Ethiopia’s Public Procurement and Property Disposal Service (PPPDS) has awarded licenses to one German and one Turkish company for the provision of 600,000 metric tons of wheat. The German company, Marthina Mertens Sampl Lebensmittel Handel Food Trading, and the Turkish company, Rosentreter Global Food Training, offered the least bidding prices for the licenses.
Rosentreter is set to provide 400,000 tons of the total amount at a price of 76.89 million USD. Marthina Mertens, on the other hand, won the bid for the remaining 200,00 tons at a price of 40.39 million USD. The bidding process was structured as 6 different bids, each for 100,000 metric tons of wheat.
The loading port for the grain from both companies is going to be in Novorossiysk (Russia) with Rosentreter’s grain being supplied to the Ethiopian Trading Business Corporation.
Similarly, in October, 80,000 the license to provide 80,000 tons of wheat had been given to Promising International Trading Co., for 27.82 million USD.