Exhibit 21.1 LIST OF SUBSIDIARIES Jurisdiction Percent Owned Name of Subsidiary of Incorporation by Registrant - ------------------ ---------------- ------------- Active - ------ Nur Media Solution S.A. Belgium 100% Nur Advanced Technologies (Europe) S.A. Belgium 100% Nur America Inc. Delaware 100% Nur Marketing and Communication GmbH Germany 84% Inactive - -------- Nur Hungaria KFT ("Nur Hungary") (1) Hungary 100% Good-Lux S.A.("Nur Luxembourg") (1) Luxembourg 100% M.B.T. (Nur) Industries Ltd. Israel 100% Nur Print Technologies (1993) Ltd. Israel 100% N.A.T. Holdings and Investments (1997) Ltd. Israel 100% - ------------------- (1) Represents the percentages of ownership of Nur Media Solutions S.A. in these subsidiaries.