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April 17, 1992 - Image 45

Resource type:
Text
Publication:
The Detroit Jewish News, 1992-04-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

I BUSINESS 1

SPRING COLORS OF BENETTON.

Israeli Immigrants
Create New Products

Rehovot, Israel — When
electro-optics expert Dr.
Vladimir Vorobeichik arrived
in Israel, it didn't take him
long to find a job — as a
porter. But the Russian im-
migrant, who used to head a
large research group in Len-
ingrad (St. Petersburg), is now
working in his field again,
thanks to a new program set
up at Kiryat Weizmann, a
science-based industrial park
near the Weizmann Institute.
Dr. Vorobeichik and his
four-member team are the
brains behind the first project
of the "technological in-
cubator" company, located in
the Kiryat Weizmann in-
dustrial park, Nes Ziona. The
project, which was formed in
partnership with El-Op, a
Kiryat Weizmann electro-
optics firm, will be one of 10
companies to be established
in the framework of the "in-
cubator." All are intended to
tap the know-how of im-
migrant scientists in order to
create new products,
technologies and jobs.
The program, called the In-
cubator for Technological En-
trepreneurship — Kiryat
Weizmann, was launched by
the Yeda Research and
Development Co. Ltd., in col-
laboration with Africa-Israel
Investments Ltd., which
operates the park. The Weiz-

mann Institute was one of the
initiators of the idea.
"Our goal is to choose the
immigrant scientists with the
most promising proposals,
and provide them with
enough support to bring their
projects to a stage where they
will attract outside interest
and markets," explains Dr.
Shmuel Yerushalmi, general
manager of the Incubator
for Technological Entrepre-
neurship and a former
member of the Weizmann In-
stitute's Electronics Depart-
ment.
Dr. Vorobeichik's proposal
was recommended by El-Op
after a technical and
marketing review and was
selected from among 200
other submissions by a com-
mittee made up of Weizmann
Institute scientists, in-
dustrialists and members of
Africa-Israel Investments
Ltd. The optical device he is
developing should have a
large market.
Before 1989 Dr. Vorobeichik
headed an electro-optic
research group at Leningrad's
Optico Mechanical Organiza-
tion (LOMO), a respected in-
stitute of 22,000. Some 15
members of his group have
since immigrated to Israel.
Four have now joined him at
Kiryat Weizmann.

Detroit Bank Merger
Is Federation Forum Topic

"The Pending Merger Bet-
ween Manufacturers Bank
and Comerica and the Impact
on Our Local Community"
will be the topic of a Real
Estate Forum cocktail recep-
tion 5 p.m. April 30 at the
Skyline Club, 2000 Town
Center, Southfield. The
gathering is sponsored by the
Real Estate and Building
Trades Division of the Jewish
Federation of Metropolitan
Detroit.
The event, which is open to
people interested in issues
related to the professions and
the Jewish community, will
feature Stephen Luedecker,
first vice president of
Manufacturers Bank, N.A.
Brian Kott and Paul Zlotoff
chair the Real Estate Forum,
and Alan Singer and Levi
Smith are chairmen of the
Real Estate Division.
There will be no solicitation
of gifts for the Allied Jewish
Campaign. There is a charge
for the gathering, which in-

cludes hors d'oeuvres. For in-
formation, call Shelley Milin,
642-4260.

11.

1 IN BRIEF

RANDIE LEVIN has been
appointed assistant director
of the planning department of
the Jewish Federation of
Metropolitan Detroit. Pre-
viously, she was senior plan-
ning associate. •
DAVID FRANKS has joined
the firm of Levin, Levin,
Garvett and Dill, as an
associate attorney.
STEVEN D. SALLEN has
been named a shareholder at
the Southfield law firm, Mad-
din, Hauser, Wartell, Roth,
Heller and Pesses, P.C. Mr.
Sallen, who has been an
associate at the firm, will con-
tinue to concentrate on en-
vironmental and transac-
tional law, including real
estate, mergers and acquisi-
tions.

THE SPRING 1992 BENETTON AND SISLEY COLLECTIONS.

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953-0500

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737-3737

A



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THE DETROIT JEWISH NEWS

45

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