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.

Related

Mark Vassallo Cesareo / LinkedIn

Mark Vassallo Cesareo dubs P71 vessel delivery a ‘wonderful and momentous milestone’

27 March 2023
by Fabrizio Tabone

The Viroc International Limited Managing Director thanked Cantiere Navale Vittoria and the Armed Forces of Malta for making his dream ...

Why Malta? ‘The question is more: why not Malta?’

25 March 2023
by Jo Caruana

GO CEO Nikhil Patil explains why expats can expect to feel ‘welcomed, celebrated, and totally at home’.

‘The Maltese have been extremely open and friendly’ – Iniala CEO Mark Weingard

24 March 2023
by Jo Caruana

He says investment is made easier since ‘you can, at any point, speak directly with the decision makers in government ...

‘Progress was overshadowed by impairment of legacy positions’ – FIMBank CEO

24 March 2023
by Fabrizio Tabone

Adrian Alejandro Gostuski was commenting on the group’s performance in 2022, which saw it record a €23 million pre-tax loss.

Close Bitnami banner
Bitnami