Foreign Investment

ProMinent Fluids expanding premises

Feb 27th, 2010 | By maltainc | Category: Foreign Investment

ProMinent Fluids, manufacturers of electronic equipment sensors and temperature measurement devices, is expanding its premises by means of a EUR5m investment.
The company, which currently employs 100 people, is expected to create 20 new job opportunities.
Finance Minister, Tonio Fenech, yesterday visited the ProMinent premises at the Bulebel Industrial Estate saying that the company’s decision to expand [...]



Cardinal Health expected to expand

Feb 25th, 2010 | By maltainc | Category: Foreign Investment

Cardinal Health, a leading American company which produces medical products, is considering an expansion of its Malta factory as part of a European restructuring process.
The factory, in Marsa, was visited yesterday morning by Prime Minister Lawrence Gonzi, who praised it for its efficiency and for scooping up six of eight awards given by the mother [...]



MoU between Malta and China expected to boost financial services

Jan 22nd, 2010 | By maltainc | Category: Foreign Investment, Services to facilitate business, Top Story, Tourism industry, Trade Finance

A Memorandum of Understanding between the MFSA and the China Securities Regulation Commission – which will open up Malta’s financial services sector to one of the world’s largest pools of private capital – is expected to be signed soon, The Times Business has learnt.
The signing of the MoU is the result of negotiations which began in 2008 and [...]



Malta Enterprise announces over €12 Million in grants for enterprise

Jan 21st, 2010 | By maltainc | Category: Economics, Foreign Investment, Information Communication Technology, Malta's competitive advantage, Scientific projects in Malta, Services to facilitate business, Software industry, Trade Finance

Following the success of the first two calls for projects to be funded under the European Regional Development Fund (ERDF) schemes Malta Enterprise is today issuing another €12.7 Million by opening up a third call for its seven ERDF Scheme.
This intended to co-finance projects relating to International Competitiveness, Business Start-ups, Innovation, Environment, Research & Development (R&D), e-Business, and [...]



Grand Harbour Marina announces bond issue

Jan 21st, 2010 | By maltainc | Category: Banking, Foreign Investment, Super Yacht/Luxury Yacht Industry

Grand Harbour Marina has announced the issue of €10 million of bonds with an over-allotment option of €2 million.  The bonds will pay interest of 7 per cent p.a. and mature in 2017-2020.  GHM is responsible for the development and operation of the state-of-the art yacht marina in Vittoriosa and has a long association with Camper [...]



Exploiting business opportunities in Austria

Jan 15th, 2010 | By maltainc | Category: Banking, Economics, Financial Services, Foreign Investment, Malta's competitive advantage, Tourism industry, Trade Finance

With a population of around eight million, Austria is one of the 12 richest countries in the world in terms of GDP, it has a well-developed social market economy, and a high standard of living. Next to a highly-developed [...]