Porsche invests eight-figure sum in Israel


As the initially step, Porsche has invested an eight-figure sum in the Magma and Grove enterprise cash resources. Even further investments in start out-ups and resources are prepared.

“Israel is a critical market for IT authorities and engineers. It has extra start out-ups for each capita than any other country in the earth. This talent and technological know-how coupled with the great knowledge made available by our staff produces the excellent breeding ground for long run business models”, says Lutz Meschke, Deputy Chairman of the…

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