Malta Enterprise has been re-appointed as an intermediary organisation for the Erasmus for Young Entrepreneurs programme which enables aspiring entrepreneurs, whether they wish to create a new venture or expand an existing one to international markets, to gain valuable skills and experience.
A book on the history of events leading up to the foundation of the Malta Development Corporation (MDC) which was eventually taken over by Malta Enterprise (ME) in 2004 was launched in celebration of the fifty years of the country’s national development agency. Written by the corporation’s long-time advisor Dr Mario Brincat, the book is entitled ‘Birth of the Malta Development Corporation: A Landmark in the Island’s Economic Development’ and outlines the corporation's role in Malta’s economic progress and development.
De La Rue has inaugurated a €27 million product authentication facility in Bulebel. The company will produce tax stamps, authentication and brand protection products, including brand labels for Microsoft, one of the world’s most famous brands.
The inauguration of the facility follows the signing of an agreement in March with the Malta College of Arts, Science and Technology (MCAST) to collaborate on new training programmes in printing and secure printing.
De La Rue has been in Malta for 40 years and nowadays employs 580 full timers.
Following the successful participation in the popular crafts fair L’Artigiano in Fiera over the past three years, the Commerce Department together with Malta Enterprise intends to take part in this year’s edition of the fair. being held in Milan between Saturday 1st & Sunday 9th December 2018. Further details about the fair can be found on www.artigianoinfiera.it
Crane Currency has officially inaugurated its state-of-the-art secruty printing plant in Hal Far, a €100million investment that will create 300 new jobs. The company is the second global security printing firm to operate from Malta after De La Rue, which has a long standing relationship with the country.
Key findings pertaining to Malta Enterprise’s performance for the period between 2013 and 2016 were presented to stakeholders and industry during a business breakfast discussing ‘Should Malta Attract further FDI?’ held on January 15, 2018.
Laboratorio de ProductosÉticos® and Cevomed Limited have signed a letter of intent with Malta Enterprise for the allocation of industrial space to set up a business in Malta under the name of Cetic Pharmaceuticals for the manufacture of pharmaceutical products in Malta.
Malta's economy in real terms has maintained its positive momentum, registering an impressive growth of 7.2% in the third quarter of 2017 when compared to the corresponding period in the previous year.
The manufacturing sector has also sustained its positive momentum. Indeed, data published by the National Statistics Office (NSO) shows that the gross value added (GVA) generated by the sector in the first three quarters of 2017 increased by 8.2% when compared with the corresponding period in 2016.
Malta consistently scored near the top of the league in a report about the design and delivery of digital public services in Europe. The study, carried out for the European Commission, provides an in-depth analysis of the progress made by European public administrations in their modernisation of service provision; and delivers the ‘baseline’ against which progress can be benchmarked.
Malta Enterprise has launched the Catering Capacity Building scheme with the aim of assisting hospitality and catering establishments engage a chef to support in capacity building, innovation, and in the development the operations. Eligible undertakings, including self-employed operators, will be supported through a tax credit representing a percentage of the eligible expenditure and wages of the international experienced chefs, up to a maximum of €10,000 per undertaking.