On the 10th Anniversary of the Establishment of the Subsidiary Hung Yen Knitting & Dyeing Co. Ltd

Industry: Textile and Apparel Manufacturing
Legal Area: Corporate Law

On the tenth anniversary of the establishment of the subsidiary Hung Yen Knitting & Dyeing Co., Ltd., the Chairman of the Board of Directors, avv. Laura Colnaghi Calissoni, together with the other members of the Board, the General Manager and the consultants of the controlling company Carvico S.p.A, visited the Vietnamese production facility.

The Italian delegation of Carvico S.p.A. had the honor of being invited to a dinner by the Italian Ambassador in Vietnam, Mr. Antonio Alessandro, and his wife Mrs. Paola Belfiore.

After only 10 years from its establishment, the subsidiary company has about € 38 ($ 44) million turnover and as at 31 December 2018 achieved a net profit of around  € 2.7 ($ 3.2) million.

A successful company that rewards the courage, vision and initiative of Carvico S.p.A. that the Pragma members who attended the general meeting of the association held last April in Bellagio had the opportunity to know and appreciate.

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