The original features of his office will remain well retained, the company says. Significant items related to the setting up and development of the business, such as Mr Abela’s first business ledger and photos highlighting important moments from his life are showcased. Furthermore, items such as Mr Abela’s recently discovered school exercise book from 1966, showing his ability in translating excerpts from Julius Caesar’s De Bello Gallico from Latin into English at the age of 14, are also exhibited.

“What we admire most about our father are his values together with his clear vision and sense of purpose in life. He never shied away from taking difficult decisions when certain situations demanded such actions,” said Roderick Abela, Nectar’s Chief Executive Officer.

“After building the business literally from scratch and putting it on firm foundations, he has bequeathed us with a cherished legacy that we treasure both as a family and a business. Therefore, we decided to develop his office into a memorial room to celebrate his life and his legacy for many years to come,” the CEO added.

“Our main goals are to meet clients’ demands as well as to always look to better ourselves. Nevertheless, we must never lose sight of how our business was established. Therefore, the conversion of our founder’s office into a memorial room ensures that all those who are linked to the company, as well as clients that visit us, will always remember our founder and the hard work that went into building this organisation,” said Carlos Abela, Nectar’s Chief Commercial Officer.

The post Nectar Ltd to set up memorial room for late founder first appeared on The Malta Business Weekly.

The group is planning to invest in the construction of offices and hotels, teaming up with local market players, “after the due diligence of various assets is completed,” the press statement says.

“We expect two new projects in Ukraine this year and are entering the fifth market outside of Germany, Poland, Spain, and Malta. This will contribute to the further growth and development of the country,” said Sven von der Heyden, the head of the group.

Von der Heyden Group has been present in the European real estate market since 1989 in four areas: investment in real estate, development, the international hotel group IBB Hotel Collection, as well as alternative investments.


The post Developer Von der Heyden Group eyes Ukrainian market first appeared on The Malta Business Weekly.

The B2B betting firm is currently hiring for some positions for its new Philadelphia-based hub, including customer support and risk management roles, which will initially house a headcount of approximately 30. Kambi sees Philadelphia as the “best location for the business given the current prominence of sports betting regulation on the East Coast and its proximity to current and prospective customers,” the press statement says.

“The opening of a US office has long been part of our plans, and we have taken the time to carefully weigh up a number of different options to ensure we settled on the right location,” says Max Meltzer, Chief Commercial Officer of Kambi.

“In Philadelphia, we have found a city that ticks all the boxes – great proximity to customers, a people passionate about sports and high performing local universities. The team we are building will tap into that local talent and ensure we can provide an even greater level of service to our customers,” he adds.

Kambi reported Q4 revenue growth of 14%, and it powers some sportsbooks on the US East Coast, including Rush Street Interactive and DraftKings in New Jersey and Parx Casino in Pennsylvania. DraftKings launched its sportsbook offering in New Jersey last year following the repeal of PASPA in May and is the current market leader in online sports betting in the state.

Beyond presence in many other countries, Kambi is also licensed by the Malta Gaming Authority, and also has operations in the island country.

The post Kambi eyes opening office in Philadelphia first appeared on The Malta Business Weekly.