Press release: Feb. 24, 2008

Netafim dedicates global planning center for irrigation systems in India

The center will provide engineering and planning services for Netafim’s irrigation system customers throughout the world. Netafim General Manager Ofer Bloch: “The establishment of the center in India represents a strategic step that emphasizes Netafim’s commitment, as the world’s leading company in the field of smart irrigation solutions for agriculture, to support the company’s expected rate of growth in the coming years. The center will upgrade the array of services that Netafim is committed to supply its customers and worldwide network of suppliers for the entire course of the planning and implementation of a project.”  Full article

Press release – February 3, 2008

Completion of the Netafim – Revaho Transaction

Netafim acquired a majority stake of the Dutch Revaho group - Europe's leading provider of irrigation solutions and greenhouses turn key projects. Netafim also announces 2007 sales of nearly half a billion dollars, 25% growth over last year.

Netafim's President and CEO Ofer Bloch stated: "The acquisition of a majority stake in the Revaho group is a significant step in Netafim's growth strategy, aimed at achieving our turnover goal of one billion dollars revenue within few years"  Full article

Press Release - November 2007

Netafim building agronomic research institute in Poland

Drip irrigation leader Netafim has announced the establishment of the first of two research institutes in Skierniewice, Poland, with a contract to build a second institute in Krakow. The cost of the two stations is estimated at some 3 million Euros.

The heart of each research institute is a glasshouse covering an area of 2,500square meters, containing the most advanced agricultural technology. "The purpose of this research institute is to provide optimal conditions for research and development of local produce, with a view to improving local glasshouse growing methods and making them more efficient", said Eitan Zauberman, Managing Director of Netafim Poland. full article