German company CEO warns Malta to ‘ensure right conditions to compete’
German company CEO issues stern warning to Maltese to preserve right conditions to allow more room for competitiveness.
ProMinent Malta chief executive Viktor Dulger has warned that it was “up to Malta to ensure as a location for manufacturing, maintains the conditions which allow it to compete successfully. In order to achieve this, it is essential to promote the skills and knowledge of highly qualified employees and to keep wages, energy costs and taxes at the right level.”
Speaking in the presence of Prime Minister Lawrence Gonzi who inaugurated ProMinent Malta’s €5 million expansion programme, which includes a new electronic products assembly line, Viktor Dulger also stressed that "it is essential that the administrative processes do not become too complicated. As little bureaucracy as possible and fast ways of reaching the decision-makers are the secret recipe. We see how difficult it has become in Germany to solve issues related to these sectors Do not let it get that far in Malta. Then, I am sure that ProMinent Malta can continue looking ahead to a bright future."
Dulger said the plant now occupied an important position in the German-owned company's international activities and products made in Malta, such as sensors, electronic units and diaphragms, were used in various applications where sophisticated metering processes were required. Exports are made to 40 countries.
The German firm set up its subsidiary in Bulebel in 1988. It now employs 100 workers.
Viktor Dulger thanked the workers and the authorities, particularly Malta Enterprise, for their support
Prime Minister Lawrence Gonzi, stressed his government's commitment to invest in education so Malta could have the skilled workers whom investors were seeking.
Gonzi said that Malta had a flexible economy in which high value manufacturing was an extremely important component.
He commented positively on the fact that a large percentage of the employees at ProMinent are women who returned to employment after a career break, in line with government policy.