Teva

The curse of being Israel's most valuable company

Tower's share price has jumped nearly 900% in the past five years, but less than 24 hours after reaching the top, the world's chip stocks plummeted, and Tower's share price tumbled 10.79%

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).
The logistics center of Teva Pharmaceutical Industries in Shoham

Mega deal: Teva acquires Emalex for approximately $900 million

Noam Zilbershtain, senior vice president and general manager, HP Indigo; Adi Soffer Teeni, CEO of Meta Israel, vice president and member of the EMEA leadership team; and Karin Mayer Rubinstein, CEO and president of IATI.

IATI CEOs Forum meets in Kiryat Gat to discuss multinational industry resilience

Amalia Adler-Waxman, Iris Gilboa, Yael Ashman, receiving the Keshet award for promoting gender equality in corporations, presented by Ilan Flato and Anat Pilzer-Somech at the Tel Aviv Stock Exchange.

Teva honored for gender equality as women reach 43% of senior management in Israel


Rivlin: Major local companies should stay in Israel

"Israel is poor in natural resources, but rich in human resources."

President Rivlin speaks at Ben Gurion Airport after the arrival of US President Donald Trump

Jerusalem's Teva turmoil

There are some 1,780 Jerusalemites employed at the city’s two branches of Teva, which for decades has been one of the country’s greatest industrial success stories.

Some 1,780 Jerusalemites are employed at the city’s two branches of Teva

Economy minister: Teva should earn its tax breaks

Teva has received some NIS 22 billion in tax breaks and grants over the past decade, without any conditions regarding layoffs in return.

Some 1,780 Jerusalemites are employed at the city’s two branches of Teva

Grapevine: Begin prize winner

In the early years of the state, Teva raised money on the newly established Tel Aviv Stock Exchange.

Malcolm Hoenlein speaks Monday night in Jerusalem after receiving the Menachem Begin Prize for Israel-Diaspora leadership

This week in 60 seconds: Netanyahu calls the UN a ‘house of lies’

Got a minute? Here's the week in review.

Jerusalem Post News

Teva CEO rejects Netanyahu plea to minimize layoffs, avoid closing Jerusalem plant

Outside the meeting, thousands of soon-to-be laid-off Teva employees demonstrated with their families.

Teva CEO KAre Schultz and ISraeli Prime Minister Benjamin Netanyahu

Teva’s lessons

Teva’s fall is tragic. But we should not learn the wrong lessons.

Teva Pharmaceutical Industries workers block a road during a demonstration near the facility in Neot Hovav, southern Israel December 17, 2017

Is Teva’s downfall pharma’s Lavi moment?

If done right, Israel could turn the Teva crisis from a misfortune into an opportunity.

Teva Pharmaceutical Industries workers block a road during a demonstration near the facility in Neot Hovav, southern Israel December 17, 2017

Netanyahu thanks United States for 'defending Israel's truth'

Prime Minister Benjamin Netanyahu said that American Vice President Pence is “a great friend of Israel and a great friend of Jerusalem.”

Israeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at the Prime Minister's office in Jerusalem.

Teva workers hole up in factories, workers strike en masse in solidarity

The Histadrut labor organization has called on workers across the country to power down machinery and walk out in protest of proposed cuts at Teva.

Israelis protest during a general strike in solidarity with Teva workers and other industrial workers across Israel in Ashdod, December 17, 2017