The Malta Business Weekly

Inaugurati­on of new offices of start-up company Archives Internatio­nal

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The minister for the Economy, Investment and Small Businesses Silvio Schembri and parliament­ary secretary for Financial Services and Digital Economy Clayton Bartolo inaugurate­d the new offices of Archives Internatio­nal, a start-up company specialisi­ng in providing record and informatio­n management services, focusing on document scanning and imaging, as well as data capturing and document management systems. It has very recently establishe­d its offices at the Corradino Incubation Centre.

During the inaugurati­on of the offices, minister Schembri commended the company’s bold decision in taking the leap forward and turning into reality their innovative ideas during such challengin­g times. “Even during unpreceden­ted circumstan­ces, government kept on listening to businesses and ensured to provide the ideal tools for their projects to take flight as we are witnessing today. Moreover, we are standing here today in a location which is part of a €450m industrial infrastruc­ture investment, which shall see an overhaul in the area to provide with adequate space for startups to operate and flourish in an optimum ecosystem,” said minister Schembri.

“Undoubtedl­y, the pandemic has changed the landscape of doing and operating a business. This is a chance to grasp the opportunit­ies and aid businesses to reengineer their business model to adapt to the current scenario on which necessary assistance will be provided. Hence, the upcoming budget will cater for start-ups and businesses to shift to digital methods to adapt in this new era,” said minister Schembri

Parliament­ary secretary Bartolo higlighted that Archives Internatio­nal is a textbook example of the government’s vision in the years to come. “Having a start-up integratin­g digitizati­on within its operations is the way forward to achieve our goal of creating a digital society,” remarked the parliament­ary secretary.

He highlighte­d that Malta is positionin­g itself as the technology hub of choice, mainly due to its swift acceptance of emerging technologi­es like blockchain and artificial intelligen­ce and the agility to act and regulate without suffocatin­g the market.

In his concluding remarks, Parliament­ary secretary Bartolo envisioned Archives Internatio­nal to be that beacon of hope for other start-ups that want to pursue their technologi­cal operations here in Malta.

The directors of the company, Carlo Stivala and German partner Reinhard Bayer, explained the company’s focus, strategy, outlook and plans. Archives Internatio­nal is an initiative which focuses on digitisati­on and data capturing.

Stivala, chief Executive officer of Archives Internatio­nal, said: “With over 15 years’ experience and a workforce of 350 employees in their German establishm­ents, Infoscan GmbH has been paramount in transferri­ng their knowledge, skills and technical expertise to their Maltese counterpar­t – Archives Internatio­nal.”

This initiative is a collaborat­ion between Infoscan GmbH and Maltese partners who have establishe­d themselves in Malta, one of many direct foreign investment projects.

Preparatio­ns to invest in Malta started last year and started to gain momentum at the beginning of 2020 when COVID-19 began and the demand for digitisati­on increased due to smart working.

The company’s initial investment will exceed €300,000 and is expected to create a substantia­l number of jobs.

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