• Company
    Management

  • Business Purposes

  • Our Vision, Mission & Values

  • Present Undertakings

  • Future Growth
    Strategies

  • Manpower

  • Awards & Recognitions

 
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COMPANY MANAGEMENT  
 
 
 
 
Sheik Mohammed Hussein Ali Al-Amoudi
CHAIRMAN
 
 
 
 
Dr. Arega Yirdaw
CHIEF EXECUTIVE OFFICER
 
 
 
 
Mr. Terefe Mengesha
GENERAL MANAGER
 
 
 

Kombolcha Steel Products Industry PLC (KOSPI) is organized under the Office of the Chief Executive Officer of MIDROC Ethiopia and is lead by a General Manager, directly reporting to the CEO. The company has five Service Units: Financial Services, Human Resource Services, Sales and Marketing Services, Engineering and Technical Services, and Materials Management Services; and two Operational Units: KOSPI-Kombolcha Plant Operations and KOSPI-Akaki Plant Operations; all of which are managed by qualified managers endowed with rich experience, and geared up for company future growth.

In order to facilitate an effective management of the company, the Management has placed different Policies and Procedures into practice. Among these are:

  • Human Resources Services Policy and Procedure Manual (HRSPM)
  • Financial Services Policy and Procedure Manual (FSPM)
  • Attest Plan
  • Materials Management Services Policy and Procedure manual (MMSPM)
  • Organizational Structure Manual (OSM)
  • Collective Agreement
  • Protection Services Policy and Procedure Manual (PSPM)
  • Educational Policy
  • HIV/AIDS Policy Manual

All Policy and Procedure Manuals are subject to change and hence nearly 80 directives have been released to improve the policies.

 
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BUSINESS PURPOSES  
 
 

The main objective of KOSPI is to manufacture and sell different types of Metal and Engineering products that are mainly applicable for construction. These include:

  • Manufacturing of corrugated and ribbed sheets in different sizes and thicknesses, together with accessories,

  • Manufacturing of wire products including Nails, J-bolts and Binding Wires,

  • Manufacturing of steel structures, pre-engineered steel buildings, van cargo bodies,

  • Wire galvanizing, stractural HOT-DIP galvanization

  • Manufacturing other Metal and Engineered products.

 
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OUR VISION, MISSION AND VALUES  
 
 

OUR VISION:

MIDROC’s quality products and sustained services to every customer and user.

OUR MISSION:

A multi-sector organization with second-to-none leadership positions in each of our products and services thereby exceeding the expectations of our customers, employees, shareholders and the community.

OUR VALUES:

    1. Customer Satisfaction
    2. Employees Empowerment
    3. Corporate Identity and Image
    4. Integrity and Ethics
    5. Balanced Life & Performance
    6. Raising the Capital of Share holders and Owners
    7. Strength and Stability
    8. Social Responsibility & Corporate Citizen
    9. Profit and Growth
    10. Respect and Trust
    11. Quality and Excellence
    12. Teamwork and Cooperation
 
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PRESENT UNDERTAKINGS  
 
 

KOSPI built its first factory in South Wollo, Kombolcha Town (380 km away from Addis Ababa) with a total land holding area of 60 thousand sq. meters. KOSPI's second factory was built at Akaki area, 30 km far from Addis Ababa with a total land holding area of 25 thousand sq. meters.

Currently, both of the factories are operational. KOSPI-Kombolcha Factory produces galvanized corrugated sheets, ribbed steel sheets, wire nails, J-bolts, binding wires, rectangular chain link, hexagonal wire netting, barbed wire, wood screw, U-nails & shoe tack products, whereas KOSPI-Akaki Factory produces steel poles, steel structures (towers, warehouses, factories, etc.), fuel and water tankers, canopies and other custom based engineering products.

KOSPI-Akaki Factory provides structural HOT-DIP galvanization service to customers.

 

 
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FUTURE GROWTH STRATEGIES  
 
 

KOSPI will proceed in developing and providing additional engineered products to the market, which will make the company a leader in Ethiopia. Agricultural machinery, prefabricated structures, construction equipment, industrial machinery, Electric power, microwave & mobile network transmission towers are areas to concentrate upon for development.

KOSPI will strengthen its marketing activity, in order to increase its market share in the country. The company has put a roadmap to excel the competition through better product quality and through diversification in the steel sector.

 
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MANPOWER  
 
 

Presently, KOSPI employs a total number of 233 employees, of whom 200 are permanent and 46 are on contract basis. The remaining 33 are secondment employees from TRUST Protection & Personnel Services PLC.

QUALIFICATIONS

  • B.Sc./BA holders: 20 employees
  • College Diploma holders: 29 employees
  • Technical School Graduates: 34 employees
  • 12th grade complete and below: 117 employees
 
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AWARDS AND RECOGNITIONS  
 
 
  • Quality Test Certificate; from Quality and Standards Authority of Ethiopia.

  • Certificate of Appreciation from Zewditu Memorial Hospital, for KOSPI's contribution in the construction of out-patients waiting room.

  • Other certificates from participation in different International and Local trade fairs and special events.
 
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CEO-KOSPI-WP1-2008
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