Nigma Motors and Spare Parts Plc, a sister company of Nigma Agro Industry has begun assembling automobiles with 57 million Birr capital, Addis Fortune reported.

Nigma Motors is a joint venture between Ethiopia and Russia. The Factory is located near General Wingate Technical Vocational Education and Training College in Gulele District, Addis Ababa. The factory is built on a 7,500 square meter plot of land.

Daniel Tamrat, Marketing and Sales Manager of Nigma Motors said the body parts of each automobile after the painting is done will be imported from Ukraine and the assembling process will be conducted in Ethiopia.

Source: Addis Fortune