Tamrin International Trading private Limited company has been established in 2009 with an initial capital of 1.5 Million Birr in Addis Ababa Ethiopia. It has created a job opportunities for 99 permanent and for 150 contract employees. The founding as well as the current shareholders (50% each) of the company are Ato Kibrom G/Giorgis and Ato Tesfaye G/Giorgis. Both are young but with life time trading experience of Ethiopian market and now overseas trades.
The paid up capital of the company is now increased to 103.88 million birr. Currently, its total asset is 536.00 Million and the annual turnover will be expected to reach above 1 Billion birr. The company since it is established as plc it shows a 45% growth in its annual revenue. The revenue for the budget year 2016/17 is 717.00 Million Birr. Above all the company is liquid enough on paying its obligation on time .At this time the company has a positive image with Banks and government bodies.
The duos, in addition to Tamrin International Trading private limited company, established other sister companies called Amete construction works plc, & kibrom G/giorgis transport service with a capital of 10 million Birr.
Recently the company has acquired, owning 95 % shares, a manufacturing plant specialized in packaging and tissue manufacturing in the name Melens Private Limited Company in Gelan Town of Oromia National Regional state.