23 We hope to see more projects unfold in climate tech and energy Denmark and Israel: A surprising match but a perfect fit the Finnish Government’s ambitious climate policy, which is supported by the economic life of Finland,” adds Tuominen. “When looking at more traditional industries, Nokia is well established in Israel, KONE was selected to equip escalators and elevators to Tel Aviv’s Light Rail Line in Israel and Konecranes has delivered plenty of equipment and systems to new smart port; Port South in Ashdod, to name just a few,” adds Sääskeläinen. “Also, the telecoms industry is going through changes which are related to fighting climate change and preserving the environment. At the beginning of 2021, Finland announced a strategy which aims to reduce the carbon footprint of the telecoms sector by fully benefitting from the possibilities created by digitalization,” states Tuominen. “Denmark and Israel, in some ways, are a surprise but also a perfect match and fit,” said Lasse Vinther-Grønning, Executive Director of Innovation Center Denmark (“ICDK”), which has been building bridges between research and business and establishing partnerships in Israel since its foundation in 2016. “There are so many similarities,” he adds. “Both have evolved from a social democratic foundation into a knowledge-based economy; both have invested heavily in R&D and champion new knowledge and innovation – such as climate, life sciences and cyber. For example, Denmark has arguably been the country that has invested mostly in sustainability and sustainable projects, and we see that Israel ismoving in that direction.With the newgovernment,we hope to see more projects unfold in climate tech and energy.” Petersen of DLA Piper agrees: “We believe that Israel and Denmark have a lot in common. Danes value strong business relationships and are known as Europe’s easiest place for doing business. We have a productive, motivated workforce and a cost-efficient and flexible labor market. Besides that we have a favorable tax climate, well-connected infrastructure and a world-class R&D and innovative environment.” “Israel should consider Denmark a first destination in Europe. If they want to set up a company, there are many advantages,” adds Vinther-Grønning. “More and more Israeli start-ups are looking here because there is predictability, the political system is stable. Like Israel, we also have a well-educated workforce, and Copenhagen’s airport is fast becoming a major European hub.”
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