Preview

Pomina-Vietnam Analasys

Satisfactory Essays
Open Document
Open Document
353 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pomina-Vietnam Analasys
Pomina Steel Company was established in 1999 with chartered capital 42 billion VND and the capacity of 300,000 tons/ year. Their main businesses are iron and steel production, recycling of scrap metal and trading of steel products.
Pomina is one of the most trustworthy brands in producing steel in the south of Viet Nam and is the first firm in the south gets 2 certificates about quality and environment ISO 9001, ISO 14001.
Start up in Binh Duong was considered like the good land to grow the firm. They put the quality on the top of concern to create the difference and the comparative advantages in the intensive competitive environment, so the founders has selected to invest in leading technological lines of steel lamination is Vai-Pomini and Simac from Italy.
In 2002, Pomina can provide for the market above 600,000 tons of laminating steel per year. In 2005 Pomina invested in Phu My industrial zone to build the draft refining company with the capacity 500,000 tons/ year. This was also the first refining company using Consteel technology in Viet Nam and the 20th in the world.
In 2007, the total capacity of Pomina’s companies reached 500,000 tons of refining and 600,000 tons of laminating per year. Besides serving domestic customers, Pomina also exported to Cambodia and by 2006, the revenue of exportation was 20 million USD.
In July 2009, Pomina increased the chartered capital to 820 billion VND by separate issue and they were accepted as a public company by The State Securities Commission.
On the other hand, Pomina run a lot of social activities and charity in trying helping poor people, which make them have a lot of favor from society, customers and create the development more and more.
In April 2010, Pomina made its initial public offer on the HCM City Stock Exchange (HOSE) with the par value of 48,000 VND per share. The list code of the company is POM. The number of listed shares was 80 million shares and separate issue of 10 million shares for

You May Also Find These Documents Helpful

  • Good Essays

    “Going from a private to a publicly traded entity can expose significant added expenses exhausting Riordan Manufacturing just in associated fees, advertising, and legal wrangling, not to mention claims upwards of “15 to 20 percent of the stocks total initial value” (Money, 2012, Para. 3). “The process of a taking a private company is a long, complicated affair that can take as long as two years to complete, according to the Reference for Business website “(Money, 2012, Para. 1). The fees associated with taking a firm public could cost possibly the…

    • 912 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Prada IPO

    • 899 Words
    • 4 Pages

    Following a series of expansions and acquisitions in the early 2000s Prada has found itself with a large amount of debt maturing over the next year. Since Prada is challenged with raising €1 billion to cover loans maturing in the coming year, the analysts at GCP have researched several options for the board to consider. These alternatives include issuing sort term bonds, forming a joint venture, and completing an IPO. Considering the pros and cons of each option while heeding the concerns and preferences of the Prada family, GCP recommends the board pursue an IPO. Outlined in this memo the board will read the rationale behind pursuing the IPO as well as information on alternative options.…

    • 899 Words
    • 4 Pages
    Good Essays
  • Good Essays

    This was the fourth component of Nucor’s strategy by jointing ventures and licensing new technology. Unfortunately, the company did not currently have any plans to build and operate outside the United States. The only company operated foreign plant was in Trinidad. Location is considered Nucor’s weakness. The company only has 59 facilities in 17 states, but don’t have plants in different countries. With this limitation, completion becomes involved and all potential clients begin to look for other options to buy from other steel company closest to their…

    • 1922 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Precision Worldwide

    • 1575 Words
    • 7 Pages

    Precision Worldwide,Inc (PWI) is a manufacturing company of industrial machines and equipment for almost 90 years. One of their plants located in Frankfurt, Germany, produces a particular model at a price ranging from $ 18,900 to $ 28,900. Moreover, the plant has another department that manufactures steel retaining rings. These rings are considered as an integrate parts of the machines they are actually manufactured. This department can sell their rings either internally or externally because they are a large market and demand.…

    • 1575 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    - 1949 communist victory in Chinese civil war heightened fears of the Vietminh ( during Truman)…

    • 399 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Nucor Corp Case 1

    • 866 Words
    • 4 Pages

    For more than 20 years the Nucor Corporation has been one of the leading manufacturers of steel and steel related products in the world. With their technology advancement, low debt ratio, decentralized type of organization and many more, this company still thrives to achieve better goals in their company. Aside from the positive views of the company, it also faced problems like bankruptcy. (te pakidagdagan n lng)…

    • 866 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Philippine Sinter Corporation started its operation in year 1977 and since that time it has continuously operated and has accumulated a production record of 125 million tons in 2008. During PSC’s long history, enormous kinds of activities have been carried out to make progress in both operation and administrative fields. Ever since, PSC is playing the important role as processing company supplying sintered ore for JFE steel. In responding to the high steel demand recently, PSC is continuing to enhance its performance in both production and quality in order to pursue much higher productivity of JFE Steel blast furnaces.…

    • 6040 Words
    • 25 Pages
    Powerful Essays
  • Satisfactory Essays

    we are the leading company of magnesium production lines both at home and abroad,in the year 2011,we have signed an annual output of 100000 tons of magnesium metal project with the world iron and steel giant Korean Pohang iron POSCO company.…

    • 332 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    History of Vietnam

    • 373 Words
    • 2 Pages

    Lessons of History and Lessons of Vietnam DaviD H. Petraeus This article was first published in the Autumn 1986 issue of Parameters. One of the few unequivocally sound lessons of history is that the lessons we should learn are usually learned imperfectly if at all. —Bernard Brodie1 Trying to use the lessons of the past correctly poses two dilemmas. One is the problem of balance: knowing how much to rely on the past as a guide and how much to ignore it. The other is the problem of selection: certain lessons drawn from experience contradict others. —Richard Betts2 Of all the disasters of Vietnam, the worst may be the “lessons” that we’ll draw from it. . . . Lessons from such complex events require much reflection to be of more than negative worth. But reactions to Vietnam . . . tend to be visceral rather than reflective. —Albert Wohlstetter3 Of all the disasters of Vietnam the worst could be our unwillingness to learn enough from them. —Stanley Hoffman4 In seeking solutions to problems, occupants of high office frequently turn to the past for help. This tendency is an enormously rich resource. What was done before in seemingly similar situations and what the results were can be of great assistance to policy-makers. As this article contends, however, it is important to recognize that history can mislead and obfuscate as well as guide and illuminate. Lessons of the past, in general, and the lessons of Vietnam, in particular, contain not only policy-relevant analogies, but also ambiguities and paradoxes. Despite such problems, however, there is mounting evidence that lessons and analogies drawn from history often play an important part in policy decisions.5 Major David H. Petraeus is an Assistant Professor in the Department of Social Sciences, US Military Academy. He is a graduate of the Military Academy and the US Army Command and General Staff College, and he holds an M.P.A. from Princeton University’s Woodrow Wilson School of Public and International Affairs. Major…

    • 373 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Company Profile of Honda

    • 1572 Words
    • 7 Pages

    PT Astra Honda Motor 3 Plant and working facilities at 6 different Locations around Jakarta, produces > 10,000 MC/day…

    • 1572 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Case on CVP

    • 1787 Words
    • 8 Pages

    With the above vision and mission Mr. Som Prakash Anandi founded Anandi Steel in the year 1963. Since its inception the prime focus of the company was to achieve breakthrough synergy in production of steel with specialty grades like austenitic, martensitic, IS 403, IS 407, IS 409, IS 410, IS 411, IS 412, IS 413, IS 421, IS 423, IS 425.In addition they also engage in production of specialist steel services for various industries like aircraft industry, consumer industry, automotive industry, turbine industry, ancillary industry, packaging industry, construction industry. It achieved cost leadership through, several methods like, optimized production practices, mergers and acquisitions, cost cutting, achieving record level of resource utilization as well as investing in training.…

    • 1787 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Audit Practice

    • 4932 Words
    • 20 Pages

    The main activity of the company is to refine and manufacture petroleum products. The company's products include gasoline, diesel, liquefied petroleum gas (LPG), propylene, jet fuel, aviation turbine fuel and sulfur. It’s divided into 2 operations which are Upstream and Downstream operations. Their Upstream International operation concentrates on the efficient development and extraction of natural gas and crude oil offshore Sarawak and Sabah. Its operation also converts natural gas to liquid hydrocarbon products and markets the products globally. On the other hand, the downstream activity is mainly focus on manufacturing, trading, supply, distribution, and marketing with selling gasoline, aviation fuel, diesel, fuel oil, liquefied petroleum gas (LPG), bitumen, lubricants and others. Their Projects & Technology department provides some business which includes technical services, technology capability and major project delivery in both activities.…

    • 4932 Words
    • 20 Pages
    Powerful Essays
  • Better Essays

    PP Ltd began business in 1980 as a manufacturer of roof tiles. The company was formed as…

    • 1591 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Reino Trading Case Study

    • 946 Words
    • 4 Pages

    Reino trading specialize in purchasing and exporting of different kinds of machines, heavy duty generators,…

    • 946 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    When Ha was in Vietnam, she showed traits of being brave (Similar to other refugees), and caring. In Vietnamese tradition, a male must wake up extra early on Tet (The Vietnamese equivalent of New Years’) to bless the house with his luck. Ha decided to wake up even earlier than her brother, to bless the house instead. “Tap my big toe to the tile floor” (Thanhha Lai, pages 2-3) This quote shows How incredibly brave Ha is. By tapping the floor first, she goes against all of her family’s traditions because she is bitter that her brothers get to bless the family with their luck. Analogous with Ha, the Bosnian refugees also are very brave. One teenager named Emir, talked to Scholastic about life before the war, during the war, and afterward. While…

    • 827 Words
    • 4 Pages
    Good Essays