PRESS RELEASE BY THE MINISTRY FOR THE ECONOMY, ENTERPRISE AND STRATEGIC PROJECTS

This morning, the Ministry for the Economy, Enterprise and Strategic Projects was informed by Carlo Gavazzi International that, in view of the company's regionalisation strategy, it will be relocating its Malta-based plant to Mexico and China in the coming months.

The Ministry is deeply concerned about the impact of this decision on the dedicated employees who have contributed to the company's success in Malta over many years. Their wellbeing and future are our immediate priority.

The Government has already initiated discussions with Carlo Gavazzi and other key stakeholders to ensure that every affected worker receives full support. This includes assistance in securing alternative employment and access to training opportunities where required.

Malta's robust labour market continues to generate demand for skilled talent, and the Government remains committed to working closely with industry to align these opportunities with the workers impacted by this development.

The Ministry will maintain ongoing communication with employees and their representatives to safeguard their interests throughout this transition.

The Government of Malta is dedicated to fostering a dynamic and resilient economy. We will continue to support initiatives that promote innovation, sustainability, and job creation, while reaffirming our commitment to the growth and competitiveness of Malta's manufacturing sector.