About Us
Backgrounds
Welcome to Rimon General Trading PLC
Rimon General Trading PLC was established in 2005 E.C [2013 G.C]. The company was formed as a private limited company with the visionary aim of taking Rimon to a greater level and the company was established as a family business.
Rimon was established with a capital of ETB 300,000 [USD 10,000]. The main business focus, back then when it was established revolved around exporting of live animals and it has grown to a business with capital of Birr 82.7 million [USD 1.65 million]. The number of employees, office facility, asset, good will and brand equity has grown tremendously as well. Statistically the above has grown by nearly 300% since its establishment back in 2005 E.C [2013 G.C].
The annual turnover of Rimon has grown from Birr 31.42 million [USD 500,000] to Birr 1.594 billion [USD 31.89 million] in six years period of time. Rimon has shown average increment of 83% per annum during the last five years (2017 -2021 G.C) and the total asset size of Rimon has shown an annual average increment 126% during the same period. In line with the above growth, the number of employees, brand and goodwill of the company have grown proportionately.