The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.2 - Support activities for transportation
550 jobs Number of planned job creations
Announcement Date
25 November 2006
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2011
Description
Lufthansa Technik is to expand its operations in Malta by investing between EUR 50 and 60 million in new aircraft maintenance facilities. The facility, which will be the first outside of Germany to handle large aircrafts (Airbus A330 and A340 Aircraft) should start running as early as in 2008 and will eventually create 550 new jobs. The company's links with the Malta College of Arts, Science and Technology (MCAST) which offers courses for aviation maintenance technicians were essential for the success of this project.
Sources
26 November 2006: The Malta Independent
26 November 2006: The Sunday Times
Citation
Eurofound (2006), Lufthansa Technik, Business expansion in Malta, factsheet number 64513, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64513.
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