€1.50
THURSDAY 20 JULY 2023 • ISSUE 215
WWW.BUSINESSTODAY.COM.MT
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Ragusa councillor claims
businesses face bleak future
with Maltese takeover of port
Thomas Smith
acquired by
PB Group
PAUL COCKS
BUSINESSES in the Sicilian tourist port
of Marina di Ragusa are concerned about
the future after a Maltese investor group
took over the port, a councillor on the
Ragusa council has claimed.
BusinessToday reported in October
2022 that Paul Gauci, owner of PAMA
Shopping Village and co-owner of PAVI
Shopping Centre, led a small group of
investors which finalised the purchase
of the marina in the southeastern tip of
Sicily.
Besides intending to launch a daily cat-
amaran link to Malta, Gauci seems intent
on developing extensive retail and resi-
dential units around the marina, as well
as refurbishing the existing ship repairing
facilities.
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GasanZammit Motors Ltd.,
Triq il-Merghat, Zone 1, Central Business District, Birkirkara CBD 1020
Tel: 27788225 email: volvo@gasanzammit.com | www.volvocars.com.mt
The Volvo XC60
PB GROUP, a Malta-based company
specialised in the delivery of high-
ly specialised engineering solutions
in the water and energy sectors and
a key regional logistics operator has
acquired all the operating companies
running the omas Smith insurance
and logistics businesses.
"is acquisition marks a very im-
portant milestone for PB Group, fol-
lowing which we shall blend the lega-
cy and strength of the omas Smith
businesses within our vision to realise
sustainable growth and increasingly
become a key contributor to the econ-
omy of the Maltese islands," Chairman
John Naudi said.
Paul Gauci led a small group of investors which finalised the purchase of the Marina di Ragusa in southeast Sicily
