Realizing Potential in Israel's Growth Industries

Gazit Industries to Acquire Control in Poligal Ltd.

Late January 2010, Gazit Industries Ltd, a Tene II portfolio company, consummated its control investment in Poligal Ltd. According to Ran Ben-Or, Managing Partner at Tene Investment Funds, "this is a significant and positive move for the two companies as there is a multi level synergy in the companies' operations."

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Netafim has signed an agreement for irrigation, development and training of farmers in Mexico.

Eli Shohet, Co-CEO at Netafim: "The global crisis has made it necessary for Netafim to continue supporting farmers around the world with the most advanced technologies and knowledge, enabling them to achieve higher yields and better quality crops, while using fewer resources – less water, less fertilizers and less energy."Netafim, the world's largest and leading company for smart water solutions for agriculture, signed a cooperation agreement this week with the Ministry of Agriculture of the Jalisco State of Mexico, during the recent visit of Jalisco's Minister of Agriculture, Mr. Alvaro García Chávez, to Israel.

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New Leadership at Hanita Coatings

Hanita Coatings, a leading converter of polyester films, recently announced the appointment of Oved Shapira as Managing Director, replacing Sason Fluxman, who is now CEO of automotive parts manufacturer Fishman Ltd.
Oved Shapira, 41, gained rich managerial experience during 7 years at Frutarom, one of the leading global companies in the field of flavors and specialty ingredients.

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Teldor and Massada Stand the Test of Time

Originally designed and installed over 3 years ago, the ADSS (All Dielectric Self-Supporting) fiberoptic cable connecting the below-sea-level lower portion of the Massada site to the upper portion has an un-supported span of 910 meters.

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