Nagakawa established subsidiaries Nagakawa – IDT

Implementing the company’s strategy, on December 25th, 2009 Board of Nagakawa Jsc. Vietnam decided to establish subsidiaries - Investment and technical development company Nagakawa (abbreviated Nagakawa - IDT) with total capital of 12 billion. In particular, Nagakawa Jsc. Vietnam makes out 80% of capital. Nagakawa - IDT been formed to carry out strategic tasks in the development of Nagakawa’s central air-conditioning systems and products high technology systems. This is a great potential and high profit market, expected Nagakawa IDT’s first year income (2010) will be more than 100 billion and profits will be around 70 to 10 billion.

At this ceremony, Nagakawa IDT has signed a contract to provide equipment and installation of production facilities in cold storage for ice cream factory of Vina Ice-cream company's stock belonging to VinaItaly company in Hung Yen province with a total value of 65 billion. This is a good initial step and establishing proper directions of Nagakawa in developing air central conditioning systems and high technology products.

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