MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
GRTU President Paul Abela has attended the second Maltese-Russian Business Forum hosted by the Chamber of Commerce of the Russian Federation with the participation of the Minister for the Economy, Investment and Small Business of Malta Honourable Chris Cardona; Ambassador of the Republic of Malta in Russia His Excellency Carmel Brincat; President of the Moscow Association of Entrepreneurs Mr Andrey Podenok and the President of the Gozo Business Chamber Mr Michael Grech.
The Forum highlighted the importance of further development of a mutual beneficial trade and economic relations between Malta and Russia.
Malta’s successful development of modern electronics, as well as pharmaceuticals, automotive parts, aircraft components and software is a favorable investment climate and is interested in foreign investments from countries such as Russia. Malta is also popular as a tourist destination and offers various educational programmes for students that wish to learn English. These factors alone generate multiple opportunities for both countries to invest and establish economics relations.
The Russian Chamber of Commerce expressed that Malta is an interesting, prospective partner for Russian entrepreneurs. The organisation stated that recently the Maltese and Russian business contacts grew significantly. GRTU will also continue to work with these organisations to share opportunities of business investment in both countries.
GRTU members that are interested in Business opportunities in Russia can contact Elaine Zammit on
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).