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(From Israel Business Arena)
Byline: Ronit Purian
The OMX stock exchange in Sweden wants to expand its business. Eight Nordic and Baltic stock exchanges are already operating jointly in the Norex network. In 2003, the Helsinki stock exchange merged with stock exchanges in Estonia, Lithuania, and Latvia, and the Copenhagen stock exchange will also be merged by the end of this quarter. "Oslo remains a hard nut to crack," says Israel Minister Economic Affairs to Sweden, Finland and Norway Mordechai Ish-Shalom. Ish-Shalom is a former deputy director general for economics and planning division at the Ministry of Industry, Trade, and Labor.
Since taking up his new position, he has tried to increase activity by Israeli companies in Sweden. In May, the Manufacturers Association of Israel managing director will head a …