Wholesale and retail trade businesses accounted for 17% of the total registered units in 2018. Financial and insurance activities claimed 15.6% of the total pie; professional, scientific and technical activities reached 12.4% and administrative and support service activities came to 8.2%, according to the NSO release.

The Business Register (BR) provides one of the most detailed local business profiles in Malta, and is classified by economic activity according to the NACE (Nomenclature Statistique des Activités Économiques dans la Communauté Européenne) classification of economic activites in the European Union, the NSO report says.

The full report including charts and visual representation of data is available for download at the website of NSO.

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“Today we are here because we can continue seeing growth in the aviation sector, another pillar of the economy which contributes to 2.5% of our country’s gross domestic product,” the minister said when visiting Transport Malta’s offices where he presented SmartLynx with their Air Operator Certificate (AOC). “We want to turn the 315 aircraft to 400 this year, and the 35 AOCs to 40. This is our plan,” minister Borg stated.

The minister acknowledged the work of the Civil Aviation Directorate within Transport Malta. The authority has recently reached a number of agreements with Japan, South Korea, Ghana and the Ivory Coast. Minister Borg added that discussions are underway toward reaching agreements with South America as well as strengthening relationships with several countries in the sector, including Brazil.

“After all this is a sector that creates more than 3,200 jobs — specialised jobs — and that is also why we will continue working to see the aviation industry grow, toward more investment, toward more connectivity and toward more jobs,” the minister said.

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