Menkem International

General Information

IndustryAgriculture and food processing

Organisation typeCompany

Company Address Bole sub city wereda 04 Alem Bulding 2nd floor (near Yohannes Kitfo Bete Hayhulet Mazoria area).
1185, Addis Abeba
Ethiopia Ethiopia

Phone number+251911219415 / +251911516182

Web page http://www.menkemintl.com

Company Address minemiko@gmail.com

Contact Information

Contact Person Mr Michael Mekonnen
Managing Director

Phone+251911219415

Email menkemintl@gmail.com

Verified By

OrganisationIndependent consultant

Project typeSubcontracting;Production;JointVenture

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.

Project description

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.

Attachments

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 assigned1

Spotter companyOccasio Oy

Spotter personMahalete Haile

Spotter Email mahalete.haile@occasio.fi

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