Israel Active

IronSource, one of Israel’s most successful web companies, is expanding to China. Over 100 million people a month use ironSource’s tech services, which will expand significantly as ironSource deploys its digital delivery technology in the world’s largest market.

Israel’s Ben Gurion International Airport has completed a 4-year, $1 billion runway upgrade. The new runway vastly expands airport capacity, allowing simultaneous take-off and landing. It supports the Open Skies program for increased destinations and lower airfares. The news coincided with the news that May’s passenger figures were 1.3 million - 13.8% more than May 2013.

(Thanks Atid-EDI) Israel’s On Track Innovations’ subsidiary PARX has signed a 20-year contract to help manage the parking operations for Elbasan, a city in central Albania. It will install PARX’s EasyPark system, which already operates in 45 Israeli cities.

Fitch gave as positive, Israel’s fiscal consolidation and narrowing of budget deficits. It also noted, "The start of gas production has caused a structural improvement in the balance of payments that will support continued current account surpluses.”

Israel’s ZUtA Labs has raised sufficient funds to complete the development of the tiny printer that you put it in your pocket (or bag, laptop case etc). You can still order one on kickstarter for shipping in January.

Israel’s Marimedia, a provider of solutions for optimizing for the sale of online advertising space, has just listed on London’s Alternative Investment Market (AIM). Other 2014 Israeli (or Israeli subsidiary) AIM listings include SafeCharge, Summit Germany, XLMedia and Bagir.

(Thanks to Herb) Hong Kong’s government recently arranged for 34 Hong Kong businessmen, investors, and entrepreneurs to visit Israel. Israel is Hong Kong’s second largest trading partner in the Middle East, and Hong Kong is Israel’s fifth largest trading partner in Asia.

In 2014 Israel’s Teva is launching Zecurity (migraine patch), Adasuve (inhalation powder to treat agitation in schizophrenia patients) and DuoResp Spiromax, (an inhaler). The combined peak sales of these products are estimated to be $1 billion. It also has 15 treatments in Phase III trials.

54 percent of Israel's plastic bottles were recycled in 2012, compared to 31.8% in the U.S. and 52.4% in OECD countries. 2013 data shows that Israel recycled 56% of its plastic bottles. 350 million bottles were recycled thanks to more than 20,000 recycling deposit stations.

A new route has been inaugurated for the export of Israeli goods to Asia and the Arab world from the Eilat port via Jordan’s Aqaba. Shipping times and costs to the Far East are less than those from Haifa and Ashdod, as it saves the need (and NIS 300,000 fees) to transit the Suez Canal.