Min s
Museum Company
Opens In Israel
2.9%
financing
up to 48
months
erusalem (JPFS) — The
Museum Company, spe-
cializing in selling licensed
reproductions of artworks
from some 200 museums around
the world, plans to open four
stores in Israel, the company
said.
The stores will be opened next
year in Tel Aviv, Herzliya, Haifa
and Jerusalem at a total invest-
ment of $2.5 million.
Each store will display about
1,000 items.
The company's deputy gener-
al manager, William Edwards,
is currently in Israel to examine
the local retail market and find
suitable locations for the stores.
During his visit, Mr. Edwards
j
Less Rinke Discount ....$3,100
Less Factory Incentive ..$2,500
Less Rinke Discount . . .$6,100
Less Factory Incentive . .$2,000
Telrad Industries
Wins Ghana Deal
erusalem (JPFS) — Telrad
Telecommunications and
. Electronic Industries, the
Lod-based manufacturer of
telecom equipment, has signed
a $15 million deal with Ghana's
telephone firm to provide switch-
board equipment.
According to the agreement,
Telrad will supply DMS-10 and
DMS-10 international switches.
General manager Bazalel
Levin said the deal is in line with
the company's efforts to increase
exports and expand activities
worldwide.
j
Less Rinke Discount ....$6,500
Less Factory' Incentive ..$2,500
plans to meet with local in-
vestors. Judith Shen Dar, gen-
eral manager of Shendarts, has
received the franchise to operate
the stores.
The Museum Company is the
largest chain in the world selling
licensed reproductions of artwork
from the collections of some of the
world's largest museums, in-
cluding the Metropolitan in New
York and the British Museum.
The company buys most of its
reproductions from small man-
ufacturers, who pay the muse-
urns a 5- to 15-percent royalty on
sales.
The chain has an annual sales
turnover of about $80 million.
The contract was signed as
the second part of an interna-
tional tender in which leading
telecommunication companies
like Siemens and Ericson took
part.
The agreement was signed be-
tween Levin; Stan Gisella, gen-
eral manager of Ghana's
telephone company; and Ubum
Makarai, a member of the board
of Ghana's telephone company.
Last month Ghana Telecom
awarded Motorola (Israel) a $10
million contract to upgrade its
phone system.
Power Plant Slated
For Ashkelon
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* Payments are all plus tax.
Additional Savings for current Cadillac
Lease customers of $1,000 to S1,500.
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••••• ■■ ..1 -4.• 4
1-696 AT VAN DYKE
erusalem (JPFS) — The
Israel Electric Corporation
began work on its $1.6 bil-
lion coal-fired power sta-
tion just south of Ashkelon.
Named after the founder of
Israel's original electric corpo-
ration, Rutenberg, the station
will comprise two units, each
capable of generating 550
megawatts of electricity.
The first of the generators is
expected to be operational by the
winter of 2000.
"This is the technological last
word; electricity that will be pro-
duced comparatively cheaply
and a station that is almost to-
tally free of environmental pol-
lution," Electric Corp. Chairman
Gad Ya'acobi said.
"The Electric Corp. is de-
manding that the infrastructure
development of the electricity
758-1800
If traveling lest on 1.696, exit homer, Win Service Drive to RINKE. If traveling east on 1.696, exit Van 1)}e;
take to second bridge past Van Dyke over expressway to RINKE
Open Mon. 7.9pm, Tues. 7.7 pm, Wed. 7-7 pm, Thurs. 7-9 pm, Fri. 7-6 pm
MASTER
DEALER
DEDICATED TO
EXCELLENCE
infrastructure market in Israel
become the fastest in the entire
Western world," managing di-
rector Rafi Peled said.
The existing Rutenberg sta-
tion has been the cause of con-
troversy between the Electric
Corp. and State Comptroller
Miriam Ben-Porat. The origi-
nal twin 550 MGW-unit power
plant was to be operational by
1986.
But only one unit was put
into operation in August 1990
and the second unit became op-
erational in November 1991.
Last year's State Comptrol-
ler's report criticized both the
Electric Corp. for not meeting
its deadlines, as well as the Elec-
tric Corp.'s board of directors for
not moving the project along
when it became stalled.
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