Military Review

Around privatization Israel Military Industries

14
A few weeks ago, the IMI board of directors of the Israeli military state concern approved a privatization plan for the company. Plans to privatize the military industry have for many years been on the economic agenda of the Israeli government. A meeting of the special board headed by Prime Minister Benjamin Netanyahu and with the participation of Finance Minister Yair Lapid, Defense Minister Moshe Yaalon and the head of the board of directors of IMI corporation Major General Udi Adam, was scheduled for mid-October, following which the plan should be finally approved at the highest level. government level.


The government of Israel has been trying to privatize IMI since the beginning of the 1990s. An attempt to privatize the company in 2005 failed because the employees themselves and the trade union of the workers strongly opposed this step. This time, the developers of the privatization plan held lengthy consultations with employees of the corporation and representatives of the National Federation of Labor (Histadrut), during which a consensus was reached on this issue.

The Israeli Defense Industry (IMI) concern was founded in 1933, 15 years before the proclamation of the State of Israel, and became the first arms manufacturer in the region. In the early years of the state, IMI played a crucial role for the survival of Israel in a hostile Arab environment, as it produced the necessary weapons for the army. Among the early achievements of IMI can be noted submachine gun "Uzi", which is still popular in many armies of the world to this day.

Today, IMI has about 3000 employees, and annual sales are approximately $ 600 million. The portfolio of already signed orders is estimated at $ 1.7 billion, however, for several years in a row, the IMI concern has suffered reach the 14 million mark per year. Almost 70% of IMI sales account for exports to countries such as Italy, France, Kazakhstan, South Korea, Vietnam and some African countries.


The main losses of IMI are due to the congestion of the asset structure, huge debts to the state and a large number of workers. If in the years when IMI military products were extremely necessary to maintain the country's defense capability, such a number of workers was necessary and justified, today this need does not exist.

According to the newspaper Haaretz, the privatization of IMI will solve the problems of the company's payroll. In addition, the plan provides for the write-off of corporation debts in the amount of 560 million. Also, under the 950 program, employees will go on early retirement, for which monetary compensation in the amount of 280 million is provided, and for employees who have been working for a long time corporations and planning to continue work after privatization, it is planned to create a fund in the amount of 250 million.

Among other things, the privatization plan provides for the creation of a new corporation on the basis of IMI. The functions of the new IMI will include all current business operations minus the debt burden that has hampered the company's activities in the past.

The most important part of the IMI privatization plan is the transfer of all capacities and plants from the expensive central region of the country (Ramat Hasharon) to the Negev desert. This step will significantly reduce the tax costs of the concern. The IMI relocation to the Negev is scheduled to be completed by 2020. The estimated IMI price will be 5.7 billion, but some of this money will go to workers' compensation and debt repayment.

As the press reports, the concern will be privatized as a whole, and not divided into several parts. An exception will be the secret department of Givon, which will be removed from the group of concern and transferred to the direct subordination of the Ministry of Defense.

2 October it became known that former Prime Minister Ehud Barak and his friend, an American businessman of Jewish origin Ira Rennert, are going to fight for the concern. The billionaire (according to Forbes, his fortune is approximately $ 5.5 billion) maintains good relations with the current head of government, Benjamin Netanyahu, as well as with some ministers.

However, the American billionaire is expected to face many difficulties, as the Israeli government is determined to protect the country's national interests and significantly limit the role of foreign investors in the company. According to a source close to the privatization process, a foreign investor will not be able to fully acquire IMI, as the government intends to preserve the Israeli affiliation of the company. According to the terms of the tender, a foreigner will be required to act as a partner to an Israeli investor. In addition, the majority of seats on the new board should belong to the Israelis. Potential buyers of IMI may be the domestic manufacturer of military electronics Elbit Systems, some Israeli shipyards, as well as Israeli weapons Tycoon Sami Katsav.

Israeli media have reported that the production of certain types of weapons at IMI plants will be reduced. So, in accordance with the new strategic plan of the country's defense, it is planned to reduce the production of armored vehicles, artillery and naval systems. Production will also be reduced tank Merkava Mark IV, which will undoubtedly hit IMI and dozens of component suppliers for this program. Israeli portal Globes recently reported that at least 1500 workers involved in the tank assembly program have already faced layoffs.
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  1. svp67
    svp67 22 October 2013 11: 11 New
    +9
    Well, look at the privatization of Israel ...
    1. atalef
      atalef 22 October 2013 14: 55 New
      +4
      Quote: svp67
      Well, look at the privatization of Israel ...

      Rafael in general (producing the main range of weapons of missiles, radars, like Sultam - artillery, Elta radars, Tadiran - communications. They were privatized about 20 years ago - now they are the flagships of the Israeli military-industrial complex
  2. falcon
    falcon 22 October 2013 12: 15 New
    +8
    They sway there for a long time. So that from the beginning of the 90s and still some concern will not
    to privatize? I think that as a partnership to fraternal Israel, this is a laborious task.
    can take on his shoulders Anatoly Borisovich Chubais. The task will be solved as soon as possible,
    at the lowest cost.
  3. aksakal
    aksakal 22 October 2013 12: 23 New
    +5
    Quote: falcon
    They sway there for a long time. So that from the beginning of the 90s and still some concern will not
    to privatize? I think that as a partnership to fraternal Israel, this is a laborious task.
    can take on his shoulders Anatoly Borisovich Chubais. The task will be solved as soon as possible,
    at the lowest cost.

    - a good idea. good Chubais to send there and then the full determination of the Israelis to save something there will not help laughing Aw, Atalefs, take it away, the Russians give away for free. The employee is very experienced, behind him is the experience of privatization in Russia, now he is gaining experience in turning big money into nanomengy - Israel will come in handy. Not all of Israel is sending its Cossacks to others, sometimes it’s time for the boomerangs to return.
    1. Ezhaak
      Ezhaak 22 October 2013 14: 49 New
      +3
      Quote: aksakal
      Au, Atalefs, take it, the Russians give away for free

      Is free? To the Israelites? Yes, not a joke. Only for the appropriate bribe. And for everything else, a plus. laughing
    2. atalef
      atalef 22 October 2013 14: 56 New
      +6
      Quote: aksakal
      Quote: falcon
      They sway there for a long time. So that from the beginning of the 90s and still some concern will not
      to privatize? I think that as a partnership to fraternal Israel, this is a laborious task.
      can take on his shoulders Anatoly Borisovich Chubais. The task will be solved as soon as possible,
      at the lowest cost.

      - a good idea. good Chubais to send there and then the full determination of the Israelis to save something there will not help laughing Aw, Atalefs, take it away, the Russians give away for free. The employee is very experienced, behind him is the experience of privatization in Russia, now he is gaining experience in turning big money into nanomengy - Israel will come in handy. Not all of Israel is sending its Cossacks to others, sometimes it’s time for the boomerangs to return.

      No, let Chubais let you stay (although seeing problems only in Chubais is simply stupid) By the way, who is stopping Putin from simply firing him?
  4. nik6006
    nik6006 22 October 2013 12: 36 New
    +3
    Well, there is where Chubais to turn around, he will quickly restore order, let him finally work at home!
    1. Neighbor
      Neighbor 22 October 2013 13: 24 New
      +6
      And Serdyukov with the girls, as a bonus.
      1. atalef
        atalef 22 October 2013 19: 23 New
        0
        Quote: Neighbor
        And Serdyukov with girls, as a bonus

        And you can only girls.
        Israeli Serdyukov --- the worst nuclear war will be wassat
        1. Ingvar 72
          Ingvar 72 22 October 2013 19: 27 New
          0
          Quote: atalef
          And you can only girls.
          Israeli Serdyukov --- the worst nuclear war will be

          This is a comprehensive lunch. laughing
          1. atalef
            atalef 22 October 2013 19: 38 New
            +1
            Quote: Ingvar 72
            Ingvar 72 Today, 19:27 ↑ New
            Quote: atalef
            And you can only girls.
            Israeli Serdyukov --- the worst nuclear war will be
            = Ingvar 72
            This is a comprehensive lunch.

            We can’t pork, chicken legs - no matter where you go, but no pork
            1. Ingvar 72
              Ingvar 72 22 October 2013 20: 03 New
              0
              Quote: atalef
              We can’t pork, chicken legs - no matter where you go, but no pork

              I have a Jewish friend, so the Ukrainians did not stand nearby. good
              1. atalef
                atalef 22 October 2013 20: 45 New
                0
                Quote: Ingvar 72
                I have a Jewish friend, so the Ukrainians did not stand nearby.

                Igoryanich, or what? We go through the salsa regularly. Just Serdyukov is old and not castrated.
  5. faraon
    faraon 22 October 2013 12: 56 New
    +4
    Yes, it’s time to privatize for a long time, the state will not lose, but only benefit from this event. I will explain for comrades who do not know Israeli reality. The fact is that workers in the public sector have a number of social benefits, and benefits in relation to workers employed in the private sector, in my opinion, unjustified. What is the huge payout of all kinds of social allowances. At this time, social allowances are much higher than wages.

    The main losses of IMI are due to the congestion of the asset structure, huge debts to the state and a large number of workers. If in the years when IMI military products were extremely necessary to maintain the country's defense capability, such a number of workers was necessary and justified, today this need does not exist.

    And this can not continue anymore. Moreover, scientific and technological progress does not stand still, new materials, new technologies appear, and the staff remains in the same quantitative composition.

    The same thing happens with the Israeli electricity company. When the income from the sale of electrical energy is much lower than the salary of employees.
    In the final version, this places a heavy burden on taxpayers, and as for the Electric Company, it is on buyers of electrical energy.

    The privatization of these industries will lead to a change in the economic policies of industries, and will remove them from the state of stupor (debtor), to which the state constantly writes off debts.

    I believe that the Israeli Ministry of Defense will not lose anything from this, the schemes and calculations between the customer and the manufacturer will be greatly simplified.
    1. atalef
      atalef 22 October 2013 15: 01 New
      0
      [quote] [quote = faraon]


      The same thing happens with the Israeli electricity company. When the income from the sale of electrical energy is much lower than the salary of employees.
      In the final version, this places a heavy burden on taxpayers, and as for the Electric Company, it is on buyers of electrical energy.

      [/ Quote]
      Well, about El. the company is not quite so, if only because the salary fund is not more than 5% of the company's turnover. But it’s necessary to privatize everything, many parasites have divorced
  6. Pimply
    Pimply 22 October 2013 14: 32 New
    -3
    The news is old enough, in fact.
  7. Ezhaak
    Ezhaak 22 October 2013 14: 46 New
    +2
    at least 1500 workers involved in the tank assembly program have already faced layoffs.

    And one of the Israelites tells me: So that you live like that! No, thanks live and be upset. And I'll stand by and look at you.
    1. atalef
      atalef 22 October 2013 15: 05 New
      +3
      Quote: Hedgehog
      at least 1500 workers involved in the tank assembly program have already faced layoffs.

      And one of the Israelites tells me: So that you live like that! No, thanks live and be upset. And I'll stand by and look at you.

      Well, yes, when a simple worker (who has worked in TAAS) for thirty years, leaves home (after privatization) with a pension of $ 2500 -3000 and a one-time severance pay of $ 150t-$ 200t (which by the way is not out of the ordinary, at least as in ports, petrochemicals, defense plants - where privatization took place) - so that you live like that
  8. faraon
    faraon 22 October 2013 15: 16 New
    0
    If you would quit like that, you would get compensation for the years you worked, go for 7 months and sit on benefits (which makes up 75% of the salary. Or maybe you would go on early retirement.
    So, I see no reason for disappointment. Well, and then such cool specialists work at these enterprises that after finishing the vacation they will be taken to the same enterprise and therefore with the same profile.
    1. atalef
      atalef 22 October 2013 15: 20 New
      +2
      Quote: faraon
      If you would quit like that, you would get compensation for the years you worked, go for 7 months and sit on benefits (which makes up 75% of the salary. Or maybe you would go on early retirement.
      So, I see no reason for disappointment. Well, and then such cool specialists work at these enterprises that after finishing the vacation they will be taken to the same enterprise and therefore with the same profile.

      the bulk there will remain to work (of course, having received all the compensation)
    2. Ezhaak
      Ezhaak 22 October 2013 16: 54 New
      +1
      Quote: faraon
      Would receive compensation for years worked, would go 7 months

      Once upon a time, a wife fell under reduction in Rostelecom. I sat for 1,5 years and received money from the office. For any unpleasant event. I will not wish anyone, but if on his
      insist, my dear, it remains only to wish something like that to all of you. Therefore, after completing payments, I did not even recommend her to look for work. She’s more useful at home. And I provided money.
      Speaking about the charms of your life, do not forget to mention first of all the youth. The old men have earned their money, but what about the young ??? And there is no experience and high qualifications.
      1. atalef
        atalef 22 October 2013 17: 05 New
        0
        and young everywhere, difficult and we were
        Young and it was difficult for us. They will break through, there would be a desire
        1. Ezhaak
          Ezhaak 22 October 2013 17: 15 New
          0
          Quote: atalef
          and young everywhere, it’s difficult and we were young and it was difficult for us. They will break through, there would be a desire

          Yeah. I repeat, the elderly are already provided with everything, their children are independent, and young people have a lot of problems. And Deneh Nem. The Tel Aviv girlfriend told me how they cut her, how she stood on the exchange. Nothing better than in Russia. It’s good that she brought a little son from the USSR. There was no need to give birth to a new one.
          1. atalef
            atalef 22 October 2013 19: 26 New
            0
            Quote: Hedgehog
            Yeah. I repeat, the elderly are already provided with everything

            Optimistic

            Quote: Hedgehog
            and young people have a lot of problems. And Deneh Nem

            Work and work again, we had the same thing --- dumb

            Quote: Hedgehog
            The Tel Aviv girlfriend told me how they cut her, how she stood on the exchange. Nothing better than in Russia.

            Someone has liquid, someone has small pearls --- poverty is different

            Quote: Hedgehog
            It’s good that she brought a little son from the USSR. There was no need to give birth to a new one.

            ????????????
  9. AIR-ZNAK
    AIR-ZNAK 22 October 2013 17: 25 New
    0
    Well said about young growth. However, not many have the desire to break through. But the desire to pay for a rented apartment, often in a different area from work (cheaper, and travel kills the difference) and sit on a pub in Saturday, without worrying about anything, many have. Plus loans for a new phone model, for the weekend somewhere to Italy, and there are no other worries. The economy is mainly attracted by middle age and pre-pensioners.
    1. atalef
      atalef 22 October 2013 19: 32 New
      0
      Quote: AIR-ZNAK
      However, not many have the desire to break through

      And so they live in different ways. (there is no equality at all)

      Quote: AIR-ZNAK
      But the desire to pay for a rented apartment, often in a different area from work (cheaper, and travel kills the difference) and sit on a pub in Saturday, without worrying about anything, many have.

      Alas

      Quote: AIR-ZNAK
      . Plus loans for a new phone model, for a weekend somewhere in Italy, and there are no other worries

      If this is not their concern. it means the cares of their parents, and this is the problem of education. My son has been giving private lessons since he was 16 (now he is 21), I instilled in him from childhood --- without difficulty ..... etc.

      Quote: AIR-ZNAK
      The economy is pulled mainly by middle age and pre-pensioners

      But this is not so, workers up to 47 are pulling eeonomics (in any case with us), the rest are already in reserve (although retiring at 67)
  10. Tyumen
    Tyumen 22 October 2013 18: 01 New
    +1
    Eh, I like Uzi. The first, not Mini and not Micro, is simple, reliable, powerful stamping. In Kalashnikovsky!