Prime Minister Robert Abela, accompanied by the Minister for Transport, Infrastructure and Public Works Chris Bonett, visited the new offices of eCabs Technologies in St Julian’s. eCabs Technologies, which forms part of the eCabs organisation, is a Maltese company that has fully developed a ride-hailing technology platform currently operating in several European countries. During this visit, the company announced it will be expanding its operations to Berlin, Germany and Bristol, United Kingdom.
The company, which began its operations from an office in St Julian’s in 2009, is today delivering more modern mobility solutions in various regulated markets across Europe.
During this visit, Prime Minister Abela met with the founder and CEO of the company, Matthew Bezzina, the executive team, and several employees in a dynamic and innovative environment that employs over 250 people. Together with the company’s leadership, they discussed Malta’s potential as an innovation hub and the international impact the company is making.
The Prime Minister explained how the growth and achievements of this company are testimony to how vision and dedicated work can yield great results. “The international expansion of eCabs Technologies is evidence of the potential of Maltese companies to excel and compete globally.”
This historic step for a Maltese company came following the completion of an €18 million technology development programme, one of the largest locally funded projects, supported by the Malta Development Bank and the Bank of Valletta.
The Prime Minister also stated that the role of institutions such as the Malta Development Bank is crucial for companies like these to continue to grow and strengthen their position in international markets. “This is not just a success story but a model for many other Maltese start-ups with the ambition to reach foreign markets,” concluded the Prime Minister.
The expansion in Berlin, through the innovative Femride ride-hailing service for women, as well as in Bristol, the first city in the United Kingdom to adopt this platform, brings eCabs’ operations to five key markets, including Malta, Athens, Bucharest, Berlin, and Bristol.
Another market outside the European Union is expected to be announced in the coming weeks.
Photo: OPM/DOI
