Monday, September 6, 2010

(BIZ) Siemens Considers Investing In Israel

"Representatives of German electronics giant meet Israeli delegation in Berlin. Manufacturers Association president says 90% foreign investments from US, only 10% from Europe. 'it's time Europeans saw Israeli potential,' he adds.

German electronics giant Siemens is considering investing considerable capital in Israel, according to recent meetings in Germany between representatives of the Federation of Israeli Economic Organizations and Siemens. The meetings were held to find ways of increasing cooperation in R&D and investment in Israel.

A proposal was also raised for investment in the multinational companies program with the Office of the Chief Scientist to promote technological cooperation."












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