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Addis Cardiac Hospital was established as a collaboration between four Swedish companies and five individuals. The founding assembly was held 30th of September 2006 at Global hotel in Addis Ababa, Ethiopia. The 3rd of October, the same year, the Ethiopian Investment Authority issued the investment license and registration certificate for Addis Cardiac Hospital PLC

The founding members agreed to establish a jointly owned limited liability company, Addis Cardiac Hospital Plc, to be governed by the Commercial Code of Ethiopia and in accordance with the Memorandum of Association, Articles of Association and shareholder’s agreement. The object of the Company’s business is to establish and run a state of the art cardiovascular diagnostic and treatment facility.

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