Local laundry company Portughes announced that it is investing €2 million in the expansion of its current Mriehel premises whilst also launching a spin-off company, Laundry Concepts, offering an automated 24/7 laundry service.
Through this investment, assisted by Malta Enterprise, the company will be reaching out to international markets.
“The pandemic has brought with it many challenges, but with the help we have received from Malta Enterprise we have continued with our operations so that we have been able to make this expansion as well as diversify a new niche that we must finally start exporting,” company Executive Chairperson Ian Attard Portughes said.
Portughes’ investment was announced by Enterprise Minister Miriam Dalli during a visit to the company led by Mr Portughes and CEO Mario Duca.
“Portughes is another example of the resilience and determination of the Maltese, in a time of pandemic they saw to invest in both infrastructure and their staff,” Minister Dalli said.
“The investment has led the company to diversify and create a new and unique project in Malta, using our ecosystem as their test base, which would enable the company to reach out to international markets,” she concluded.
Are university degrees still must-haves for corporate jobs? Walmart doesn’t think so
University degrees still offer a route into industry, but nowadays, there are different ways of getting a dream job.
‘The yachting community in Malta is at a pivotal moment’ – MaritimeMT CEO
Pauline Micallef was speaking after Yachting Malta took part in the Cannes Yachting Festival.
Upgraded S&P rating is ‘recognition of BOV’s support for Malta’s economic development,’ says CEO
He said that the improved rating comes ‘despite unprecedent circumstances which have affected both the local and international markets’
‘He is remembered fondly’: 24 years since passing of Debono Group Founder Michael Debono
He was the entrepreneur who brought the Toyota car brand to Europe more than 60 years ago.
