New CEO in Ecohomes Company Limited
DAR ES SALAAM, TANZANIA - MTI Investment SE (MTI) announces that Mr. Harry Tuluhungwa is the new CEO of Ecohomes Company Limited, a subsidiary of MTI Investment SE
MTI Investment CEO Pontus Engstrom says: "During the past six months we have witnessed cost inflation in supplies and raw materials, which creates a need to strengthen internal controls and processes in Ecohomes, and to focus more on profitability over growth. In the new environment in which we operate, we have therefore concluded that Ecohomes needs a new type of leadership, and after a competitive executive search, we have found an individual who we believe can help lead this refocus and ultimate transformation of Ecohomes into a profitable business. The new CEO of Ecohomes, Mr. Harry Tuluhungwa, has 30 years of local and international professional experience, having worked in organizations like General Practice Administration System for Scotland (GPASS), British Telecom (BT), IBM, all in the UK; Serengeti Breweries (a subsidiary of Diageo), Airtel Tanzania, Standard Chartered bank and Citibank in Tanzania. We have known Harry from our own network for nearly eight years, and we know that Harry operates with a strong sense of transparency and professionalism, which are key values to us in Ecohomes and MTI Investment. Former CEO and co-founder Eric Chonjo steps aside but will be supporting Ecohomes in a new business development role."
Ecohomes is a construction company based in Tanzania with activities in property construction and steel frame manufacturing. Ecohomes designs and builds affordable homes, offices, and buildings using modern cold steel forming technology. The company was founded in 2015 by four Tanzanian engineers. The technology used is called lightweight steel and is a relatively new technology in Tanzania. The few construction companies that have used this technology and material have realized how cost-effective it is. In recent years, Ecohomes has been involved in many projects for both large national and international companies such as the Tanzanian banks CRDB, Stanbic Bank, and the French company TOTAL, as well as participated in government projects. Ecohomes has also been involved in a large construction project known as "Star Home", consisting of 110 homes in the the Mtwara region. The project was recently featured on BBC.
Certified Adviser
The Company's Certified Adviser is Mangold Fondkommission AB which can be reached at 08-5030 1550 and by e-mail [email protected]
For additional information
Pontus Engström, CEO, MTI Investment SE
[email protected]
+46 70 716 55 38
About MTI Investment
MTI Investment SE is a Nordic investment and venture building company, founded in 2014 by a team with extensive experience from emerging markets with the aim of investing in East African small and medium-sized enterprises ("SME") with high value-adding potential. The Company is active in the expansive East African market, and by being a long-term and active owner, MTI Investment helps its portfolio companies grow faster and become more profitable. The Company invests primarily in innovative and scalable companies that have the potential for a significant positive impact on society.
Nerladdningsbara filer
New CEO in Ecohomes Company Limited
DAR ES SALAAM, TANZANIA - MTI Investment SE (MTI) announces that Mr. Harry Tuluhungwa is the new CEO of Ecohomes Company Limited, a subsidiary of MTI Investment SE
Changes in MTI Investment group management
STOCKHOLM, SWEDEN - MTI Investment announces changes in group management, with a reduction of costs in the Swedish parent company and a stronger presence in East Africa.
MTI Investment's presentation from Småbolagsdagarna 2022 is now available on YouTube
MTI Investment CEO Pontus Engström presented the build up of MTI Investment and its core holdings, including performance to date, in addition to answering several questions
MTI participates in Småbolagsdagarna on 15 June 2022
STOCKHOLM, SWEDEN - MTI Investment CEO Pontus Engstrom will present the portfolio performance and the latest developments in MTI Investment and answer questions at Aktiespararna's event on June 15th at 17.00 - 17.30.
MTI Investment SE and Techbridge Invest AS announce a partnership around investments and accelerator programs in climate/solar and tech investments in East Africa
STOCKHOLM, SWEDEN - MTI Investment announces today that it has signed an agreement with Techbridge Invest AS around investments and accelerator programs in climate/solar and tech in East Africa
Zanrec faces an unexpected area change in the North A district on Zanzibar
STONETOWN, ZANZIBAR - MTI Investment subsidiary Zanrec Plastics Company has unexpectedly faced an area change of the dedicated collection areas in the North A district on Zanzibar, following a decision by the North A district council. As a result, Zanrec sees sales drop in the month of May.
Kommuniké från årsstämma i MTI Investment SE den 9 juni 2022
Årsstämma i MTI Investment SE ("Bolaget") ägde rum idag den 9 juni 2022. Med stöd av tillfälliga lagregler har aktieägare enbart kunnat utöva sin rösträtt per post. De huvudsakliga besluten fattade av stämman framgår nedan.
Meet the management in MTI Investment SE
STOCKHOLM, SWEDEN - MTI Investment SE organizes an afternoon when investors can meet and listen to the management team
Torbjörn Jacobsson joins MTI Investments subsidiary Ecohomes Company Limited as a new member of the Board
STOCKHOLM, SWEDEN - MTI Investment announces that Torbjörn Jacobsson, has been elected to the board of Ecohomes Company Limited, a subsidiary (77%) of MTI Investment. Jacobsson will also take on an operating role within MTI as Chief Governance and Risk Officer (CGRO).
MTI Investment SE publishes its Core Holdings Update Q1 2022
MTI Investment SE
Webbplats:
www.mti-investment.com
Kortnamn: MTI
Marknadsplats: First North
Senaste rapporten:
MTI Investment SE publicerar årsredovisningen 2021
Nästa evenemang:
2022-08-30 Halvårsrapport 2022
Kurs
Kurs:
Marknadsvärde: