Industrialist Stef Wertheimer will be a recipient of the 2010 Oslo Business for Peace Award, say two of the prize sponsors, the International Chamber of Commerce and the Business for Peace Council. Wertheimer wasnominated by Uriel Lynn, president of the Federation of Israeli Chambers of Commerce.
This is the first time that an Israeli business figure will be receiving the prize, which is considered the most prestigious bestowed in the business management world. The prize is an effort to inspire businesspeople to maintain a commitment to social responsibility and ethical values.
Wertheimer, 84, was chosen for the award in recognition of his contribution to industry, to the creation of exports and his encouragement of young people to enter the manufacturing industry in Israel and the Palestinian Authority. Wertheimer founded Iscar Blades, now known as Blades Technology. He also developed the Tefen industrial park in the north.
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