Israel Water Tech Thrives in Weakened Economy

(Reuters) Ari Rabinovitch - Israel's water technology sector has prospered despite the global financial crisis, largely due to global stimulus packages and penetration in developing countries, officials said on Wednesday. Water companies benefit from both infrastructure and cleantech spending, both cornerstones of stimulus packages. Water recycling company Aqwise, whose system breeds bacteria to break down organic waste, saw its sales increase 50% in 2009.


2009-11-20 08:39:25

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