LU-VE reopens the Tianmen factory in China

24 March 2020

LU-VE Group, a Varese group listed on MTA and the operator in the air heat exchanger sector, announced that it has received authorization from the Chinese authorities for the reopening of the Tianmen production plant, in Hubei province. 

While representing only 2% of the group's turnover, the restart of production in China represents a particularly positive sign, as well as an important experience of success, in managing a complex situation.

Since January, the Tianmen plant had suspended all production activities as a precaution as part of the emergency plan put in place by the authorities to address the spread of the 2019-nCoV coronavirus. The restart of production activities at the Group's Tianmen site is scheduled for next week, while commercial activity at the Changshu site restarted in February.