Last Updated on Tuesday, 26 November, 2024 at 3:12 pm by Andre Camilleri
AX Group is proud to announce that it has been awarded the Gold Award for Family Business of the Year at the Malta Business Awards 2024, organised by the Malta Chamber of SMEs in collaboration with Malta Enterprise. This prestigious accolade recognises the Group’s commitment to family values, innovation, and its enduring contributions to Malta’s business landscape.
Founded by Angelo Xuereb 50 years ago, AX Group has grown into one of Malta’s leading organisations. Operating across diverse sectors including Hospitality, Care, Real Estate, Development, Construction and Renewable Energy, the Group remains a family-led business.
Speaking at the award ceremony, Angelo Xuereb reflected on the Group’s journey:
‘‘From a young age, I aspired to achieve success in my career. Fifty years ago, I started with just two employees; today, AX Group directly employs over 1,200 people. However, the greatest satisfaction in my life is my family. I have always encouraged my children to follow their own paths and build their success on the values of creativity, determination, and integrity. I am proud to see Claire heading the Hospitality and Care divisions and Denise leading the Development, Construction, and Real Estate divisions, both excelling in their fields. Every project brings new challenges, but we always face them together as a family.’’
The Malta Business Awards, held at the Mediterranean Conference Centre in Valletta, celebrate excellence in Malta’s business landscape. Recognising achievements in categories such as sustainability, innovation, and social impact, the awards shine a spotlight on organisations that drive positive change and inspire growth within the local economy.
As AX Group prepares to mark its 50th anniversary in 2025, flagship projects such as the Verdala Wellness Hotel, Verdala Terraces, and the ODYCY development showcase its forward-thinking vision, ensuring the Group remains at the forefront of innovation and sustainability while delivering long-term value for the wider community.
