The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(61 - 63) Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
600 jobs Number of planned job creations
Announcement Date
18 September 2006
Employment effect (start)
18 September 2006
Foreseen end date
18 September 2011
Description
The US-based Atlas Technolgy Group (Atlas TG), specialising in software applications, launched its headquarters in Malta on 18 September 2006. The company currently employs 20 people in Malta and invested about USD 4 million in the start-up phase. Atlas TG will offer routine application software services to clients with large IT needs. It plans to employ around 600 people within the next five years.
Sources
19 September 2006: The Times of Malta
19 September 2006: Malta independent
Citation
Eurofound (2006), Atlas Technology Group, Business expansion in Malta, factsheet number 64140, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64140.
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