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Latest Kibbutzim Stories

2009-12-10 07:30:00

YEHUD, Israel, December 10 /PRNewswire-FirstCall/ -- Magal S3 (NASDAQ GM: MAGS); today announced that it has sold the European subsidiary which it acquired in September 2007. This follows a resolution by Magal's Board of Directors to discontinue the operations of the European integration subsidiary, in November 2009. Following the sale, the net cash in the company will increase by over $5 million. About Magal S3: Magal S3 is a leading international solution provider, in the...

2009-12-07 08:26:00

YAHUD, Israel, December 7 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced the appointment of Mr. Ilan Ovadia as its new Senior Vice President, Chief Financial Officer and Secretary and Mr. Israel (Relik) Shafir as its Senior Vice President of Business Development. Mr. Ovadia will replace Mr. Zev Morgenstern that has advised the Company of his resignation for personal reasons, effective as of March 1, 2010. Mr. Morgenstern will stay...

2009-11-24 09:22:00

YAHUD, Israel, November 24 /PRNewswire-FirstCall/ -- Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its third quarter 2009 results on November 30, 2009. The Company will hold an investors' conference call on the same day, at 9:00am EST. Investors' Conference Call Information: To participate, please call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before the conference call commences. If...

2009-06-03 06:56:00

YAHUD, Israel, June 3 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS; TASE: MAGS) today announced that Mr. Eitan Livneh has been appointed by the Board of Directors as President and CEO, commencing August 2, 2009. Mr. Livneh will replace Mr. Yoav Stern, who is working in the capacity of Acting President and CEO of Magal during the interim period following the departure of the Company's former CEO. Mr. Livneh joins Magal from Tadiran Telecom Ltd., a leading...

2009-05-11 08:01:00

KIBBUTZ SHAMIR, Israel, May 11 /PRNewswire-FirstCall/ -- Shamir Optical Industry Ltd. (Nasdaq: SHMR) (the "Company") a leading provider of innovative products and technology to the ophthalmic lens market, today announced that the Company received a letter on May 7, 2009 from the Nasdaq Stock Market notifying the Company that it does not meet the independent director and audit committee composition requirements for continued listing on the Nasdaq Stock Market under Listing Rules 5605(b)(1) and...

2009-04-30 12:00:00

KIBBUTZ SHAMIR, Israel, April 30 /PRNewswire-FirstCall/ -- Shamir Optical Industry Ltd. (Nasdaq: SHMR) ("Shamir"), a leading provider of innovative products and technology to the ophthalmic lens market, today announced that it has appointed Mr. Amos Netzer, age 53, as its new chief executive officer, replacing Mr. Eyal Hayardeny who has resigned from the position. The appointment of Mr. Netzer will become effective on July 1, 2009. Mr. Netzer currently serves as the chief executive officer...

2009-04-16 04:52:00

YAHUD, Israel, April 16 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS; TASE: MAGS), today announced that Mr. Hagai Katz has joined the Company as General Manager of the Magal Israel Division, and will be reporting directly to Yoav Stern, Acting President & CEO. Mr. Katz will also act as the Corporate VP of Marketing & Products. Prior to his appointment and from 2007, Mr. Katz served as the CEO of Transtech Airport Solutions Ltd. From 2004, Mr. Katz...

2009-04-07 09:02:00

KIBBUTZ SHAMIR, Israel, April 7 /PRNewswire-FirstCall/ -- Shamir Optical Industry Ltd. (Nasdaq: SHMR) (the "Company") a leading provider of innovative products and technology to the ophthalmic lens market, today announced that the Company received a letter from the Nasdaq Stock Market indicating that the Company no longer complies with the audit committee composition requirements as set forth in Marketplace Rule 4350, which requires a listed company to have an audit committee of at least...

2009-03-12 13:29:00

KIBBUTZ SHAMIR, Israel, March 12 /PRNewswire-FirstCall/ -- Shamir Optical Industry Ltd. (Nasdaq: SHMR) ("Shamir") expects to issue its fourth quarter and year end 2008 earnings results on Wednesday, March 18, 2009, and has scheduled a conference call to discuss the results at 10:00 A.M. EDT that morning. The conference call will be broadcast live as a listen-only webcast. To listen live, please go to www.kcsa.com approximately five minutes before the conference call is scheduled to begin....

2009-03-03 06:00:00

TEL AVIV, Israel, March 3 /PRNewswire/ -- Netafim, the world's leading company in providing smart water solutions for agriculture, through its Peruvian subsidiary, has entered into an EPC agreement with Maple, under which Netafim will provide engineering, procurement and construction of a drip irrigation system and become the exclusive supplier of smart irrigation solutions for Maple's sugar cane project to be constructed and operated in Peru. The project, spanning close to 8,000 hectares...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.