EUROPIPE SUMMARY OF 2018

EuroPipe has successfully organized a review of 2018 to look back on the past journey and orient for the next one.

Mr. To Nhat – Vice Chairman of AMACCAO Group highly appreciated the efforts and contributions of the Board of Directors and all EUROPIPE employees in 2018. “The EUROPIPE brand has only been present in the market for less than 5 years, the products have only been present in the market for less than 5 years. The company’s plastic pipes and fittings are of the same quality as the strong brands that have existed for a long time. However, the EUROPIPE brand is still unknown to many people. Therefore, the problem here is to change the habits of consumers when they are already familiar with other brands, now we have to help them access EUROPIPE products” – Mr. To Nhat said the Group Vice Chairman.

In 2018, EUROPIPE only completed the target set out at the beginning of the year, there was even a time when the production situation was slowed down due to fluctuations in the market, especially when the price of plastic resins spiked. Mr. Nguyen Van Vinh – General Director of EUROPIPE said: “This is a year that EUROPIPE has to face many difficulties and challenges from market fluctuations. The global price of plastic resins spiked, making the prices of products fiercely competitive. The Board of Directors has taken drastic action, with the direction of the Board of Directors of the Group, EUROPIPE has stood firmly in the market, stabilizing the work and income of the company’s employees. In addition, the company also expands the market in the Central and the South.

Mr. Nguyen Van Vinh – General Director of EUROPIPE

According to Mr. Nguyen Van Vinh, since the end of 2018, EUROPIPE has invited more leading Chinese experts to work directly at the factory in Pho Yen – Thai Nguyen. With the participation of foreign experts, EUROPIPE factory has completely changed its appearance, the production process is strictly checked, and production activities are increasingly professionalized. In particular, with the training and guidance of experts, EUROPIPE employees have made many improvements in product design and quality, which is highly appreciated by consumers.

In 2019, EUROPIPE’s Board of Directors set a goal to double that of 2018, continuing to follow the sustainable development strategy, improving the lives of employees of the company.

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