Koor looks to improve agrochem
KOOR Industries, the Israeli holding company, plans to concentrate on improving performance at MA Industries, its generic agrochemicals business, in the next stage of its restructuring.
The unit has been hard hit by exposure to Latin American markets and particularly Brazil.
Net income at Koor climbed 26% during the first nine months of the year to Shk311m (US$73.4m), on revenues up 10% to Shk7.9bn.
- Koor sells two divisions for $200m, FWi, 14 June, 1999
- Restructuring holds back Koor, FWi, 25 May, 1999 1999
- No ag-chem joy for Israeli group, FWi, 26 March, 1999
- Financial Times 25/11/99 page 31 (News Digest)