7-YEAR ESTABLISHMENT AND DEVELOPMENT OF LISEMCO 2

On February 1^st 2008, LISEMCO 2 Joint Stock Company was officially established in An Lao district of a port city. After 6 months from establishment, financial crisis and economic recession happened, all enterprises had to suffer from financial storm. However with the determination of Leader Board and enthusiastic people in fabrication, mechanic and erection, LISEMCO 2 Joint Stock Company got over the difficulties and reached many achievements.

Let's look back 7 years of development, the fact that a mechanic enterprise with 7 years of experience is too young. But after reading the number and major targets, we are very proud of what we have reached in 7 years:

In 2009, production value: 91 billion Dongs, Turnover: 68 billion Dongs

In 2010, production value: 139 billion Dongs, Turnover: 108 billion Dongs

In 2011, production value: 250 billion Dongs, Turnover: 182 billion Dongs

In 2012, production value: 350 billion Dongs, Turnover: 285 billion Dongs

In 2013, production value: 535 billion Dongs, Turnover: 400 billion Dongs

In 2014, production value: 610 billion Dongs, Turnover: 500 billion Dongs

In 2015, trying to reach production value: 780 billion Dongs, Turnover: 650 billion Dongs

Strategic orientation of Company to 2019, the turnover will reach 1,000 billion Dongs. LISEMCO 2 will become: “The strong center of equipment & steel structure fabrication, taking part in projects as an EPC Contractor of nationwide industrial and civil projects”.

If we look into the chart, we will see the development of output and turnover following 45° angle. Being one of the first people from the established day to now, there are many factors in existence and development of the company: we need to try to increase capacity, quality of products and corporate governance level.

LISEMCO 2 obtained success like today because of:

- Having a proper strategic

- Having skilled workers, enthusiasm with works

- Knowing to bring high technology to produce and business in order to increase labor capacity

- Knowing to apply advanced management model, trying to develop, and keeping faith with customers

Although LISEMCO 2 has many difficulties, we still have much enthusiasm, responsible staffs. There are some people working even in Sunday because of strict works and short time schedule.

After 7 years of establishment and development, LISEMCO 2 Joint Stock Company is more and more stable and tries to become one of the big fabrication and erection equipment and steel structure unit, with high reputation. We were known and worked with not only by domestic contractors but also foreign contractors such as: JEL (Singapore), Marubeni (Japan), Toshiba (Japan), Hyundai Corporation (Korea), Toyo (Thailand), ShinMaywa (Japan), IHI (Japan)…

Typical projects in fabrication and installation of LISEMCO 2 are: Son La  hydropower plant, Hong Phong cement Project (in Lang Son province-Vietnam), Coke coal production plant, Hoa Phat Thermal Power Project, Vung Ang 1 Thermal Power Plant (in Ha Tinh province-Vietnam), Barh Thermal Power Plant (in India), Mong Duong 1 Thermal Power Plant, Nghi Son 1 Thermal Power Plant, Noi Bai airport extension project, Cochrane Thermal Power Plant (in Chile),  Dinh Vu polyester fiber plant,  DAP 2 chemical plant (in Lao Cai province-Vietnam), Lam Son extension sugar plant, Tuyen Quang sugar plant, Bac Giang fertilizer plant, Thai Binh 1 Thermal Power Plant, Thai Binh 2 Thermal Power Plant…

During the past time, continuous efforts of LISEMCO 2 are recorded with:

- 03 certificates of merit from Vietnam Chamber of Commerce and Industry (VCCI)

- 07 certificates of merit from Vietnam construction sector union

- Certificates of constructions, high quality projects in fabrication and erection with International contractors

With guideline “Quality is survival of an enterprise”, LISEMCO 2 constantly developing and completing, trying to contribute in the modernization, maintaining trade mark in mechanic of the country.

                                                                 Le Dinh Tu-Deputy General Director

LISEMCO 2 JOINT STOCK COMPANY