Tuesday September 9, 2003

    

Yekatit Paper receives damaged supplies

By our staff reporter

Yekatit Paper Converting Enterprise is faced with damaged rolls of paper that it imported from India at a cost of 1.7 million Birr, Ato Abdulmalik Haji Abubaker, General Manager of the enterprise told Capital.
Some of the paper, purchased from an Indian paper supplier by the name of Kumar Impex, through an international tender, shows that the damage was caused by forklifts, while other rolls of papers have black spots on them. “Such damages are not new to us, but the present one is bigger in size and various factors are involved in it,” the manager said. The exact amount of the financial loss will not be known before the damage assessment is completed, he added.
Yekatit Paper has reported the damage to its insurer, the Ethiopian Insurance Corporation which is conducting the necessary damage assessment. The insurance company will probably cover the damages caused during transportation but the damages associated with the black spots on the paper will be the responsibility of the supplier. The local representative of Kumar Impex has been notified and is expected to respond by September 10, 2003.
Established in 1958, Yekatit Paper Converting Enterprise has actually the capacity of meeting the whole country’s paper need.