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€33-million investment generating 132 new jobs within the Safi Aviation Park

Prime Minister Joseph Muscat announced a €33-million investment generating 132 new jobs within the Safi Aviation Park. Dr Muscat together with Dr Chris Cardona visited ongoing works for the development of the Aviation Cluster in Malta, including the building of 3 new hangars by Malta Industrial Parks, the construction of a hangar for the repainting of commercial narrow body and wide body aircraft, the building of a new hangar by Medavia to be leased temporarily to SRT, and the business expansion of SRT.

Playmobil Malta Ltd. investing €30 million in expansion

Playmobil Malta Limited is embarking on a major expansion programme that involves the construction by Malta Industrial Parks Limited of a 16,000 sq.m. extension to the company’s present factory and an investment by the company of around €30 million over a three year period which will eventually lead to the creation of more than 200 new direct jobs.

Malta Enterprise launches Malta's membership in the EMBO EMBL Network

On the occasion of the International Biomedical Laboratory Science Day held on Friday 15th April 2016, Malta Enterprise launched Malta’s membership in the European Molecular Biology Organisation (EMBO) and the European Molecular Biology Laboratory (EMBL) network. The launch was followed by a Scientific Seminar organised by the University of Malta.

Business Women's Mission to Oman

Following an agreement signed last year between Malta Enterprise and Bank Muscat of the Sultanate of Oman, a delegation made up of 12 businesswomen travelled to Oman, to explore joint collaboration between the two countries in the field of entrepreneurial pursuits.  The businesswomen came from the following sectors: education, marine, real estate, information communication technology, waste management, consultancy, home décor and fine arts.

Together with Bank Muscat, Riyada, the Public Authority for SME Development in Oman, also contributed in the preparation of this visit.

Founder of Prominent Group of Companies Passes Away

Professor Viktor Dulger, founder of the German Group of companies Prominent, world leaders in advanced technology for the treatment of water and other fluids, passed away on Tuesday 22nd March 2016 at the age of 81.

The Prominent Group has production sites in Germany, Brazil, China, Czech Republic, France, India, Ireland, Netherlands, Sweden, USA and Malta.

Professor Dulger first visited Malta in 1985 and soon after decided to establish a production facility here. Only a few weeks ago, Prime Minister Dr Joseph Muscat inaugurated a new expansion of Prominent in Bulebel.

Strong GDP Performance

The latest Gross Domestic Product News Release for 2015 published by National Statistics Office show very encouraging results. In real terms the economy grew at the rate of 6.3%. This is one of, if not the highest real GDP growth rate recorded in the EU28 during 2015 (as a number of countries still need to publish their results).

Gross value added generated by the Maltese economy in 2015 amounted €7.7 billion. This represents an increase of €626.3 million(+8.9%) on 2014 levels.

National Employee Skills Gap Survey Launched

The National Commission for Further and Higher Education (NCFHE) in partnership with the Employment and Training Corporation (ETC) and Malta Enterprise (ME) has launched an Employee Skills Gap Survey. The objective is to gauge the extent of the existing skills gap and to provide policy makers with the information necessary to identify the potential shortcomings of the Maltese labour market that could be hindering companies from finding employees with adequate skills.

Malta Enterprise assisting high value added start ups through private equity and crowd funding

Malta Enterprise is launching aStart-up Finance scheme.  The measure was announced in the 2016 Budget speech andaims to assist the development and growth of small start-ups in their early stages of development through repayable assistance.  Companies mainly engaged in manufacturing, information technology, research & development, biotechnology, pharmaceuticals and life sciences can benefit from the scheme.

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