Basic industries

Basic industries

  
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1

Shamrock faces NIS 28m loss on Kaman Trade sale

Basic industries
  The move may be a bit hasty, given the about face in the markets, and the fact that its Mendelson stake seems headed back in a positive direction.
  Aviv Levy 25/02/2010
 Shamrock Holdings faces a loss of NIS 28 million over two and a half years, an annualized loss of 22% on investment, on the sale of its stake in Kaman Trade Ltd., according to a presentation by Kaman...
2

High-tech manufacturer Nepcon gets court protection

Basic industries
  The jobs of 225 employees are at risk.
  Shay Niv and Ela Levy- 24/02/2010
 The Tel Aviv District Court yesterday accepted a petition by Nepcon Manufacturing Technologies Ltd. for a stay in proceedings until March 25. The company owes NIS 62 million. The company's employees,...
3

Troubled tomato co Miluz nears sale to fruit firm

Basic industries
  An acquisition is subject to approval by Antitrust Authority director general Ronit Kan.
  Shay Niv 24/02/2010
 Vita-Galilee Fruit Ltd. (Vita-Pri Galil) (TASE: VITA ) is in advanced negotiations to acquire Nahariya-based tomato cannery Miluz Ltd. Sources inform ''Globes'' that the negotiations are nearly An -...
4

Tomato sauce factory workers barricade plant

Basic industries
  Miluz employees are protesting the firing of 37 of the plant's 100 regular employees.
  Shay Niv 17/02/2010
 Employees at Miluz Ltd., manufacturer of the "Tal" brand tomato paste, in Nahariya have barricaded the plant since last night. With the backing of the Histadrut (General Federation of Labor in Israel...
5

Kibbutz R&D reaches NIS 330m

Basic industries
  Kibbutz industries boosted R&D spending 120% over five years.
  Merav Ankori 08/02/2010
 Kibbutz industries spent NIS 330 million on R&D in 2009, 120% more than five years earlier, the Kibbutz Industries Association reported ahead of its conference on innovation. Thursday's conference at...
6

C'ttee: Better technology instead of foreign farm workers

Basic industries
  A plan proposes spending NIS 250 million to subsidize labor-saving technologies in agriculture.
  Adrian Filut 02/02/2010
 The Committee to Encourage the Employment of Israelis in Agriculture recommends that the government spend NIS 325 million to reduce the number of foreign workers in agriculture from 27,500 in 2009 to...
7

Kibbutz water tech firms merge

Basic industries
  Amiad Filtration Systems: The addition of Arkal’s product range will considerably enhance Amiad’s offering.
  Tali Tsipori 21/01/2010
 "The physical distance between Amiad Systems and Arkal is just 30 kilometers. Kibbutz Amiad is north of the Kinneret, whereas Kibbutz Beit Zera, which owns Arkal is south of it," Amiad Filtration (AIM...
8

Knesset c'tee mulls Israeli FDA

Basic industries
  An independent food and safety agency would oversee nutritional quality and guidelines, food production, and more.
  Efrat Aharoni 21/01/2010
 The Knesset Labor, Welfare and Health Committee concluded its discussion on food production supervision by instructing the NPO Public Trust to submit a proposal for a bill to establish an independent...
9

Worms found in Knorr soup mix

Basic industries
  The Ministry of Health is demanding that Unilever Israel provide explanations about the serious findings.
  Ilanit Hayut 19/01/2010
 Tests by the Ministry of Health found worms in a container of Knorr soup mix. Knorr is a brand of Unilever. The product was tested following a complaint by a customer who bought a container of Knorr ...
10

Avgol wins Far East order worth up to $105m

Basic industries
  The textiles company will provide a range of nonwoven products to the customer from January 2010.
  Hillel Koren 11/01/2010
 The board of directors of Avgol Nonwoven Industries Ltd. (TASE: AVGL ) has approved a framework agreement between subsidiaries Avgol Ltd. and China's Hubei Gold Dragon Nonwoven Fabric Co. Ltd. and a ...

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