Economic & Trade Department, Consulate General of Israel, Hong Kong Tel: (852) 2821 7509 Fax: (852) 2865 0220 2009 September Website of Israel Economic & Trade Department in HK Welcome to the September 2009 edition of the Israel Trade Newsletter. Business Opportunities New from this month! Seeking for business partner in Israel? The content of this edition includes: - the latest economic news from Israel; Full List - new business opportunities; and - More on the future events in Israel and Israel's participation in the upcoming trade fairs in Hong Kong. WATEC Israel 2009 The 5th International Water Technologies & Environmental Control Exhibition & the 2nd International Conference Tel-Aviv, Israel 17-19 November 2009 Please feel free to contact us for any assistance required. Sincerely yours, Winkie Lui Head of Economic and Trade Department Consulate General of Israel Hong Kong Israel Trade Newsletter is a e-publication of the Economic and Trade Department of the Consulate General of Israel in Hong Kong. Room 701, Admiralty Centre Tower II, 18 Harcourt Road Hong Kong Tel: (852) 2821 7509 Fax: (852) 2865 0220 Email: economy@hongkong.mfa.gov.il Table of Contents 1. 2. 4. 5. 6. Economic News Updates from Israel New Publications from Israel Upcoming Events in Hong Kong Upcoming Events in Israel Business Opportunities from Israel Cosmetics & Skin Care Environment Food General Medical Equipments Professional Services and Consulting Back 1. Economic News Updates from Israel ISRAELI PARLIAMENT APPROVES 2009 - 2010 BUDGET The Knesset in July passed a first time ever two year (2009-2010) budget. The budget will total 316.5 billion shekels ($82 billion) in 2009, with a budget deficit of 6% of the gross domestic product (GDP), and 321.5 billion shekels in 2010, with a deficit of 5.5% of GDP. A mandated 1.7% increase in annual government spending was raised by an additional 1.35% in both 2009 and 2010. The increase will revert to 1.7% in 2011. The two-year budget is expected to help bring the economy out of recession and at the same time, meet the country's social needs. To meet those ends, the Israeli government has embarked on a seven-year plan to gradually reduce income and corporate tax so as to attract more businesses to the country. Meanwhile industrial leaders throughout the world continue to frequent Israel's shores. In July, visitors to Israel included HP Chairman, CEO and President Mark Hurd, Dell Chairman and CEO Michael Dell, Oracle President and CFO Safra Catz, Microsoft Chief Software Architect Ray Ozzie, and AOL CEO Tim Armstrong. Source: Invest in Israel www.investinisrael.gov.il ISRAEL CHIEF SCIENTIST’S OFFICE LAUNCHES BIOTECH FUND Israel's Office of the Chief Scientist (OCS) at the Ministry of Industry, Trade and Labor announced its intention to establish a new Biotech Fund later this year to help boost growth in Israel's biotech sector. The fund aims to raise up to 1 billion shekels ($250 million), of which 250 million shekels will be provided by the Israeli government. According to the OCS the fund is greatly needed given the enormous undeveloped potential of Israel's biotech sector. Many creative ideas are never realized for lack of adequate financing. Israel is one of the countries with the most patents in biopharmaceuticals approved by the U.S. patent office, and Israeli universities are especially prominent as a source for patents approved in the U.S. About 8.5% of patents registered in Israel are in the field of biotechnology and a large percentage of PhD graduates work in fields relevant to the sector. Source: Invest in Israel www.investinisrael.gov.il DEUTSCHE BANK FORECASTS HIGHER GDP GROWTH FOR ISRAEL IN 2010 Analysts at Deutsche Bank revised their global economic growth forecast upward for the first time since the beginning of the global financial crisis, and predict that Israel's gross domestic product will grow 2% in 2010, after falling 1.1% in 2009. The Bank of Israel's 2010 forecast projects 1% economic growth Deutsche Bank in the same report also said it expects Israel's inflation, as measured by the Consumer Price Index (CPI), to rise 2.1% in 2009, but at a slower rate of 1.9% in 2010. Deutsche Bank analysts see global economic growth of 2.5% in 2010, compared with their previous estimate of 2% for that year. They noted that the higher global growth forecast is entirely based on stronger expected growth in industrial countries with two factors pushing in this direction - a better outlook for investment growth, and better export growth. Israeli industrial exports, excluding diamonds, rose 23% in June from May, while high-tech exports rose 25%. Source: Invest in Israel www.investinisrael.gov.il JERUSALEM RATED TOP TOURIST ATTRACTION According to the Travel + Leisure magazine Jerusalem is one of the world's most preferred destinations. In an annual poll of its online readers, the Israeli capital was ranked the 17th best tourist destination in the world, surpassing London, Paris, and Barcelona, three popular hubs which did not make it into the top 20. Among cities in the Middle East and Africa, Jerusalem ranked third behind Cape Town, South Africa, and Fez, Morocco. The Dead Sea, the lowest dry point on Earth at 420 meters below sea level, also gained special attention recently when it was chosen as one of 28 finalists in the natural world wonders contest; the original list included 261 sites. The Internet-based competition, which expects more than a billion people to participate in the online voting for the seven natural wonders of the world, will announce the finalists in 2011. Source: Invest in Israel www.investinisrael.gov.il PHARMA GIANT ROCHE TO STRENGTHEN R&D PIPELINE IN ISRAEL THROUGH PONTIFAX DEAL The collaboration will see both partners provide financial support and relevant expertise to young biotech and pharma companies in Israel. Swiss pharmaceutical giant F. Hoffmann–La Roche signed a deal with Israeli venture capital firm Pontifax Management Company for its first significant undertaking in the country to build up its R&D pipeline by way of investment in the Israeli life science industry. Pontifax will help Roche, one of the world's leading healthcare companies, identify and invest in Israeli biotech companies, with an initial focus on seed-stage and later-stage biotech firms in areas such as drug development, clinical trials, manufacturing, and marketing. Selected start-ups will be admitted to an incubator affiliated with Pontifax. The joint investment will complement funding through the incubator program of the Office of the Chief Scientist of the Ministry of Industry, Trade and Labor . In 2007, a delegation of Hoffman-La Roche executives visited 40 Israeli biotech companies and examined 47 academic research projects Roche, which was established in 1896, covers every stage of the healthcare process, from identifying disease susceptibilities and testing for disease in at-risk populations to prevention, diagnosis, therapy and treatment monitoring . Herzliya-based Pontifax specializes in investments in seed, early and mid stage companies, including startups . Despite the pressures of the global financial crisis, Roche joins several other international companies that have chosen to invest in the Israeli life science industry . In February, Medtronic Inc, the world's largest stand-alone maker of medical devices, agreed to buy the Netanya-based Israeli start-up Ventor Technologies, for $325 million in cash. Prior to that, Johnson & Johnson bought Omrix for $438 million and St. Jude acquired Haifa’s Mediguide for $300 million. Source: Invest in Israel www.investinisrael.gov.il MORGAN STANLEY CAPITAL DEVELOPED MARKET STATUS INTERNATIONAL UPGRADES ISRAEL TO Index compiler Morgan Stanley Capital International (MSCI) has reclassified Israel as a "developed market" from its current “emerging market” status. Israel's upgrade will take effect in May, 2010, when the MSCI Israel Index will be included in two of the most widely-tracked global equity benchmark indices, the MSCI World Index and the MSCI EAFE (Europe, Australasia, and Far East) Index, which only include developed markets. The reclassification of Israel, which had been anticipated by analysts, is expected to draw more investors into the country's equity markets, as many investors are only allowed to invest in developed markets. Source: Invest in Israel www.investinisrael.gov.il MICROSOFT RELEASES NEW ANTI-VIRUS PROGRAM MADE IN ISRAEL Software giant Microsoft in late June released the beta version of its free Security Essentials anti-virus program, which was designed completely by its Israeli R&D Group. The program is meant to gradually replace Microsoft’s current anti-virus offering, Windows Live OneCare. The new product will protect against viruses, spy ware, root kits and Trojans. Other software companies such as AVG and Avira also offer free anti-virus programs. Also in June, Microsoft bought Israel's 3DV Systems, a maker of three-dimensional video imaging, for $34 million. 3DV, which was partly owned by Elron Electronic Industries, develops virtual reality imaging technology for digital cameras that it sells, called ZCams. Its main target is the gaming market. Microsoft plans to use 3DV Systems' technology in its own gaming technology, such as in the Xbox 360. Microsoft’s Israel R&D center, which grew from 130 to 600 employees since its establishment 3 years ago and which Microsoft calls its third strategic development center in the world, outside of the US, plans to keep its Israeli worker complement at the present level, in spite of the financial downturn, said Microsoft Corporate Vice President and head of Israel R&D Moshe Lichtman. Source: Invest in Israel www.investinisrael.gov.il IDF-MADE ROBOT SNAKE GATHERS INFORMATION IN ROUGH TERRAIN The Israeli Defense Forces, which is the source of much local innovation, together with experts from the Technion-Israel Institute of Technology have created a robot snake that is capable of recording video and sound in the field. The tactical reconnaissance robot is two meters long and mimics the movements and appearance of real snakes, slithering around through caves, tunnels, cracks and buildings, while at the same time sending images and sound back wirelessly to a laptop computer, through which it is controlled. As it is able to bend its joints sufficiently to squeeze through very tight spaces, the new device could be especially useful in finding people buried under collapsed buildings. Though serpent-like robots have been under development since the 1970s, the robot snake created by the IDF is one of the most advanced of its kind and is the first one likely to be used in field applications. Source: Invest in Israel www.investinisrael.gov.il TEL AVIV STOCK EXCHANGE CONTINUES TO RISE IN 2009 Shares on the Tel Aviv Stock Exchange (TASE) were boosted, as a rally fueled by strong corporate earnings world-wide in late July drove leading indices back to levels last seen before the collapse of Lehman Brothers in September, 2008. In the course of the July rally, the Tel Aviv–traded blue chips rose 3.3% and the Tel Aviv 100 Index rose 3.2%. The blue-chip Tel Aviv 25 Index has so far risen 44% since January and is only 23% below its October 2007 all time high, while the TA-100, which is up 56% since January, remains 26% below its October 2007 high-water mark. Though the real estate index has fallen 31% in the last 12 months, it has so far increased 109% in 2009. Bank shares are down 14% from last year, but have climbed 57% in 2009 and the TelTech-15 is only off 5% over the past 12 months, while having gained 64% by late July. Source: Invest in Israel www.investinisrael.gov.il Tower wins large deal in Korea Tower Semiconductor will produce voltage regulator integrated circuits for TAEJIN Technology Adi Ben-Israel 31 Aug 09 14:38 Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) CEO Russell Ellwanger is in Korea on business, and it appears that he is succeeding. Tower reported another new contract with a customer in that country, its third new customer there since the appointment of Michael Song as Tower Korean Country Manager in the beginning of the year. The new customer, TAEJIN Technology, Co., Ltd., a supplier of linear and switching regulators for various consumer and mobile applications, chose Tower to manufacture its low power, high efficiency voltage regulator integrated circuits The financial value of the deal was not reported, but market estimates are that it is a large contract, which should yield revenue of several million dollars per year to Tower, beginning in 2011. Tower said that according to iSuppli, the multi-billion dollar voltage regulators market is expected to grow from $5 billion in 2009 to approximately $7 billion in 2013. TAEJIN markets power management products including linear and switching regulators, power supply controllers, and DC-DC converters. These devices are used in various consumer, computing, communication, and automotive products including xDSL, PCs, set- top boxes, LCD displays, GPS systems and other applications. TAEJIN's voltage regulator integrated circuits are integrated into products offered by many customers in Korea, Japan, and China, including LG, Sanyo, Panasonic, and JVC. TAEJIN Technology president and CEO Choi Tae Hyouk said, "We selected Tower as our specialty foundry partner as they are known to have the best record for first time success. We have worked with other foundries, but they could not meet our requirements for performance, price, customer service, and modeling accuracy." Tower shares fell 3.5% on the Tel Aviv Stock Exchange (TASE) by mid-afternoon. The company's shares closed on Nasdaq yesterday at $1.20, about double their closing price July 28. Tower's market cap on Nasdaq is $192 million. Published by Globes [online], Israel business news - www.globes-online.com - on August 31, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 Giza makes first Taiwan investment The venture capital firm participated in a funding project by a Taiwanese solar energy company. Shmulik Shelah 31 Aug 09 20:59 The contact between Giza Venture Capital and Taiwan until recently was in one direction there were Taiwanese investors who invested in its fund, or along with the fund in other Israeli companies. Now, the contacts go both ways. Giza participated in recent days in a $19.1 million funding project by Taiwanese solar energy company Danen Technology. Giza invested along with investors from Taiwan and elsewhere. Giza has a long history with Taiwan. Since 2001 it has maintained an office there, and Taiwan's National Development Fund invested in the Giza IV fund, which began in 2005. Danen develops solutions for photo-voltaic solar cells. Danen said it will use the additional capital to expand its capacity from 60MWp currently to 120MWp by the end of 2009. Giza said today that it was a relatively significant investment of several million dollars. Giza managing partner Ori Kirshner said, "It was an opportunity to combine Israeli technologies with this company." Giza executives added that the option did not refer only to companies in which Giza has already invested, but also in those companies in which it may invest in the future. Published by Globes [online], Israel business news - www.globes-online.com - on August 31, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 Mekorot, BDB invest in reverse osmosis co Rotec The start-up will run pilots at Mekorot desalination plants. Merav Ankori 5 Aug 09 17:59 Mekorot National Water Company and Israeli cleantech fund BDB Technologies & Hi-Tech Investments Ltd. will invest $200,000 in equal shares in Ashkelon Technological Industries (ATI) portfolio company Rotec Ltd. (Reverse Osmosis Technologies). The investment will enable Rotec to run pilots at Mekorot brackish water desalination plants. A successful pilot would serve as kind of standard for project with water companies around the world. Rotec is a joint venture with Ben Gurion University of the Negev, the University of Colorado, and the Hashemite University of Jordan. BDB invests in early-stage cleantech and life sciences start-ups. It was established by chairman Gil Deutsch, a co-founder and CEO of Excellence Investments Ltd. (TASE: EXCE), and CEO Avi Broder. Rotec is developing a system to improve reverse osmosis technology for desalination of brackish well water. In reverse osmosis, saline water is forced through membrane to remove the salts and other particles, which accumulate on the membranes, clogging them. Rotec is developing an ultrasonic sensor to detect this precipitation (known as scaling and bio-fouling) to boost the water recovery rate and reduce the need for pretreatment plants. Published by Globes [online], Israel business news - www.globes-online.com - on August 5, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 Tower jumps on Korean deal The Israeli foundry will supply Dongwoon Anatech with power management process technology for LEDs. 5 Aug 09 12:20 South Korean analog semiconductor provider Dongwoon Anatech Co. Ltd. has chosen speciality foundry Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) to be its sole manufacturing partner for high-volume, energy-saving LEDs for households and industry. Tower will supply its 20-60-volt LDMOS power management process technology which provides design optimization and the lowest die size at any given breakdown voltage. Financial details of the contract were not disclosed, but market sources estimate it to be worth several million dollars a year. Tower's share rose 17.3% on Nasdaq yesterday to $0.88, giving a market cap of $140 million. The share rose 18.1% by midday on the TASE today to NIS 3.79. This is the third contract the company has announced in the past month. It's share price has risen 700% so far this year. Dongwoon Anatech is expanding Korea to China, US, and Japan. Its major customers are Samsung Electronics Co. Ltd. (KRX: 005930) and Sony Corporation (NYSE: SNE; TSE:6758) to which it has shipped 155 million LED units since 2006. Samsung and Sony's set the technical standards for the LED lighting market. Tower cites report by iSuppli that LED lighting market growth is greater than overall semiconductor market in 2009. Tower also cites Strategies Unlimited as predicting that LED market will grow by 28% a year to over $5 billion in 2012. Dongwoon Anatech president and CEO Dong Cheol said, “We chose Tower’s power management platform for our LED lighting devices because it fully satisfied our requirements for quality, price, die size and best chance of design success." Published by Globes [online], Israel business news - www.globes-online.com - on August 5, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 Ceragon in multiyear Hutchison deal Ceragon's share price jumped 8.6% by midday on the Tel Aviv Stock Exchange. Adi Ben-Israel 15 Jul 09 12:39 Wireless backhaul solutions provider Ceragon Networks Ltd. (Nasdaq: CRNT; TASE:CRNT) has signed a multiyear global supply agreement with Hong Kong-based 3G telecommunications provider Hutchison 3 Group. The company did not disclose the size of the deal, but market sources estimate it at $5-10 million. Tel Aviv-based Ceragon will provide Hutchison with its next-generation high capacity Ethernet solutions to support Hutchison's network migration plans from TDM to IP, which will enable Hutchison to boost network capacity to meet the growing demand for data and multimedia services. Hutchison 3 Group, a unit of Hutchison Whampoa Ltd. (HKSE: 0018), has already launched commercial 3G services in Australia, Austria, Denmark, Hong Kong, Ireland, Israel, Italy, Sweden and the UK, and had more than 20 million 3G customers by March. Ceragon's share rose 1.5% on Nasdaq yesterday to $6.82, giving a market cap of $242 million. The share rose 8.6% by midday on the TASE to NIS 28.97. Published by Globes [online], Israel business news - www.globes-online.com - on July 15, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 Singapore co buys stake in Israeli real estate firm The Financial Levers shares bought are worth over NIS 342 million. Sharon Baider 14 Jul 09 10:49 Asian Service Trade Control Rte. Ltd. (ASTC) of Singapore will buy about 422.3 million shares of Israeli real estate company Financial Levers Ltd. (TASE:LVR).The stake sold by Financial Levers' controlling shareholders Jackie Ben-Zaken, former soccer player Haim Revivo, and Avraham Nanikashvili is for about NIS 342.2 million, at NIS 0.81 per share. The Singapore company will offset part of the sum against the balance of loans and accrued interest that ASTC made available to to Financial Levers. In addition ASTC will buy convertible debt from Nanikashvili worth NIS 932,700. At the same time, Financial Levers signed a third party investment agreement with Russian company Rostralos Enterprise Ltd., which will acquire shares worth NIS 31.7 million at the same prices as the ASTC deal. ASTC is led by a Swiss investor Markus Webber (a Singaporean resident). After the transaction, the Nanikashvili-led controlling group will own 45% of the shares in Financial Levers, and Markus Webber will also own 45%. The firm also merged the controlling shareholders' 75% stake in Ashdod's Star Center mall into the company. Published by Globes [online], Israel business news - www.globes-online.com - on July 14, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 Comverse systems deployed in Vietnam A new mobile operator in Vietnam has deployed a Comverse Technology billing system. Globes' correspondent 8 Jul 09 16:13 A new mobile operator in Vietnam has deployed a Comverse Technology Inc. (Pink Sheets: CMVT.PK) billing system. Comverse said today that GTEL Mobile has deployed the Comverse's ONE billing & active customer management solution, a converged billing system that will offer flexible billing models. Established last July, GTEL Mobile is a joint venture between Vietnam’s GTEL Corporation and VimpelCom (NYSE: VIP), a telecommunications services provider in Eastern Europe. GTEL Mobile is also using several Comverse value-added services, including SMS Center for text messaging, MMS Center for multimedia messaging, Messaging Gateway, Mobile Internet Gateway, Next-Generation Voicemail, Call Completion and Ringback Tone services. GTEL Mobile CEO Alexey Blyumin said that Comverse's presence in Vietnam and its track record of successful deployments of its billing solutions and value-added services with other VimpelCom affiliates were key factors in GTEL's decision. GTEL Mobile will use “Beeline VN” as the brand-name to launch in the Vietnamese telecommunications market. Shares in Comverse closed yesterday at $8.40. Published by Globes [online], Israel business news - www.globes-online.com - on July 8, 2009 © Copyright of Globes Publisher Itonut (1983) Ltd. 2009 2. New Publications from Israel Israel’s Economic Highlights – 2nd & 3rd Quarter 2009 by Israel’s Ministry of Finance Tel-Aviv Stock Exchange Newsletter Invest in Israel Invest in Israel – Where Breakthroughs Happen Invest in Israel Brochure Guide: Starting a Business in Israel Guide: Investment Incentives and Benefits Israel – a Global Resilient Economy Water – The Israeli Experience Life Sciences in Israel Water Technologies in Israel Communications in Israel Israel’s Competitive Edge Israel’s Competitive Edge in Life Sciences World Economic Forum Special Report – Israel: Factors in the Emergence of an ICT Powerhouse Investment Newsletter 2008 Edition The Federation of Israeli Chambers of Commerce Newsletter For extracts of newsletter or information about the Federation, please visit www.chamber.org.il/english To subscribe, please go to http://www.chamber.org.il/english/Subscribe/Subscribe.asp The Israel Export & International Cooperation Institute has published the following updated e-newsletter: > Israeli Agrotechnology Newsletter Issue No.14 > Israeli Automotive & Subcontracting Industry Newsletter Issue No.7 > Israeli Environmental Technologies Newsletter Issue No. 148 > Israeli Electronics Newsletter Issue No. 11 > Israeli Food & Beverage Newsletter Issue No. 1 > Israeli Life Science Industry Newsletter Issue No. 16 > Israeli Packaging & Plastics Newsletter Issue No. 4 > Israeli Safety & Security Newsletter Issue No.5 > Israeli Software Newsletter Issue No. 17 > Israeli Telecommunication Newsletter Issue No. 19 > International Projects Newsletter Issue No. 30 > Israeli Construction Industry Newsletter Issue No.11 Back 3. Upcoming Events in Hong Kong Sept 21-27 The September Hong Kong Jewellery & Watch Fair 2009will be held on 21-25 September 2009 at the Asia World Expo and 23-27 September 2009 at the Hong Kong Convention & Exhibition Centre. 95 Israeli Diamond & Jewellery companies will be exhibiting in the show. For a list of companies, please contact us. Monday – Sunday Save the Date!!! Nov 11-13 Wednesday - Friday Save the Date!!! Nov / Dec 30 - 5 Monday - Saturday Save the Date!!! Dec 3-5 Cosmoprof Asia 2009– will be held on 11-13 November 2009 at the Hong Kong Convention and Exhibition Centre. This event is the largest and most prestigious international beauty trade event in Asia where Beauty meets Business. A three-day forum encompassing the exhibition, conferences, seminars and shows will devote to all the product categories of beauty. Israeli Cosmetics & Skin Care Companies will be exhibiting in the show. For a list of companies, please contact us. Business of Design Week (BoDW) 2009 - will be held on 30 November - 5 December 2009 at Hong Kong Convention & Exhibition Centre. BODW is Asia’s leading international conference dedicated to design, brand and innovation. Uniquely focused on the intricate relationship between business and design, BODW is an international platform for designers, experts and entrepreneurs to network and share ideas, and an essential introduction to design for students and the public. The Consulate General of Israel is an organizing supporter of this event. World SME Expo 2009 - will be held on 3-5 December 2009 at Hong Kong Convention & Exhibition Centre. The exhibition will provide a platform for SME service providers to showcase their services and business solutions and explore international market. Thursday - Saturday Back 4. Upcoming Events in Israel NOV 17-19 Tuesday - Thursday WATEC Israel 2009 – The 5th International Water & Environmental Technology Week - will be held between 1719 November in Tel-Aviv, Israel The event will showcase the state-of-the-art technologies relevant to the Israeli and international environmental industries in such fields as water technologies, reduction of environmental nuisances, alternative energy, energy efficiency, water quality, desalination and water supply etc. A comprehensive conference will be held concurrently with the exhibition. WATEC Israel 2009 is an ideal platform for Hong Kong Water & Environmental industry players to establish strategic partnerships, meet with potential customers and explore business opportunities. The Hong Kong Trade Development Council, Trade Department of the Consulate General of Israel and Hong Kong Association of Energy Service Companies is coorganizing a Hong Kong Environmental Business Mission to the Exhibition. For registration and more Information, please contact us. Back 6. Business Opportunities from Israel Cosmetics & Skin Care Moraz Medical Herbs Ltd. Contact: Ms. Keren Golan Business Development Manager Tel: 972-3-686 8749 Fax: 972-3-685 4440 E-mail: kereng@moraz.co.il Website: www.moraz.co.il • Field: Pharamedical Skin Treatments & Cosmetics • Seeking: Distributors •About: Specializes in the development and production of pharamedical skin treatments & cosmetics that are based on extracts of medical herb. **The company will be exhibiting in the Cosmoprof Asia Expo 2009 – Booth No: J1C – Hall 1 at the HKCEC and would like to meet with the potential distributors during the expo (11-13 November). For more information & Meetings arrangement, please contact us. Minus 417 (-417) Dead Sea Cosmetics Ltd. Contact: Mr. Moty Freeman / Ms. Yossefa Gal Tel: 972-3-677 4449 Fax: 972-3-678 0875 E-mail: moty@minus417.com Website: www.minus417.com • Field: Cosmetics and Toiletries • Seeking: Importers / Distributors •About: Specializes in producing of skin care, cosmetic health products from the Dead Sea. **The company will be exhibiting in the Cosmoprof Asia Expo 2009 at the HKCEC and would like to meet with the potential distributors during the expo (11-13 November). For more information & Meetings arrangement, please contact us. Environment Nirosoft Industries Ltd. Contact: Mr. Myriam Lichter Tel: 972-4-988 3311 Fax: 972-4-988 3313 E-mail: myriam@nirosoft.com Website: www.nirosoft.com • Field: Water & Waste Water Treatment • Seeking: Agents •About: Specializes in design, manufacturer of water & waste water treatment technologies. Amcor Solar Energies Ltd. Contact: Mr. Bezalel Gleiser Tel: 972-8-865 1444 Fax: 972-8-865 1333 E-mail: bezalel@amcor-solar.co.il Website: www.amcor-solar.co.il • Field: Solar Energies • Seeking: Agents / Distributors •About: Specializes in design, develop and manufacturer of Solar and Electrical Heating System for domestic and industrial usage. Food Oranim Trade Ltd. Contact: Mr. Doron Aprahimi Tel: 972-3-616 0234 Fax: 972-3-616 0233 E-mail: oranim-1@bezeqint.net • Field: Kosher Candies and Kosher Foods • Seeking: Importers •About: Specializes in various kinds of kosher candies and kosher foods such as chocolate bars, biscuits, cakes, jelly candy, crackers etc. Bridge International Trade Contact: Mr. Razi Barshan Tel: 972-72-2999 898 Fax: 972-72-2999 177 E-mail: razianat@gmail.com / falfred094@gmail.com Website: www.aviv-ebc.co.il • Field: Food • Seeking: Manufactures / Exporters •About: Interested in importing of rice, maize oil, hummus, sugar etc. General Laserlink Ltd. Contact: Mr. Assaf Horovitz - CSO Tel: 972-8-942 6058 Fax: 972-8-942 2952 E-mail: assaf@laser-link.co.il Website: www.laser-link.co.il • Field: Digital Albums • Seeking: Importers / Distributors •About: Specializes in high quality photo paper digital albums (flush albums) equipment for the digital albums manufacturing process. Quick Photo Ltd. Contact: Mr. Maxim Liberman Tel: 972-3-9228 190 Fax: 972-3-9228 188 E-mail: qphoto-maxim@barak.net.il Website: www.quickphoto.co.il/dryfoto.html • Field: Dryfoto and Dryphone • Seeking: Importers •About: Specializes in manufacturing of Dryfoto and Dryphone that can be used underwater in the pool, at sea or in wet weather. Atrium Bitsuim Veyzum Ltd. Contact: Mr. Shai Rudelman Tel: 972-3-768 7057 Fax: 972-3-644 0799 E-mail: dc11@zahav.net.il Website: www.divani-center.co.il • Field: Upholstered Furnitures • Seeking: Manufacturers / Exporters •About: Interested in importing of upholstery furniture, such as armchairs, bookcases, as well as all kinds of living room furnitures. Medical Equipment AMS Medical Solutions Contact: Mr. Asher Mendel Tel: 972-3-936 2118 Fax: 972-3-908 8328 E-mail: asher@ams-medic.com Website: www.ams-medic.com • Field: Medical Equipments and consultants • Seeking: Clients •About: Specializes in professional consultancy in medical field; import & marketing various medical equipments. Professional Services & Consulting ELP Ltd. Contact: Mr. Eli Levy Tel: 972-2-678 0414 Fax: 972-2-678 0414 E-mail: eli@elptv.co.il Website: www.elptv.co.il • Field: Broadcast services • Seeking: Advertisements & Production companies •About: Specializes in broadcast services, movie production, filming and editing services and interactive content, for advertising films, documentary’s firms, drama films, internet and creative art films. NihulNeto Ltd. Contact: Mr. Ze’ev Hershkovitz Tel: 972-3-904 4488 Fax: 972-3-7254 813 E-mail: info@nihulneto.com Website: www.nihulneto.com • Field: Business Consultancy • Seeking: Clients •About: Specializes in CFO services on an outsourcing basis and business consulting services; Guiding companies seeking to penetrate the Israeli market; representing selected foreign companies in Israel in different areas and act as their representatives in Israel. Executive Business Translations Contact: Ms. Hilda Gur Tel: 972-52-272 6057 Fax: 972-3-5234 453 E-mail: hild@zahav.net.il • Field: Translations services • Seeking: Clients •About: Specializes in translations from Hebrew – English – Hebrew in the fields of legal, financial, commercial matters etc. Aviv Business Consulting Ltd. Contact: Mr. Erez Tel: 972-3-973 0755 Fax: 972-3-971 1962 E-mail: koret@aviv-ebc.co.il Website : www.aviv-ebc.co.il • Field: Business Consultancy • Seeking: Clients •About: Specializes in trade and project finance services. Ex-Pert Design & Production Ltd. Contact: Ms. Tzvika Nadler, CEO Tel: 972-74-7027 442 E-mail: tzvika@ex-pert.co.il Website : www.ex-pert.co.il • Field: Design & Production of international exhibition stands • Seeking: Clients •About: Specializes in design & production of international exhibition stands in various sectors, such as agriculture, food, homeland security and biotechnology etc. Back To subscribe to or unsubscribe from this newsletter, please write to info@hongkong.mfa.gov.il Visit the website of the Consulate General of Israel at http://hongkong.mfa.gov.il and the website of Israel Economic & Trade Department at www.israeltrade.gov.il/hongkong The Consulate General of Israel makes no warranties or endorsements regarding any statements, claims, opinions and or other content provided by the entities discussed herein, or of the entities themselves, and those entities are solely responsible for such content unless otherwise expressly indicated. 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