Goldwater, a subsidiary of Gold Group and the latest entrant into bottled water sector announced the launched of their Gold water brand, at the Skylight Hotel in Addis Ababa, in the presence of key stakeholders and invited guests.
The locally owned investment, company has established two manufacturing plants and three water bottling machinery and packaging equipment with the capacity to produce 170,000 bottles per hour> Both manufacturing and plants are located in Oromia regional state with the Goldwater still water plants in Burayu and Goldwater Sparking water plant in Ambo, built with the investment of over 600 million Birr.
During the press briefing, the managing director of Goldwater, Ato Biruk Adugna, stated, “ The increased demand of from consumers lead us to join the spring water bottling market and we are confident that our high production capacity will help support this increased the demand.”
The manufacturing plant has created employment opportunities for over 300 employees, 85% of whom are comprised of the local community. The company is using a wide, local network of suppliers and distributors to reach customers in Addis Ababa and surrounding areas.
As part of their CSR endeavors, Goldwater is in the process of finalizing collaborations with St. Paul’s Hospital and has secured one year’s budget to supply dialysis treatment, water with varying mineral content to support critical kidney patients who can’t be afforded the treatment. In addition, Goldwater also supplies its mineral-rich wastewater for cattle raring purposes to local farmers for free.
Gold Group, which was established six years ago and is engaged in the manufacturing, hotel and resort, construction and real estate sectors, plans to export the product to East African countries when a planned expansion project is finalized, according to Sisay Mengesha, marketing and sales manager at Gold Group.