Related Articles:
March 11, 2013
As Malta becomes one of the hotspots for international investment, many Maltese companies are seeing a major boost to their business. M.C.M Maintenance Centre Malta is one such company that is growing and creating more Malta jobs for locals, with their latest acquisition of a hangar for more aircraft maintenance.
Job Creation
Started in December 2008 M.C.M Maintenance has grown substantially and increased their employment significantly particularly in the operations department. The company specialises in the repair and maintenance and aircraft, specifically in the overhaul of business jets. The company’s recent acquisition of a new hangar is thanks to a 5.5 million Euro investment, which means 40 new Malta jobs. The company operates from the islands but with its international clientele their need for an international law firm means even further job creation. The demand for larger aircraft has led to the need for larger facilities, as the current M.C.M Maintenance facilities cannot reasonably accommodate larger craft. The new hangar will be 2,400 square-metres and is set to be constructed adjacent to the current hangar.
Malta government has welcomed the news and as Tonio Fenech, Malta’s Finance Minister, has said that this is part of the massive aviation industry growth that Malta has seen over the course of the past five years. As part of the fastest growing industry, aviation in Malta has developed so much that many Malta jobs in this sector has called for more flight academics and further studying, which is great for the economy in terms of further tertiary educated citizens.
Aviation in Malta means more job creation, better quality of education and a bigger employment ratio, which at this stage means close to 1,100 more Malta jobs already actualized. The government continues to plough money into this expanding industry, and clearly with great results.
December 13, 2012
As one of the fastest growing economies in the world thanks to tourism and international investment, Malta business investments are increasing tenfold. The influx of Spanish tourists over the years, most notably 100 000 in the last year, has lead to a lucrative business relationship between the two countries.
Small Island Big Growth
With so much international interest in Malta companies and investing in businesses it comes as no surprise that the relationship between Malta and Spain is moving into high gear following a visit from Spain’s Ambassador to Malta, Felipe de la Morena Casado, along with thirty Spanish executives, to Malta.
The visit comes on the heels of the Maltese government punting the countries strengths at many international business forums. With a set vision in mind, the Maltese government has identified several sectors which they feel would give Malta business opportunities that it otherwise may not have the strength to build on its own. Everything from renewable energy, financial services, aviation and biotechnology are several sectors amongst the leading Spanish companies who are showing a huge interest in the island.
As part of the growth plan, these Spanish company leaders took meetings with several top executives of 62 of Malta’s strongest companies, and worked on plans and workshops that would assist with the growth of these companies. Everything from Maltese tax to small business growth was explored, and further visits look to be taken up in the near future. As Malta business grows with the international relationships going from strength to strength, Malta is fast becoming a leader in many global sectors.
December 12, 2012
The stunning tourist destination of Malta has become a hub of international investment with many countries eager to get on board and invest in the strong economy of the little country. So it would come as no surprise that Malta aviation is now looking to repeat the success of its land counterparts.
Taking on the World
Malta’s growth has expanded to transport and now it is rated as the seventh most capacious shipping register in the world. With shipping routes extending to every corner of the globe, Malta aviation has now launched a campaign to turn it into one of the most extensive sky services in the world.
As Malta was awarded the George Cross medal by Britain, for its resistance to naval and air raids during World War II, it stands to reason that Malta has the capabilities of owning one of the largest air and land transport infrastructures in the world. This campaign by the Malta Ministry includes a new civil aviation directorate as well as further improved land transport and overall communication between all sectors.
While the Maltese government moves to expand its ventures to and from Europe, the proposed Malta aviation campaign will no doubt be extremely advantageous for local and international Malta company incorporation. An international Malta aviation register will afford many positive aspects for other providers of additional aviation services. It’s also a coup for businesses who want to operate from Malta thanks to its prime geographical positioning and incredibly fruitful relationships with many international communities.
There has been an increase in international business ventures as Malta lawyers are on their toes with many investors enquiring about expanding into business on the island. As Malta aviation grows along with the business ventures, Malta looks set to take over the world.
December 9, 2012
It’s a small island that has been moving forward in leaps and bounds to compete with larger European counterparts. The Malta economy has come so far in the last two years that it statistics report it to have the second best economy in Europe. The stats, issued by Eurostat expressly state that the country has performed best amongst the 17 Eurozone member states.
Dynamite Comes in Small Packages
The stunning Mediterranean island is largely known for its magical tourism spots filled with rich history dating back 5 000 years, the Neolithic temples, 300 days of summer, and many street festivals centred around tradition. These have all drawn tourists to Malta like moths to a flame. However, just when it was thought the island had discovered it’s draw card of economic growth, the government went onto the international platform and marketed everything from Malta gaming, Skyparks, family businesses and the film location prospects, amongst many others, as the ultimate Malta economy investment opportunity – the results of which speak for themselves.
During the summer months the Malta economy came second to Estonia, with tourism investment playing a large part in the stimulation of Malta’s economy. Additionally the main sectors, which have registered mammoth growth, are retail, finances, manufacturing, and real estate, which has been at the forefront of a lot of press lately. Many stars have shown interest in purchasing property in Malta, and this makes it a particularly attractive property prospect for international investors.
The island is favourable thanks to the Malta tax law for incoming investors and family-owned local businesses. As the Malta economy moves on course to sail through a relatively rough economic climate, it has proved to the financial analysts that even with tough times, it doesn’t all have to be doom and gloom.
November 15, 2012
A new initiative by the Malta Arts Fund is set to give Maltese authors the opportunity have their books and work translated into any language of their choice. Launched on November 15, 2012, the Art Fund aims to provide local authors with the opportunity for international launching of their works.
Spreading the Word
Hot on the economic drive, Malta is becoming extremely popular with international investors, company formation in Malta, and several local businesses which are all benefiting from the global interest in the Mediterranean island. With the influx of investment and the growth of local business the Malta Arts felt it was time for the world to know what Malta offers in the way of written works.
The fund – aptly named Spreading Words – starts of modestly in the first year with only €20 000, but as time goes and the government is happy with the way the funds are being utilised, the sum could be increased. Minister of Culture, Mario de Marco has encouraged this initiative and looks forward to seeing the author industry grow. He has pointed out that recent studies indicate that a small amount of Maltese people like to read in their mother tongue, and now with the Malta Arts Fund behind the movement to spread the words the community of authors who faced a lack of readers due to language challenges will finally be able to garner a bigger audience.
The initiative is great, not only for readers and authors, but the Malta Arts Fund has also considered the job opportunities for translators and interpreters who would be translating the works. There is considering concern that reading in Maltese will fall away, but this viable concern is being tackled through the Malta Arts Fund as a means to keep the written Maltese word alive.
As international authors may possible begin to look to Malta for readership, their already popular works may bring the Maltese back to enjoying reading in their mother tongue. So while big businesses concern themselves with Malta tax treaties and big investment, the local community continues to grow and thrive under brilliant initiatives such as this one by the Malta Arts Fund.
