Company description
Addis Tyre Factory is founded in the year 1972 by his Emperor Hailesilasse the first. The company is established with a yearly production capacity of 60,000 tyres using bias technology and 45,000 inner tubes with a total labor force of 260 people.
In 2011 MATADOR was sold globally then Matador Addis Tyre has transferred its share to Horizon plantation PLC which is a member of Midroc Investment Group (MIG).Since the ownership transferred to HPPLC, the name of the company changed to Horizon Addis Tyre S. C. and currently the Horizon Plantation P.L.C owns 100% share of the company. After HPPLC takeover took over the company from the Ethiopian government, it moved its focus towards achieving and maintaining quality of products and increase customer satisfaction. To this frontier, it performs numerous improvements to its production equipment and technical expertise.
