New Manufacturing Plant to Open in Malta

Thursday, November 15, 2007
The Ministry for Investment, Industry and Information Technology, together with the Italian firm Finultra SpA, recently announced the setting up of a new manufacturing plant in Malta for the production of specialized equipment used by the maritime industry. The new manufacturing plant is expected to commence with operations in January under the Malta registered Maresi Ltd. Finultra, its Italian mother company has been in operation for over 70 years, and registers a turnover of over $54m. The Maltese plant which will be located at the Bulebel Industrial Estate will be manufacturing magnetic compasses and other electronically controlled devices used in the maritime industry. These products will be exported to European and North American markets. Maresi will also be conducting research and development of new electronic products in this sector. [Source: Malta Online]
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Coast Guard

EUCAP Nestor Train 30 Somali Coast Guards

On 21 October, the European Union’s Maritime Capacity Building Mission in the Horn of Africa and Western Indian Ocean (EUCAP Nestor) celebrated the successful completion of a two month Mentoring,

Video: USCG Medevacs Navy Sailor off Virginia

The U.S. Coast Guard (USCG) medevaced a man Wednesday from a Navy vessel off the Virginia coast after watchstanders at Coast Guard Sector Hampton Roads in Portsmouth

Boater Rescued from Sailboat Blaze

The U.S. Coast Guard assisted with the rescue of a boater Monday after the man's 33-foot sailboat caught fire five miles west of Windmill Point in the Chesapeake Bay.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1024 sec (10 req/sec)