Tag Archive for Buisness

| September 30, 2013
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Micron plant in Kiryat Gat sold to Intel

Having built the plant 15 years ago, this purchase marks a full circle for Intel, who later developed a much larger facility next door that today serves as the basis for its Israeli manufacturing operations.

By and

 

 

The U.S. semiconductor company Intel said Sunday it had signed an agreement to take over the chip-making plant owned by Micron in Kiryat Gat and would retain most of its staff.

Micron

The Micron plant in Kiryat Gat, adjacent to the Intel plant. – Photo: Eliyahu Hershkovitz

The acquisition marks a full circle for Intel, which built the plant 15 years ago, but later developed a much larger facility next door that today serves as the basis for its Israeli manufacturing operations. Continue Reading »

Category: Israel News | Tags: ,
| September 3, 2013
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Unlike EU leaders, Beijing businesses seeking products labeled ‘Made in Israel’ !!

Visiting Chinese trade executives praise Israel’s “world-class products” and want to see them being sold in China.

By NIV ELIS

 

 

 

The ubiquitous “Made in China” stamp that for years could be found on cheap manufactured goods in Israel and around the world is gradually giving way to a new economic reality.

JOHNSON LIU, deputy director-general of the China Foreign Trade Center, addresses Israelis in TA

JOHNSON LIU, deputy director-general of the China Foreign Trade Center, addresses Israelis in TA – Photo: Shlomi Mizrachi

On Monday, representatives from Canton Fair, China’s largest trade exhibition, met in Tel Aviv’s David Intercontinental Hotel and urged Israeli businesses to join the event in mid-October. But for the first time, they were not courting just importers to distribute Chinese goods to Israel; instead, they laid out the case for Israeli businesses to sell to China.

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Category: Israel News | Tags: , ,
| August 25, 2013
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Survey: 34% of Israeli managers lack academic degree

New survey examining education of executives in Israeli labor market reveals 63% lack management degree. Only 1/3 of those with management degree believe it has given them tools to solve managerial challenges.

By Aviv Bertele

 

 

A survey examining the training of executives in the Israeli labor market reveals that some 34% of managers in Israel have no academic degree.

‘Studying is important, but managers need relevant tools’ – Photo: Shutterstock

In addition, 62.9% of executives don’t have a degree in management or business administration, and more than half of those who do hold a management degree only completed bachelor studies. Continue Reading »

Category: Jewish News | Tags: ,
| May 13, 2012
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Teva Pharma 1Q profit climbs 13%

Israeli company’s adjusted earnings beat Wall Street estimates; revenue rose about 25% to $5.1 billion from $4.08 billion a year ago

 

Teva Pharmaceutical Industries Ltd.’s first quarter earnings climbed 13% as sales of branded drugs that came with the acquisition of Cephalon Inc. increased revenue for the world’s largest generic drugmaker.

Its adjusted earnings beat Wall Street estimates but revenue came in short, and its US shares fell 77 cents, or 1.7%, to $43.70 in premarket trading.

Teva plant in Jerusalem Photo: Reuters

Teva plant in Jerusalem - Photo: Reuters

The Israeli company said Wednesday that its net income rose to $859 million, or 97 cents per share, in the three months that ended March 31. Continue Reading »

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