Overview
HAST Enterprise (Horn of Africa Steel Trading) is a reliable manufacturer and supplier of high quality steel and steel products in Ethiopia. We are engaged in the manufacturing and supplying of best quality structural steel products as well as metal products such as Rectangular Hollow section, Square Hollow section, Round Pipe, U-chanel, I&H Beam, Aluminum, Chequered, Galvanized, Flat Bars, Round and Square Bars, Sheet metals, Reinforcing Bar, Angel Iron, Corrugated and Fermavitro with a reliable service; and through integration and establishing a strong partnership relation with construction firms and anyone involved in the construction industry in Ethiopia.
Operates in the importation, wholesaling, distribution and retail trade of metal and metal products to its customers throughout Ethiopia. The company supplies structural steel products as well as metal products which are inputs to the construction industry. Our supplies are located throughout the world but, primarily we import from countries like china, Turkey, Ukrine, Dubai, Singapore, India, and Belgium.
Hast Enterprise is the first business entity established by the family on their own. It was established in 1995 E.C with a capital and experience gained through the previous business ventures with other partners. The company is registered in the name of Ato Seid Hassen established with a capital of 150,000ETB.
Vision
To become the most Reliable Manufacturer and Supplier of High Quality Steel and Steel Products in Ethiopia.
Mission
To play a vital role in the development of the country’s infrastructure by manufacturing and supplying of best quality steel with a reliable service; and through integration and establishing a strong partnership relation with construction firms and anyone involved in the construction industry.
We value customer relationship and cooperation in addition to honesty and professionalism in our every relation with external and internal customers.
Location
The company’s head office is located in Addis Ketema Sub¬-city, Uganda Street on the road from Teklehaimanot to Abinet. The workplace is built on 500m2 and is used as a center for office facilities, distribution center and storage. In addition, the company uses a warehouse built in Alem Gena town.
Financial Facts
HAST Enterprise has grown from a 30,000 ETB initial capital in 1992 to 10 million ETB in 2002. The company proved its success with average annual revenue of 53 million ETB and profit of 1.9 million ETB for the last three years. The incredible performance can be seen from the high growth rate in revenue and profits.
The outstanding performance has a direct relations to the tax paid to, Inland Revenue. Income tax paid last year amounts to 1.2 million ETB which include profit tax, payroll tax and Value Added Tax.