• I'N DrIMOIT AMIE NEWS • 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. • „o 9/18 1998 Detroit Jewish News 207