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Actavis pharmaceuticals to extend its factory in Bulebel
Finance minister Tonio Fenech announced that pharmaceutical company Actavis is investing in €12 million on a new warehouse and research facility which will be adjacent to its factory.
13 September 2010, 12:00am
Martina Said
Martina Said
The warehouse is expected to be built over an area of 3,000 square metres, and is intended to improve the company’s operational capabilities following its recent expansions. The company has invested over €50 million since the beginning of its operation in Malta.
The minister, upon visiting the factory in Bulebel today said around 10% of the 600 employees at the factory are involved in research and innovation, and added that investment which yyields high-added value is welcomed in Malta.
Fenech advocated the manufacturing industry in Malta plays an important role in the country’s economic growth
Joe Tanti •
I have just seen TVM news in which there was a news item that Actavis Malta is expnding ,well and good. We saw the usual minister and his entourage jumping on the success of this company by trying to get political mileage out of this news. The supposed national PBS depicted this company as being a recent addition to our industry brought over by the PN administration.This far from the truth ,this company which wmployes about 600 has long been established in Malta. It was brought over by the Labour goverment in 1976, just as other as the other success story the SGS was.But somehow through this ommission PBS tried to sell us the story that it was a quiet recent arrival.Just a click on the ACTAVIS malta website will confirm this,but the PBS conviently chose not to do this ...Quo Vadis PBS? Well what do we expect when the PBS is literally up to its gills filled up by ex-NET employees put there by the Minister to bolster this crumbling establishment. A name change is required here for PBS, any suggestions? I propose NETTWO, how about it?
