The ceremony was attended by Italian Ambassador Lorenzo Angeloni and Fanutti Giuliano - head of the representative office located in Saigon Trade Center.
The event also attracted participation of many local and international businesses from metal and mining industries.
Addressing at the ceremony, Mr. Lorenzo Angeloni considered Ho Chi Minh City the most promising site for Tenova to develop and expand business in Vietnam.
Tenova was chosen by Pomina and Thep Viet Steel Group to provide equipment to a steel factory capable of producing more than 1 million tons per year of liquid steel.
The factory is scheduled to be operational at the end of 2011 in Phu My Industrial Zone, near HCMC.
This plant will be the second to enjoy equipment from Tenova.
The first equipment installation was in 2007.
Tenova designs and supplies advanced technologies, products, and services for the metal and mining industries. The company has 33 operating companies in five continents.
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