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[Mar 2017] GEDEB Engineering Plc Latest Ethiopian News - AddisBiz.Com | Ethiopian Business Guide

Supreme Court Reverses 18.2m Br Verdict against GEDEB

The Federal Supreme Court has reversed the High Court’s decision to award Sidra Agricultural Plc 18.2 million Br in a case against GEDEB Engineering Plc, in which the court found the latter liable on April 6, 2015.

The dispute between the two arose over non-performance of a contractual relationship, which obliged GEDEB to deliver John Deere agricultural machinery to Sidra Agricultural Plc and Sidra to discharge 16.8 million Br in return for the delivery.

Sidra Agricultural Plc, a company owned by Canadian and Ethiopian


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