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The Ethiopian Ministry of Water and Energy signed a memorandum of understanding (MOU) with Ethio Engineering Group and APIMOSO, a Czech Republic-based company.
Ethiopia's Deputy Prime Minister, Temesgen Tiruneh, announced a significant shift for the Ethio-Engineering Group, revealing their upcoming transition to assembling electric vehicles and machinery.
AvtoVAZ, the Russian state-owned automaker, and Ethiopia Engineering Group have signed a letter of intent to collaborate on manufacturing Lada cars in Ethiopia.
The Ethio Engineering Group (EEG) has set an ambitious target of generating more than Birr 14.6 billion in revenue from its operations during the current fiscal year, marking a substantial increase compared to the Birr 490 million it earned last year.
Ethio Engineering Group (EEG) and YTO-CAMAC have signed a memorandum of understanding to construct a tractor factory in Ethiopia.