STK Europe Limited has relocated to Malta, setting up offices at SmartCity.
STK operates in the mobile telephony and electronics sector and aims to be a leading European distributor of mobile phones, televisions and digital cameras, among others.
The company, which has just launched a new project, Console Planet, a commercial website where avid gamers can purchase a wide range of items, including the latest video games , the best consoles and accessories, aims to employ 30 people in future.
An STK representative said the choice of Malta was part of the internationalisation process of the STK group which had outgrown the Italian market and was now opening up to the UK, France and Spain.
"Malta presents an ideal geographical location, a stable economy, tax efficiency and a pleasant climate for our international staff completeness."