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European Australian Business : 2008
41 solutions company, chose Melbourne as its new Asia Pacific headquarters. This new headquarters, including a centre of excellence, will see FINEOS grow from 30 to more than 100 staff over the next three years. Recognising the importance of Victo- ria’s trading relationship with Europe, the Victorian Government supported a number of trade missions to the region in 2007. These included the information and telecommunications technology trade fair CeBIT in Hannover, Germany and the largest medical fair MEDICA, also in Germany. Ties between Victoria and Europe were further strengthened as a result of an overseas trade mission led by the Vic- torian Minister for Industry and Trade, the Hon. Theo Theophanous MP, in 2007. The Minister led a ten day visit to Europe to promote Victoria’s advanced industrial capabilities in Germany, Spain and Greece. Victorian companies are also suc- ceeding in Europe. One example is Victorian software developer, Space- Time Research, which manages the software for Italy’s Venice Port Au- thority. Space-Time Research recently rolled out business intelligence solu- tion SuperSTAR to provide the Venice Port Authority with software solutions to support its strategic decisions and improve the Port’s operations, safety and security. Victoria’s innovative capacity Victoria is Australia’s knowledge, innovation and technology capital. It is a dominant force in the Australian research and development arena with a large cluster of research institutes, universities and technology parks. Victoria has dedicated biotechnology precincts specialising in the biomedi- cal, food, agriculture and animal health sectors. It also has major information and communication technology, ad- vanced manufacturing and nano/micro technology precincts. The Australian Synchrotron also calls The Yarra River. Image courtesy of Invest Australia. victoria