Malta investment insights: Melita Chief Executive Officer Harald Roesch

Harald Roesch has been the CEO of Melita – one of Malta’s foremost telecommunications companies – since 2016, after having helmed other European companies operating in the sector, including blizoo (Bulgaria) and Kabel BadenWürttemberg (Germany). Prior to his move to Malta, he also spent six years working with leading global management consulting firm, McKinsey&Co.

What are the benefits of living in Malta, as an individual and as a business leader?

Since I am European, and Malta is, of course, part of the EU, working in Malta has been a relatively simple, unbureaucratic step. Being in the industry that I’m in, I really appreciate the connectivity Malta enjoys – Malta is the only country to have nationwide gigabit internet, 5G and NB-IoT networks. Of course, I am biased, but when I travel and struggle with a slow internet connection or no mobile signal – even in other European countries – I am reminded that sometimes we take this unique strength Malta possesses for granted! Malta’s sunny climate, rich history and the Mediterranean way of life are also appealing. Since I first joined Melita, I’ve really noticed a difference in the variety and quality of foods available; today we can enjoy the renowned health benefits of the Mediterranean diet, but also enjoy cuisines from across the world. Having English as an official language is an added benefit.

What would you say are the pros and cons of investing in Malta?

From an investment perspective, Malta’s economy has experienced the highest growth in the EU in the past years. Malta’s compact size can be a limitation, as there are obvious limits to market growth, which often results in stiff competition between local players. From Melita’s perspective, this is a reason why we have a distinct team focused on melita.io, with the remit of growing our IoT (Internet of Things) business beyond Maltese borders.

What advice would you give those who are considering making Malta their home?

We are all different, so, as with any new move, do your homework. Think about what you want from where you live, think about what you enjoy doing, and what opportunities the move will bring. If possible, come to Malta and visit different neighbourhoods and schools. If coming for work, visit potential offices to see whether you feel you would fit in. From a professional perspective, working in a smaller country can mean that your remit is much broader than a role in a bigger country. Some people will enjoy that, others may feel overwhelmed or stifled by the smaller horizons.

What advice would you give those who are considering investing in Malta?

Malta’s steadily growing economy offers ample opportunities for businesses to thrive. One of Malta’s biggest advantages is its EU membership and its adoption of the euro. This not only facilitates trade and commerce but also promotes political and financial stability. This robust financial health, combined with its low inflation rate – especially when compared to some other EU countries – makes Malta a reliable place for investment. The Maltese workforce is well-educated, but due to the strong economy and low unemployment rate, recruiting might be challenging.

This feature was first carried in the Malta Invest 2024 edition. Malta Invest is the first-ever comprehensive international investment guide focusing on Malta as a destination. It is produced by Content House Group.