The Associated Press

Eltek Ltd., an Israeli manufacturer of printed electronic circuit boards, said Tuesday its board elected Erez Meltzer and Amit Mantsur to serve as directors until the next annual shareholders meeting.

Meltzer has served since November 2008 as CEO of Gadot Chemical Tankers and Terminals Ltd., a wholly-owned subsidiary of Ampal-American Israel Corp. From 2006 to 2007, he served as the CEO of Africa Israel Group.

Mantsur has served as Ampal's vice president of investments since March 2003. From September 2000 to December 2002, he served as strategy and business development manager at Alrov Group.

Shares of Eltek, which are traded on the Nasdaq, rose 29 cents, or 25.2 percent, to $1.44 in afternoon trading.
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