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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Coast Guard

Crew of USCG Cutter Thetis to Return today

The crew of the Coast Guard Cutter Thetis, a 270-foot medium endurance cutter based out of Key West, Florida, is scheduled to return to homeport Tuesday at 11:45 a.

Lake St. Clair Grounded Bulk Carrier: Update

The Coast Guard says it continues to monitor the response and salvage operations to the 656-foot HK-flagged bulk carrier 'Federal Rideau', hard aground in the downbound shipping channel of Lake St.

South Korean Teens: Left to Escape Sinking Ferry

Students testify no help came from crew; Coastguard rescuers were passive, only pulling passengers out. Crew in a state of panic, witness says. Six teenagers

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
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: 0.0886 sec (11 req/sec)