SR Technics intends to grow Malta operations

SR Technics, a world leading MRO service provider, has signed a non-binding memorandum of understanding (MOU) between Malta Enterprise and Malta Industrial Parks Limited in order to assess the possibility of expanding its current operations in Malta. As part of the MOU, Malta Enterprise will assess the possibility of making land available at Malta International Airport for SR Technics to expand its facilities. SR Technics will assess the opportunity to enhance its current operations at Malta International Airport. The parties intend to conclude their assessments with an aim to sign the binding contracts later this year. “We are excited to explore this new opportunity with Malta Enterprise and Malta Industrial Parks Limited to further develop our presence in Malta,” said SR Technics CEO Jeremy Remacha. “Malta offers an ideal location with a suitable business environment and a highly skilled workforce to deliver our operations. We are assessing a possibility to build a modern MRO facility which would allow us to significantly increase our capacity over the coming years.”