The Uboldo-based company winner once again in the “Top
Investors” category
Uboldo, 6 December 2018 – The Silk Road is becoming even more Lombard thanks
to LU-VE Group. The multinational based in the Province of Varese, world leader
in the business of heat exchanger manufacture, has been declared the winner in
the “Top Investors” category of the “China Awards 2018”. This is the second
time LU-VE Group has been recognized for its important investments in China,
winning the same award also in 2015.
The 13th annual China Awards ceremony was
held yesterday evening in Milan, at the Leonardo da Vinci Museum of Science and
Technology, organized by the Italy-China Foundation and Class Editori with the
patronage of the Ministries of Foreign
Affairs, Economic Development, Environment, and the Italian-Chinese Chamber of
Commerce and the partnership of the
Italian Chamber of Commerce in China.
The hosts
of the event were Alberto Bombassei,
President of the Italy-China Foundation, and Paolo Panerai, Vice-President and MD of Class Editori. Amongst the
guests was the Consul General of the
People’s Republic of China, Song Xuefeng.
The organizers
of the event presented awards to the
Italian and Chinese companies which had known best how to seize the
opportunities of the two markets, exploiting the benefits deriving from the
crossflow of capital, people, goods and services between Italy and China. The activities of LU-VE Group are
particularly representative, having decided to double their production surface area in China, transferring from
Changshu in the Province of Jiangsu to a new facility in Tianmen in the
province of Hubei in south-central China. In total, the new base will have over
19,000 sqm., 15,000 sqm. for production, a two-floor office building of 2,000
sqm., and another 2,000 sqm. for dormitories and the company restaurant.
Development plans include, from 2021, possible expansion of another 10,000 sqm.
The award was accepted on behalf of LU-VE Group by
Michele Faggioli and Fabio Liberali, members of the board of LU-VE and
respectively Chief Operations Officer and Chief Communications Officer
“Winning this prize for the second time demonstrates
how internationalization continues to be at the centre of our development
policy,” commented Iginio Liberali, President and founder of LU-VE Group, which today has 12 production
facilities, 7 of them abroad. “In 2018
alone, we have invested in several strategic markets, doubling the size of the
factory in Poland, buying a company in the USA, and reinforcing our position in
China. About our experience in China, I want to underline with great pride that
almost all our Chinese workforce will be moving with us from Changshu to
Tianmen. This also is a part of our way of making a company: companies are
first women, men and ideas.”
This year
there are 29 winners of the China Awards in 9 categories: 19 Italian companies
and 7 Chinese. The Gold Lions (reserved for the world of culture, sport and
entertainment) went to Paolo Genovese for the great success of his film
“Perfect Strangers”, to Daniele Garozzo, who won the gold medal in the foil
category of the fencing World Championships in Wuxi, and to Sofia Goggia, women’s
downhill skiing World Champion, who is expected to take part in the 2022 Winter
Olympics in Beijing.
The China
Awards 2018 was held at a charity dinner
for Ai.Bi. – the
Friends of Children Association (a non-governmental organization for international
adoption, also from China and Project Loveast a cultural exhange programme
between to sprting organizations: the Italian ASD ForMeD'Abili and the Chinese Ren’
Ai School in Suzhou, for young people with cognitive and relationship
disabilities and their caregivers.
