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PAPIRUS HOTEL: this hotel is located in the northern part of Ethiopia at BAHIRDAR city. It is a four star hotel and one of the attraction hotel for tourists near Lake Tana. This hotel has its own tour and travel service known as TISABAY tour and travel agency.

 

BRIDGE Industrial & Commercial Plc: This company is a newly established company. Its main objective is to engage itself in developing small scale industries.

 

SORENIE Trading: This company Is dealing with the transportation of goods. This company has 20 heavy trucks and one fuel station.

 

On top of the above group companies the owners are one of the founders and major share holder of ABISSINYA BANK. They also involved in real estate development having different buildings and ware houses at Addis Ababa and Bahirdar cities.

 
 
 
 
   
 

GROUP COMPANIES &
TYPES OF BUSINESS THEY RUN

   
 

SAYT plc:  this company is engaged in the business of importing and whole selling of tyres, inner tubes and car batteries. It also represents BAHIRDAR TEXTILE FACTORY for the distribution of its products. It is the sole agent of ANNAITE brand radial light and heavy truck tyres in Ethiopia. SAYT plc was established in April 2000 and it has an experience of over 16 years in business.It's capital now reached at ETB 27.9 Million. Recently this company is engaged in the business of exporting oil seeds to Asian countries.
An average annual sales of the company is over US $ 6.7 million. The company operates its transaction through threewell known banks “Abissinya Bank",“Dashen Bank” and "Zemen Bank".

 

It has branch offices at the following main business cities

BAHIRDAR: Northern Ethiopia
GONDER: Northern Ethiopia
And has agents at almost all the cities of Ethiopia.

The company organized itself to run its business by one General Manager, one financial manager, one commercial manager and 45 staffs working in different positions. All staffs are qualified professionals.

Our prime task is to satisfy customers by providing quality products and services. come and visit us, you will really be our witness.

   

 

     
     
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