01.01.2006-31.12.2006

01.01.2006-31.12.2006

  
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1

“I’m the happiest unemployed person around”

01.01.2006-31.12.2006
  Iscar president chairman Eitan Wertheimer talks about the changes at the company following the sale to Warren Buffett’s Berkshire Hathaway this year.
  Hadas Manor 31/12/2006
 “The biggest change of all at Iscar since it was acquired by Warren Buffett (80% for $4 billion) was that we began drinking Coca Cola in the company dining room. Aside from that, everything is just as...
2

Warburg Pincus set to buy Alliance Tire, delist it from TASE

01.01.2006-31.12.2006
  Alliance has been valued at $45 million, 22% higher than its market price at the end of last week.
  Uri Shuster 31/12/2006
 Private equity fund Warburg Pincus LLC intends to acquire Fishman Holdings subsidiary Alliance Tire Co. (TASE: ALIN ) and delist it from the TASE. Alliance announced today that “the potential buyers ...
3

Wound healing co EnzySurge raises $1.7m

01.01.2006-31.12.2006
  EnzySurge has developed a device for the continuous irrigation of chronic wounds.
  Gali Weinreb 31/12/2006
 Israeli start-up EnzySurge Ltd. , which has develops treatments for chronic wounds, has closed its third financing round, raising $1.7 million from private investors at a value of $7 million. The The...
4

Ex Libris buys US competitor Endeavor

01.01.2006-31.12.2006
  Sources: The acquisition was made at a value of $30-40 million.
  Shmulik Shelah 31/12/2006
 Israeli library software developer Ex Libris Ltd. has acquired a US competitor, Endeavor Information Systems Inc. from international publisher Reed Elsevier Group plc (LSE; REL; Euronext:REN; NYSE: Ex...
5

Tara to move dairy to Kafr Qassem

01.01.2006-31.12.2006
  The move follows a government decision to include Arab communities in central Israel as national priority areas.
  Hadas Manor 31/12/2006
 Tara Dairies plans to move its dairy from Tel Aviv to Kafr Qassem, instead of to the NEM industrial zone outside Netivot in the Negev. The company will double its investment in the move from $35 Tara...
6

Survey: 40% of Israel workers very stressed

01.01.2006-31.12.2006
  The survey found work-related stress caused significant harm to the Israeli economy.
  Shay Niv 31/12/2006
 The number of workers in Israel who claim to very stressed while at work has doubled in recent years to 40%, according to a survey presented last week at the conference of the Israel Institute for ...
7

“Israeli” newspaper's computers repossessed

01.01.2006-31.12.2006
  Other suppliers of the newspaper will likely take similar measures.
  Yael Gaoni 31/12/2006
 Sources inform ''Globes'' that the computers of “Israeli” newspaper were repossessed last week by the leasing company, after the company failed to pay for them. Other suppliers of the newspaper will ...
8

Gift: Dollar will trade at NIS 4.15-4.45/$ in 2007

01.01.2006-31.12.2006
  The shekel-dollar exchange rate could again trade around NIS 4.20/$ or even lower.
  Alona Koren 31/12/2006
 Gift Asset Management Ltd. predicts that the shekel-dollar exchange will be between NIS 4.15/$ and NIS 4.45/$ in 2007. In the immediate term, the support level for the shekel-dollar exchange rate will...
9

Gasoline prices to go down

01.01.2006-31.12.2006
  The price for a liter of 95-octane gasoline will cost NIS 5.40 for self-service.
  Globes correspondent 31/12/2006
 Gasoline prices will be lowered at midnight today by 0.55-1.28%. The price for a liter of 95-octane gasoline will cost NIS 5.40 for self-service, and NIS 5.52 for full service. The price for a liter ...
10

New reciprocal procurement threshold set at NIS 25m

01.01.2006-31.12.2006
  The cabinet also approved separating the mandatory minimum on defense reciprocal procurements from civilian reciprocal procurements.
  Hadas Manor 31/12/2006
 The cabinet today raised the mandatory reciprocal procurement threshold to transactions over NIS 25 million from the current NIS 2.2 million. Minister of Industry, Trade and Labor Eli Yishai and The ...

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