Company Name Year Established (Ethiopian Calendar) Investment Capital Headquarter Chairman of the Board
Almedan Garment Factory 1995 660,000,000 Mekele Abadi Zemu
Addis Engineering Consultancy 1995 10,000,000 Addis Ababa Arkebe Ekubay
Addis Pharmaceuticals Production 1995 53,000,000 Addis Ababa Abadi Zemu
Africa Insurance Axion Assn 1995 30,000,000 Addis Ababa Yohannes Ekubay
Almeda Textile Factory 1995 180,000,000 Mekele Abadi Zemu
Mesobe Cement Factory 1995 240,000,000 Mekele Abadi Zemu
Mesfin Industrial Company 1995 500,000,000 Mekele Arkebe Ekubay
Sur Construction 1995 150,000,000 Addis Ababa Arkebe Ekubay
Trans Ethiopia 1995 100,000,000 Mekele Shimelis Kinde
Tesfa Livestock 1995 20,000,000 Mekele Yohannes Kidane
Star Pharmaceuticals 1995 25,000,000 Mekele Arkebe Ekubay
Selam Bisline 1995 10,000,000 Mekele TILMA
Sheba Tannery Factory Axion Assn 1995 40,000,000 Wukro Abadi Zemu
Segel Construction 1995 10,000,000 Mekele Araya Zerihun
Rahwa Yebegina Fiyel Export 1995 25,000,000 Mekele Yassin Abdurahman
Meskerem Investment 1995 40,000,000 Axum Tewodros Ayes Tesfaye
Mega Net Corp 1993 10,000,000 Mekele Alemseged Gebreamlak
Hiwot Agriculture Mechanization 1995 25,000,000 Mekele Yohannes Kidane
Hitech Park Axion Assn. 1996 10,000,000 Mekele Shimelis Kinde
Tana Trading House Axion Assn 1994 50,000,000 Addis Ababa Sibhat Nega
Global Auto Sparepart 1992 26,000,000 Addis Ababa Teklebirhan Habtu
Fana Democracy plc. 1995 6,000,000 Addis Ababa Negash Sahle
Ezana Mining Development 1995 55,000,000 Addis Ababa Tewodros Hafis Berhe
Express Transit 1995 10,000,000 Addis Ababa Gebreselassie Gidey
Experience Ethiopia Travel 1995 26,000,000 Mekele Tony Hiki
Ethio Rental Axion Assn. 1995 10,000,000 Mekele Atkilit Kiros
Dedebit Saving & Loan 1997 60,000,000 Mekele Atkilit Kiros
Dilate Brewery 1995 15,000,000 Mekele Kahsay TewoldeTedla
Dessalegn Caterinary 1995 15,000,000 Mekele Dr, Maru Erdaw
Berhe Chemical Axion Assn. 1995 25,000,000 Mekele Abadi Zemu
Addis Consultancy House 1995 10,000,000 Mekele Sibhat Nega
Birhane Building Construction 1995 10,000,000 Addis Ababa Bereket Mazengiya
The above companies are owned and run by party members of Tigrian People's
Liberation Front. These companies are established between the years 1992-1997EC.
In addition to the above list, Wegagen Bank is also owned by TPLF and its start up
investment is not known. However, in a report released by the regions investment
bureau, 347 projects with a capital of $3,322,735,980 Birr are underway and almost
completed.
