Due to the favorable conditions and free market policy in the country Luxury and Popular Trading Private Limited Company is established on 26/01/2003 E.C by four shareholders.
The company is located in Addis Ababa and the capital is raised from the shareholder’s equity contribution in the form of cash and assets. The company is established for the general objectives of :-
- Production and distribution of soap, match, candles
- Production and distribution of dry cell battery and umbrella
- Production and distribution of electrical materials
- Engaging in import, export and commission agent business streams.
- Engaging in hotel. tourism, tour agency businesses
- Investing in real estate business
- Investing in construction business
- Investing in transportation service business
- Establishing small scale and large scale industries and others
The share holders of the company have appointed Mr.AtakltiYihdego as a managing director. He is responsible and accountable for the overall operations of the company.