Business in Brief

Vita Pri Galil raising wholesale prices

After several of the country's major food manufacturers announced wholesale price increases, small and medium-sized producers such as Vita Pri Galil have decided to follow suit. In the case of Pri Galil, whose product line includes a range of canned vegetables, the new price list reflects increases of up to 6% in what the firm will be charging supermarkets as of November 1. "I don't work on huge profit margins like the big companies," Pri Galil CEO Oshik Efraim told TheMarker. "We simply can't continue selling at current prices in light of the rise in the cost of raw materials and production." (Adi Dovrat-Meseritz)

Toyota issues recall over window defect

Toyota has issued a recall notice on 7.4 million cars around the world, including 28,500 in Israel, to repair an electric window defect. Worldwide, the recall affects vehicles made between 2006 and 2010, but in Israel it involves only Corolla, Yaris, Auris, RAV4 and Camry models made between 2006 and 2008. The repair, which involves replacing an electric switch that sometimes sticks, will be performed by authorized garages at no cost and should take about an hour. Owners of affected models should be getting a recall notice by mail shortly. Toyota says no injuries have been reported but that customer attempts to oil or grease the defective switch could result in a fire. (Daniel Schmil and Agencies)

Haredim use negative income tax benefit more than others

During the first four years since the government instituted a negative income tax, which gives financial assistance to qualifying low-income earners, the number of those qualifying for the support rose from 64,000 in 2007 to 106,000 in 2010. This is in part due to the expanded geographic reach of the program, as it now covers the whole country. The average benefit is about NIS 2,800 a year but varies depending on the taxpayers' circumstances. The highest rate of participation in the program among those who qualify is in the ultra-Orthodox community and the lowest is among East Jerusalem Arabs, although their rate, too, has been steadily growing. (Moti Bassok)

Maariv employees mull acquiring the paper

Journalists at the Maariv daily held a meeting Tuesday to discuss acquiring a controlling stake in the paper. Although the IDB group has inked a deal to sell it to the publisher of the Makor Rishon newspaper, Shlomo Ben-Zvi, Maariv has since filed for protection from creditors and the judge in the case has ordered the solicitation of additional bids for the paper. Among the parties that have expressed interest is the Haaretz group. (Nati Tucker)