Anton Borg and Kristina Christie have resigned from their positions as Executive Directors of Impresa Ltd, the company’s financing company IG Finance plc announced on Wednesday.
Furthermore, the pair have also left their roles as Executive Directors of IG Finance.
Additionally, IG Finance shared that Matthew Borg, who was Non-Executive Director of the financing company and Impresa Ltd, has also resigned from his positions. Mr Borg, a plastic, reconstructive and aesthetic surgeon, had joined the company in 2020.
Impresa Group is mainly involved in the manufacture of high precision plastic injection-moulding, sheet-cutting and sheet-thermoforming, and electrical installation products. It is the main shareholder of Elepac Limited, which produces high precision injection-moulding products primarily for the electronic and toy industry.
Over the years, the group has diversified its trading operations through the supply of a wide range of electrical cable, as well as the warehousing and distribution of consumer packaging media for the industrial sector. IG Finance was incorporated in 2016 with the aim of acting as the financing company of Impresa Ltd and its subsidiary undertakings.
In 2022, the group underwent a number of changes, particularly the move of all of its operations to a new facility at Ħal Far Industrial Estate, a project it has been working on for four years. Impresa Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) for 2022 stood at €1.4 million.
Impresa Group's facility at Ħal Far Industrial Estate / INDIS Malta / Facebook
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