Draft:Ethio-Engineering Group
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Native name | ኢትዮ ኢንጂኒየሪንግ ግሩፕ |
|---|---|
| Company type | Public |
| Industry |
|
| Founded | September 2020 |
| Headquarters | Mexico Roosvelt Street, Addis Ababa , Ethiopia |
Area served | Ethiopia |
Key people |
|
| 101 million birr (2023) | |
| Website | ethioengineering |
The Ethio-Engineering Group (Amharic: ኢትዮ ኢንጂኒየሪንግ ግሩፕ) is an Ethiopian state-owned heavy industrial manufacturer established in 2020 under Council of Ministers regulation No. 475/2020.[1] It is the successor of the Metals and Engineering Corporation (MetEC).[2]
The enterprise has nine subsidiaries operating in different part of Ethiopia.
History
[edit]Ethio-Engineering Group was reestablished in September 2020 under Council of Ministers regulation No. 475/2020. It is the successor of the Metals and Engineering Corporation (MetEC). It has an aim of allowing heavy industries to transform the country to industry-led economy.[3][4]
Ethio-Engineering Group has nine manufacturing subsidiaries that are operating in different parts of Ethiopia. These subsidiaries are:
- Akaki Basic Metal Industry
- Metals Fabrication Industry
- Construction Machinery Manufacturing Industry
- Electronic Equipment Manufacturing Industry
- Power Equipment Manufacturing Industry
- Addis Machineries and Spare parts Manufacturing Industry
- Adama Agricultural Machinery Manufacturing Industry
- Ethiopia -Plastics Industry
- Bishoftu Automotive Manufacturing Industry.
On 3 July 2024, Ethio-Engineering Group signed deal with Italian steel firm Danieli Co., Ltd to Nekemte Steel Processing project.[5] In May 2023, the enterprise reported a 101 million birr profit in an audit finding revealed by the Ethiopian Parliament.[6]
References
[edit]- ^ "Ethio-Engineering Set to Manufacture Electric Vehicles in Ethiopia". ENA English. Retrieved 2025-02-08.
- ^ Mengesha, Selamawit (2023-11-18). "No Trace: Audit Finds 65bln Missing From MetEC Books". www.thereporterethiopia.com. Retrieved 2025-02-08.
- ^ "EEG, CRRC Agree To Manufacture Electric Buses In Ethiopia - LinkUp Business". 2023-05-04. Retrieved 2025-02-08.
- ^ Desk, News (2023-03-22). "Chinese company to manufacture city buses in Ethiopia". Trendsnafrica | 24/7 Africa News. Retrieved 2025-02-08.
{{cite web}}:|last=has generic name (help) - ^ "Ethio Engineering Group, Danieli Co., Ltd. reach agreement to revive Nekemte Steel Processing Plant project". Welcome to Fana Broadcasting Corporate S.C. 2024-07-03. Retrieved 2025-01-30.
- ^ Fortune, (Addis). "Ethio-Engineering Group Swings Back to 101m Br Profits". Retrieved 2025-01-30.