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Habesha Cement S.C.

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Ethiopian cement manufacturer
Habesha Cement S.C.
Native nameሀበሻ ሲሚንቶ
Company typeShare company
FoundedSeptember 2008; 16 years ago (September 2008)
HeadquartersGetas International Building 7th Floor, Addis Ababa, Ethiopia
ProductsCement
Production output1.4 million tons (2017)
BrandsOrdinary Portland Cement
Portland Pozzolana Cement
Revenue4.85 billion birr (2024)
Operating income1.03 billion Br (2023)
Websitehabeshacement.com

Habesha Cement S.C. (Amharic: ሀበሻ ሲሚንቶ) is an Ethiopian cement manufacturer based in Walmara woreda, Oromia Region, Ethiopia. Established in 2008, the factory was formed by more than 16,000 shareholder with capital of 3,854,134,643.48 birr. Its Oromia Region's plant has 29.8, comprising over 800 permanent and temporary employees including 8 key executives.

Habesha Cement envisioned to become the leading cement factory and other construction inputs supplier and the first choice in East Africa.

History

Habesha Cement S.C. was established in September 2008 by more than 16,000 shareholders with a capital of 3,854,134,643.48 birr. Its plant site area is 29.8 hectares located in Walmara woreda in Holeta, Oromia Region. The company comprises over 800 permanent and temporary employees including 8 key executives.

Habesha envisioned to become the leading integrated cement industry and other construction inputs supplier and the first choice in East Africa with the missions of producing optimum quality cement for construction required by the g national and international standards and customer expectation at affordable price.

In May 2014, Habesha Cement secure 60 year mining sector from the Ministry of Mines, granting to mine limestone, gypsum, clay and sandstone from 112 hectares of lands located in West Shewa Zone in Oromia Region.

References

  1. "Habesha Cement Makes Astonishing Rebound from Ruin". Addis Fortune.
  2. "Habesha Cement Makes Astonishing Rebound from Ruin". Addis Fortune.
  3. ^ "The Role of Corporate Governance on Effective Performance: The Case of Habesha Cement S.C". p. 13. Retrieved 11 January 2025.
  4. "International Cement Review - News, Events & Training". International Cement Review. 2014/11/06T8:49:57. Retrieved 2025-01-11. {{cite web}}: Check date values in: |date= (help)
  5. "How a Family Salvages Habesha Cement". Addis Fortune. Retrieved 11 January 2025.
  6. "International Cement Review - News, Events & Training". International Cement Review. 2014/05/28T9:17:20. Retrieved 2025-01-11. {{cite web}}: Check date values in: |date= (help)
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