ADDIS-MODJO Edible Oil Complex S. Co. was through merger between Addis Ababa Edible Oil Factory and Modjo Edible Oil Factory in 1996 in an effort to integrate them in the extraction and refining processes. However, since March 2008 the ownership is transferred to Amibara Agricultural Development PLC one of the largest cotton plantation in the country that put Addis-Modjo at competitive advantage in terms of establishing a backward link on raw material supply mainly cottonseed. In its first year operation (2008/2009) in private hand Addis-Modjo managed to generate annual sales revenue of ETB 75 million up by 79% a year before and yet is heading to expand its business through market development in the year 2009/2010 with the expectation to grow the revenue at the rate of 60% to ETB120 million.
Addis-Modjo has an attainable capacity to produce 13,250 Mtn of RBD edible oil, 5,800 Mtn of vegetable ghee and 754 Mtn of margarine per annum.  

Company Image: Business Community and Stakeholders

•    Addis-Modjo Edible Oil Complex is so far considered the safest edible oil producer in the country.
•    Amibara PLC the major shareholder of Addis-Modjo Edible Oil Complex is one of the highly regarded companies in the country for its support the national effort for economic and social progress.
•    Addis-Modjo along the parent company Amibara PLC is among the top 10 highly regarded business firms in the country.
•    Member of Ethiopia and Addis Ababa Chamber of Commerce.

Annual Turnover (2009/2010): ETB 120 million

Number of Employee: Addis-Modjo S. Co has about 315 employees between the two factories, of which 260 permanent and 55 are contract based. Out of which 155 are employed in Addis Ababa Factory while the remaining 106 are working at Modjo Factory. Among them staffs with different qualification and certification with higher and undergraduate degrees has been employed only in the first and second year of operation since the ownership transfer to the private hand. As the result the number of professional with multi-disciplinary background has grown at the rate of 400% including (i.e. from 10 to 50).

Certification: HACCP in November 2006 and ISO 22000:2005, Food Safety Management System certification since Sept. 2008.

Organization:

Addis-Modjo S. C has been getting strong organizational capacity to face and tackle the forthcoming business and operational challenges. It has been re-shaping and re-engineering its businesses and the organizational setup, as the result the business activities are reorganized based on the prime activities in the value chain along with their associated supporting activities.