Zim Urges Government To Split Company
News: Israel's Zim Integrated Shipping Services (Zim) has urged the government to accelerate the implementation of a decision on dividing the company into two independent foreign and domestic entities. The Israeli government, which is against the move, is the owner of a golden share in the company and holds a veto. Israeli trade unions are also believed to be against the move. Zim said a delay in the decision would hit the company's competitiveness and would cause difficulties in the formation of joint ventures.