Vneco2 Electricity Construction Joint Stock Company (UPCoM: VE2)

- VNECO 2 Electricity Construction Joint Stock Company (VE2), formerly known as a center of electric distribution network design and construction was established in 1990. In 2004, The company transformed its business model into a Joint Stock Company. The Company's principal activities include construction and installation of power projects (hydroelectric plants), construction of power transmission projects (transmission lines and substations up to 500 KV). Civil engineering and manufacturing of construction materials. The main business of the Company is to construct electrical projects, power grids and transformer stations up to 500 KV line. Currently the company and 10 specialized construction units account for about 2 - 5% of the market share of construction nationwide. Its competitors include Power Construction Installation Co., Ltd. No. 2 (PCC2), Power Construction Installation Co., Ltd. No. 4 (PCC4), Power Construction Installation Co., Ltd. No. 1 (PCC1), Installation And Electric Construction JSC. (IEC), Energy JSC., Song Da 11 JSC., and subsidiaries of the holding company. The company has participated in completing many big projects such as: Construction of 500 kV 1 circuit of North - South circuit: 25.8 Km. 500kV of 2 circuits Quang Ninh - Thuong Tin: 4.5 Km. To renovate and expand many transformer stations such as Hung Dong and Thach Linh. Completed construction of 173,036 m2 of sidewalks, roads, parking lots ... VE2 has been traded on Hanoi Stock Exchange (HNX) since July 26, 2010. Collapse