All Israel articles – Page 17
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Agrexco workers protest
Some 300 Agrexco employees have holed themselves up inside the beleaguered exporter’s Tel Aviv headquarters, according to Israeli press reports.
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Agrexco trustee wants worker cuts
Lack of cooperation cited as reason for Shlomo Nass to attempt to cut Agrexco's workforce and send others on unpaid leave
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Agrexco UK calls for customer patience
Agrexco UK’s general manager has appealed to the company’s customers for patience as court-appointed administrator Shlomo Ness at the Israeli parent company considers potential buyers for the beleaguered exporter.
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Positive signs for the future of Agrexco
EXCLUSIVE: Agrexco's court-appointed trustee Dr Shlomo Nass tells Eurofruit that group will soon be in hands of new investor
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David Bondi resigns as Agrexco CEO
Court-appointed trustee Shlomo Nass left to find buyer for troubled Israeli exporter before 20 July deadline
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David Bondi resigns as Agrexco CEO
David Bondi, chief executive of struggling Israeli fresh produce exporter Agrexco, has reportedly tendered his resignation in the wake of the company's recent debt crisis, just six months after taking on the role.
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Two week reprieve for Agrexco
Troubled Israeli fresh produce company Agrexco, which exports its fruit and vegetables under the Carmel brand, has been granted a two-week stay of proceedings by the Tel Aviv District Court.
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Agrexco given two-week reprieve
Court-appointed trustee confirms that Tel Aviv District Court has frozen proceedings at the Israeli fresh produce group until 20 July
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Treasury 'falls short' in Agrexco offer
The Israeli Ministry of Finance has offered financing of €500,000 to the troubled group, down on the recommended €1.75m
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Demonstrators call for Agrexco rescue cash
Some 300 workers from Israeli exporter Agrexco have demonstrated in Jerusalem demanding that the government injects around €15 million in rescue capital as the firm grapples with mounting losses and debts.
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Agrexco proposes debt restructuring
Company reportedly looking to offer creditors 10 per cent equity shareholdings as it looks to manage its debt payments
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Israel set for summer of strong supply
Israeli stonefruit, grapes and exotics are providing a welcome reminder of summer, even if UK temperatures aren’t quite living up to expectations. Doris Lee Butterworth reports
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Agrexco investors demand answers
Bondholders may demand immediate repayment of €32m of debt, according to a report in Israeli financial newspaper Globes
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Zim ups Asia-South America rate
The Israeli shipper cited current market conditions as it elects to increase freight rates between Asia and South America
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Agrexco faces tough financial test
Israeli exporter Agrexco revealed it made a loss of some Shk70m (€14.2m) during 2010 on turnover of Shk2.5bn (€508m).
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Agrexco faces up to tough financial test
Company announces losses of more than €14m for 2010 and commits to streamlining its operations at home and abroad
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Agrexco turns attention to plums
Israeli group's export season for Ben-Dor plums has commenced, with the campaign running through until November
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Israeli apricots come on stream
Agrexco has started the second phase of its stonefruit export campaign with the season's first offering of premium Carmel-branded apricots.
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Agrexco continues stonefruit campaign
Following the beginning of the peach and nectarine season, the Israeli group is now shipping its first apricots of the year
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Israeli grapes on their way
Israeli exporter Agrexco has announced the start of its grape campaign this week with first arrivals due in Europe on 25 May.