Maltese firm ‘one to watch’

MALTESE aquaculture technology firm AquaBioTech Group has been named as ‘One to Watch’ in a list of business excellence published by the European Business Awards.

The company was chosen as it demonstrates exceptional achievement in one of the 12 European Business Awards’ categories.

It has been nominated for the Award for Innovation and, if successful, will then take part in the grand final in May 2018, where the final 12 European winners will be announced.

Over the past two years, AquaBioTech Group has doubled its revenues, increased its staff by 40 per cent, expanded its research capabilities and penetrated new markets.

Pierre Otto, CFO of AquaBioTech Group, said: ‘What makes all of this special is that it was achieved by organic growth, driven by a team of highly motivated people.

‘We believe that our journey has just begun and we are looking forward to years of exciting growth which lie ahead.’

Adrian Tripp, CEO of the European Business Awards, Europe’s largest cross-sector business competition, said: ‘We wanted to recognise more widely the many incredible business success stories from across Europe.’

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