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Development Bank of Ethiopia

Project Rehabilitation and Loan Recovery Sub-process

Status of Projects to be sold and Project Assets at Head Office

As of December, 2013

Sr.
No.

Client name

Type of
 acquired
assets

Location

Region

Total Valu

Status

 

 

Industry

 

 

 

 

 

1

Green Star Food Company p.l.c.

Food Processing

Bishoftu

Oromia

                      43,655,945.56   

         Negotiation

2

Gondar cotton Ginning Factory p.l.c.

cotton Ginning

Gonder

Amhara

  8,712,227.35

   Negotiation

3

Ethay Soap Factory

Soap Factory

Adwa

Tigray

21,197,538.00

Bid

4

Summit Agro plc

Flower &Dairy farm

Wonji

Oromia

  3,966,908.00

      Auction

5
Flowerama plc Flower Farm Menagesha Oromia
13,951,756.45
Auction

 

Vehicles

 

 

 

 

 

1

Summit Agro

Mercedes 2024 cold Truck

Bole

Addis Ababa

                      857‚489.88          

                          Negotiation 

Further detail information on Acquired assets can be obtained from Project Rehabilitation and Loan Recovery Sub-process - (Tel. +251-11-551-11-88 Ext. 305 or 311      and  +251-11-520452/538937)

 

Financed by DBE










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