The multinational company, Torrent Pharma, will be opening a Maltese subsidiary to be the European Logistics and Quality Control center for pharmaceutical products entering the regulated markets. The capital investment by this Indian company is € 22 million, with the creation of 120 new jobs in new facilities in Ħal Far.
In his speech, the Prime Minister Robert Abela explained how Malta has within it a strong number of pharmaceutical companies that produce a number of medicines for the whole world.
“We are proud of the environment we are offering to businesses in our country. We are offering the best human capital because our workforce is one of the most dedicated and hardworking that a company can find from around the world. This investment is also a testament to our economic vision as a Government, to attract investment and provide not only jobs, but quality careers. “