Koor Enterprises, Israel’s largest industrial complex, owned by Histadrut, increased its exports by 44 percent last year, from $271 million in 1979 to $390 million in 1980, despite the loss of Iran, which had been one of its major customers, according to managing director Naftali Blumenthal. During the heyday of Israel-Iran relations, that country took one-third of all Koor industrial exports. Blumenthal noted that the export component of Koor’s total sales had risen from 23 percent to 27 percent and should reach 30 percent this year.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
