Lilama Corporation: First Shareholders' meeting

29/03/2016 16:20

This morning (29/3) in Hanoi, Lilama Corporation (LILAMA) has conducted the first shareholders' meeting. People attending the meeting were Mr Dang Van Long - Head of Financial Planning Department of Construction Ministry, Mr Dang Minh Thanh - Head of Enterprizes Management Department of Construction Ministry, Mr Nguyen Dinh Hai - Lilama Chairman of Member Board, Mr Le Van Tuan - Lilama General Director together with 242 shareholders representing 549 ones who have shares in the Corporation.

     In the meeting, all LILMA shareholders agreed with the report of production and investment plan in period 2016-2018 with main contents as follows: continuing to uphold achieved results so as to enhance the tradename value, reinforcing the labour force in the whole corporation, raising the capability of equipment manufacture, expanding the market of equipment export, increasing the market share of maintenance services and spare equipment manufacture for industrial plants, creating large competition inside and outside the country; affirming that Lilama is a leading brandname in Vietnam with the role of an EPC Main Contractor, manufacturing synchronous equipment lines of industrial projects, then coming to participating in global product chains of multi-nation companies and undertaking bids of construction & installation in foreign countries.

    We will maintain and develop strongly the market share of the activity as an EPC Main Contractor, a construction & installation contractor, enhancing the capability of equipment manufacture upto 85% in quantity and 70% in value for cement plants, 60% in quantity and 40% in value for power plants, contributing to reduce equipment import and saving foreign currencies for the country. We will also raise the capabilities of design, consultation, supervision and project management, purchase original technologies, develop the current consulting companies into specialized ones and gradually heighten the proportion of domestic work volume in order to enhance the EPC competence.

     We will promote the work of import-export, widen partner cooperations, expand market of equipment manufacture for power plants, cement plants and other industrial plants, increasing the export manufacturing turnover upto 60% of total equipment manufacture so as to participate in the global product chains and performing projects outside the country.

     After equitization, LILAMA sets up targets: arranging and innovating the organization & structure; reinforcing and developing the main business branches; developing manpower resources; building up the brandname LILAMA; building up the company culture ...

     The first shareholders' meeting of LILAMA Corporation has elected Mr Nguyen Dinh Hai as Chairman of Management Board, Mr Le Van Tuan as General Director of LILAMA JSC, Ms Nguyen Thu Trang as Chief of Controlling Section.

     Some photos of the Shareholders' meeting



Management Board, General Director and Controlling Section present themselves

at the Shareholders' meeting

Lilama Propaganda Section