05 July 2006

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Business Today

AX Holdings signs partnership agreement with FOI

AX Holdings and the Malta Federation of Industry (FOI) have signed a 18-month collaboration agreement between them. Angelo Xuereb, Chairman of AX Holdings and Adrian Bajada, FOI President, signed the agreement at the new ballroom in Palazzo Capua, Sliema, on Monday in the presence of Claire Xuereb, General Manager of The Victoria Hotel, and Wilfred Kenely, FOI Director General.
Speaking during the signing of the agreement, AX Holdings Chairman stated that this agreement is a further commitment by AX Holdings to support the Maltese business community and to play an active role in the economic development of the country. “AX Holdings is a major player in the country’s construction and hospitality sectors and, in this context, we are glad to assist the Malta Federation of Industry as one of the most important constituted bodies in our country.
It is with this in mind, that we continue to seek new ways of extending our collaboration to these institutions, in the hope that what we are doing with the Malta Federation of Industry today, will encourage other trade partners to also seek new initiatives in helping to cement sound trade relations among the island’s various industrial sectors,” said Xuereb.
Thanking AX Holdings for its confidence in the Federation, Bajada said that through this agreement, AX Holdings establishes its position as one of the Federation’s official Sponsoring Partners, which will contribute not only by sponsoring a number of FOI activities to be held throughout the year, but also by studying the possibilities of offering FOI members special benefits at the various hotels forming part of the group.

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