The Stockholm-based Besedo company has announced it is setting up a centre in Malta to cater for its operations with regard to Content, Contact and Abuse management for the internet and media industry worldwide, particularly the iGaming industry. The project is expected to generate over 200 jobs in three years.
Investment, Industry and Information Technology Minister Austin Gatt yesterday met representatives from Besedo, which handles the outsourcing of business processes for its clients.
Besedo has been in business since 2002 and has since registered significant growth rates of between 50 per cent and 100 per cent per annum, which have led the Group expansion overseas in a relatively short period. Initially, Besedo started working with classified sites and from the beginning it managed to secure contracts from the largest classified sites in Sweden. Ever since, Besedo expanded its customer base throughout Europe with clients mainly within iGaming, classifieds and financial services.
Besedo also announced it will be investing heavily in educating and developing its local staff.
Dr Gatt noted that the significance of this investment is not simply the creation of more than 200 new jobs here but that a quality leap is being made in the nature of the business attracted to Malta.
The Back-Office sector in Malta is now earning respect internationally, the ministry said. Following yesterday’s announcement by Besedo, the Back-Office sector in Malta will now be employing over 1,000 people. These are 1,000 jobs that did not exist a few years ago.
“Once again our vision for the ICT industry and the many job opportunities it creates is being realised in jobs here and now. Unlike the Labour Party we are not converts to ICT. We have been its promoters here, recognised last year by the World Economic Forum as the second best promoter of the use of ICT worldwide. This was never an end in itself. Our objective was the creation of jobs in this new economic stream.
“It is also significant to point out that Besedo will be investing heavily in training, providing job opportunities to people who are yet to refine their skills. This is how we are all sharing in this wealth we are creating for our country,” concluded Dr Gatt.