De La Rue Announces Upgrade to Malta Site

September 2021

De La Rue has announced a major investment to expand its existing facilities in Malta, in order to create a 29,000m2 manufacturing site. The expansion will double De La Rue Authentication’s manufacturing capacity for tax stamps and brand protection labels, and provide a more flexible, agile and environmentally-friendly manufacturing footprint for its Currency division.

Today, De La Rue Malta exports to 85 countries around the world and generates €30 million per annum for the local economy. The facility produces tax stamps, authentication labels, polycarbonate datapages for passports, and banknotes. This financial year, De La Rue will produce a total of over 14 billion secure documents at the Malta site.

In addition to doubling its tax stamp and label capacity, the investment will extend De La Rue’s Industry 4.0 journey, with manufacturing fully integrated with the company’s traceability software platforms, DLR Certify and Traceology®, it said. This underlines the strong growth experienced by the Government Revenue Solutions business, which has led to the doubling of revenues for the Authentication division in the last three years.

Security labels for excise products and brands remain a critical element in digital interoperability for track and trace schemes, and the division continues to invest in software solutions and physical security features to enable products to be serialised and secured anywhere around the world.

The investment is supported by Malta’s economic development agency Malta Enterprise and by the government of Malta. Malta Enterprise is tasked with attracting new foreign direct investment as well as facilitating the growth of existing operations. This project reflects the ongoing strong relationship between De La Rue and the government of Malta.

This project is a progression of De La Rue’s strategy, it says, aligning to and supporting the Turnaround Plan for both divisions. Approximately 100 new jobs will be created in Malta by 2024.

De La Rue’s relationship with Malta dates back to 1860, when it printed the country’s first stamps, and it became the supplier of Malta’s banknotes in 1918, continuing as the sole supplier until Malta adopted the euro in 2008. It opened a purpose-built printworks there in 1975, and built a second facility in 2008. In 2015, it announced the decision to pull out of banknote production in Malta, but reversed this decision the following year, creating a Centre of Excellence for Security Print as part of a €27 million investment and closing down its printworks at Gateshead in the UK instead, which ceased production last year.

During this year alone, De La Rue Authentication’s new or extended tax stamp and brand protection contracts include a five-year renewal extension of its longstanding contract with Microsoft for the provision of physical and digital brand protection technologies, used by Microsoft’s retail, Xbox and OEM channels through a dedicated licensing platform.

Also this year, De La Rue was awarded contracts by Bahrain’s National Bureau for Revenue and the General Tax Authority of Qatar for the provision of digital tax stamp and traceability programmes on a number of excise goods including cigarettes, shisha and a variety of beverage types. This brings the total number of Gulf Cooperation Council states using a tax stamp and traceability model provided by De La Rue to four, with the UAE and Saudi Arabia already using such a model for a number of years now.

Also in this issue:

  • Wood Phosphorescence – a Sustainable Alternative for Security Inks?
  • Colnago Goes Digital to Protect and Strengthen its Brand
  • News in Brief
  • VDS Gains Wider Acceptance for Travel & Non-Travel Documents & Objects
  • Fingerprint Technology in the Age of COVID
  • Regulators Get Tougher on Food Traceability
  • Regional Banknote and ID Document of the Year Awards to Go Online for 2021
  • Upcoming Events

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