ORT will sell its holdings in Orpak Systems Limited

May 18, 2017

ORT has signed a definitive agreement for the sale of all of its holdings (68%) in Orpak Systems Limited to Gilbarco/Fortive, which has been an important partner of Orpak for many years and has been holding 20% of Orpak Systems Limited prior to the sal…

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dividend in kind – Rapac shares

April 18, 2017

Tne company’s board of directors and its general assembly have decided on a dividend in kind of all Rapac shares held by the company to the company’s share holders. following such a decision, and from Mrach 27, 2017 Rapac is no longer a subsidiary of t…

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Orpak Opens New Subsidiary In Russia

November 7, 2016

Orpak Systems has announced the establishment of its new subsidiary, RSC-Orpak in Moscow, Russia. The establishment of this subsidiary represents another step by Orpak towards providing expanded sales and support services in the Russian petroleum marke…

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Orpak signed an MOU for the purchase of a Brazilian company

October 27, 2016

Orpak has signed an MOU with a Brazilian company, for the purchase of the Brazilian company for a total consideration of approx. 9 Millions USDA, out of which a third is conditioned upon achieving a level of revenues and/or fulfilling certain obligatio…

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Orpak Systems continues to strenthen its market leader position with ForeFuel

June 14, 2016

Orpak Systems continues to strengthen its market leader position with its 4th generation Automatic Vehicle Identification (AVI) solution – ForeFuel. As the leader of this segment, Orpak has defined and dominated the market over the years, and continues…

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Orpak introduces its Wetstock Management Solution

May 4, 2016

Orpak introduces its Wetstock Management Solution (WSM), an innovative, real-time wetstock control, monitoring, and analysis solution. An integral part of Orpak’s market-proven ForeVisionTM solutions offering for fuel retailers, WSM is a SaaS solution…

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ORT announced its financial results for Q3 2015

November 23, 2015

ORT announced its financial results for Q3 2015. ORT reported Revenues for nine months ended September 30 2015 of 253 Millions NIS, which exhibits a 18.7% rise, compared to the equivalent period in 2014. Net Income totaled in 20 million NIS, representi…

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ORT and Delek signed an agreement with an international group of companies for the purchase of 20% of Orpak shares

October 29, 2015

On October 27 ORT and Delek  signed an agreement with an international group of companies for the purchase of 20% of Orpak shares (7.25% held by ORT and 12.75% held by Delek). As consideration, the purchaser shall pay the sellers sum of 20 million USD.…

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RAPAC will represent UQM in Israel and will provide various UQM PowerPhase electric motors, generators and controllers to the military market

September 7, 2015

Rapac Signs a Multi-Year Memorandum of Understanding with UQM TECHNOLOGIES Inc, ,a developer and manufacturer of power-dense, high-efficiency electric motors,  generators and power electronic controllers for the automotive, commercial  truck, bus and m…

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ORT announced today its financial results for second quarter of 2015

August 10, 2015

ORT announced today its financial results for second quarter of 2015. ORT reported Revenues for half year ended June 30 2015 of 164 Millions NIS, which exhibits a 17% rise, compared to the equivalent period in 2014. Net Income  are doubled to 7 million…

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Rapac announcesd the signature of two financing agreements for two of its private power stations projects

July 13, 2015

Rapac communication & infrastructure announced today that two project companies organized under it’s subsidiary Rapac Energy have signed with a bank consortium an agreement to finance the construction of two power stations in the total amount of around half a billion NIS, each. Each station will produce electric power of 73 MW plus steam to it’s designated customers.

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Orpak India Announces a Follow-on Contract from BPCL for the Automation of an additional 5,000 Gas Stations

June 1, 2015

June 1, 2015, Tel Aviv Israel and Pune, India – Orpak announced today that Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 company and India’s second largest oil retailing company with a network of over 12,000 Retail Gas Stations, issued Orpak India a follow on contract for the automation of an additional 5,000 BPCL gas stations.

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New Orpak Innovation in Wireless Vehicle Identification for Fueling (Orpak Systems Ltd)

June 1, 2015

The new ForeFuel™ solution is a comprehensive offering featuring nano design technology, which reduces deployment time, and ensures high performance and security

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