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Source: https://en.globes.co.il/en/article-germans-flock-to-israel-seeking-technology-1001296949
Germans Flock to Israel Seeking Technology
(Globes) Uri Berkovitz - "For me, Israel is Europe's Silicon Valley," says Kristina Sinemus, Minister of Digital Strategy and Development for the German state of Hessen, during a visit to Israel. More and more major companies are opening offices in Israel, as are German cities and states, which are striving to advance their commercial ties with Israel. Israel-Germany Chamber of Commerce and Industry general manager Grisha Alroi-Arloser says, "60% of DAX30 companies have branches in Israel looking for technologies." DAX30 is an index of the 30 leading companies listed on the Frankfurt Stock Exchange.