List of MNCs in Bangladesh PDF

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Got list of MNCs in Bangladesh and their descriptions...

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List of Multinational Companies Numbers

Multinational Companies

Country of Origin

Total Number of Subsidiaries

Year of Establishment in Bangladesh 1964

1.

Unilever Bangladesh (FMCG)

10 (Over 400 Brands)

2.

British American Tobacco Bangladesh (Cigarette)

London, United Kingdom, and the Netherlands London, United Kingdom

7

1949

3.

Chevron (Petroleum Industry)

United States

59

1926

4.

Grameenphone Ltd (Telecommunication industry)

Norway and Bangladesh

5.

Standard Chartered Bank (Banking Industry)

South Africa

20

1948

6.

HSBC (Banking Industry)

Hongkong

11

1996

7.

Citi NA (Citi Group, Banking Industry)

New York

1987

8.

Nestle Bangladesh (FMCG)

Switzerland

1994

9.

Siemens (Electronics)

Europe

1956

10.

Ericsson (Telecom service industry)

Switzerland

01

2000

11.

Advanced Chemical Industries (ACI) Limited.

British

15

1992

12.

GlaxoSmithKline – GSK Bangladesh

New Zealand

01

1997

13.

Marico Bangladesh Limited.

India

06

2000

14.

Berger Paints Bangladesh Ltd.

England

08

1970

15.

Asian Paints (Bangladesh) Ltd.

India

14

2002

16.

Reckitt Benckiser BD. Ltd. Seimens BD Ltd.

England

1961

Europe

1960

18.

Bata Shoe Company (Bangladesh) Ltd

Moravian Town of Zlin, AustriaHungray

1962

19.

Li & Fung (Bangladesh) Ltd.

Hong Kong

1991

20.

Youngone Corporation

South Korea

1999

21.

Samsung R&D BD

South Korea

154

22.

Huwai BD

China

02

23.

DHL Worldwide Express

USA

24.

Toyota

Japan

606

1964

25.

PRAN RFL Group

Bangladesh

37

1981

26.

Transcom Limited

BD

19

1973

27.

US-Bangla Airlines

28.

10

2005

29.

C>P Bangladesh Co. Ltd. ROBI AXIATA Ltd.

USA and Bangladesh (Merge) Thailand Malaysia

09

1997

30.

Airtel Bangladesh

India

07

2010

17.

2014 1979

2014

Overall Background Related Information: Page | 2

Unilever Bangladesh (FMCG): Unilever is one of the world’s leading consumer goods companies, making and selling around 400 brands in more than 190 countries. Every day, 2.5 billion people use our products to look good, feel good and get more out of life. That’s about a third of the global population choosing from household names such as Lipton, Knorr, Dove and Hellmann’s, and iconic local brands like Bango in Indonesia and Suave in the US. In fact, thirteen of the world’s top 50 brands are owned by Unilever. Their business activities span a complex, global value chain. They work with thousands of suppliers and spend around €34 billion on goods and services, including approximately €13 billion on ingredients and raw materials, which are made into products in our 300+ factories across 69 countries. These products are then distributed to 25 million retailers, from supermarkets to small convenience stores, and through other fast-growing channels such as e-commerce and direct-to-consumer. They are also the second largest advertiser in the world, based on media spend. Their geographic reach gives them an unparalleled global presence, including a unique position in emerging markets which generate 58% of their turnover. British American Tobacco Bangladesh (Cigarette): The presence of British American Tobacco in this part of the world can be traced back to 1910. Beginning the journey as Imperial Tobacco 103 years ago, the Company set up its first sales depot at Armanitola in Dhaka. After the partition of India in 1947, Pakistan Tobacco Company was established in 1949. The first factory in Bangladesh (the then East Pakistan) was setup in 1949 at Fauzdarhat in Chittagong. In 1965, the second factory of Pakistan Tobacco Company went into production in Mohakhali, Dhaka. Thereafter it became Bangladesh Tobacco Company Limited in 1972 immediately after Bangladesh's independence. In 1998, the Company changed its name and identity to British American Tobacco Bangladesh (BAT Bangladesh) aligning the corporate identity with other operating companies in the British American Tobacco Group. BAT Bangladesh is a part of British American Tobacco plc, one of the world’s most international businesses, with brands sold in more than 200 markets around the world. They make high quality tobacco products for the diverse preferences of consumers, spanning the business 'from crop to consumer' and they are committed to embedding the principles of corporate social responsibility Group wide. Page | 3

Chevron (Petroleum Industry): Chevron is one of the world’s leading integrated energy companies, involved in virtually every facet of the energy industry. Through Chevron’s subsidiaries in Bangladesh, the company operates three fields in the northeast of the country. Chevron is the largest producer of natural gas, accounting for over 55% of total domestic natural gas production. Their facilities also produce about 85% of the domestic condensate production. Condensate is liquid hydrocarbon produced with natural gas. Chevron Bangladesh has achieved a remarkable safety record, managing its operations with a workforce that comprises of about 95% Bangladeshi nationals. They work with communities across our operations, building long-term partnerships that foster economic development and lasting benefits to them. Chevron is working on projects to harness the country’s natural resources for its future energy security. For all our operations, they strive to demonstrate their commitment to safety and operational excellence, which are among Chevron’s core values. Innovative technology plays a key role in helping us deliver affordable, reliable energy that fuels human progress and economic growth. The technologies they deploy are not only cost-effective, but also help us recover additional resources from our existing fields. Corporate Social Responsibility is a core value of Chevron’s global business practice. In Bangladesh Chevron has been sponsoring social investment programs since 2006. Their community development initiatives focus on economic development, education, and health. Grameenphone Ltd (Telecommunication industry): Grameenphone, widely abbreviated as GP, is the leading telecommunications service provider in Bangladesh, with more than 70 million subscribers and 46.3% subscriber market share (as of January 2019). It is a joint venture between Telenor and Grameen Telecom Corporation. Telenor, a telecommunication company from Norway, owns a 55.8% share of Grameenphone, Grameen Telecom owns 34.2% and the remaining 10% is publicly held. Grameenphone was the first company to introduce GSM technology in Bangladesh, and built the first cellular network to cover 99% of the country. Standard Chartered Bank (Banking Industry): SCB BD (officially M/S Standard Chartered Bank Bangladesh Pvt. Ltd.) is a banking and financial services company headquartered in Dhaka, Bangladesh and a wholly owned subsidiary of Standard Chartered. Standard Page | 4

Chartered has been operating in Bangladesh for over a hundred years. After the partition of the subcontinent in 1947, Bangladesh became East Pakistan, thereafter Standard Chartered Bank started its business in 1948, in the port city of Chittagong. Standard Chartered Bank is doing well in Bangladesh. Debit card fee is at least 690 BDT (inclusive of 15% VAT) per year. Account maintenance fee for savings account is 690 BDT (inclusive of 15% VAT) which is taken as 345 BDT (inclusive of 15% VAT) each six months (usually on 1 January and 30 June). Standard Chartered Bank is currently promoting Saadiq Banking. Standard Chartered Bank Bangladesh has recently, as of January 2014 eased the procedure of getting International Credit Card and have come into competition by providing Visa and Master cards. HSBC (Banking Industry): HSBC, officially known as The Hong Kong and Shanghai Banking Corporation Limited, is a wholly owned subsidiary of HSBC, the largest bank in Hong Kong, and operates branches and offices throughout the Asia Pacific region, and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. "The Hongkong and Shanghai Bank" was established in British Hong Kong in 1865 and was incorporated as "The Hongkong and Shanghai Banking Corporation" in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was renamed "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC Group of Banks and Companies, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's business ranges from the traditional High Street roles of retail banking, commercial banking, corporate banking to investment banking, private banking and global banking. Citi NA (Citi Group, Banking Industry): Citi has been present in Bangladesh since 1987. Today Citi has three branches, two banking offices and more than 150 employees in Bangladesh. Citi in Bangladesh operates across the Institutional Clients Group (ICG) supporting global multinational companies, large Bangladesh corporates, financial customers and public sector clients with award-winning cash management, trade services, agency and trust, and direct custody and clearing solutions, as well as FX and lending. Citi has a well-developed Financial Institutions business supporting the crossPage | 5

border transactions of nationalized and private sector banks in the country. Citi also plays a vital role as the leading bookrunner of capital-market solutions for our clients in Bangladesh. Citi's Corporate Bank serves local corporates and multinationals across several industries, providing vital linkage and an integrated perspective throughout the Bangladesh supply chain and business operations. Nestle Bangladesh (FMCG:): BangladeshBusinessdir.com is one of the largest online business directory and yellow pages in Bangladesh. All listings are manually approved. In producing the geo-location directory listing, every effort has been made to include accurate and inclusive listings. Their specialties – import and export companies business listing, business information by company, Business Intelligence, Market Research etc. Siemens (Electronics): For around 59 years now, Siemens has been associated with the growth of emerging Bangladesh. Be it modernizing Bangladesh's infrastructure, enabling greener power generation or empowering with hospitals cutting-edge healthcare systems, Siemens in Bangladesh is playing a major role in creating a sustainable future for the country. Siemens has brought world class technologies and infrastructure to emerging markets like Bangladesh. Through its products and solutions, Siemens in Bangladesh has touched the lives of several million Bangladesh citizens. We need dedicated people from diverse backgrounds to sustainably enhance company’s values. Join our team to leverage on international career opportunities we have to offer and build a long-term career with us. We are an equal opportunity employer and promote diversity in our workforce. Our 110 brand ambassadors across Siemens in Bangladesh will tell you about the thriving global culture of the company. Ericsson (Telecom service industry): Ericsson (Telefonaktiebolaget L. M. Ericsson) is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company offers services, software and infrastructure in information and communications

technology

for

telecommunications

operators,

traditional

telecommunications and Internet Protocol (IP) networking equipment, mobile and fixed broadband, operations and business support services, cable television, IPTV, video systems, and an extensive services operation. Ericsson had 35% market share in the Page | 6

2G/3G/4G mobile network infrastructure market in 2012.The company was founded in 1876 by Lars Magnus Ericsson; as of 2016 it is headquartered in Stockholm, Sweden. The company employs around 95,000 people and operates in around 180 countries. Ericsson holds over 42,000 granted patents as of December 2016, including many in wireless communications Advanced Chemical Industries (ACI) Limited: ACI or Advanced Chemical Industries is one of the largest Bangladeshi conglomerates. The company operates through three reportable segments: Pharmaceuticals, Consumer Brands and Agribusiness. GlaxoSmithKline – GSK Bangladesh: The pharmaceutical sector is one of the thrust sectors in Bangladesh. Due to recent development of this sector, the industry is exporting medicines to global markets, including the European market. This sector is also providing 97% of the total medicine requirement of the local market. Leading companies are expanding their business with the aim to expand into the export market. GlaxoSmithKline (GSK) is a leading multinational healthcare company operating in Bangladesh for years. GSK aims at offering high quality medicines and vaccines to enhance the quality of human life around the world. This study on “Inventory Management and the Financial Performance of the Pharmaceutical Segment of GlaxoSmithKline Bangladesh Limited” was aimed to identify the impact of pharma segment’s inventory management on the financial performance of GSK. In this report we can see the financial performance of pharmaceutical segment of GSK Bangladesh LTD and comparison among its competitors. In addition, necessary suggestions are also provided for improving its present market condition. It is found that it would be wise for GSK to concentrate on formulating and exercising competitive business strategies, such as addressing efficient inventory management procedure, to regain its market position. Marico Bangladesh Limited: Marico Bangladesh Limited is amongst the top 3 FMCG MNC companies and a trusted brand in beauty and wellness space in Bangladesh. The company touches the lives of 1 out of every 2 Bangladeshis with an array of brands in various categories, including hair nourishment, edible oil and male grooming, through a strong distribution network that reaches more than 790,000 outlets throughout the Page | 7

country. Its flagship brand, Parachute completed its journey of 12 successful years in Bangladesh, with an ever-growing base of loyal consumers in October 2013. The brand has been amongst top 10 most trusted brands continuously since 2009 and was awarded the title of "Best Brand" by Bangladesh Brand Forum and Nielsen in 2011. Over the years, the company has strengthened its brand portfolio, most notably through the expansion of its VAHO (Value Added Hair Oil) segment. The VAHO segment now consists of several popular brands such as Parachute Beliphool Lite, Parachute Advanced, Parachute Cooling Hair Oil and Nihar Marico Bangladesh Limited also leads the powdered hair dye market with the Hair Code brand.The company continued to diversify its portfolio with the introduction of Saffola Active (a healthy edible oil) and Set Wet Deodorants in 2013. Berger Paints Bangladesh Ltd.: The origin dates back to 1760, when Louis Berger – a young German visionary, started dye and pigment making business in England. Louis involved his family into the business and eventually changed the status of the company to Louis Berger & Sons Limited. The company grew and expanded rapidly with a strong reputation for excellence in innovation and entrepreneurship. Augmented by the dreams of Louis Berger, the unrelenting expedition for conception and revolution in the world of color and paints still continues. Asian Paints (Bangladesh) Ltd. The company has come a long way since its small beginnings. It was set up as a partnership firm by four friends who wanted to take on one of the biggest, most famous paint companies operating in India at that time. Over the course of 75 years, we became a corporate force and Asia’s leading paint company. Driven by strong consumer focus and innovative spirit, the company has been gaining market ever since. Asian Paints aims to become one of the top five decorative coatings companies world-wide by leveraging its expertise in the higher growth emerging markets. Simultaneously, the company intends to build long term value in the industrial coatings business through alliances with established global partners. Reckitt Benckiser BD. Ltd.: Reckitt Benckiser (Bangladesh) Limited was established on 15 April, 1961. Earlier, the Company was known as Reckitt & Colman Bangladesh Ltd. Page | 8

however, in the year 2000, it changed its name to Reckitt Benckiser (Bangladesh) Limited after the completion of merger with Benckiser. The Company is engaged in manufacturing and marketing of household and toiletries products, pharmaceuticals products and food products. Some of the blockbusters of the Company are Dettol, Harpic, Mortein, Moov, Disprin, Trix, Mr. Brasso etc. The Company generates revenue primarily from household and toiletries products. In general, around 95% of total revenue was generated from household and toiletries products, around 4% from Pharmaceuticals Products and insignificant portion from food products. In the year 2013, Gross profit margin of household and toiletries products (45.5%) is also higher compared to that of Pharmaceuticals Products (29.9%). The firm was listed in the DSE on 1987 and in the CSE on 1995. Around 82.96% shares are held by Reckitt Benckiser plc, UK – the parent company, whereas Institutional Investors, General Investors and the Government held 8.41%, 4.86% and 3.77% shares respectively. Seimens BD Ltd.: Siemens in Bangladesh is playing a major role in creating a sustainable future for the country.Siemens has brought world class technologies and infrastructure to emerging markets like Bangladesh. Through its products and solutions, Siemens in Bangladesh has touched the lives of several million Bangladesh citizens.We need dedicated people from diverse backgrounds to sustainably enhance company’s values. Join our team to leverage on international career opportunities we have to offer and build a long term career with us. We are an equal opportunity employer and promote diversity in our workforce. Our 110 brand ambassadors across Siemens in Bangladesh will tell you about the thriving global culture of the company. Bata Shoe Company (Bangladesh) Ltd: Bata Bangladesh is a multinational footwear company in Bangladesh and the largest manufacturer and retailer of men, women and children shoes in Bangladesh. Bata, the world’s largest manufacturer and marketer of footwear operating across the globe, headquartered in Lausanne, Switzerland. Bata Shoe company operates in more than 70 countries around the world, having more than 5,000 international retail outlets and runs 27 production facilities across 20 countries. Since 1962, Bata Banglad...