Israel Online · Sep 14, 2026
Israel Online — photo status
*Israeli Defense Firms Eye Cyprus for New European Production Hub* Israeli defense companies are exploring the possibility of opening production facilities in Cyprus as they expand deeper into the European market. The discussions were raised during President Isaac Herzog’s recent visit to Nicosia and are reportedly tied to opportunities created by the EU’s €150 billion SAFE defense program. Israeli defense firms already operate production facilities across Europe, including in Germany, Romania and Greece. A move into Cyprus could bring new investment, jobs and advanced defense technology to the island.
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