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I'N
DrIMOIT AMIE NEWS
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Jewish Business Exchange & Detroit Jewish News
present
PAUL HILLEGONDS
Memos
Andrea
Najer
Andrea Rosner Najer, has been
named assistant executive direc-
tor of Jewish Apartments &
Services. She will oversee the
daily management of the
Hechtman building and hold
administrative functions for the
Oak Park buildings.
Brad Lerner, a Troy-based prac-
ticing attorney, has been named
the 1998-1999 Robert R.
McCormick Tribune Legal
Fellow with the Reporters
Committee for Freedom of the
Press, which assists journalists in
arguing media cases before the
Supreme Court and advises acad-
emicians, state and federal agen-
cies and Congress on media law
issues.
Ricky Blumenstein, a member of
the board of directors of the
Detroit chapter of the American
Society for
Technion-
Israel
Institute of
Technology,
has been
selected to
participate
in the
Twenty-first
Century
Ricky Blumenstein Program,
designed to
train young men and women to
become leaders of the ATS in the
next millennium.
Service Corps of Retired
Executives will host a marketing
plan workshop 8:45 a.m.-1 p.m.
Tuesday, Sept. 22, at One Stop
Capital Shop, Detroit. To regis-
ter, call (313) 226-7947.
President of Detroit Renaissance
Delek Selling
Amisragas
GREAT CHALLENGES AND GREATER OPPORTUNITIES
Jerusalem (JPFS) — Delek, the Israel
Oil Corp., said it is conducting nego-
tiations on the sale of its 40 percent
stake in gas supplier Amisragas to for-
eign investors.
Amisragas, the American-Israeli Gas
Corporation, is jointly held by Delek
and the company's founders, the U.S.-
based Paradis family.
Sources close to the deal said that it
is expected to be completed based on
a price valuing the company at tens of
millions of dollars.
The deal is in line with the need
of Delek's main shareholder, Yitzhak
Tshuva, to raise cash by selling sub-
sidiaries, as he has to repay loans
taken for the completion of the
Delek deal.
Grow with Detroit. From cultural arts funding to community and real estate
development. Find out how your business can benefit by participating in one
of America's fastest growing urban areas.
Thursday, October 1, 1998 - 7:30 a.m.
SkylineClub
2000 Town Center, Ste. 2800, Southfield.
R.S.V.P. (248) 932-5797
Kosher Breakfast - $10 Charge for JBE Members
$20 Charge for Non-Members
MedSim Buys
U.S. Company
Jewish Business Exchange is Michigan's dedicated forum promoting networking and business development,
Jewish ethics and values and issues affecting Jewish interests and those of its surrounding communities.
Jerusalem (JPFS) — MedSim, a Kfar
Sava-based medical simulation tech-
nology company, announced that it
has acquired a U.S. company, Eagle
Simulation, for $2 million in cash and
options for purchase of shares in
MedSim.
The company said the move would
make it the world's largest supplier of
medical simulation products and ser-
vices.
Eagle, a pioneer in medical simula-
tion, was bought last year by the
MATCO Group. The purchase was
financed by shareholders in MedSim,
who as a result increased their stake in
MedSim.
Where business is done
Visit our website http://www.jbe.org
WHERE TO GO!
WHAT TO DO!
WHOM TO SEE?
Shekel Drop
Helps Exports
Jerusalem (JPFS) — The profitabili-
ty of Israeli industrial exports
improved in first half of the year,
largely due to a 2.7 percent real
depreciation of the shekel against
the dollar, an increase of 4.2 percent
in output per working hour, and a
1.8 percent drop in prices of import-
ed industrial inputs, according to a
study conducted by the Israel
Manufacturers Association.
However, the study, prepared by
the association's economics depart-
ment, said there was no growth in
industrial production in the second
quarter compared with first quarter.
Find out in this week's
JN Entertainment
section.
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9/18
1998
Detroit Jewish News
207