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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001178913-03-000239.txt : 20030521
<SEC-HEADER>0001178913-03-000239.hdr.sgml : 20030521
<ACCEPTANCE-DATETIME>20030521113724
ACCESSION NUMBER:		0001178913-03-000239
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030521
FILED AS OF DATE:		20030521

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUR MACROPRINTERS LTD
		CENTRAL INDEX KEY:			0000946394
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTING TRADES MACHINERY & EQUIPMENT [3555]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26498
		FILM NUMBER:		03713941

	BUSINESS ADDRESS:	
		STREET 1:		5 DAVID NAVON STREET
		STREET 2:		MOSHAV MAGSHIMIM
		CITY:			PETAH-TIKVA ISRAEL
		STATE:			L3
		ZIP:			00000
		BUSINESS PHONE:		01197239087676

	MAIL ADDRESS:	
		STREET 1:		P O BOX 8440
		STREET 2:		MOSHAV MAGSHIMIM
		CITY:			ISRAEL
		STATE:			L3
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUR ADVANCED TECHNOLOGIES LTD
		DATE OF NAME CHANGE:	19950607
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>d30133.htm
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     <!-- Control Number: 30133                                                            -->
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     <!-- Client Name:    Nur Macroprinters Ltd                                            -->
     <!-- Project Name:   6-k                                                              -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
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                             <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3><b>
FORM 6-K</b></FONT></P>
<BR>

                          <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3><b>
SECURITIES AND EXCHANGE COMMISSION<BR>
                                            WASHINGTON, D.C. 20549</b></FONT></P>

                                       <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>
Report of Foreign Private Issuer<BR>
                                     Pursuant to Rule 12a-16 or 15d-16 of<BR>
                                      the Securities Exchange Act of 1934</b></FONT></P>

                                                 <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>
May 20, 2003</b></FONT></P>

                                          <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>
Commission File No. 0-26498</b></FONT></P>

                    <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><B>NUR MACROPRINTERS LTD.</B> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Exact Name of Registrant as specified in its Charter) </FONT></P>

                                                <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not Applicable<BR>
                                (Translation of Registrant's Name into English)</FONT></P>

                                        <P align=center> <FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>12 Abba Hilel, Silver Street</B><BR>
<B>Lod</B><BR>
<B>71111 Israel</B><BR>
(Address and principal executive offices) </FONT> </P>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form
40-F.</FONT></P>

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<tr>
<td width=50% align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form 20-F&nbsp;</font><FONT size="3" face="Wingdings">x</font>
</td>
<td width=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form 40-F&nbsp;</font><FONT size="3" face="Wingdings">o</font>
</td>
</tr>
</TABLE>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark whether the registrant by furnishing the information contained in this Form is also
thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.</FONT></P>


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<td width=50% align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Yes&nbsp;</font><FONT size="3" face="Wingdings">o</font>
</td>
<td width=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No&nbsp;</font><FONT size="3" face="Wingdings">x</font>
</td>
</tr>
</TABLE>



<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b).</FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attached
hereto and incorporated by reference herein is a press release of the registrant dated May
20, 2003. </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><I>NEWS</I> </FONT> </P>


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<BR>


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<TD WIDTH=20% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMPANY<BR>CONTACT:  </FONT></TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Hilel Kremer, CFO<BR>
972-8-914-5559<BR>
972-8-921-8918<BR>
<U>hilelk@nur.com</U><BR>
<U>www.nur.com</U> </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=20% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PORTFOLIO PR<BR>CONTACTS:  </FONT></TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Paul Holm/Leon Zalmanov<BR>
212-736-9224<BR>
<U>pholm@portfoliopr.com</u> / <u>lzalmanov@portfoliopr.com</U></FONT>
</TD>
</TR>
</TABLE>
<BR>




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<h1 ALIGN=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>NUR
MACROPRINTERS TO ACQUIRE REMAINING SHARES OF NUR<BR> PRO ENGINEERING AND CONSOLIDATE
MANUFACTURING<BR> FACILITIES</FONT></h1>


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<h1 ALIGN=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Move
Expected to Reduce Costs, Increase Margins and Provide Flexibility</FONT></h1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Company Also Reports
Realigned Management Team </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>LOD, Israel; May 20, 2003- NUR
Macroprinters Ltd. (NASDAQ: NURM), a leading manufacturer of wide-format inkjet production
printing systems and consumables for the out-of-home advertising market, today announced
that it has signed an agreement to acquire the remaining 50% shares of NUR Pro Engineering
Ltd. from Ogen Dialogix Ltd., an Israeli private company, and plans to consolidate its
machinery manufacturing facilities in Rosh Ha&#146;Ayin, Israel. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Under the terms of the agreement, the
transfer of the shares will be effective as of March 31, 2004. NUR Macroprinters will
acquire Ogen Dialogix&#146;s shares in NUR Pro for $850,000. Upon completion of the
transaction, NUR Pro Engineering will become a wholly owned subsidiary of the Company. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Effective immediately, the Company
will begin consolidating its global machinery manufacturing operations of Salsa Digital
Printers Ltd. (also known as NUR Engineering USA) in San Antonio, Texas with those of NUR
Pro Engineering, into a single large manufacturing facility in Rosh Ha&#146;Ayin. NUR
currently manufactures and assembles the NUR Fresco printers through NUR Pro Engineering
and the Salsa line of printers through NUR Engineering USA. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>David Amir, President and Chief
Executive Officer of NUR Macroprinters Ltd, commented on the NUR Pro Engineering deal,
&#148; We believe that the NUR Pro Engineering transaction and the subsequent
consolidation will generate savings by removing the administrative redundancies of two
centers, reducing overhead costs, and allowing us greater real-time production
flexibility. We are excited by the prospects for improving our efficiencies and margins by
taking this step.&#148; </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company also announced a
realignment of certain key management positions. Nachum Korman, Managing Director of NUR
Europe, will become President of NUR America, and Marco Baio will be appointed Managing
Director of NUR Europe. Prior to joining NUR Macroprinters, Mr. Baio served in senior
management positions with Scitex, including: Managing Director of Scitex Italy and
Managing Director of Scitex Germany. Most recently, Mr. Baio served as President of Objet
Geometries Europe. As a result, the executive positions of Vice President of Sales, held
by Alon Avnon, and Vice President of Marketing, held by Ron Michael, will be phased out. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
          Amir continued, &#147;The executive management realignment represents a
          strategic shift toward greater decentralization. Nachman Korman has been an
          outstanding Managing Director at NUR Europe and we believe he will provide
          strong leadership and direction to NUR America. Marco Baio, has gained proven
          experience in business development in his position as president of Objet
          Geometries Europe and we expect him to maintain and build on Nachman
          Korman&#146;s strong performance in Europe. We want to thank Alon Avnon and Ron
          Michael for their important contributions to NUR. They each played major roles
          in the Company&#146;s success and in its stabilization in the face of tough
          challenges.&#148; </FONT></P>

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<p ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>About NUR Macroprinters </B><BR>
NUR Macroprinters (Nasdaq: NURM) is a
leading supplier of wide-format inkjet printing systems used for the production of
out-of-home advertising materials. From entry-level photo-realistic printers to
high-throughput production presses, NUR&#146;s complete line of cost-effective, reliable
printing solutions and companion inks are helping customers in over 100 countries
worldwide address the full spectrum of wide-format printing requirements. NUR customers,
including commercial printing companies, sign printers, screen printers, billboard and
media companies, photo labs, and digital printing service providers, count on NUR to help
them deliver the high quality and fast turnaround they need to meet their clients&#146;
exacting demands and succeed in today&#146;s competitive marketplace. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>More information about NUR
Macroprinters is available at <U>www.nur.com</U>. <BR>Safe Harbor<BR>
Certain statements made herein that
use the words &#147;estimate,&#148; &#147;project,&#148; &#147;intend,&#148;
&#147;expect,&#148; &#147;believe&#148; and similar expressions are intended to identify
forward-looking statements within the meaning of the private securities litigation reform
act of 1995. These forward-looking statements involve known and unknown risks and
uncertainties, which could cause the actual results, performance or achievements of NUR
Macroprinters Ltd. To be materially different from those which may be expressed or implied
by such statements, including, among others, changes in general economic and business
conditions and specifically, decline in demand for NUR Macroprinters Ltd&#146;s products,
inability to timely develop and introduce new technologies, products and applications and
loss of market share and pressure on prices resulting from competition. For additional
information regarding these and other risks and uncertainties associated with the
Company&#146;s business, reference is made to NUR Macroprinters Ltd.&#145;s reports filed
from time to time with the Securities and Exchange Commission.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>











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<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR>Date: May 20, 2003</FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>NUR MACROPRINTERS LTD.</B><BR><BR>
<BR> By:  /s/ David Amir<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
David Amir<BR>Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
<BR>



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