Actavis (ACT) Dumps $18 Million In New Warehouse Facilities
6/26/2014 4:16:33 PM
Pharmaceutical company Actavis Malta today unveiled its state-of-the-art new warehouse at the Bulebel Industrial Estate – signifying an investment of €13 million. The new investment was inaugurated by Prime Minsiter Joseph Muscat and Economy Minister Chris Cardona.
The company was in the news for all the wrong reasons back in 2013 after it had to close down its Research and Development section – and lay off 68 employees – following a merger with US giant Watson. But according to company Managing Director Sergio Vella said the company is doing well and is in line with the objectives and targets it had set out.
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