E-Mail : service@ibdco.com
Return to home page.
N   E   W   S  *
Stock exchange and the latest financial / business news.
News 03.05.2004 - 24.10.2004 click here.
News before 03.05.2004 click here.
21.04.05 Matav Sell $ 250M Orange shares to Orange.
Mercury 1Q 2005 net profit: $ 31.4M
Partner - Orange 1Q 2005 turnover: $ 274M. Net profit: $ 28.30M
Amdocs 1Q 2005 turnover: $ 488M. Net profit: $ 74.3M
20.04.05 Electronics Negotiation to purchase 50% of JapanAuto. Advance payments of $ 1.4M
Polgat Capital profit from Begir issuing in TASE: $ 11 - 12M
19.04.05 Machteshim Agan New agreement with Bayer AG.
Nice New order from NAV Canada for $2.8M
18.04.05 METALINK LTD First quarter 2005 conference call will be broadcast “live” in listen-only
mode via its website on Wednesday, April 27, 2005 at 9:00 AM (EST).
JACADA LTD Jacada Announces Immediate Availability of Jacada Fusion 2.0
Elbit Systems A partnership with IAI received an order form the Turkish Army
17.04.05 Africa Israel New contract to build a Mall in Moscow for $ 300M
Malam Team Ltd. offer $ 26.6M
Malam The receiver support Team Ltd. offer.
14.04.05 AFRICA-ISRAEL Midrog rated bonds as Aaa.
This rate remains as long as the company ( inc. all associated Co. )
debt will not exceed $ 2 Bn. ( there are other limitations ).
RAPAC TECHNOLOGIES Orpac Ind. May issue shares abroad.
El Al Request for temporary "stay of action" order was issued in order
to stop MMN shares transaction
13.04.05 MER INDUSTRIES Orders from Brazil for $ 7,000,000
ALVARION O2 plc, a leading mobile operator, and Siemens successfully completed
a test of its BreezeMAX™ 3500, a WiMAX-ready solution.
ISRAEL ADLER Stock Exchange Commissioner: Refuse to accept balance sheet.
12.04.05 FiBi Repurchase offer for 5,138,837 shares
El Al Sold holdings im MMN for $ 12.8M
11.04.05 MEDTECHNICA LTD Shareholders rejected a purchasing offer.
Nice Acquire the Assets of Dictaphone’s Communications Recording Systems
Business for $38.5 Million in Cash
10.04.05 Magal Estimated revenues for the first quarter of 2005 will be in the range
of $12 to $14 million. In the first quarter of 2004, the Company had 
revenues of $ 14.2 million
07.04.05 Ormat Sold holdings in Beit Shemesh Engines.
06.04.05 Gandan sold holdings in Alrov
Shemen Stop negotiation with Heinz.
05.04.05 Refael Year 2004 turnover: $ 800M Net profit (loss): $ 45M\
04.04.05 KISCH KIRUR Volkswagen mfg. mini bus for Eged.
KISCH KIRUR First order from Eged for $ 700K
03.04.05 Magal Merging its two US subsidiary companies into one entity
The decision was made in order to better adapt its operations
in the United States to developments in the US market,
particularly those concerning the Department of Homeland Security
02.04.05 POLGAT LTD Dividend NIS 2.52554   per share. Total of NIS 152,000,000 
Record date: 10/04/2005 
X date:  12/04/2005  
Payment date: 25/04/2005 
Retained earning after this dividend: NIS 
Electra Electra Real Estate sold an asset in the UK for GPB 16.33
31.03.05 LODZIA-ROTEX Year 2004 turnover: $ 1,661K Net profit (loss): $ 880K
Atifon Year 2004 turnover: $ 2,844K Net profit (loss): $ ( 741K )
Sano Year 2004 turnover: $ 164,330K Net profit (loss): $ ( 12,627K )
Shemen Year 2004 turnover: $ 150,360K Net profit (loss): $ ( 4,885K )
30.03.05 Discount Bank Year  2004 net profit: $ 129M
Leumi Bank Year  2004 net profit: $ 433M
Koor Year 2004 turnover: $ 2,142,218K Net profit (loss): $ 33,656K
TRANSCLAL TRADE Year 2004 turnover: $ 19,433K Net profit (loss): $ 4,201K
MACPELL Year 2004 turnover: $ 5,555K Net profit (loss): $ 1,071K
29.03.05 Taya Communication Year 2004 turnover: $ 20,545K Net profit (loss): $ 1,095K
TRANSCLAL TRADE Dividend NIS 0.59416  per share. Total of NIS 6,000,000 
Record date:05/04/2005 
X date:  06/04/2005  
Payment date: 21/04/2005 
Retained earning after this dividend: NIS 201,000
Tafron Year 2004 turnover: $ 182,819K Net profit (loss): $ ( 6,865K )
28.03.05 I.D.B. Holdings Year 2004 turnover: $ 2,937M Net profit (loss): $ 138M
I.D.B. Holdings Dividend NIS 4.78 per share. Total of NIS 180,045,220
Record date:07/04/2005 
X date:  08/04/2005 
Payment date: 20/04/2005    
Retained earning after this dividend: NIS 88,000,000
BLUE SQUARE Year 2004 turnover: $ 1,245,539K Net profit (loss): $ 14,055K
27.03.05 ELBIT SYSTEMS Completes the Acquisition of the Assets of Israel Military Industries' 
Aircraft Systems Division.
Teva APPROVAL OF AMLODIPINE BESYLATE TABLETS BY THE FDA
24.03.05 AVIATION LINKS Year 2004 turnover: $ 82,411K Net profit (loss): $ ( 14,063K )
Scope Year 2004 turnover: $ 116,555K Net profit (loss): $ 13,440K
23.03.05 Ituran Dividend NIS 1.845  per share. Total of NIS 11,800,000
Record date:13/04/2005   
X date:  14/04/2005   
Payment date: 28/04/2005   
Retained earning after this dividend: NIS 54,582,000
Ituran Year 2004 turnover: $ 81,256K Net profit (loss): $ 11,025K
Ormat Year 2004 turnover: $ 55.844K Net profit (loss): $ 21,869K
Clal Industries Year 2004 turnover: $ 629.77M Net profit (loss): $ 74.42M
22.03.05 Scitex Vision Shareholders negotiates to sell holdings to HP Inc. for $ 250M - $ 300M
Partner ( Orange ) PARTNER COMMUNICATIONS ANNOUNCES INCREASE OF DEBT
OFFERING TO: $ 465M TO THE PUBLIC AND ADDITIONAL $ 116M
TO A SUBSIDIARY COMPANY.
Delek Cars Year 2004 net profit: $ 61.42M
Sefen Year 2004 turnover: $ 37,397K Net profit (loss): $ 436K
Cellcom Year 2004 net profit: $ 143,419K
Netvision Year 2004 net loss: $ ( 1,620K )
Elron Year 2004 net profit: $ 84,290K
Discount Investment Year 2004 turnover: $ 1,751.86M Net profit (loss): $ 157.44M
I.B.D. is not responsible for the information 
published in this news page.
We strongly recommend to verify any information
before making / avoiding any type of action.
21.03.05 Clal Insurance Dividend NIS 4.788 per share. Total of NIS 250,000,000 
Record date:30/03/2005  
X date:  31/03/2005  
Payment date: 17/04/2005   
Retained earning after this dividend: NIS 1,129,892,000 
INDUSTRIAL BUILD. Board of directors: Net investments in foreign real estate
$ 250M
Matav Year 2004 turnover: $ 135,945KNet profit (loss): $ (19,299K)
Negev Year 2004 turnover: $ 66,437K Net profit (loss): $ 2,065K
Petrochemical Year 2004 turnover: $ 192,250K Net profit (loss): $ 20,753K
Electra Year 2004 turnover: $ 469,393K Net profit (loss): $ 17,209K
ARYT INDUSTRIES Year 2004 turnover: $ 6,515K Net profit (loss): $ 1,594K
20.03.05 Tadiran Comm. Year 2004 turnover: $ 316M Net profit (loss): $ 44.40M
Blue Square Year 2004 turnover: $ 1,247M Net profit (loss): $ 14.07M
17.03.05 Bank of Israel € 1 = NIS 5.7423
  $ 1 = NIS 4.3110
  ¥ 100 = NIS 4.1126 
Delta - Galil Year 2004 turnover: $ 152,156K. Net profit (loss): $ 2,950K
16.03.05 RALCO AGENCIES LTD Year 2004 turnover: $ 18,925K. Net profit (loss): $ 287K
National Semi-Con Sell local activity to Winbond for $ 75M
TADIR - GAN Year 2004 turnover: $ 28,610K. Net profit (loss): $ 3,610K
15.03.05 A.F.S.K. INDUSTRIES Year 2004 turnover: $ 24,030K. Net profit (loss): $ 3,005K
Elbit Systems Year 2004 turnover: $ 939,925K. Net profit (loss): $ 52,993K
14.03.05 Tambour Year 2004 turnover: $ 97,123K. Net profit (loss): $ 8,819K
13.03.05 Elbit Systems Elbit Systems Ltd. Reports Stoppage of Tender Process  for 
Helicopter Upgrade in Bulgaria.
11.03.05 RAMDOR SYSTEMS Year 2004 turnover: $ 2,807K. Net profit (loss): $ 464K
H.ALONY ENTERPRISES Year 2004 turnover: $ 45,585K. Net profit (loss): $ (2,651K)
10.03.05 ONE SOFTWARE Negotiation to purchase Express systems for $ 1.55M
Ampa Investments Ampa Capital: Year 2004 net profit: $ 2,009K
Rapid Vision Year 2004 turnover: $ 16,426K. Net profit (loss): $ ( 411K )
09.03.05 ModemArt Ageere purchase ModemArt for $ 145M ( inc. $ 115M in shares )
State of Israel Year 2004 Government debt / GDP = 102%
  Year 2003 Government debt / GDP = 104%
  Year 2004 Average in Industrialized countries = 77% (OECD) in 
  the European zone: 78%.
Bank of Israel € 1 = NIS 5.7009
  $ 1 = NIS 4.3040
  ¥ 100 = NIS 4.1004 
08.03.05 MAKHTESHIM AGAN Dividend $ 0.0313 per share. Total of $ 12,700,000
Record date: 17/05/2005 
X date: 18/05/2005 
Payment date:  01/06/2005   
Retained earning after this dividend: $ 345,841,000
MAKHTESHIM AGAN Year 2004 turnover: $ 355,589K. Net profit (loss): $ 38,228K
Delek Motors Mazda 3 and Ford Focus failed a crashing test in USA.
07.03.05 Mehadrin Year 2004 turnover: $ 90,567K. Net profit (loss): $ 3,674K
Lipman Receives $4.8 Million Follow-on Order From Bank in Turkey.
06.03.05 Hapoalim Bank The police arrests 12 employees in Tel Aviv branch (Hayarkon) in suspicions
of hundreds millions dollars laundry operation.
Local business men are expected to be called for inquiry.
More then 150 account in Hapoalim branch 535 are under investigation.
Estimated amount in the a.m. accounts : $ 400M
Cargal Year 2004 turnover: $ 74,756K. Net profit (loss): $ 1,712K
04.03.05 Bezeq Year 2004 turnover: $ 2,140,601M. Net profit (loss): $ 143,378M
D.B.S. 1998 (Yes) Year 2004 turnover: $ 237.41M. Net profit (loss): $ (84.50M )
Return Capital deficit for 31.12.2004: $ 108.74M
Retained loss: $ 736,49M
Bezeq International Year 2004 turnover: $ 188.45M. Net profit (loss): $ 27.91M
Pelephone Year 2004 turnover: $ 1,019M. Net profit (loss): $ 69,444M
ARPU = 35.33
03.03.05 THE GOLD BOND 2004 income: $ 13.16M, net profit (loss): $ 2.53M
Bank of Israel Reserve in foreign currency ( millions )
28/02/2005 $26,760
31/01/2005 $26,728
31/12/2004 $26,631
30/11/2004 $26,855
31/10/2004 $25,619
30/09/2004 $25,840
31/08/2004 $25,656
31/07/2004 $25,842
30/06/2004 $25,712
31/05/2004 $26,191
30/04/2004 $26,664
31/03/2004 $26,161
   
   
Bank of Israel Direct foreign investments in Israel during year 2004: $ 1.6Bn. Comparing
  to year 2003: $ 4Bn.
  Total foreign investments in Israel for year 2004: $ 6.6Bn. Comparing
  to year 2003: $ 6Bn.
   
Bank of Israel € 1 = NIS 5.6994
  $ 1 = NIS 4.3350
  ¥ 100 = NIS 4.1380 
MAYTRONICS 2004 income: $ 32.6M, net profit (loss): $ 5.40M
Bezeq International 2004 income: $ 188M, net profit (loss): $ 28M
Deutsche Bank  ||| Leumi bank shares allocations was profitable.
Ministery of Commun The Israeli communication companies do not pay commissions on time.
estimated unpaid commissions and fees NIS 100M - 150M.
The minister of communication in attempt to enforce IRS regulation
on the local companies
Co-Op 200 shareholder request thr Israeli cout to hold Co-Op approval of
Mr. Bromfmann's offer.
IKEA Matthew Bronfmann offer to buy the Israeli branch for $ 27M form Co-OP.
GRANITE HACARMEL 1st.Q 2005 includes a $ 690K capital loss from Tambure.
ELRON ELECTRONIC 2004 income: $ 143,018K, net profit (loss): $ 84,133K
SCITEX CORPORATION 2004 income: $ 35,494K, net profit (loss): $ (2,899K)
  The Israeli top cellular companies
   
Orange Income: $ 1,187,000M.  Net profit: $ 109M
  Capital: $ 367M. Operational Cash Flaw: $ 364M
  Customers: 2,340,000
   
Cellcom Income: $ 1,293,000M.  Net profit: $ 1249M
  Capital: $ 730M. Operational Cash Flaw: $ 442M
  Customers: 2,450,000
02.03.05 Deutsche Bank  || Reports, we lost $ 850 from Leumi bank shares.
Purchsed at $ 2.919. sold at avarae parice: $ 2.909
New Kopel 2004 income: NIS 698,714K, net profit (loss): NIS 53,512K
AFCON INDUSTRIES  3Q 2004 income: NIS 268,430K, net profit (loss): NIS (3,517K)
ClubMarket Delays in payments.
Deutsche Bank  | Distribute Leumi Bank shares purchased yesterday. Est. commissions
$ 700K
01.03.05 MINI LINE Dividend NIS 1.62  per share. Total of NIS 11,079,900 
Record date:08/03/2005 
X date:  09/03/2005 
Payment date: 20/03/2005  
Retained earning after this dividend: NIS 44,042,000
SuperPharm Year 2004 turnover: NIS 2.3Bn. Increase in turnover by 8%. Decrease
in profit.
Lipman New order for $ 3M from India.
Hapoalim Schweitz Net profit: CHF. 23.3M
Cellcom 2004 income: NIS 5.6Bn, net profit (loss): NIS 617M
Deutsche Bank Purchase 6.5% of Leumi Bank shares for $ 383M per 10%.
SUPER-SOL LTD Dividend NIS 1.41 per share. Total of NIS 300,000,000 
Record date:20/03/2005 
X date: 21/03/2005 
Payment date: 05/04/2005 
Retained earning after this dividend: NIS 610,404,000
Current ratio = 0.98
Debt / Equity ratio = 1.25
KLIL INDUSTRIES LTD Received funds from private share allocation. Payment for Bonds 1 
holders today.
MMN 2004 income: NIS 355,346K, net profit (loss): NIS 20,099K
Delek International 2004 income: NIS 245,536K, net profit (loss): NIS 77,722K
SUPER-SOL LTD 2004 income: NIS 6,232M, net profit (loss): NIS 18
DISCOUNT MORTGAGE Net loss for 2004: NIS 35M
28.02.05 Matrix 2004 income: NIS 904,884K, net profit (loss): NIS 28,510K
Union Bank 2004 income: NIS 490M, net profit (loss): NIS 36M
27.02.05 OPHIR TOURS Mode Idea International requested a court order to hold Arlington offer.
OPHIR TOURS A purchase offer was forward by Arlington at NIS 3 a share.
H & O 2004 income: NIS 332,739K, net profit (loss): NIS 4,447K
MAGAL-INTERNATIONAL 2004 income: NIS 170K, net profit (loss): NIS 59K
24.02.05 Inter. Mortgage Profit from financial Op. NIS 100.4M
Net profit: NIS 49.4M
ELRON ELECTRONIC ELRON TO REPORT FOURTH QUARTER AND YEAR END 2004
FINANCIAL RESULTS ON MARCH 2, 2005.
Teva TEVA ANNOUNCES APPROVAL OF METHYLPREDNISOLONE 
ACETATE INJECTABLE SUSPENSION
TALDOR COMPUTER Purchase Sela Communication Labs. For NIS 3.86M
WORLD GROUP Worldgroup V Corporation  sign an agreement for a second bulk carrier
The ship was built in Japan on 1976 and can carry up to 23K tone.
The company will pay $ 3.25M
TASE TASE 25 = 634.97 +0.89%
(Tel-Aviv Stock Exchange) TASE 100 = 657.38 +0.75%
Tel-Tach 15 = 419.07 -0.06%
Bank of Israel € 1 = NIS 5.7756
$ 1 = NIS 4.3570
¥ 100 = NIS 4.1531 
23.02.05 DISCOUNT MORTGAGE Loss in year 2004.
INTERNET GOLD 2004 income: $ 51.0M, net profit (loss): $ 4.5M
22.02.05 GRANITE HACARMEL Tambur sold 5,950,000 shares via TASE for NIS 85.5M.
Shemen Basic agreement to purchase Heinz Israel Ltd. Assts for $ 3.5M
Stauss - Elite Maalot rated NIS 500M bonds as (AA+)
21.02.05 LODZIA-ROTEX  Dividend NIS 0.99414  per share. Total of NIS 4,400,000
Record date: 28/02/2005 
X date: 01/03/2005
Payment date: 14/03/2005 
Retained earning after this dividend: NIS 3,921,000
POLGAT LTD Bagir Ltd. filed a draft prospectus with the Israel Securities Authority (ISA)
and the Tel Aviv Stock Exchange Ltd. connection with a possible offering
of shares and debt securities to the public in Israel for about NIS 100M
walla 2004 income: NIS 45,327K, net profit (loss): 3,611K
20.02.05 PARTNER COMM Announced today that it has filed a draft prospectus with the Israel
Securities Authority (ISA) and the Tel Aviv Stock Exchange Ltd. In
connection with a possible offering of debt securities to the public in Israel.
ELCO HOLDINGS LTD Negotiations to sell Elco 0 Brandt for € 150M - € 200M.
DELEK DRILLING Attempt to raised fund  (non recourse project finance)  (with partners in
 Yem Tatis) $ 275M. Delek's share: $ 130M.
KALANIT CARMON Mr. Samuel Ben-Tov purchase holding from Kalanit High Tech.
MALAM SYSTEMS Request for offers to purchase Zeevi's holding was published today the
Zeevi Group receiver.
State of Israel The budget for year 2005 was not approved at this time.
ONE SYSTEM  The IRS demend NIS 3.7 for year 1999.
18.02.05 LANOPTICS 2004 income: $ 1,721K, net profit (loss): $ (2,378K)
NOVA MEASURING  2004 income: $ 40,879K, net profit (loss): $ 1,467K
17.02.05 Ness 2004 income: $ 305M, net profit (loss): $ 5.4M
ISRAEL SALT Sold 24 million share of Hapoalim Bank for expected NIS 380M
BLUE SQUARE Purchase 50% of Kfar Hashaashuim shares for NIS 3.2M
16.02.05 Bank of Israel 1 = NIS 5.6708
$ 1 = NIS 4.3660
¥ 100 = NIS 4.1605
Stauss - Elite 2004 income: NIS 3,391,419K, net profit (loss): NIS 139,154K
Retalix 2004 income: $ 124,360K, net profit (loss): $ 5,958K
Elbit Systems Elbit Systems' to Supply Command & Control Mission Management
Systems for Airborne Platforms to Israeli Air Force – Contract Valued at 
Over $30  Million
Alvarion 2004 income: $ 201,507K, net profit (loss): $ 851K
15.02.05 Bezeq Can invest an additional $ 21.25M in D.B.S. (YES).
Bezeq can not increase holdings over 55%.
Teva 2004 income: $ 4.8Bn, net profit (loss): $ 1Bn
14.02.05 Teva TEVA AND SAVIENT LAUNCH TEV-TROPIN™ FOR PEDIATRIC 
GROWTH HORMONE DEFICIENCY
Zeevi Computers WorldGroup purchase Zaavi Computers shares.
SHLADOT METAL  New order for $ 930K, to be delivered during 2005.
OSEM INVESTMENTS  Tevol sell its holdings in Of Tov for NIS 50M. Rxpected profit for Tivol
NIS 18M
10.02.05 Dun & Bradstreet Submited a NIS 3.8M law suite against Business Data Israel (BDI).
According to D&B, BDI used D&B database without permission.
Copy and distribute data from D&B database.
Modem Art Negotiation to sell holdings to Agear Inc. for $ 145M
09.02.05 cargal Purchase offer was submited in TASE by main shareholdes at NIS 5.98
a share.
08.02.05 Piza Meter Requested "Stay of Proceeding" for NIS 17M debts.
07.02.05 SYNEL INDUSTRIES  First order from England for $ 160K.
Expectation Year 2005 foreign investments in Israel: $ 3Bn.
06.02.05 SAHAR INVESTMENTS  Sold activity to Barak - Hirshsohn group.
ARAZIM INVESTMENTS  Kaldor Properties Limited  sold assets in the UK for NIS 409M.
Capital profit: NIS 21M
03.02.05 State of Israel New laws to increase regulations in business and financial markets.
FRUTAROM Issues in London at NIS 33.5
02.02.05 Cargal TASE directors stop all trading in Cargal's shares.
Discount Bank 26% of shares (254,966,174 ) sold to Bronfmann group.for NIS 1.3Bn.
ECI 2004 income: $ 497M, net profit (loss): $ 10,200K
01.02.05 UNIVERCOL-H.HOFFMAN  Midrug rated bonds as A3 for NIS 61M.
VITA-GALILEE  3i will not sell holdings in Vita Galilee.
31.01.05 BEZEQ Sold holding in Intelsat.
Creo Holdings sold to Kodak for $ 980M
30.01.05 BANK LEUMI Purchase Riggs Bank in the UK for $25M + $12M for deposits & loans.
RETALIX LTD. Announced today that Redner’s Warehouse Markets, a supermarket
chain in Pennsylvania and Eastern New York, selected the Retalix
DemandAnalytx store forecasting and ordering solution.
27.01.05 ICL-ISRAEL CHEMI Potassium sold in Europe for EUR 12 more per ton.
STRAUSS-ELITE LTD review options to issue NIS 300 - 500M in bonds.
26.01.05 HATEHOF LTD. The court order to enforce liens on all of company assets.
Elbit Systems Awarded  New Contract by Gulfstream Estimated At $20 Million.
25.01.05 ZEEVI COMPUTERS  In Liquidation: Request the court to approve settlement to sell 766,522 
shares to World Group Ltd. Payment to creditors no > 25%
AUDIOCODES LTD 2004 income: $ 82,756K, net profit (loss): $ 5,006K
24.01.05 SPECTRONIX LTD Sell knowledge to a Japanese company for $ 600K. And selling rights.
I.D.B. Investments At this time, no decision was made to sell holdings in Cellcom Ltd.
I.D.B. Holdings will pale a bid in Bezeq Telecommunication.
23.1.05 Dor Chemicals Chairman suspend himself after receiving EUR 527K.
Salt Industries Real estate benefit estimated in NIS 100M
20.01.05 IL Discount Bank State of IL Asserts lower price to NIS 1.3Bn
IL Central Bank New governor Dr. Stanly Fisher from Citibank.
19.01.05 RETALIX LTD Purchase the remaining 49% of UNIT S.p.A. for EUR 2.8M
DEGEM SYSTEMS Mr. Israel Asher -CEO was convicted in using inside information.
18.01.05 United Mizrahi Maybe requested to resubmit an accurate financial reports for 11Q to 3Q
ARYT INDUSTRIES New order for detonation system for NIS 1.7M.
17.01.05 Sharm Podim Mr. Strauss and Ms. Ben Dror cancelled their agreement with Mr. Klener.
16.01.05 VITA-GALILEE FRUIT  Agreement to process potatoes for Tapoup for NIS 5.2M
DARBAN INVESTMENTS  Negotiation to purchase assets in Canada for C$ 28M and in Germany
for EUR. 30M.
BRILL SHOE  Defense Office expected to submit a new order for NIS 20M
13.01.05 Israeli Economic Inflation rate for 2004: 1.2%
TALDOR COMPUTER  Purchase SAP Wave Systems (2003) for NIS 8.1M in cash and shares.
State of IL Assets Negotiation continues with Mr. Bronfmann.
12.01.05 Shemen Negotiation to buy Heinz Israel assets.
IL Discount Bank On strike.
State of IL Assets At this time at NIS 1.1Bn for Israel Discount Bank (26%): No deal.
IL assets request NIS 1.5Bn. ( NIS 5.9Bn )
11.01.05 ELBIT SYSTEMS  Elbit Systems to Supply Imagery Intelligence Systems at a Total Value
of Over $100 Million
Osem Tivol will sell holdings in Of Tov for NIS 50M
10.01.05 ISSTA LINES LTD Merge Avivim into Histure.
BLUE SQUARE  Negotiation to buy 50% of Kfar Hashashuim Ltd.
09.01.05 Super-Sol New corporate restructure. Estimated investments: NIS 200M
Leumi Bank On 1.02.05 the board of directors will be ask to approve:
Dividend NIS 0.71  per share. Total of NIS 1,000,000,000
Record date:   ??
X date: 16/02/2005
Payment date:  28/02/2005
Retained earning after this dividend: NIS
06.01.05 Tempo Heineken International B.V  increase holding
Strauss Resign from Israel Discount Bank bids.
E. WARDINON LTD. A related Co. sell some of its holdings in an Hungarian Co. Holdings
will be decreased from 60% to 43%. Expected capital profit EUR 550K
WILLY-FOOD  G. Willy - Food International expected year 2004 income increase by 22%
05.01.05 A.T.X. Export Registered an additional expenses of NIS 590,000 for associated Co.
Retalix Will be holding a conference call to discuss results for the fourth quarter
and FY 2004 on Wednesday, February 16, 2005 at 10:30 AM EST
(7:30 AM PST and 17:30 Israeli Time).
04.01.05 Technomatix Purchase by UGS at $ 228M
Barkan Wine Tempo completed purchasing Barkan's shares.
03.01.05 Osem Established 3 new divisions as part of corporate restructure
Discount Investments An associeted company of Building and Assets Co. sign an agreement
to sell real-estate properties for NIS 249M.
Retalix Stime will present Retalix products in 3000 selling points.
02.01.05 Clal Industries Sold all holdings in Polgat for $ 35M. Net capital loss: $ 2.2M
Israel Salt New financial agreement with Leumi Bank.
H a p p y   N e w   Y e a r
30.12.04 Mendelson TASE suspend trading in Mendelson's shares. The Co. did not submit
balance sheets since 31/12/2003
POLYSACK Dividend NIS 0.45  per share. Total of NIS 6,000,000
Record date:   11/01/2005     
X date:   12/01/2005    
Payment date:  25/01/2005    
Retained earning after this dividend: NIS 1,844,000
Sano Israpaper will purchase Mr. S. Poplevski and Mr. R. Poplevski shares in
Nur Detergents and Nurpaper.
29.12.04 Polgat The Commissioner approved Polgat purchase by Birenbaum
Birenbaum The Commissioner approved Polgat purchase by Birenbaum
Maman Cargo Merger activities with Laufer
Retalix Sweetbay / Kash n’Karry a 103-store supermarket chain headquartered in
Tampa, Florida, a subsidiary of Delhaize America, has selected Retalix
StoreLine linux-based POS for rollout throughout its Florida stores.
Packer Dividend NIS 14.3  per share. Total of NIS 13,297,456  
Record date:  10/01/2005    
X date:  11/01/2005   
Payment date:  27/01/2005   
Retained earning after this dividend: NIS 173,091,000 
27.12.04 Tadiran Comm. Koor Industries sell 32% of company's shares for $ 142M
26.12.04 Riboa Assts Request the court to approve capital decrease ( dividend ).
Kadmani 3Q 04 (9 months) income: NIS 1,457K net profit (loss): NIS (3,056K)
23.12.04 Nisko Toshiba cancelled a commissions agreement for M-System purchases.
Alony - Hetz Sold all holdings in Brickstone UK (BXTN) for ₤ 5.1M
World Group WorldGroup Consulting Inc. will purchase Taliant software LLP for NIS 14M
22.12.04 Fox - Wizel License agreement with RSH to open stores in Thailand and Indonesia
Kesher M.I.I. Purchase offer for Kesher Rent a Car at NIS 36 a share.
Beit Shemesh MTU will purchase blades for $ 50M in the next 7 years.
Retalix Drug Eleven (Japan) purchase retalix products for 169 stores.
21.12.04 Aryt Systems Will purchase 70% of Chilimad shares for $ 1.5M
Teva INCREASES REPURCHASE PROGRAM TO UP TO $600 MILLION OF
TEVA SECURITIES
Bril Solog Knitting Mills activity sold to Bril for ~ NIS 10M
20.12.04 D.C.L Sell its holding in D.C.L. Team for $ 450K
Lipman New order for $ 2.4M. From Bank Card.
19.12.04 Leumi Bank Dividend NIS 0.71  per share. Total of NIS 1,004,105,203
Record date:  15/02/2005    
X date: 16/02/2005   
Payment date:  28/02/2005   
Retained earning after this dividend: NIS 7,410,000,000 
Agis Industries FDA gave its final approval for Halobetasol ,Propionate Ointment, 0.05%
Walter Rosenthal Mr. Roni Rozenthal negotiate to sell his holdings.
16.12.04 Scope Metal Maalot rated NIS 80M bonds D as A1
Ace A receiver was appointed for shareholders assets.
Glaxco A receiver was appointed.
15.12.04 Retalix ALON USA is installing point-of-sale (POS) systems featuring
NCR technology running Retalix software solutions.
Properties & Build. Maalot rated co. bonds NIS 300M as AA
Malam A receiver was appointed for shareholders assets.
14.12.04 Hod-Metal Environment Office requested to stop all malting activities in the factory.
H&O Hamashbir Ministry of Defense will not renew the contract.
World Group World Group Shipping negotiate to purchase 3 bulk carrier for $ 6.5M
13.12.04 Darban Negotiation to purchase 81% of 7 real estate assets in Germany
valued at EUR 68M.
Elbit systems New contract from the Ministry of Defense for $ 200M
I.C.L Sold holdings in a Cayman island co. Estimated profit: $ 43.5M
The company was sold for $ 100.4M
12.12.04 Alony - Hetz Delays in dividend payment
Record date:  19/12/2004
X date: 20/12/2004
Payment date:  31/12/2004
P.C.B. Technology Dividend NIS 0.47  per share. Total of NIS 11,000,000  
Record date:  27/12/2004   
X date: 28/12/2004  
Payment date:  12/01/2005  
Retained earning after this dividend: NIS 606,000 
Israel Mendelson Dividend NIS 1.00 per share. Total of NIS 14,858,274  
Record date:  19/12/2004   
X date: 20/12/2004 
Payment date:  03/01/2005  
Retained earning after this dividend: NIS 40,449,000 
09.12.04 Delta Textile Purchase the American company Burlen for $ 47.9M and $ 2.29M in
shares.
Ormat Technologies New order for $ 16.9M
8.12.04 Osem Investments Dividend NIS 72.4304  per share. Total of NIS 70,000,000  
Record date:  13/12/2004  
X date: 14/12/2004 
Payment date:  26/12/2004 
Retained earning after this dividend: NIS 342,000,000 
N.I.A Metal 3Q 04 (9 months) income: NIS 27,750K, net profit (loss): NIS (6,093K)
IsrAir Submitted a lawsuit for NIS 8M against El Al.
I.D.B. Sold NIS 50M of Clal Insurance shares.
07.12.04 Masko Systems Requested "Stay of Proceeding" for NIS 12M debts.
Stock Coffee Requested "Stay of Proceeding" for NIS 21M debts.
Dun & Bradstreet D&B Submitted a NIS 3.5M lawsuit against BDI (Business Data Israel)
business data from Dun & Bradstreet data base.
06.12.04 Willy Food Willy Food International will purchase 51% an American food Co. for $ 4.5
05.12.04 A.F.S.K Ind. Dividend NIS 0.28295  per share. Total of NIS 10,000,000 
Record date: 15/12/2004 
X date: 16/12/2004 
Payment date:  16/12/2004 
02.12.04 Natour Merger with Discovery.
Kalanit 3Q 04 (3 months) income: NIS 17,965K, net profit (loss): NIS (5,904K)
Capital in deficit.
30.11.04 Maariv 3Q 04 (9 months) income: NIS 411,547K, net profit (loss): NIS 66,092K
Semicom Industries 3Q 04 (9 months) income: NIS 86,520K, net profit (loss): NIS 2,670K
Dafron 3Q 04 (9 months) income: NIS 52,208K, net profit (loss): NIS (2,798K)
29.11.04 Ofir Optronica 3Q 04 (9 months) income: NIS 113,509K, net profit (loss): NIS 6,334K
Ilex Medical 3Q 04 (9 months) income: NIS 97,394K, net profit (loss): NIS (5,844K)
28.11.04 Bezeq Additional NIS 320M may be approved by the minister as an investment
in D.B.S.
Hadarim Assets Purchase offer at NIS 80 per share
Ofir Tours 3Q 04 (9 months) income: NIS 215,264K, net profit (loss): NIS (2,762K)
Orbit - Alchut 3Q 04 (9 months) income: NIS 34,134K, net profit (loss): NIS 550K
Nisko Ind. 3Q 04 (9 months) income: NIS 612,450K, net profit (loss): NIS 12,661K
25.11.04 Tal Cables 3Q 04 (9 months) income: NIS 38K, net profit (loss): NIS  (81K)
El Al 3Q 04 (9 months) income: $ 1,040,238K, net profit (loss): $ 58,972K
Adumim Food 3Q 04 (9 months) income: NIS 15,488K, net profit (loss): NIS 683K
24.11.04 Omnitech 3Q 04 (9 months) income: NIS 177,334K, net profit (loss): NIS 2,350K
AudioCodes 3Q 04 (9 months) income: $ 57,515K, net profit (loss): $ 2,416K
Ormat Tech. 3Q 04 (9 months) income: $ 162,989K, net profit (loss): $ 13,042K
23.11.04 Knafaim 3Q 04 (9 months) income: $ 138,213K, net profit (loss): $ 3,489K
Issta Lines 3Q 04 (9 months) income: NIS 302,596K, net profit (loss): NIS 12,066K
World Group 3Q 04 (9 months) income: NIS 93,315K, net profit (loss): NIS 2,723K
22.11.04 Alvarion Today announced the receipt of orders from a new customer in Russia
to build eMGW™ networks providing broadband data and toll-quality voice
services to homes and small and medium-sized businesses in the 1.5GHz
frequency band.
New Orders Totaling Approximately $2 Million Received for Wireless Voice,
Data Networks From a Major Regional Operator
Electra 3Q 04 (9 months) income: NIS 2,537,524K, net profit (loss): NIS 60,546K
Dash 3Q 04 (9 months) income: NIS 42,639K, net profit (loss): NIS 4,105K
Maabarot 3Q 04 (9 months) income: NIS 203,103K, net profit (loss): NIS 11,253K
21.11.04 Tel Aviv Stock Ex. 50% of the TASE companies are at high commercial risk.
Semicom Semicom GP Hellas SA  is the sole distributor of GPI International
Ltd. For this contract Semicom paid $ 167K
Clal Industries 3Q 04 (9 months) income: NIS 2,724M, net profit (loss): NIS 300M
Hasin Esh 3Q 04 (9 months) income: NIS 36,384K, net profit (loss): NIS ( 839K )
Nisko Projects 3Q 04 (9 months) income: NIS 609,808K, net profit (loss): NIS 13,261K
Polygon 3Q 04 (9 months) income: NIS 1,097K, net profit (loss): NIS 943K
18.11.04 Pereg 3Q 04 (9 months) income: NIS 24,976K, net profit (loss): NIS (5,672K)
Oil Refineries 3Q 04 (9 months) net profit (loss): NIS 555M
Delek International 3Q 04 (9 months) income: NIS 245,536K, net profit (loss): NIS 43,617K
Ralco 3Q 04 (9 months) income: NIS 57,967K, net profit (loss): NIS 1,539K
17.11.04 Tower Semi. Layoff 170 employees.
Introducing a 0.16-micron optical shrink solution.
Clal Insurance 3Q 04 (9 months) income: NIS 465,815K, net profit (loss): NIS 350,646K
Delek Energy 3Q 04 (9 months) income: NIS 82,652K, net profit (loss): NIS 5,4905K
Investec Israel 3Q 04 (9 months) income: NIS 69.6M, net profit (loss): NIS (8.1M)
Strauss - Elite 3Q 04 (9 months) income: NIS 2,485,200K, net profit (loss): NIS 112,095K
16.11.04 Alony Hetz Sell assets in the UK for ₤ 219M. Capital profit ₤ 42M
Vulcan 3Q 04 (9 months) income: NIS 41,620K, net profit (loss): NIS 1,125K
Tefen 3Q 04 (9 months) income: NIS 70,595K, net profit (loss): NIS 3,290K
Elbit Systems 3Q 04 (9 months) income: $669,150K, net profit (loss): $37,746K
Ituran 3Q 04 (9 months) income: NIS 252,596K, net profit (loss): NIS 33,615K
Paz Hen 3Q 04 (9 months) income: NIS 375K, net profit (loss): NIS (291K)
15.11.04 Agis 3Q 04 (9 months) income: NIS 1,373,406K, net profit (loss): NIS 57,946K
Fox 3Q 04 (9 months) income: NIS 318,378K, net profit (loss): NIS 25,841K
Azorim 3Q 04 (9 months) income: NIS 520,487K, net profit (loss): NIS 48,371K
Agis Merger with Perrigi. Agis shares are valued at $ 818M
Agis will hold 23% of the new company.
14.11.04 Inspire May sell holdings in associated co. for NIS 16M.
Capital profit estimated at NIS 9.5M
Crystal Electronics 3Q 04 (9 months) income: NIS 194,975K, net profit (loss): NIS 8,844K
Transclal Dividend NIS 0.46542 per share. Total of NIS 4,700,000
Record date: 18/11/2004 
X date: 21/11/2004 
Payment date:  16/12/2004   
Tefron 3Q 04 (9 months) income: $138,165K, net profit (loss): $(2,728K)
Osem 3Q 04 (9 months) income: NIS 1,861,740K, net profit (loss): NIS 156,751K
11.11.04 Ormat Tech Inc. Offers 6,250,000 shares at $ 15 a share. Total expected income $ 93.750M
Ormat Industries expected capital profit: $ 54M
Delek Automotive Dividend NIS 2.00 per share. Total of NIS 163,200,000
Record date: 14/12/2004
X date: 15/12/2004
Payment date: 29/12/2004   
Delek Automotive 3Q 04 (9 months) income: NIS 2,980,264K, net profit (loss): NIS 205,467K
ECI 3Q 04 (9 months) income: $ 128M, net profit (loss): $ 6M
Ham - Let 3Q 04 (9 months) income: $ 31,679K, net profit (loss): $ 4,657K
Gold Bond 3Q 04 (9 months) income: NIS 41,266K, net profit (loss): NIS 6,377K
Hadera Paper 3Q 04 (9 months) income: NIS 358,316K, net profit (loss): NIS 57,023K
10.11.04 Delta Galil 3Q 04 (9 months) income: $ 487,067K, net profit (loss): $ 12,870K
Mitronics 3Q 04 (9 months) income: NIS 130,128K, net profit (loss): NIS 29,531K
Israel Corp. Zim will sell one ship for $ 35M
One Software 3Q 04 (9 months) income: NIS 111,583K, net profit (loss): NIS 9,259K
09.11.04 State of Israel Government deficit for Oct. 2004: $ 190M
Since Jan 2004: $ 2.54Bn.
RoboGroup 3Q 04 (9 months) income: NIS 41,682K, net profit (loss): NIS (6,412K)
International Morta 3Q 04 (9 months) income: NIS 75.4M, net profit (loss): NIS 38.5M
Hadarim Assets 3Q 04 (9 months) income: NIS 86,180K, net profit (loss): NIS (27,654K)
08.11.04 Elbit Systems Elbit Systems Awarded 300 Million Dollar Contract to Supply Airborne and 
Command and Control Systems.
Makhteshim Agan 3Q 04 (9 months) income: $ 1,129,321K, net profit (loss): $ 123,032K
EBITDA $ 243.5M (21.6%)
Knafaim Dividend NIS 3.55 per share. Total of NIS 51,302,353
Record date: 21/11/2004
X date: 22/11/2004
Payment date: 05/12/2004  
One System Integ. 3Q 04 (9 months) income: NIS 114,483K, net profit (loss): NIS (2,065K)
Scitex Corp. 3Q 04 (3 months) income: $ 32,671K, net profit (loss): $ 2,270K
A-Online Capital 3Q 04 (9 months) income: NIS 17,278,451, net profit (loss): NIS 4,537,901
07.11.04 First International Received all the requested permits in Israel and abroad to purchase
Investec Bank.
Car & Go The company is insolvent. A temporary liquidator was assign todays for
Car & Go parent Co. ( Splendid ).
Maalot rated Car & Go bonds as AA until yesterday. (D).
Univecol 3Q 04 (3 months) income: NIS 180,264K, net profit (loss): NIS 4,232K
Suny Electronic 3Q 04 (3 months) income: NIS 568,214K, net profit (loss): NIS 88,045K
04.11.04 Pelephone 3Q 04 (3 months) income: NIS 213,447K, net profit (loss): NIS 34,537K
D.B.S. - Yes. 3Q 04 (3 months) income: NIS 268,680K, net profit (loss): NIS (71,867K)
Bezeq 3Q 04 (9 months) income: NIS 6,494M, net profit (loss): NIS 516,873K
03.11.04 Hatehof Cooperation with RAFAEL to manufacture a light armor vehicle for the
IDF. Estimated income: $ 700,000.
Mafil Joseph Zwiliger Holdings and Jacob Shahar Holding will purchase
Mr. Uriel Zwiliger and his company's holdings in Mafil.
Alvarion 3Q 04 (3 months) income: $ 52.2M, net profit (loss): $ 4.4M
Mehadrin 3Q 04 (9 months) income: NIS 285,409K, net profit (loss): NIS 10,508K
02.11.04 Mendelson Dividend NIS 0.74 per share. Total of NIS 10,995,123
Record date: 10/11/2004  
X date: 11/11/2004  
Payment date: 25/11/2004  
Walla Communication 3Q 04 (9 months) income: NIS 33,185K, net profit (loss): NIS 2,802K
Israel Discount Bank American company Agroquest submitted a $ 350M lawsuit.
01.11.04 Sunfrost 3Q 04 (3 months) income: NIS 69,721K, net profit (loss): NIS 6,393K
M.T.I. Computers 3Q 04 (3 months) income: NIS 13,513K, net profit (loss): NIS 150K
Orckit Comm. 3Q 04 (3 months) income: $ 2,699K, net profit (loss): $ (17,211K)
AudioCodes Ltd. NEC Selects AudioCodes Mediant™ 2000 CPE Media Gateway Family 
for Next Generation VoIP Networks.
Statistics 08-09/04 08-09/2004: Export (diamond not included): - 3% ( annual ).
Raw materials import: + 3%
Import of industrial investment products:  + 12%
Unemployment on 8/2004: 10.7%
Consumer index ( 05-08/2004 ): + 1.2%
High Tech Industry: + 9% ( annual ).
Trading deficit for 09/2004: $ 320.8M ( $ 3.8Bn annually )
Scop 3Q 04 (3 months) income: NIS 136,659K, net profit (loss): NIS 14,712K
Magal 3Q 04 (3 months) income: $ 15,271K, net profit (loss): $ 663K
31.10.04 FMS Enterprises Dividend NIS 3.00 per share. Total of NIS 27,584,808 
Record date: 10/11/2004  
X date: 11/11/2004  
Payment date: 25/11/2004   
FMS Enterprises 3Q 04 income: NIS 99,004K, net profit (loss): NIS 28,028K
Merhav 3Q 04 income: NIS 60,191K, net profit (loss): NIS 4,062K
Ashot Ashkelon New contract from the Ministry of Defense for NIS 67M.
New Kopel 3Q 04 income: NIS 179,666K, net profit (loss): NIS 15,687K
Teldor Computer Sys. Negotiation to purchase Leadcom activity for NIS 9M.
World Group World Group Shipping purchase a bulk carrier ship for $ 4.2M.
28.10.04 I.D.B. Holdings Will attempt to buy Bezeq Communication via privatization process.
State of Israel Issued bond for 20 year (US guarantee) for $ 750,000,000
Fundtech 3Q 04 income: $ 14,205K, net profit (loss): $ 710
Jacada 3Q 04 income: $ 4,898K, net profit (loss): $ (1,072K)
27.10.04 Metalink 3Q 04 income: $ 5,095K, net profit (loss): $ (3,470K)
Teva Announced today that the U.S. Food and Drug Administration has granted
tentative approval for the Company’s ANDA for Finasteride Tablets
USP, 5 mg.
26.10.04 Shopping.com Issued in Wall street ( NASDAQ ) for $ 18 a share, total of $ 124M
Mind C.T.I. 3Q 04 income: $ 4,602K, net profit: $ 1,809K
AudioCodes 3Q 04 income: $ 23,080K, net profit: $ 1,620K
Lipman Electronic 3Q 04 income: $ 44,500K, net profit: $ 9,600K
25.10.04 Nisko Industries Ipoint will allocate 27% of its shares to an american investor and an
american investment firm for $ 2M.
Magal Security New orders for $ 4.5M for perimeter security systems.
Radware 3Q 04 income: $ 14,014K, net profit: $ 1,850K
Retalix Casey's General Stores has selected Retalix PocketOffice suite of mobile
applications for a company-wide implementation, as an additional sub-
system of the Retalix StorePoint solution suite already chain-wide
StorePoint rollout, already implemented in 700 of its sites, and intends to
deploy RPO in all of its 1,350 stores.
Kafrit Will repurchase NIS 500,000 of its shares.
Polgat ( Bagir ) Guney  Polgat: A local bank started a debt collection process against the
Turkish partner . This bank is also the main financing bank to the Co.
Bagir's investments in this co, as for 30.06.2004: $ 17M
For news 03.05.2004 - 24.10.2004 click here.
For news before 03.05.2004 click here.
Copyright © 2004 I.B.D.C. All rights reserved 
I.B.D.C. is not responsible for the information 
published in this news page.
We strongly recommend to verify any information
before making / avoiding any type of action.