Israel Forms Govt. Company for Development of Atomic Energy
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Israel Forms Govt. Company for Development of Atomic Energy

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Israel announced here today the formation of a government company for the promotion of nuclear science, and development and exploitation of atomic energy for peaceful purposes. Incorporated at 40,000,000 pounds ($16,666,666), the firm’s founding shareholders include Prime Minister David Ben-Gurion, Finance Minister Levi Eshkol, and Deputy Minister of Defense Shimon Peres as representatives of the Government.

Other initial stockholders listed in the announcement are Abraham Zabarsky, chairman and managing director of the Workers’ Bank, Ltd.; Dr. Yeshayahu Foerder, board chairman of the Bank Leumi le-Israel; and several leaders of the parties that are partners in the coalition Government. Hillel Z. Dan, former director of Solel-Boneh, the construction and contracting arm of Histadrut–the Israel Federation of Labor–has been appointed manager of the new company.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund