Malta; Malta;
Location of affected unit(s)
Malta Shipyards Limited
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

926 - 1,626 jobs
Number of planned job losses
Job loss
Announcement Date
18 June 2008
Employment effect (start)
8 August 2008
Foreseen end date
31 December 2008


In June, Malta's Prime Minister announced the start of the process leading to the privatisation of the company Malta Shipyards Limited. The process will include voluntary early retirement schemes. The company, employing about 1,626 workers in 2008, has been operating at a loss for many years. During the pre-accession talks, the government agreed to stop subsidizing the company by the end of 2008.

The government aimed to have no more than 450 to 700 employees by the time the company is sold. By reducing the number of workers, the government expects to attract foreign investors. As of September 2008, 1,485 workers have already applied for the early retirement schemes.

Information on the trade union’s reaction to the decision to privatise Malta Shipyards is available on the European Industrial Relations Observatory (EIRO).


  • 7 August 2008: Malta independent
  • 19 June 2008: Malta independent
  • 1 October 2008: The Times of Malta


Eurofound (2008), Malta Shipyards Limited, Other in Malta, factsheet number 67178, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67178.