Arriva (Malta)

Type
Business expansion
Country
Malta
Region
Malta; Malta;
Location of affected unit(s)
Sector
Transportation / Storage
49 - Land transport and transport via pipelines
49.3 - Other passenger land transport
49.3 - Other passenger land transport
1,100 jobs
Number of planned job creations
Job creation
Announcement Date
20 November 2010
Employment effect (start)
3 July 2011
Foreseen end date

Description

Arriva (Malta) - a consortium formed from Arriva Deutschland a subsidiary of the German multinational Deutsche Bahn and Tumas Group - has sealed a ten year agreement with the Maltese government to be Malta's main public transport service provider. Arriva (Malta) shall invest €40 million and plans to employ 1,100 workers, which is more than double the number currently employed in the public transport sector. The agreement between Arriva and Transport Malta was signed on Saturday 20th of November thus marking the beginning of a new bus service which start operating on July 3rd 2011.

Sources

  • 20 November 2010: Times of Malta

Citation

Eurofound (2010), Arriva (Malta), Business expansion in Malta, factsheet number 71210, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71210.