six months of 1991 with a net profit of $16.7 million compared to $24.1 million in the first half of 1990 - a 30.7 percent decrease. Company executive attribute the...

Recording without tape. (National Semiconductor Israel to introduce a tapeless telephone answering machine) (Communications)
September 20, 1991... Recording Without Tape National Semiconductor Israel will soon introduce its new tapeless telephone answering machine, developed at its Migdal Haemek facility. The machines will be assembled by an American electronic firm. Until now, only...

Fibronics on hold. (Communications)
September 20, 1991... Fibronics on Hold Fibronics, designers and manufacturers of sophisticated fiber-optic communications equipment, is concerned at the slow progress of communication networks in adopting their FDDI system, due mainly to delays in approving...

More profits for Bezeq. (Communications)
September 20, 1991... More Profit for Bezeq The government-owned telecommunications company Bezeq will show increased profits in the coming years after the board of directors recently adopted a proposal for changes in depreciation rates. U.S. consultants Arthur...

Makash hits the right key. (Computers)
September 20, 1991... Makash Hits the Right Key Keyboard manufacturers Makash of Kibbutz Kerem Hashalom has signed an agreement for cooperation with a large European company operating in the keyboard field. Makash estimates exports of $1 million from the...

Floppy disk boom. (Israel computer software industry) (Computers)
September 20, 1991... Floppy Disk Boom About 900,000 computer diskettes are sold monthly in Israel at an average price of NIS 3 each. Local sales of diskettes reach about NIS 2.7 million monthly - these figures do not include the sale of hard disks, optic...

Changes at Hevrat Ha'ovdim. (Conglomerates)
September 20, 1991... Changes at Hevrat Ha'ovdim The board of directors of Hevrat Ha'ovdim, the governing body of Histadrut-owned enterprises, is being asked to approve a number of changes designed to separate the political and professional functions. The main...

Housing for Ashkelon. (Ben Yakar Gat Construction and Engineering, Ashkelon, Israel) (Construction)
September 20, 1991... Housing for Ashkelon Ben Yakar Gat Construction and Engineering is currently building 1,300 housing units on the Neve Hadarim site in the northeast district of Ashkelon. The project is one of the largest undertaken by a single contractor...

Floor a day. (Peretz Boneh Hanegev to build Ashdod, Israel housing) (Construction)
September 20, 1991... Floor a Day A new neighborhood is being erected in the city of Ashdod using an expensive but expeditious American method. The steel construction with marble external walls and internal drywalls, has proved popular overseas. Peretz Boneh...

Drastic Elta profit drop. (Defense and Security)
September 20, 1991... Drastic Elta Profit Drop Elta Electronic Industries, a member of the Israel Aircraft Industries group, has ended the first six months of 1991 with a profit of NIS 3.91 million compared to NIS 15 million in the first half of 1990 - a...

U.S. mutual funds buying Scitex. (Electronics)
September 20, 1991... U.S. Mutual Funds Buying Scitex Some of the largest mutual funds in the U.S. are placing orders for the 7.1 million shares of Scitex Corporation, which are being sold by UK businessman Robert Maxwell. Some 15 mutual funds currently hold...

Dankner opens door to Shamrock. (Dankner family-owned Dor Energy) (Energy and Fuels)
September 20, 1991... Dankner Opens Door to Shamrock Shamrock Holdings of the U.S. has acquired a 33.5 percent holding in Dor Energy. No details of the transaction are available since both companies are privately held. However, it is understood Dor is planning...

Key oil drilling. (National Oil Co.) (Energy and Fuels)
September 20, 1991... Key Oil Drilling The National Oil Company is starting to drill for oil in the Dead Sea area in what experts say is the most important drilling in the history of the state. Drilling of the Sodom deep well is planned to reach two layers,...

Israel Export Fair. (trade show, Tel Aviv, Israel) (Exhibitions, Conferences and Seminars)
September 20, 1991... Israel Export Fair The repercussions of the revolution in the Soviet Union and Eastern Europe are impacting all aspects of Soviet society. The continuing liberalization is creating a thirst for know-how and products from the West. An...

Courses for East European weapons plants. (Institute for Eastern and Central Europe training programs) (Exhibitions, Conferences and Seminars)
September 20, 1991... Courses for East European Weapons Plants The Institute for Eastern and Central Europe is planning a course for managers and supervisors of Hungarian and Czechoslovakian weapons plants. The course is to be financed by the London-based...

Autoimmunity Cancer and Aids. (International Conference on Autoimmunity Cancer and Aids, Mexico City, Mexico) (Exhibitions, Conferences and Seminars)
September 20, 1991... Autoimmunity Cancer and Aids The president of Mexico - Carlos Salinas de Gortari - will inaugurate the International Conference on Autoimmunity Cancer & Aids organized by Bar Ilan University and the Institute of Nutrition in Mexico. The...

Technology Fair 91. (Tel Aviv, Israel) (Exhibitions, Conferences and Seminars)
September 20, 1991... Technology Fair 91 With over 60 percent of the hundreds of thousands of Soviet immigrants arriving in Israel boasting academic, scientific and technical training, Israel's technologically-oriented human resources are taking on an added...

Israel participating in printing fairs. (National Printing and Marketing Buyers Show, New York, New York, Frankfurt Book Fair, Frankfurt, Germany) (Exhibitions, Conferences and Seminars)
September 20, 1991... Israel Participation in Printing Fairs Israeli printing companies will be participating in two international fairs in October. From October 1-3 in New York, the National Printing and Marketing Buyers Show will bring the world's printing...

Israel Investment Conference 1991. (New York, New York) (Exhibitions, Conferences and Seminars)
September 20, 1991... Israel Investment Conference 1991 The Israel Investment Conference sponsored by the American-Israel Chamber of Commerce and Industry in New York is finally taking shape. The Israeli Steering Committee headed by joint chairman Michael...

Jordache in Israel. (Polgat Industries contract) (Fashion)
September 20, 1991... Jordache in Israel Polgat Industries has been awarded a franchise to manufacture Jordache jeans in Israel. In addition to a one-time payment, Polgat will pay Jordache 5 percent of sales, which are estimated at some $10 million per annum....

Governor warns government. (Bank of Israel Governor Jacob Frenkel) (Finance)
September 20, 1991... Governor Warns Government Newly appointed Governor of the Bank of Israel, Professor Jacob Frenkel has warned the government of the adverse affects of government involvement in job creation. Frenkel says such a policy is wasteful and...

Economic objectives not met. (Israel) (Finance)
September 20, 1991... Economic Objectives Not Met Dr. Leora Meridor, deputy head of the Research Division of the Bank of Israel, says the direction of economic growth does not conform to the economic policy and budget objectives. While investments and...

New pension funds. (Finance)
September 20, 1991... New Pension Funds The Finance Ministry Capital Market, Insurance and Savings Division has informed the Israel Insurance Association that insurance companies wishing to operate pension funds can obtain the necessary approvals providing they...

Computerized sales of TASE. (Tel Aviv Stock Exchange) (Finance)
September 20, 1991... Computerized Sales on TASE As of September 15, 1991, the Tel Aviv Stock Exchange (TASE) began implementing a new trading system - computerized auction. In the first stage, 60 stocks and convertible bonds will be traded by the new system...

Fund for small enterprises. (Israel Real Estate and Investment Group) (Finance)
September 20, 1991... Fund For Small Enterprises The Israel Real Estate and Investment Group announced that a venture capital fund is being formed in order to cater to small businesses whose capital needs cannot be met by the conventional lending practices in...

Profits on the stock exchange. (Tel Aviv Stock Exchange) (Finance)
September 20, 1991... Profits on the Stock Exchange October 1990 to September 1991 was a good year for investors on the Tel Aviv Stock Exchange. The free shares index increased by 69 percent n.v. or by 41 percent in real terms. The variable shares index,...

External debt down. (Israel) (Finance)
September 20, 1991... External Debt Down Israel's external debt at the end of June totaled $23.9 billion o a decrease of $740 million from the end of March. The Bank of Israel foreign currency division says the decline is due mainly to a reduction in...

Index fuels fears of inflation. (Consumer Price Index, Israel) (Finance)
September 20, 1991... Index Fuels Fears Of Inflation The continued steep rise in housing costs, combined with a sharp seasonal increase in produce prices sent the August Consumer Price Index up a hefty 2.1 percent. This marked the third month in a row that...

Shemen Oil - profits slide. (Shemen Industries) (Food, Beverages and Tobacco)
September 20, 1991... Shemen Oil - Profits Slide Edible oil and soap manufacturer Shemen Industries ended the first half of 1991 with a net profit of NIS 945,000 compared to NIS 3.6 million in the first half of 1990 - a decrease of 73.7 percent. Sales for the...

Osem expansion. (Food, Beverages and Tobacco)
September 20, 1991... Osem Expansion Osem Food Industries will invest about $3 million to expand and modernize production facilities at its Sderot plant; the facility will manufacture diet soups for the U.S. company Slim-Fast. Osem Managing Director Dan Propper...

More coffee. (A.R. Williger International) (Food, Beverages and Tobacco)
September 20, 1991... More Coffee Canned food importer A.R. Williger International has begun marketing a new brand of instant coffee. The coffee is manufactured by Brash Brothers of the UK under the name of King Cup and is being sold only in small stores as it...

Central Bottling ponders beer. (Food, Beverages and Tobacco)
September 20, 1991... Central Bottling Ponders Beer Sources say the Central Bottling Co., manufacturers and distributors of Coca Cola, and soft drink manufacturer Jaf-Ora are negotiating with Kiryat Gat beer manufacturer Simha Peled with a view to market the...

New Olive Branch Briquettes. (Barkesh Inc. develops Olive Branch Briquettes, olive seed and pulp charcoal briquettes) (Food, Beverages and Tobacco)
September 20, 1991... New Olive Branch Briquettes Barkesh Inc., a company formed by Orchards of Nazareth owner Yoel Benash (see ICEN Vol. 243, Sec. 2.4) and his wife Dr. Toni Bark, has developed a new smoker briquette product called Olive Branch Briquettes. The...

Automatic pizza. (Apropo installs automatic pizza machines) (Food, Beverages and Tobacco)
September 20, 1991... Automatic Pizza The first automatic pizza machine in the country has been installed at the "Apro-Pizza" outlet set up by the fast food chain Apropo, owned by Nachi Leor. Apropo intends to install some 30 additional machines nationwide,...

Sore feet. (Israeli shoe industry) (Footwear)
September 20, 1991... Sore Feet The major problem facing Israeli shoe manufacturers is shoes manufactured in the West Bank and Gaza Strip. A report prepared by the Industry and Trade Ministry in conjunction with trade associations indicates there are some 250...

Zion profit downturn. (Insurance)
September 20, 1991... Zion Profit Downturn The Zion Holdings insurance group registered a loss of NIS 284,000 in the second quarter of 1991 compared to a profit of NIS 544,000 in the same period last year. Profits for the first six months of 1991 totaled only...

Menora profits decline. (Menorah Insurance Company Ltd.) (Insurance)
September 20, 1991... Menora Profits Decline Menora Insurance reported profits for the second quarter of 1991 totaling NIS 1.6 million - a drop of 68 percent compared to the second quarter of last year. Profits for the half year amounted to NIS 8.4 million...

Salaries decline. (Israel) (Labor)
September 20, 1991... Salaries Decline Average salaries in the second quarter of 1991 declined by 2.7 percent, following a 3 percent drop in the first quarter; the average gross salary of employed persons in June totaled NIS 2,800. Data published by the Central...

Changes in public service salaries. (Israel. Ministry of Finance) (Labor)
September 20, 1991... Changes in Public Service Salaries The Finance Ministry is planning a reform of salaries in the public sector. As of April 1992, payments for vacation, clothing and car allowances will be included in pension calculations. This could...

Kibbutz industry. (Labor)
September 20, 1991... Kibbutz Industry Out of some 18,000 persons employed in kibbutz industries, only 4.5 percent are scientists and engineers; this compares with 6 percent in industry as a whole. However, plastics and rubber manufacturing, the major kibbutz...

Tuttnauer incubator. (Medical Equipment)
September 20, 1991... Tuttnauer Incubator A new state-of-the-art, water-jacketed, carbon dioxide incubator is now available from the medical equipment firm Tuttnauer of Jerusalem. Tuttnauer is a veteran firm with many high quality laboratory systems to its...

Packer Plada issue. (Metal and Electrical)
September 20, 1991... Packer Plada Issue Steel and metal manufacturer Packer Plada is planning an NIS 25 million issue of convertible bonds to be redeemable in three lots in 1997, 1998, and 1999 and bearing interest as determined by auction but within a...

Silent compressor. (Airmac Industries develops rotary air compressors) (Metal and Electrical)
September 20, 1991... Silent Compressor A new line of rotary air compressors, developed and manufactured by Airmac Industries, offers significant advantages. They are specially designed for hot climates and incorporate special cooling units. The new compressors...

Discount provident buys Elco shares. (Israel Discount Bank) (Metal and Electrical)
September 20, 1991... Discount Provident Buys Elco Shares Provident funds of the Israel Discount Bank have increased their holdings in Elco from 5.3 percent to 10 percent following a 4.7 percent acquisition of shares from Elco owner Gershon Salkind. The funds...

Car sales speed ahead. (Israel) (Motor Industry)
September 20, 1991... Car Sales Speed Ahead Sales of new cars in August totaled 12,949 compared with 12,414 in July - an increase of 4.3 percent and an increase of 50 percent compared to sales of 8,625 new cars in August. The Japanese manufacturers of Subaru...

Yamaha bikes on the way. (Clal Marketing and Commerce contract) (Motor Industry)
September 20, 1991... Yamaha Bikes On the Way Clal Marketing and Commerce has signed an agreement with Yamaha Motors for the sole marketing rights for Yamaha motorcycles. Managing Director Emanuel Shalem says the first machines are scheduled to arrive in Israel...

Saab to Israel. (Motor Industry)
September 20, 1991... Saab to Israel The Swedish automobile manufacturer Saab has decided to lift its trade boycott of Israel and South Africa and is currently evaluating the car market in Israel and seeking a local agent. Sources say Israeli agents of the U.S....

Anti-tumor clone. (InterPharm Laboratories) (Pharmaceuticals and Cosmetics)
September 20, 1991... Anti-Tumor Clone Researchers at InterPharm Laboratories are working towards the industrial scale production of cytokines and immune system stimulators. Cytokines are a family of molecules, produced by cells and capable of affecting the...

Ports and Railways return journey. (Israel. Ports and Railways Authority budget) (Ports, Roads and Rail)
September 20, 1991... Ports and Railways Return Journey The Finance Ministry's proposed budget includes payment of NIS 420 million by the Ports and Railways Authority to the Finance Ministry coffers. The sum is designated by the Finance Ministry to be...

Sold for $3.4 million. (Shrover House, dwelling, Israel) (Real Estate)
September 20, 1991... Sold for $3.4 Million The real estate sale of the year was that of the Shrover House, which was recently sold after being on the market for more than one year. Millionairesse Gita Shrover sold her home to a businessman from Western Europe...

Real estate climbs. (Israel) (Real Estate)
September 20, 1991... Real Estate Climbs Tefahot Israel Mortgage Bank reports a rise of 11.7 percent on real estate prices in the last quarter, higher than the consumer price index which rose by 16.5 percent. The bank's economists developed a formula for...

Apartments in Eilat for sale. (Bluestein B.S. Building Contractors, Elath, Israel) (Real Estate)
September 20, 1991... Apartments in Eilat for Sale Owners of apartments in the Lev Eilat vacation apartment project have begun to make a profit on their investment. In July owners received NIS 1,250 in rents and NIS 2,000 in August. Rents in previous months...

Changes in Kardan Investments. (Real Estate)
September 20, 1991... Changes in Kardan Investments Investors headed by businessman Shevach Ophir have exercised an option to acquire the holdings of Juda Kaminsky in Kardan Investments, the real estate developer/construction company. The group will pay NIS 1.1...

Giron real estate investments. (Real Estate)
September 20, 1991... Giron Real Estate Investments Giron Development & Building is negotiating to acquire four sites to erect a 100-room apartment hotel on the shores of the Sea of Galilee in Tiberias. Giron investments in the Rishon Lezion area include $8...

Israel ships to U.S. (Israel Shipyards) (Shipping and Shipbuilding)
September 20, 1991... Israel Ships to U.S. Israel Shipyards has signed an agreement with a U.S. shipyard for joint manufacture of high-speed patrol boats of the Shaldag class for the U.S. government. The vessels have been inspected three times during the past...

Hard Rock Cafe. (Ronald Cohen contracts to open Israeli restaurants) (Sports and Entertainment)
September 20, 1991... Hard Rock Cafe The American Hard Rock Cafe chain will soon open branches in Israel. The chain signed an exclusive rights agreement with a group of investors headed by English businessman Ronald Cohen. Cohen, together with two other Israeli...

Today's kid. (Shilav contract with Today's Kids Inc.) (Sports and Entertainment)
September 20, 1991... Today's Kid Shilav, the local baby store chain, secured the rights to import and market products of America's Today's Kid, a company specializing in educational games for the young. The American company's annual sales reach $50 million,...

Simpsons to Israel. (Pony Marketing to market The Simpsons, television program) (Sports and Entertainment)
September 20, 1991... Simpsons to Israel Toy importer Pony Marketing has obtained the sole marketing rights for characters of The Simpsons, the popular U.S. television series on the Fox network. Pony signed an agreement with Twentieth Century Fox and Pony...

Clal buys 6.8% of Edgar. (Edgar Textile Industries) (Textiles)
September 20, 1991... Clal Buys 6.8% of Edgar Clal Industries has acquired 6.8 percent of Edgar Textile Industries for $2.85 million. Edgar maintains a textile plant in addition to owning bonded warehouses and sizable areas of real estate mainly in Petah Tikva....

Hot Springs cold six months. (Tiberias Hot Springs, earnings) (Tourism)
September 20, 1991... Hot Springs Cold Six Months Tiberias Hot Springs ended the first half of 1991 with a loss of NIS 1.95 million but, following a revaluation of buildings and changes in the depreciation rates, the actual loss recorded was NIS 1.46 million....

Tourism for Mizpe Ramon. (David Lewis to build hotels in Mizpe Ramon, Israel) (Tourism)
September 20, 1991... Tourism for Mizpe Ramon Hotelier David Lewis is planning to do for Mizpe Ramon what he did for Eilat, i.e. put it on the tourist map. Lewis has bought 64 apartments from the Ministry of Construction and Housing and is converting them into...

New tourism investments. (Israel. Ministry of Tourism budget) (Tourism)
September 20, 1991... New Tourism Investments The Finance Ministry has allocated a budget of NIS 112 million over the next three years for the development of tourism infrastructure which will provide some 12,000 jobs. The Tourism Ministry had requested a budget...

Tourism improving. (Israel) (Tourism)
September 20, 1991... Tourism Improving Nearly 139,000 tourists visited Israel during August compared with the August 1990 number of 129,000 [omicron] an increase of 6 percent. Despite the increase in August, the total number of tourists for the January to...

Israel vs. Ericsson. (Trade)
September 20, 1991... Israel vs. Ericsson Israel is gearing up to fight the trade boycott of the Swedish firm Ericsson, considered to be one of the communications industry giants with a 40 percent share of the global cellular phone market. David Naveh, head of...

Trade deficit still increasing. (Israel) (Trade)
September 20, 1991... Trade Deficit Still Increasing Data published by the Central Bureau of Statistics shows that for the first eight months of 1991, the trade deficit totaled $3.7 billion compared with $1.6 billion for the same period last year - an increase...

Water consumption down 24%. (Israel) (Utilities)
September 20, 1991... Water Consumption Down 24% Overall consumption of water in August reached 112.7 million cubic meters as opposed to 148.6 million cubic meters for the same month last year. The biggest savers were the farmers, whose consumption was 8...

Tahal in the black. (Utilities)
September 20, 1991... Tahal in the Black Tahal Water Planning ended the first half of 1991 with a profit of NIS 300,000 compared with a loss of NIS 2.7 million in the first half of 1990; this is the first profit registered by the company during the past 10...