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Joint with Hyundai Motor Company (South Korea) P A National Bank of Ethiopia: Financials Banks Addis Ababa: 1906 Central bank. formerly Bank of Abyssinia: S A Oromia International Bank: Financials Banks Addis Ababa: 2008 Private bank P A Selam Bus Line Share Company: Consumer services Travel & tourism Addis Ababa: 1996 Passenger transport P A
A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
In 1975 the Derg nationalized more than 100 industries and took partial control of some of them. The main characteristics of the manufacturing sector inherited by the revolution included: a predominance of foreign ownership and foreign managerial, professional, and technical staffing; great emphasis on light industries; inward orientation and relatively high tariffs; capital-intensiveness ...
It is fully owned by the Ethiopian government. Its programming includes news, sport, music and other entertainment. The majority of the programming is broadcast in Amharic, official languages of Ethiopia. [5] Some news segments are broadcast in other languages, such as Oromo, Somali, Tigrinya, Afar, and English. [6]
Ethiopian Electric Power (Amharic: የኢትዮጵያ ኤሌክትሪክ ኃይል) is an Ethiopian electrical power industry and state-owned electric producer. It is engaged in development , investment , construction , operation , and management of power plants , power generation and power transmission .
For instance, in 1971/72 the share of foreign capital in manufacturing industries amounted to 41 percent of the total paid-up capital. Many foreign enterprises operated as private limited companies, usually as a branch or subsidiary of multinational corporations. The Dutch had a major investment (close to 80 percent) in the sugar industry.
A government-run news agency, now called the Ethiopian News Agency, ran from 1942 to 1947, and then was relaunched in 1954. Early twenty-first century Ethiopian newspapers can be broadly divided into two categories, Ethiopia based and diaspora based, with the majority of the diaspora-based ones being digital-only newspapers.
METEC (acronym for Metals and Engineering Corporation) is an Ethiopian arms and machinery industry founded in 2010. [2] It is the state largest military industrial complex, responsible for the production of military equipment and civilian products. METEC works with foreign companies such as Alstom from France, and Spire Corporation from America ...