Ofer Bloch News Today

The retail chain, controlled by the Salkind brothers' Electra Consumer Products, racked up huge losses in the first half year.

The proposed NIS 2.5 million special bonus has been replaced by a paid six-month "notice period."

Shufersal proposes a special bonus for chairperson Itzik Abercohen in lieu of payments he forwent when he stepped down as CEO.

Bloch said in the past that he would be able to work with any chairman except for Abercohen.

Leading stock Teva fell today, but Bank Leumi and Bank Hapoalim rose strongly to leave the Tel Aviv 35 Index ahead for the week.

Former CEO Itzik Abercohen is one of five new members voted on to the board of directors.

The Israeli supermarket chain's first quarter performance was also hit by the timing of the Passer holidays.

The startup and Israel's power corporation recently signed a technological collaboration agreement, and PrismaPower, which alerts to a range of faults on the power transmission system, will

The Israeli startup’s system alerts users to a range of incidents on the power transmission system and will be implemented on the Israel Electric Corporation’s grid

From the blog of Annabel Monaghan at The Times of Israel