The orientation of PVMachino

Company information
icon date22/07/2023

PVMachino – Petroleum Machinery and Equipment Joint Stock Company with the top strategic goal of constantly learning – developing and improving the company. Motto for success: unity, discipline, creativity, efficiency.

As a supplier of equipment and materials

With the goal and long-term development strategy, PVMachino has strived to become a strong and sustainable company. Key supplier of machines, materials, equipment and After-sales Service for oil and gas, electric power and industry.

Main services of PVMachino

  • Materials and equipment for thermal power plants
  • Medical equipment
  • Anti-corrosion service
  • Scaffolding rental service
  • Factory premises
  • Export and import consignment

Achievements of PVMachino

PVMachino Company is one of the potential and prestigious partners through key business activities: machinery and equipment, technical services, trading in commercial goods…

As one of the leading companies in activities in such fields as: operating and supplying equipment and materials for domestic and foreign companies in the oil and gas field. Replacement of spare parts, processing for repair work. Supply of raw materials for agricultural, forestry and service production, labor export.

In addition, PVMachino is also a large supplier specializing in wholesale and retail distribution of construction materials for projects and projects. At the same time, the company also provides equipment and spare parts for hydro and thermal power plants.

PVMachino’s successful projects include:

  • Construction project of fueling system for Tan Son Nhat airport
  • Thai Binh low pressure gas project
  • Traffic sign project Hai Phong – Hanoi toll station
  • Project of pre-clinical practice center of Thai Binh University of Medicine and Pharmacy

All of the above projects have contributed to the initial success of PVMachino in its field of operation. At the same time, the company also affirms itself as a potential unit worthy of competing with large companies and enterprises in the international market.

Developing multi-industry joint venture cooperation

Currently, PVMachino company has been and is directly a large retail distributor of goods, full service construction equipment and materials for many stores across the country.

PVMachino is a joint venture distributor of Siemens

Siemens is a global electronics-technology corporation, a famous brand from Germany representing great achievements in engineering, electrical product innovations, and machine oil equipment.

With a history of more than 170 years of establishment, and the advantage of operating in more than 200 countries and regions, Siemens has attracted many customers and investors in the international market.

Recently, the company has cooperated with PVMachino in the service of electrical sockets and switches. Chairman of the Board of Directors of PVMachino – Mr. Pham Van Hiep said that nearly 65 years of presence in the market. The cooperation between the company and Siemens will contribute to the great success of its business.

This also marks that PVMachino becomes a strong, sustainable company, a potential partner to attract many investors.

Electrical equipment and machinery products always ensure quality, bring outstanding features, luxury, high-end design and customer satisfaction.

Coming to PVMachino, customers will be served with professional advice and support in designing products to suit their needs and purposes, along with thoughtful product warranty services.

Subsidiaries, affiliates of PVMachino

Da Nang Petroleum Machinery and Equipment Joint Stock Company (Daesco) is a subsidiary of PVMachino and a huge dealer of Mitsubishi Motors in Vietnam.

In 2019, Daesco achieved peak revenue in the vehicle business with VND 806 billion, equivalent to 1,356 cars sold.

Currently, Daesco is still managing a number of land plots located in Da Nang city: number 53 Tran Phu with an area of 218.8m2; 51 Phan Dang Luu: 1,806.8 m2; 495 Nguyen Luong Bang: 3,241.6 m2; 10 Nguyen Phuc: 15,356 m2…

On the other hand, Daesco has also been leased land by the State with a term of 50 years to invest in the construction of Mitsubishi Daesco Hue – Southeast Thuy An new urban area (Thua Thien Hue).

Looking for domestic and foreign cooperation opportunities

PVMachino has a great advantage as a joint venture with the following companies:

  • FCC Vietnam Co., Ltd. with a capital of 10%,
  • Vietnam Nippon Seiki Co., Ltd. 10%
  • Hitachi Astemo Hanoi Co., Ltd. 8.45% (with a total book value of only VND 98 billion).

Most of the company’s joint venture partners are leading Japanese enterprises in the field of machinery manufacturing such as FCC, Asia Honda Motor, Nippon Seiki, Itochu Corporation…

Moreover, PVMachino is a manufacturer specializing in auto parts, motorcycles, specialized vehicles and other machines: BMW, Honda, Harley Davidson….

With the goal of constantly developing and trying, PVMachino’s team is always trying to find great cooperation opportunities in the domestic and international markets.

PVMachino is an enterprise with more than 60 years of experience in the field of import and export of machinery, equipment, spare parts and materials, and is also a potential unit to attract many large investors today.