Landa Digital Printing faces cash flow crisis
Landa Digital Printing, the Israeli manufacturer of digital presses, has requested a stay of proceedings from the court, citing a "cash flow crisis." The company had previously announced restructuring efforts and a search for fresh investment due to customers scaling back plans in the wake of geopolitical instability and the Israel-Gaza war.
02 Jul 2025 | 1316 Views | By PrintWeek Team
Earlier this month, Landa Digital Printing was reportedly making over 100 employees redundant, representing more than 20% of its approximately 500-strong workforce. However, a recent report by Calcalist Ctech indicates that half of the remaining employees have now received layoff notices.
In a statement, Landa Digital Printing acknowledged "significant achievements" but stated that the time needed to fully realise its business potential is longer than anticipated. The company attributed the difficulties to the geopolitical situation, including the prolonged war in Israel and regional instability, as well as commercial reasons.
Furthermore, the company's shareholders, who have funded Landa Digital Printing throughout its existence, have informed management of their intention to cease funding immediately, leading to the current cash flow crisis. In response, the company has undertaken a reorganisation in recent weeks, including substantial cuts to address the situation and facilitate the continued realisation of its potential.
According to court documents cited by Calcalist Ctech, Landa Digital Printing has debts totaling USD 500 m, with approximately USD 400 million owed to investors with secured creditor status.
The company has submitted the request for a stay of proceedings to the court to gain the necessary time to complete the process with strategic parties. While awaiting the court's decision, Landa Digital Printing will finalise the reorganisation process and emphasised its continued commitment to the success and service of its customers.
Landa Digital Printing highlighted its "proven products in the market and enormous potential," based on patented Nanography technology, which precisely meets the growing market need for the transition from traditional printing to innovative and efficient digital solutions. This, the company believes, positions it strongly to complete the process with a strategic partner and realize its significant potential.
Employees and customers have been informed of the situation and will receive ongoing updates. The company expressed deep appreciation for their continued efforts and commitment, acknowledging the complex circumstances they face.
Landa Digital Printing, a privately owned company, was founded by digital printing pioneer Benny Landa, who remains a key shareholder. The company's Nanography technology is a unique inkjet process involving printing onto a heated transfer belt. Its Landa S11 press prints at speeds of up to 11,200sph with the high-speed module.