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Metals and Engineering Corporation information


Metals and Engineering Corporation
Native name
ብረታ ብረትና ኢንጂነሪንግ ኮርፖሬሽን
Company typeState-owned enterprise
Industry
  • Defence
  • machinery
  • automotive
  • aviation
Founded2010; 14 years ago (2010)[1]
Headquarters
Addis Ababa
,
Ethiopia
Area served
Africa and Middle East
Products
  • Ammunition
  • firearms
  • artillery
  • agricultural machinery
  • cars
  • aircraft
Revenue1.2 billion dollar
Total assets2.13 billion dollar
OwnerEthiopian government
Number of employees
12,400[1]
SubsidiariesHibret Manufacturing and Machine Building Industry
Homicho Ammunition Engineering Complex
Gafat Armament Engineering Complex
Bishoftu Automotive Engineering Industry
Dejen Aviation Engineering Industry
Websitewww.metec.gov.et

METEC (acronym for Metals and Engineering Corporation) is an Ethiopian arms and machinery industry founded in 2010.[2] Being the state largest military industrial complex, it is 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.[2]

  1. ^ a b "Metal & Engineering Corporation". Addis Fortune.
  2. ^ a b "Ethiopian Military-Run Company Seeks More Foreign Partners". Bloomberg.com. 18 February 2013.

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