Industrial new orders down by 6.4% in euro area
Industrial new orders down by 2.3% in EU27
Eurostat, the statistical office of the European Union, reports that in September 2011 compared with August 2011, the euro area (EA17) industrial new orders index fell by 6.4%.
In August the index rose by 1.4%.
In the EU27 new orders decreased by 2.3% in September 2011, after a fall of 0.3% in August. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders dropped by 4.3% in the euro area and by 2.1% in the EU27.
In September 2011 compared with September 2010, industrial new orders increased by 1.6% in the euro area and by 2.3% in the EU27. Total industry excluding ships, railway & aerospace equipment rose by 2.5% and 3.5% respectively.
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Ahh! Is there a reason? Probably not but decisions at Board Level in companies are made sensibly and thoroughly.
Malta has so much to offer that the advance of jobs in Science and Technology which is in offer with the bioethanol programmes (announced earlier this year with the €250 Million plus development to Malta Enterprise and the 300 or so jobs therein) together with the recently announced service industry jobs with TRC computing at nearly €100 Million and the promissory of up to 100 jobs is but the beginning of an even bigger picture.
I have recently read that a major development firm who specialises in ultra-thin-film photo-voltaic cell technologies (applied by spray-paint techniques has made an investigatory foray to look at establishing its European-Headquarters and its European Manufacturing base in Malta. Such a piece of advanced "State of the Art" technology in Renewable Energy systems that can be applied to any structure to generate P-V derived energy from buildings, roofs, civil engineering structures - even bridges, water treatment works tanks, airport roofs and the likes, etc etc. even years after these were built in the first place - at a cost projection that would reduce such P-V installations to around 15% of the current equivalent systems using hard film plates (the current Thin-Film P-V systems) is right at the fore-front of technology. From what We have read here is that this development would bring around €400 million of direct investment to Malta with an ongoing production facility capable of adding to the exports of around €150 million a year to the economy.
This is just the sort of opportunity that can make and break the fortunes of many and like the Bioethanol programme must be welcomed to Malta for supplying jobs for Technicians and Engineers and not just "hi-tech" positions devoted to computing or service jobs devoted to money and sales of property.
Now all we want to hear from Malta Enterprise and the Minister for Finance Investment and Economy is more encouraging signs that the Government is looking at these projects for all of our benefit,
