16 Israeli cos make Red Herring 100 Europe list

D-Pharm and BitBand are included for the second successive year. Genova is the newest company listed, and the only cleantech company.

“Red Herring” has published its 2006 list of Europe’s 100 private technology companies. 16 Israeli companies are included, based on criteria of business model, technology, quality, management and innovation. 20 Israeli companies made last year’s 100 Europe list. Ten European biotechnology companies made the list, including two from Israel: D-Pharm Ltd. and BiolineRX Ltd.

“Red Herring” has been publishing its 100 Europe list since 1996. Over the past few months, the magazine’s analysts have been thoroughly reviewing over 700 companies’ business models, technologies, and management.

D-Pharm and BitBand are listed for the second time in a row. Genova, which is developing processes for producing electricity from biomass, is the only Israeli cleantech company on the list, as well as the newest company. It was founded in 2004. Over the past two years, Genova has conducted tests in which it successfully produced electricity from olive pulp. In the past year, Israel Electric Corporation (IEC) has been collaborating with Genova.

Representatives of the companies on 100 Europe list will make presentations at the “Red Herring” conference in Paris tomorrow and Tuesday. Israel has the third largest number of companies on the list, after the UK and France.

Other Israeli companies on the list this year are Altair Semiconductor, Axerra Networks, cVidya Networks, Discretix Technologies, Double Fusion, Gteko Technologies, Negevtech, Power Paper, Siano Mobile Silicon, SpeedBit, Targetize Innovative Solutions, and Voltaire.

Published by Globes [online], Israel business news - www.globes.co.il - on May 7, 2006

© Copyright of Globes Publisher Itonut (1983) Ltd. 2006

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