Deloittes eyes work in Israel
Deloitte & Touche aims to expand its public sector work in Israel.
The consulting firm, which owns Israeli firm Brightman, has made a bid for privatisation work. The firm is already in talks with some Israeli state enterprises.
Sales from privatisation work are expected to net the government $2.4bn (8.5m shekels) in 1998, following similar successful sell-offs of state enterprises, which included Bezeq Israel Telecom, Israel Chemicals and Bank Leumi.
The privatisation news coincided with the merger of member firm Brightman with Friedman, Shapira and Goldstein.
The firm will be known as Brightman, Bar Levav, Friedman. Brightman became a Deloitte & Touche member firm in 1994 and has 400 employees.
Meanwhile in the US, Deloitte & Touche aims to enrol 500 consultants in the US Institute of Management Consultants by the end of 1998. The firm already has 255 consultants registered with the US Institute.