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Sewage treatment co Mapal Green Energy raises ���1.5m
Globes, Tel Aviv, IsraelSewage treatment technology developer Mapal Green Energy Ltd. has raised �1.5 million (NIS 8.3 million) in its second financing round from British private equities fund Charles Street Securities Europe LLP. The company also signed its first...Tags: Energy Saving, United Kingdom, Energy, Israel, Finance
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Katzman sells NIS 80m block of Ormat shares
Globes, Tel Aviv, IsraelChaim Katzman and Dori Segal are continuing to reduce their holding in geothermal energy company Ormat Industries Ltd. (TASE: ORMT), which they hold through Norstar Holdings Inc. (TASE: NSTR), the controlling shareholder in real estate company Gazit-Globe...Tags: Ormat Technologies Incorporated, Stock Market, Israel
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Globes, Tel Aviv, Israel, Roy Goldenberg column
Globes, Tel Aviv, IsraelIf Waze Ltd. is acquired, Facebook Inc. (Nasdaq: FB) will close its third deal in Israel, one more than Google Inc. (Nasdaq: GOOG) and Yahoo! Inc. (Nasdaq: YHOO) each, but fewer than the seven Israeli acquisitions by Microsoft Corporation (Nasdaq: MSFT)....Tags: Facebook, Yahoo! Inc., Microsoft Corporation, Media Industry, Social Media
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3D printing co Stratasys teams with Scheu Dental
Globes, Tel Aviv, Israel3D printing company Stratasys Inc. (Nasdaq: SSYS) has announced a collaboration agreement with Germany's Scheu Dental GmbH to offer orthodontic labs a complete digital solution. Digital orthodontics is rapidly becoming the industry standard because of...Tags: Dentistry and Dental Health, Germany, Global Expansion, Stratasys Incorporated, Orthodontics
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BoI wants gov't bonds tax hike for foreign investors
Globes, Tel Aviv, IsraelThe Bank of Israel is not stopping with purchases of dollars in its effort to stem the appreciation of the shekel. Sources inform "Globes" that it has asked the Ministry of Finance to equalize the tax rate paid by Israeli and foreign investors on Shahar...Tags: Israel, Finance, Credit Ratings
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Treasury deal with Histadrut averts strike
Globes, Tel Aviv, IsraelMinister of Finance Yair Lapid and Histadrut chairman Ofer Eini reached an agreement last night on public sector employees, as part of the state budget, which include a number of concessions to the Histadrut (General Federation of Labor in Israel) in...Tags: Labor Legislation, Civil and Public Service, Employees, Government, Israel
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Shekel resumes gains
Globes, Tel Aviv, IsraelThe shekel continued to strengthen against the dollar and euro in morning inter-bank trading today. The shekel-dollar exchange rate has fallen 0.39 percent, compared with yesterday's representative rate, to NIS 3.55/$, and the shekel-euro exchange rate...Tags: Money and Monetary Policy, Financial Planning, Budgets and Budgeting, Israel, Finance
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Renault to provide Better Place longer range Fluence ZE
Globes, Tel Aviv, IsraelRenault SA (Euronext: RNA) will continue to support production and development of the Fluence ZE electric car with the fast battery replacement system for Better Place Inc., said a Renault spokesman in Denmark in response to remarks by Renault CEO...Tags: Renault SA, Hybrid Vehicles, Nissan, Passenger Cars, Fuel-efficient Vehicles
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Peres to Lapid: You didn't run away from the crisis
Globes, Tel Aviv, Israel"I know that you could have chosen an easier livelihood. You found the economy with a serious deficit. You didn't run away from the crisis, but chose to tackle it," President Shimon Peres told Minister of Finance Yair Lapid, who handed him the budget...Tags: Public Finance, Israel
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War can wait
Globes, Tel Aviv, IsraelIt is increasingly apparent that there is no appetite in either the United States or Israel at this time to go to war with Iran by attacking the Iranian nuclear facilities. For the time being, the June elections in Iran are used as a reason not to...Tags: Government, Manufacturing and Engineering, Iran, Israel, Defense Equipment
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Netanyahu wanted budget delayed; Lapid refused
Globes, Tel Aviv, IsraelSources inform "Globes" that Prime Minister Benjamin Netanyahu asked Minister of Finance Yair Lapid to hold off presenting the austerity measures in the budget proposal for 2013-14 until after his return from China, but Lapid refused. Netanyahu reportedly...Tags: Benjamin Netanyahu, Government, Budgets and Budgeting, China, Israel
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Lifestyle blog translation site Webflakes raises $3m
Globes, Tel Aviv, IsraelLifestyle blog translation company Webflakes has closed $3 million in Series A funding from Orens Capital, Genesis Partners and other investors including Audible Inc. founder and CEO Donald R. Katz, eBay CTO and SVP global products Mark Carges, Chegg co-...Tags: Japan, New Products, Audible Incorporated, Companies and Corporations, Israel
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