Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/9291
Title: The Malta drydocks corporation (A)
Authors: Pandey, I. M.
Keywords: Malta Drydocks Corporation
Issue Date: 4-Oct-2010
Abstract: In the beginning of 1988, Mr Sammy Meilaq, chairman of the Malta Drydoeks Corporation (MDC), was wondering what he should do to turn around the ailing enterprise which had registered the lowest sales of Maltese Lira (Lm) 18.9 million and the highest ever loss of Lm 8 million in 1987. MDC had also accumulated an outstanding debt of about Lm 40 million, and had been incurring an interest liability of over Lm 2 million every year. It was with great hope and efforts that the management of MDC was transferred to workers in 1974. The workers certainly would not have liked MDC to be closed down or transferred to private or government ownership. Himself a trade unionist, Mr Meilaq would be the last person to shatter the confidence and hopes of workers.
Description: Vikalpa, Vol. 18, No. 4, (October-December, 1993)
URI: http://hdl.handle.net/11718/9291
Appears in Collections:Journal Articles

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