calcalist.co.il (nprofile…m2lw)
✍️ The Israeli company "Raviv Nofei" has requested a court injunction to prevent the liquidation of its assets, citing financial difficulties and a need for a temporary stay to restructure its operations.
👉 Raviv Nofei has requested a court injunction to prevent the liquidation of its assets
👉 The company is experiencing financial difficulties due to various external factors
👉 The company claims it has been profitable in the past, but has been facing significant losses in recent years
👉 The company is seeking to restructure its operations and develop a new business plan
#Israel #Haifa #business
quotingcalcalist.co.il (nprofile…m2lw)
nevent1q…l437
The company turned to the court in a request to appoint a trustee to manage it, and the court ordered the suspension of the legal proceedings. Among the reasons that led to the difficulties: the corona, the increase in maritime transportation costs, and the War of the Iron Harvest, which led to a slowdown in the pace of execution in the construction industry and a reduction in the scope of material purchases.
https://www.calcalist.co.il/local_news/article/b11ov9j0je