ARTICLE
23 September 2015

Malta's Industrial Production Amongst Highest Across The EU

CG
CSB Group

Contributor

Established in 1987, CSB Group offers diverse yet specialised business solutions and commercial services to a vast portfolio of corporate and private clients seeking to setup a business or relocate to Malta. With an 100+ team of qualified professionals we strive to be a partner of choice to our clients, providing them with tailor-made solutions, uniquely aimed at helping them succeed.
According to the latest figures released by Eurostat, Malta is among the EU member states that have registered the highest increase in industrial production over the past year.
Malta Strategy

According to the latest figures released by Eurostat, Malta is among the EU member states that have registered the highest increase in industrial production over the past year. Malta's industrial production increased by 7.7% in July of this year when compared to July of last year, as could be read in a marketing statement.

The Maltese government also stated that the growth rates of local industrial production is comparable to Malta's economic growth rate when compared to the rest of the euro zone as industrial production across this region increased by 1.9%, meaning that the figures for Malta are four times higher, as was the case with economic growth rate.

As local industrial production is higher than the rate registered in 2014 and had been on the increase since the beginning of this year, the Maltese government stated that it will continue to undertake efforts in order to ensure that local enterprises continue being able to provide employment for the local population.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More