Hudson Group has announced the appointment of 10 additional directors to its various boards, as follows:

Executive directors: Ray Grech, Hudson Holdings Ltd; Ritianne Grech, Hudson International Company Ltd; Martin Gregory, Hudson Holdings Ltd; Indrek Heinmets, Business Development International; Felice Ilacqua, Time International (Sport) Ltd; Gianluca Salute, Urban Jungle International and Urban Jungle Sneakers; Nicolas Vidal, Business Development Morocco, Business Tunisia and Premium Brands.

Non-executive directors: Victor Spiteri, Hudson Malta plc; Kevin Valenzia, Hudson Malta plc; Brian Zarb Adami, Hudson Malta plc.

Hudson Holdings CEO Alfie Borg said:  “The original five directors and shareholders, George Amato, Etienne Camenzuli, Kevin Grech, Chris Muscat and I, have laid solid foundations, bringing growth for the company both locally and internationally. Our continuous efforts together with the energy of these new directors will enable Hudson to remain at the forefront of an ever-evolving market while furthering its operations both in Malta and internationally.”

Hudson Group is an international retailer and distributor primarily involved in the sport and fashion wear sectors. The group’s head office is located in Malta but is also present in Italy, Spain, Morocco, Tunisia and Algeria. Though Hudson Holdings was founded in 2006, the group’s roots reach as far back as 1987 when the first pair of Nike was sold in Malta.

Both locally and internationally, the group represents brands and franchises like Nike, Converse, River Island, New Look, United Colors of Benetton, Timberland, 3INA, Crocs, Kiabi, Tommy Hilfiger, GO Sport and own branded stores like Urban Jungle and Shoe Shack.

New €100 and €200 banknotes

The European Central Bank has unveiled the new €100 and €200 banknotes, which will enter into circulation on May 28, 2019. After the €5, €10, €20 and €50, the €100 and €200 banknotes are the last two denominations of the Europa series, and therefore mark its completion.

The new €100 and €200 notes are a different size to the old €100 and €200 notes. Both denominations are now the same height as the €50 banknote. However, their length remains unchanged – the longer the note, the higher the value. Since the €50, €100 and €200 banknotes are now the same height, they can be more easily handled and processed by machines.

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