PAUL RIES & SONS (ETH) LTD - Addis Ababa, Ethiopia
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Company name
PAUL RIES & SONS (ETH) LTD
Location
Umma Semetar St, Addis Ababa, Ethiopia
Contact number
Fax
+251 11 155 12 78
Website address
Working hours
- Monday: 8:00 am - 5:30 pm
- Tuesday: 8:00 am - 5:30 pm
- Wednesday: 8:00 am - 5:30 pm
- Thursday: 8:00 am - 5:30 pm
- Friday: 8:00 am - 5:30 pm
- Saturday: Closed
- Sunday: Closed
E-mail address
Company description
The Company Paul Ries & Sons started operations in Aden in Yemen in 1865 and operations in Addis Ababa, Ethiopia in 1885. The Company was active in exporting Ethiopian coffee, hides/skins and bewax up-to the Italian Invasion.
From 1947 the company was re-established in Addis Ababa by Mr. Bernard J Ries.
Since the 1950’s Paul Ries & Sons (Ethiopia) Ltd., has been one of the prominent business enterprises in the country contributing to the development of Ethiopia. PRS was the first to introduce in the country: General Motors, Opel, Telefunken, Olympia, Procter & Gamble, Guigoz, Galia, D.M.C , to mention few of them.
In 1959, the owners decided to restructure all their companies in Middle-East and Africa under the financial umbrella of an holding company named Near East Financial
In 1961, Paul Ries & Sons opened the Engineering and Import/Export departments. This Departments grew very fast to stand on its own feet and Paul Ries & Sons (Ethiopia) Ltd., created its first sister company under the name of "Ries Engineering Share Company"
From 1947 the company was re-established in Addis Ababa by Mr. Bernard J Ries.
Since the 1950’s Paul Ries & Sons (Ethiopia) Ltd., has been one of the prominent business enterprises in the country contributing to the development of Ethiopia. PRS was the first to introduce in the country: General Motors, Opel, Telefunken, Olympia, Procter & Gamble, Guigoz, Galia, D.M.C , to mention few of them.
In 1959, the owners decided to restructure all their companies in Middle-East and Africa under the financial umbrella of an holding company named Near East Financial
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Company (N.E.F.C.) with a branch office in Geneva and Dubai.In 1961, Paul Ries & Sons opened the Engineering and Import/Export departments. This Departments grew very fast to stand on its own feet and Paul Ries & Sons (Ethiopia) Ltd., created its first sister company under the name of "Ries Engineering Share Company"
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