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June 18, 2015 9:44 am

Heads of 100 Major German Companies to Visit Israel

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A delegation of 100 German industry leaders is preparing for a trip to Israel. Photo: Wikipedia.

A delegation of 100 German industry leaders is preparing for a trip to Israel. Photo: Wikipedia. – While many in Europe are calling for a boycott of Israel, a delegation of 100 German industry leaders is preparing for a trip to Israel to meet with top businesspeople in a show of support for the Jewish state, as part of the ongoing marking of 50 years of diplomatic relations between the two countries.

Some of the companies to be represented in the group that arrives June 28 are SAP SE, BMW, Bosch, Deutsche Bank, Deutsche Telekom, Merck of Germany, Inc., Mercedes-Benz, and Lufthansa.

The German visitors will spend two days in Tel Aviv for events organized by economy ministers from Germany and Israel. On the first day, they will attend an investors’ conference, where they will meet industry leaders, CEOs, and owners of large Israeli companies. The second day will focus on innovation, and guests will speak with cutting-edge Israeli researchers.

Israel’s commercial attaché in Berlin, Hemdat Sagi, told Israel Hayom that “in recent years, Germany is becoming more and more open to innovation and more interested in what’s going on in Israel. This is true both on a governmental level and a business level.”

Sagi added, “Large companies like Deutsche Telekom, Merck, and SAP SE are already conducting R&D activities in Israel. The job of the commercial office in Berlin is to bring new partners to cooperate with Israeli companies and to enjoy the interesting synergies being formed with the Israeli market.”

Five years ago, Israel and Germany signed an agreement to fund joint projects in the fields of biotechnology, water, environmental technology, and security and defense technology. Now, efforts are being made to connect mid-sized and smaller-sized companies from the two nations.

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  • May I ask the editor / writer of this article to correct it?
    Merck & Co is NOT a German but a US American company.
    In the delegation mentioned in this article, the CEO of Merck of Germany, (headquartered in Darmstadt) was participating.
    Actually, there is only one company called Merck in the world – which is Merck of Germany.
    Merck & Co only bears rights for its name in the U.S. and in Canada.

    So – please do correct.
    Thanks and best regards
    Gangolf Schrimpf, Media Relations, Merck

  • Dan

    Mistake: NOT Merck & Co, which is a US company, But Merck. Merck & Co, outside of the US and Canada is called MSD.

    • Gangolf

      Thanks Dan for spotting this – you are right and the newspaper should please correct this.
      Merck & Co is NOT Merck (Germany’s Merck, headquartered in Darmstadt).
      I herewith as the and possibly the source for immediate correction.

      Gangolf Schrimpf. Media Relations, Merck