c/o Teollisen yhteistyön rahasto Oy (FINNFUND)
00181 Helsinki - FINLAND
puh: 09 348 434 (mainitsethan puhelimessa, että tavoittelet Finnpartnershipia)
IndustryAgriculture and food processing
Bole sub city wereda 04 Alem Bulding 2nd floor (near Yohannes Kitfo Bete Hayhulet Mazoria area).
1185, Addis Abeba
Phone number+251911219415 / +251911516182
Web page http://www.menkemintl.com
Company Address firstname.lastname@example.org
Mr Michael Mekonnen
Project abstractMenkem International Business, an Ethiopian company specialised in importing machineries, automobiles and spare parts from Korea, Middle East and Europe and exporting agricultural products to Asian markets, is searching for companies from Finland who could cooperate in production of generic car parts, spare parts and components for automobiles and vehicles. The forma of cooperation could be licensing or outsourcing production or joint venture later.
The company, established in 2007, is based in Addis Ababa and currently employs 29 persons.
The company’s main products include importing machineries, automobiles and spare parts, which they source from Korea, Middle East and Europe.
In Ethiopia most of the cars are from e.g. the Middle East and the durability of cars is weak. The company has concentrated in the car business for the previous 5 years and have had difficulties in finding spare parts in Ethiopia. There is a remarkable shortage of spare parts and various machinery equipment and materials.
Therefore, Menkem International is looking for partners to start the production of generic car components and spare parts such as oil filters, ventilation filter and others. Menkem is first considering licensing the production of the parts, but could be interested in a more profound cooperation such as a JV also.
Because of the low quality of the different spare parts in the local market, the MM company would also be interested in production of tires. In the longer term, the company is hoping to start an assembly line facility of automobiles in Ethiopia.
Finally, Menkem Int. is also planning to expand their agribusiness and acquire abattoir and packaging machinery. The company does export in oil seeds, nuts and livestock.
If you are interested in this company, please contact Finnpartnership’s company spotter assigned for this company. Contact information can be found below.
Number of employees10-49
Annual turnover in €0,5-2M
Annual balance sheet total0,5-2M
Already engaged in international co-operationYes
Percentage of transnational activities50% or more
Spotter companyOccasio Oy
Spotter personMahalete Haile
Spotter Email email@example.com