- Business
- Lilama Erection Mechanical Joint Stock Company is a Vietnam-based industrial engineering and construction enterprise primarily engaged in mechanical fabrication, machinery erection, and industrial plant installation services. The company operates through multiple core business segments: Mechanical Fabrication and Manufacturing, Mechanical and Electrical Erection, Plant Maintenance and Overhaul, and Industrial Trading. Its product and service portfolio includes the fabrication and installation of heavy non-standard steel structures, architectural steel frameworks, and pressure vessels; manufacturing and routing of high-pressure industrial piping systems, storage tanks, and ductwork; mechanical assembly, alignment, and installation of boilers, steam turbines, generators, and auxiliary equipment for thermal power, hydropower, cement, chemical, and metallurgical processing plants; electrical, instrumentation, and control system installation; specialized maintenance, technical diagnostics, equipment refurbishment, and overhaul services for operating industrial facilities; heavy lifting, rigging, and logistics services for oversized and overweight cargo; and the commercial trading of steel products, welding materials, mechanical components, and construction machinery parts. The company primarily caters to industrial project owners, energy developers, and engineering, procurement, and construction (EPC) contractors across Vietnam. Originally founded as a specialized erection and fabrication unit under Vietnam Machinery Erection Corporation (LILAMA Corporation) and headquartered in Ninh Binh Province, Vietnam, the enterprise subsequently transformed into a joint stock company listed on the UPCoM exchange. In recent years, Lilama Erection Mechanical Joint Stock Company has executed operational restructurings to streamline project management, improve working capital efficiency, and optimize fabrication workshop capacity; expanded its commercial focus toward long-term factory maintenance contracts, industrial overhaul projects, and auxiliary infrastructure for energy transition facilities; and strengthened strategic project consortia with domestic EPC contractors to mitigate supply chain volatility and enhance bidding competitiveness in the heavy industrial construction sector.