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Economy & Innovation - page 25

Cofix goes Russia

in Economy & Innovation

The Israeli coffee chain Cofix opened its first shop in Moscow – disrupting the coffee chain price range in the Russian capital. While Cofix sells coffee for 50 rubles, local top dog Starbucks charges 245 rubles for a cup of cappucchino, according to Bloomberg News. Cofix-founder Avi Katz states that ‘in Russia, it costs 20…

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Work hard, play hard

in Economy & Innovation

Israelis are well-known for their solution-oriented way of thinking. This holds true for the initiators of ‘Pub Hub’: they turn night bars into co-working spaces during the day. Offering some of the most affordable co-working spaces (NIS 500 per month or NIS 225 per week) with free coffee, Wifi and daily opening hours from 9am…

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Secrets of the Next Big Thing

in Economy & Innovation

The Israeli TV industry has been dominated by a few major successes like ‘Homeland’ and ‘Rising Star’. However, smaller productions in scripted and non-scripted formats are also competing successfully on the international market. Last September, Israel’s first TV formats conference took place in Jaffa, identifying Israeli key assets, their success rate and scouting for new…

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Snapshots of the Shekel-family

in Economy & Innovation

Yes, the Currency Department published their annual report for 2015, but this is not what caught our attention – it is the little side notes that make money matters interesting, for some even sexy. Fact is that the overall amount of currency increased to NIS 73 billion from NIS 63 billion (2014-2015). Lower interest rates…

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Start-up Success Stories

in Economy & Innovation

The Israeli start-up company NiniSpeech won this year’s Global Innovation Awards 2016 in Beijing. The Haifa-based company with their stutter solution competed against 21 other start-ups from all over the world. Another Israeli company made the second place: AerialGuard also received US $ 200,000 for their autonomous navigation system for unmanned aircrafts. It’s not the…

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