AX Group wins gold award for family business of the year at the Malta Business Awards

AX Group 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 accolade recognises the Group’s “commitment to family values, innovation, and its enduring contributions to Malta’s business landscape,” wrote the company in a statement.

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, Mr Xuereb reflected on the Group’s journey: “From a young age, I aspired to achieve success in my career. 50 years ago, I started with just two employees; today, AX Group directly employs over 1,200 people.”

Mr Xuereb expressed that his greatest satisfaction in life comes from his family. He shared that he has always encouraged his children to follow their own paths and build their success on values such as creativity, determination, and integrity.

He noted his pride in seeing Claire Zammit Xuereb head the Hospitality and Care divisions and Denise Xuereb lead the Development, Construction, and Real Estate divisions, “both excelling in their respective fields.”

He also highlighted that while every project brings new challenges, they always face them together as a family.

Photographed from left to right: Claire Zammit Xuereb, Director of Care and Hospitality, Denise Xuereb, Director of Construction and Development and CEO of Real Estate plc, Angelo Xuereb, Chairman at AX Group, and Paul Abela, President of the Malta Chamber of SMEs.

The Malta Business Awards, held at the Mediterranean Conference Centre in Valletta, celebrated excellence in Malta’s business landscape.

Recognising achievements in categories such as sustainability, innovation, and social impact, the awards shined 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,” added the company.

Written by

Nicole Zammit

When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.

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