Prime Minister Robert Abela, accompanied by Dr Lydia Abela, inaugurated a new factory from the Sterling Group in the San Juan industrial area.
The Group has invested € 4 million to meet the growing demand that the company is experiencing and has experienced over the last few years, with the main aim of this infrastructure investment being to remain as providers of the best service to local and international customers.
The Prime Minister noted how the inauguration of this factory took place on the same day that positive results on economic growth were published and it became known how in the first nine months of the year the investment was more from € 2.6 billion, exceeding pre-pandemic levels.
In this context, Dr Abela said that businesses are reaping the fruits of these results, results that are only possible with the support and determination of businesses. “I was able to experience all this while talking to various people who are working on this new investment that we inaugurated today,” said the Prime Minister.
According to the company’s Chairman, Alfred Fenech, the management of the group never predicted that 45 years ago, a business enterprise that started from a small shop in Bugibba, would lead to the company’s growth by substantially with the second generation of the whole family playing a major role in their respective departments.
The new factory will meet the main objectives of the Sterling Group: firstly to grow the local market and, secondly, to keep the product manufactured in our country growing internationally.
Sterling Jewelers CEO Romina Grech Fenech said the building was the result of the Sterling Group’s vision of continuity: reaching a new high in the jewelery industry.
Prime Minister Robert Abela and Ms Lydia Abela wished the Sterling Group leadership that it currently employs more than 100 people and that through this investment it will be employing more workers.
The Sterling Group has 25 shops in different locations, offering both imported and locally manufactured jewellery.
