Issue link: https://maltatoday.uberflip.com/i/702141
maltatoday, SUNDAY, 10 JULY 2016 II Property & Construction A new generation for one of Malta's most versatile groups AX Construction Ltd estab- lished since 1976 provides building services to institutions that recognize the value of a partner who works diligently and creatively to find the best possible solution for each particular project. With an annual consolidated construc- tion volume averaging Euro 7 million, AX Construction ranks highly in major segments of the construction industry. AX Construction maintains a staff of around 100 employees, performing work on various projects every year. The AX Holdings Group came to life in 1975 when its founder and chairman Angelo Xuereb embarked on a very long journey that has lasted 40 years to date and is still going strong. This is the amazing journey of a successful entre- preneur who started off with a small two man business and turned it into a multi sector magnetic empire, now em- ploying an entourage of well over 700 people. Mr. Xuereb has always had his heart set on the construction business and this sector was the key contributor leading to huge growth and expansion in other sectors. The AX construction division today is in the hands of Mr. Xuereb's daughter Denise Xuereb. Having worked closely with her father over the past few years, she is handling this sector very efficiently and with high quality standards AX Holdings is one of Malta's leading private companies giving a major and direct contribution to the national economy. Through years of hard work and setting goals, the company has reached levels that are constantly breaking new ground allowing it to build a solid reputation. The drive to move on and ahead stems from the phi- losophy that change gener- ates progress and progress generates wealth. Its thirst for achievement is the driving force behind the AX Holding's Group. Moreover, the more insurmountable the challenge, the stronger the determination. With over 40 years of con- stant developments that have taken place in various sectors of the Maltese economy, AX Holdings has undoubtedly a vast history that makes it a success story. From devel- opments in Construction to Hospitality achievements, the Group has grown and expand- ed in a large number of fields. Right from his early days the Chairman believed that diversi- fication was one of the keys to success and his determination saw him getting involved in the hotel industry as well as that of construction. Since then the Group has become very active in the hospitality industry as well as other major develop- ment projects, either as sole owners or in partnership. His most recent project is the €40 million Hilltop Gardens. As well other major projects such as the 'Construction of a visitor centre including the restoration of the St. Pauls Catacombs, Rabat, Restoration of Wigna- court tower, St. Pauls Bay, Concreting and steel structure works at the new parliament, Valletta, restoration of Birgu landrfront fortifications and ditch, and other major and private projects around the Maltese islands In the Eighties tourism started to grow rapidly in Malta and the group's vision immediately reflected its own growth into hospitality through the setting up of two seaside hotels, the Sunny Coast Re- sort & Spa and the Seashells Resort at Suncrest. Along the years it continued to expand with more Sliema proper- ties that included 4 star The Victoria Hotel, the 200 year old Palazzo Capua as well as the luxury 5 star city business hotel The Palace. CONTINUES ON PAGE IV Carmelo Stivala Group How long has Carmelo Stivala Group been in the business? Carmelo Stivala Group has been in business for more than two successful years. However one has to bear in mind that the Stivala family has been operating in the construction business for more than 37 years through various companies. How has the industry changed over the years for you as one of Malta`s leading and established contractors? Like any other industry, the construction industry changes and evolves all the time depends on the change in the customer's needs. These tend to vary a lot from one year to another. How has this affected the operation for you as well as for the clients? Since our clients are be- coming more quality oriented, our daily challenges are becoming harder to achieve but as a company we always strive the meet the client's expectations. What do you think about the future of the industry in Malta? There is a bright future for the construction industry on this beautiful island. The only thing that can secure our future in this business is that we keep providing a high end product with an outstanding sterling service. If you could change one thing about the industry what would it be and why? The only negative aspect that we have to face on a daily basis in our industry is that departments are still very bureaucratic and this will affect our time frames which will cost us a lot of time and money What advice would you give to consumers seeking properties? The clients are to have a good look at what's available on the market before making their final decision. The only advice we give to the custom- ers is that one is to consider the whole package and not only the price. Quality and service are the most impor- tant aspects in our product. Don't decide only on price but also on quality! The drive to move on and ahead stems from the philosophy that change generates progress Angelo Xuereb and daughter Denise