MIDI plc has beaten off stiff competition to secure its place as one of the 15 Maltese companies vying for the European Business Award being sponsored by HSBC. MIDI will compete for the coveted Ruban d’Honneur in the next round of the competition.

The final category award winners will be unveiled in Paris on 16 November.

MIDI CEO Ben Muscat comments, “After years of work on the residential, commercial and restoration elements of the project we’re absolutely thrilled to be selected to represent Malta.

It’s an honour to be recognised as one of the leading organisations in our country and in our field. The European Business Awards is widely recognised as the showcase for Europe’s most dynamic companies. We’re looking forward to the next round of the competition where we’ll be competing across Europe to receive a Ruban d’Honneur and hopefully win our respective category.”

The European Business Awards is dedicated to raising the visibility and progress of companies who excel in delivering innovation twinned with successful commercial results whilst acting responsibly and positively affecting the social environment they operate in. In 2009, the 99 Ruban d’Honneur recipients had a combined turnover greater than €570 billion and recorded an average annual profit growth of 56 per cent.