Maltese businesses gaining foothold in Tunisia

A 22-strong business delegation organised by Malta Enterprise registered encouraging business prospects following successful meetings held in Tunisia, with some of the delegates being close to reaching business deals or cooperation agreements.

The business delegation, which met around 100 Tunisian enterprises during its five-day stay, comprised companies operating in sectors such as professional services, engineering, building and
construction, food and beverages, ICT, chemicals, tools as well as environmental services.

Teleconference with US companies interested in doing business in Libya

The Hon. Minister for Finance, the Economy and Investment, Tonio Fenech, will lead a teleconference to discuss potential business opportunities and investment between Maltese and U.S. companies interested in setting up in Libya. The U.S. side, led by Assistant Secretary of State for Economic and Business affairs Jose Fernandez in Washington and U.S. Ambassador Gina Abercrombie - Winstanley in Malta, will include leading U.S. companies from various industries interested in doing business in North Africa, possibly via Malta.

Opportunities in Baltic States explored

Malta Enterprise has signed a Memorandum of Understanding with Enterprise Lithuania, the business promotion agency in the largest of the Baltic States.

The MOU with Enterprise Lithuania, which paves the way for increased collaboration to facilitate trade and investment between the two countries, was signed on the sides of a Business Forum held in Vilnius during the State Visit by the President of Malta H.E. Dr George Abela.

ME leads delegation to major hub Italian economy

Malta Enterprise has led a 15-strong business delegation to the city of Milan, which is one of the major hubs of economic activity in neighbouring Italy.

The Lombardy region is indeed one of the main motors of the Italian economy, on its own contributing more than one fifth of the entire country's GDP. The region is among those which are trying to lead Italy out of the economic crisis and consequently presents various opportunities.

Support for Eco-innovative projects

The European Union's Competitiveness and Innovation Programme (CIP) is assisting public and private entities, particularly SMEs, to embark on eco-innovation projects through which they make better use of resources or reduce negative environmental impact of their operations.

Around €35million are available for the funding of projects through the Eco-Innovation initiative this year, with the European Commission funding up to 50% of the project's eligible costs for successful applicants.