Mur Lura
Minister Bonnici inaugurates Malta's 45th German Enterprise
PR1695
18/10/1996
18/10/1996
| Economic Services Minister, Prof. Josef Bonnici, today inaugurated | Bandulet Dental Ltd., the 45th German company to set up operations in Malta. Mr. Thomas Pichon, company director, said that their decision to invest in Malta came about after considering several factors. These include Malta's imminent membership in the European Union, the well-known efficiency and good work ethic of the Maltese, English-speaking, workforce and Malta's geographic position and highly developed infrastructure, so important to a company like Bandulet, which manufactures on a just-in-time management philosophy. |
| Minister Bonnici said "Bandulet has earned a reputation for | quality, competence and an ability to meet deadlines. Translated in real terms, this is what ensures for the company a leading position on the market. This striving for excellence is precisely what will make Bandulet Malta part of this success story. There has been an acceleration in the degree of interest shown by German firms setting up in Malta over the last 9 years. This, no doubt, has come about as a result of a number of factors that have placed our country in a very competitive position in the European and Mediterranean milieu." |
| Out of the 45 companies that have set up operations here, 28 have | started their activity in Malta after 1987. One of the advantages that Malta is able to offer as a manufacturing location is that local labour costs are highly competitive when compared to Germany, while our human resources are able to sustain the rigid control systems that ensure the highest standards required by advanced manufacturing systems. The Malta Development Corporation implements Government economic policy of encouraging Small and Medium sized manufacturing and service concerns to invest in Malta. It offers an attractive incentives package as well as effective marketing strategies. |
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