Category: cos

  • Israeli autotech cos will have to disclose Chinese connections

    Dozens of Israeli companies that provide devices and programs for the global auto industry will be asked to disclose information about their relations with China as a condition for participating in future supply contracts with Western cars manufacturers. This is followed by new American regulations designed to prevent the import…

  • Tech cos cut down on employee options – study

    The upward trend of salaries in Israel’s technology industry has been continuing, even since the beginning of the war, despite a slowdown in recent months. But when it comes to granting options to employees, the picture is quite the opposite. A study conducted by Altshare for Globes found that the…

  • After court victory, 5 Israeli cos exhibit at France’s Euronaval

    Five Israeli companies participated today in the prestigious Euronaval exhibition, which opened in France, five days after the Paris Commercial Court overturned the French government’s decision to ban Israeli companies from participating in the event, following a petition filed by the Israel Manufacturers Association, Israel Shipyards, and the Chamber of…

  • French court overturns Euronaval ban on Israeli cos

    For the second time in the past four months, the Paris Commercial Court overturned a decision by the French government to ban Israeli companies from participating in a defense exhibition and ruled that they can participate in the Euronaval event, which opens on Monday. The court was responding to a…

  • Israeli tech cos cutting back on employee share options

    Despite the war, salaries for tech workers rose 8% between June 2023 and 2024, higher than the average salary rise of 5.1% for the entire economy. The average monthly salary for a tech in Israel is now NIS 32,215. But tech companies have become much less generous when it comes…

  • Chip equipment cos Nova, Camtek slip from peak

    Until two weeks ago, Israeli chip testing companies were Kamtech (NASDAQ: CAMT, TSE: CAMT) and Nova Co., Ltd. (NASDAQ:My soul; level:My soul) have been shining on Wall Street since the start of 2024, each rising just over 100% to record highs, also helping lift the Tel Aviv 35 Index this…

  • Gov’t Cos Authority chief demands progress on IAI flotation

    It has been almost four years since the Ministerial Privatization Committee decided to float Israel Aerospace Industries (IAI) shares on the Tel Aviv Stock Exchange, but for all investors’ desire to buy high-quality defense stocks, the move, which was supposed to result in an injection of billions… Shekels to the…

  • Israeli defense cos signed export orders worth record $13b in 2023

    Israeli defense companies signed new export orders worth a record $13.073 billion in 2023, the Defense Ministry’s Directorate for International Defense Cooperation (SIBAT) said. This is the third year in a row that the record has been broken with new orders worth $12.5 billion in 2022, and $11.3 billion in…

  • Margin Expansion of IT Cos. in FY25 Faces Significant Hurdles By Investing.com

    The latest Jefferies report casts doubt on the expected expansion in EBIT margins for IT companies in FY25. The consensus forecast is for an increase of 80 basis points year-on-year, to 20.3% for the sector. However, while there is optimism for a significant improvement of 380 basis points (240 basis…

  • Edeltech buys Turkish co’s Ashdod – Ramat Negev Energy stake

    Edeltech Group announced that it has signed an agreement to acquire Zorlu Energy’s entire stake in Ezotech Electric, the joint venture through which Edeltech and Zorlu own power plants through Ashdod Energy and Ramat Negev Energy. The joint venture has cogeneration production licenses and a total electricity production capacity of…

  • Two chip cos pull TASE upwards

    Two companies active in the international semiconductor industry that are traded on the Tel Aviv Stock Exchange have become shock absorbers for the local market, accounting for a large part of its rise this year. The two companies, Camtek (TASE: CAMT; Nasdaq: CAMT) and Nova (TASE: NVMI, Nasdaq: NVMI) (known…

  • Int’l cos reluctant to bid for new TA light rail tenders

    Int’l cos reluctant to bid for new TA light rail tenders

    Exactly one year ago, the NTA Metropolitan Mass Transit System published a multi-billion-shekel tender to operate the green and purple light rail lines in the Tel Aviv metropolitan area, which should start before the end of the decade. The tender required cooperation between Israeli and foreign companies and there was…