Page 11 - Ulpan Or E-Tone(15-05-18) High Inter Level

E-Tone™: Ulpan-Or Weekly News Digest

Item #2 (High-Intermediate Level)

An Israeli Exit

Most people never heard of this company and don’t know what it does, but
it’s found in almost every home in Israel. The Israeli Frutarom company is

a company responsible for the flavor and scent of over seventy thousand

products in a hundred and fifty countries around the world. The state of
Israel’s first President, Professor Chaim Weizmann, established the

Frutarom company in nineteen thirty three, and today it makes one of the

biggest ‘exits’ in the history of Israel, an exit of seven billion and one
hundred million dollars. This is the biggest exit after Mobileye. Frutarom

promises that the company’s center will remain in Israel, but it’s
impossible to know what will happen when the company will no longer be

in Israeli hands.

Page 11 - Edition 05-15-18
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