The Teva plant in Ashdod will be closed by March 2019 after no purchaser was found. 175 employees will lose their jobs.
Histadrut chairman Avi Nissenkorn said in response, "Teva's management proves once again that it has no intention of strengthening or maintaining its activity in Israel. Now, just before Israel's 70th Independence Day, Teva, which was founded here and has become an international success thanks to the Israeli mind, continues to disconnect from us and close its factories in one country after another. "