Prime Minister Robert Abela visited the Y&P Cranes facilities in Naxxar. This is a Maltese company that has benefited from the growth scheme and, with an investment of € 1.7 million, Y&P Cranes has continued to invest in a total of seven new cranes equipped with the latest technology.
In the presence of Y&P Cranes Director Raymond Gauci, Prime Minister Robert Abela said that in the last few days we have had three reports that have all given a strong certificate to the Maltese economy.
Here, the Prime Minister said that this was also due to the work of enterprises that have shown resilience like no other during unprecedented challenges and are now showing confidence to continue investing in our country and strengthen the labor sector.
“What Fitch, Moody’s, and even the European Commission have said, that Malta will continue to move forward on a path of economic growth should fill us with courage to achieve more. There are challenges and I can assure you that you will find a government like the one you found during a pandemic, “said Dr Robert Abela, co-chair of Y&P Cranes.
In this context, the business of Y&P Cranes, run by the Gauci family, continued to testify to the facts of the Prime Minister.
Founded back in 2000 by Raymond Gauci, Y&P Cranes today focuses primarily on crane rentals, sales, and tower cranes maintenance.
Although it started operations with only six cranes, the company has grown substantially and to date has imported more than 400 cranes; with another large amount of ready-to-export cranes.
Y&P Cranes has doubled the number of employees it employs in the last four years.
During the visit, the Prime Minister also noted the on-the-job training provided to the workers themselves in order to further improve their skills and offer a more efficient quality of work.
The director of the company Mr. Raymond Gauci said that nowadays the projects are very demanding and with the help of the funds issued by the scheme, the company was able to make the leap that always wanted and invested in more new equipment in order to meet customer demands.
“Our mission is to make construction sites more productive and safer with state-of-the-art equipment and a trained workforce,” said Mr Gauci.
Photos: DOI / OPM
