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Basic industries

FIMI CEO Ishay Davidi credit: Yonatan Bloom FIMI acquires joint control of Payton Industries

Israel's biggest private equity firm will jointly control the transformer manufacturer.

Strauss Group CEO Shai Babad  credit: Eyal Izhar Strauss Group's rocky road back

Once a beacon of stability, Strauss Group has gone from one crisis to another recently. Are its woes now behind? Not everyone is sure.

Yoel Zilberman  credit: Eyal Izhar Hashomer Hachadash, SparkIL launch emergency farm loans

Small farmers affected by the war will be able to obtain interest-free loans of up to NIS 100,000.

Are food price rises in Israel justified?

Not according to commodity price indexes, but the importers and manufacturers blame other factors, while on the consumer side there are calls for radical market restructuring.

Avi Zinger, CEO Ben & Jerry's Israel credit: Avi Rokach Ben & Jerry's Israel to build new factory

Ice cream manufacturer Ben & Jerry's will build a new plant in the Kiryat Gat new industrial zone.

Dr. Eran Blachinsky and Gali Yarom  credit: Nisan Haliva Israeli foodtech startup Better Juice teams with US co Ingredion

Better Juice has developed a process for reducing the sugar content of juices by 30-80% without compromising taste or nutritional value.

Strauss logistical center in Shoham  credit: Shutterstock/Igal Vaisman Strauss Group to hike prices, lay off 150 workers

Prices of a quarter of food company Strauss's products will rise from February, its fourth price hike in thirteen months.

Tamir Tuller and Eyal Afergan, ImaginDairy  credit: Eyal Izhar FDA approves ImaginDairy non-animal milk proteins

ImaginDairy is the third such company in the world to receive FDA approval, one of the others being fellow Israeli company Remilk.

Orange orchard near Gaza border  credit: Shutterstock Mehadrin financials show damage to Israeli agriculture

In fields near the Gaza border, trees are uprooted and irrigation systems wrecked, while a labor shortage threatens the citrus  and avocado harvests.

Burnt out avocado plantation in Misgav Am  credit; Ofer Moskovich Hezbollah fire blights northern border settlements

Farmers say this is a lost year, the state compensation fund looks inadequate, and the question arises: Will people return?

Burnt out avocado plantation in Misgav credit; Ofer Moskovich Israeli farming crisis spreads to the north

With farms in the Galilee and Golan under fire, produce cannot be harvested.

Rocket interceptions over farm in Eshkol Regional Council  credit: Reuters "75% of Israel's vegetables are from farms bordering Gaza"

Farmers in the Gaza Strip border region can't reach their crops, and complain of broken promises by the state.

Kfar Aza after the massacre credit: Reuters Ronen Zvulun Factories in Israel's south pick up the pieces

With staff murdered and employees scared to return to work, businesses in the region will struggle to survive.

Thyssenkrupp-Impact Labs credit: Omer Levy Thyssenkrupp, Impact Labs launch Israel 3D metal printing center

The Ministry of Economy and Industry, estimates that applying advanced 3D metal printing production technologies could increase industrial output by NIS 25 billion annually.

Giora Bardea  credit: Eyal Izhar Competition Authority warns Strauss of pending indictments

Food company Strauss Group, its former CEO Giora Bardea, and its CFO Ariel Chetrit, are alleged to have coordinated price rises with competitors though public statements.

Tadiran top executives credit: Ilan Lorenzi Tadiran Group to expand renewable energy activity

The company is building an aluminum factory to manufacture profiles for solar energy arrays and acquiring 70% of Arava BSS Building Skin Solutions.

Emilia fires 118, sells Yeruham plant for NIS 35m profit

The decision to liquidate Emilia's cosmetics activity was made last year due to ongoing losses, both in Israel and in the US.

Bezalel Smotrich credit: Yediot Ahronot Alex Kolomoysky Smotrich cancels duty on imported milk

Israel Dairy Council: The government chose to act unilaterally, and instead of supporting local production on the Golan Heights, it chose dairies in Poland.

Irit, Ofra, and Adi Strauss  credit: private collection Strauss family branches in Strauss Group share buyout

The children of Raya Strauss Ben Dror have sold their stakes in food company Strauss Group to the children of Raya’s late brother Michael Strauss.

Locally produced milk in Israeli store  credit: Eyal Izhar Smotrich proposes duty-free milk imports for three months

Israel is suffering a shortage of regular milk, a result of price controls at both the production and retail ends.

Strauss-Elite confectionary factory in Nof Hagalil  credit: Strauss PR Product recalls slash Strauss Group profit 90%

The Israeli food company posted a profit of just NIS 64 million for 2022.

Poultry on sale  credit: Tamar Matsafi Northern abattoirs warn of poultry shortage before Passover

The problem is the closure of a plant that treats brine resulting from the koshering process. Egg and Poultry Board: No shortage is expected.

Golan Heights Dairies  credit: Rafi Kutz Sanlakol buys Golan Heights Dairies

Golan Heights Dairies, which was in receivership, produces Shufersal's own-brand dairy products,

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