Victory Branch
(Photo: Ido Erez)
“Accordingly, in accordance with Rini’s authority, the owner must immediately cease all occupation and activity in the business and close it immediately and immediately.”
An administrative break order will expire 30 days from its date and may be extended by a court. At the same time, the network will be able to correct the deficiencies, the Ministry of Health will consider canceling the administrative break order subject to further review and return to the business.
Victory chain controlled by the Ravid family and managed by Eyal Ravid is in sharp growth, following the purchase of branches from Nahum Pavilion under a crunch. This week, the chain received two stores in strong locations: Malcha Mall in Jerusalem and Ayalon Mall in Ramat Gan. The company trades at a value of NIS 820 million on the Tel Aviv Stock Exchange and sales in the first nine months of 2019 totaled NIS 1.3 billion.
Victory Network said, “As soon as the findings were received, the network acted to correct the deficiencies. At the same time, the network headquarters is investigating the incident and is constantly in the branch so that such a case will not come back again. We are in contact with all parties and cooperate with them throughout the year so we believe it was possible Avoid issuing this order and settle for a review.
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https://www.ynet.co.il/economy/article/r1h9jiRN8
