The newspaper noted that Mul-T-Lock, a locks manufacturer, was the first to shut its branches in Israeli settlements, as a result of a boycott on its settlement-produced goods.
The paper added that the major Swiss company, Assa Abloy, which owns Mul-T-Lock, decided to move its plant from the settlement of Brochin to inside Israel proper.
The move was decided after Swiss human rights organizations and churches issued a strongly worded report to the company's administration and representatives, raising the possibility of taking legal action against them for breaking international law.
According to the Israeli paper, more foreign companies like Mul-T-Lock are expected to follow suit, with food producer "Piegel Piegel" already planning to shut down its branches in West Bank settlements.
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