All the guests who took part in the seminar and trade fair in Tel Aviv were convinced that the country has enormous potential. Among the guests present were representatives from Union DIY and Metrika from Russia, Kingfisher, Koçtas and Tekzen from Turkey, the HRG-Home Retail Group from Great Britain, Bricolife from Italy, National Hardware+United Hardware from Ireland as well as representatives from Edra. “A lot of the companies in Israel have the strength to become big players,” said Ofer Sachs, CEO of the Israel Export Institute. Caroline Nave from the Israel Export & International Cooperation Institute, who organised the event, is also convinced. “With the right partners we could considerably increase sales in the DIY area, the capacity is available”. Nave emphasised during her lecture to the international guests that the strengths were particularly in the cutting-edge production plants and the flexibility of the companies. Furthermore a lot of products excel with innovative design and sustainable concepts. “Above all, Israel’s plastics processing industry is the world leader,” said Nave. Israel is number one in the world for spending on research and development. At the moment (as of 2012) 3.9 per cent of the gross domestic product is invested in R&D. As a comparison: in Germany it was only 2.9 per cent for the same year.
Israel Export & International Cooperation Institute
Product ideas from Israel
All the guests who took part in the seminar and trade fair in Tel Aviv were convinced that the country has enormous potential. Among the guests present were representatives from Union DIY and Metrika from Russia, Kingfisher, Koçtas and Tekzen from Turkey, the HRG-Home Retail Group from Great Britain, Bricolife from Italy, National Hardware+United Hardware from Ireland as well as representatives from Edra. “A lot of the companies in Israel have the strength to become big players,” said Ofer Sachs, CEO of the Israel Export Institute. Caroline Nave from the Israel Export & International Cooperation Institute, who organised the event, is also convinced. “With the right partners we could considerably increase sales in the DIY area, the capacity is available”. Nave emphasised during her lecture to the international guests that the strengths were particularly in the cutting-edge production plants and the flexibility of the companies. Furthermore a lot of products excel with innovative design and sustainable concepts. “Above all, Israel’s plastics processing industry is the world leader,” said Nave. Israel is number one in the world for spending on research and development. At the moment (as of 2012) 3.9 per cent of the gross domestic product is invested in R&D. As a comparison: in Germany it was only 2.9 per cent for the same year.