By Hertzel Laks
A year after missing the originally planned launch, Israel Shipyards is sailing toward flotation on the Tel Aviv Stock Exchange.
The company, which is owned by Shlomo Shmeltzer, Shlomi Fogel and Samy Katsav and managed by Avi Shahaf, owns a ship-building facility in Haifa, and a dock. Israel Shipyards filed a prospectus with the Israel Securities Authority a year ago, seeking to raise NIS 100 million at a company valuation of NIS 400 million, but the company missed the momentum in the marketplace and withdrew its offering. Now the market is red-hot again and the company is ready to set float
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