Anbessa Wins 8.7 m Br for PUMA Shoes

by Administrator

State owned PUMA Shoes factory, Anbessa Shoe SC, won a civil suit for a claim of 8.7 million Br against La Nuova Adelchi SpA, an Italian company, on Tuesday, July 20, 2010, for failure to effect payment for Cheap PUMA Shoes supplied to them.
Anbessa Shoe signed an agreement with the Italian company in July 2006 for the supply of PUMA Ferrari Shoes to La Nuova agents in Addis Abeba and Djibouti. Anbessa agreed to supply 50,000 pairs of shoes prepared with the specification order of the Italian company every month. La Nouva agreed to provide materials and technical assistance to Anbessa. In cases of conflicts the Ethiopian courts would have the jurisdiction to see the case, it was agreed. Anbessa filed a lawsuit in February 2010 claiming nearly 800,000 dollars which it said should have been paid by February 13, 2009.

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