Partex Group

Partex Group
TypePrivate
IndustryConglomerate
Founded1962; 64 years ago (1962)
FounderMA Hashem
Headquarters
Dhaka
,
Bangladesh
Key peopleAziz Al Kaiser (chairman, Partex Star Group), Aziz Al-Mahmood (managing director, Partex Star Group), Rubel Aziz (managing director, Partex Group)
ProductsFood & beverages, steel, real estate, furniture, plastics, paper, power & energy, jute, agribusiness, shipyards, shipping, cotton, textile, construction, IT, cables, aviation, PVC, ceramics, telecommunication, oil, logistics, fisheries
RevenueUS$800 million (2010)
Number of employees
Over 70,000
Websitewww.partexstar.com, www.partexgroup.com, www.partex.net

Partex Group is a family-run conglomerate in Bangladesh, consisting of over 70 factories. The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, and plastics.

History

The company was begun in 1962 by industrialist M. A. Hashem, with commodity trading. Now it owns over 70 subsidiaries from tobacco to consumer goods, furniture, textiles and the IT sector. It is now split into two groups to improve management of its subsidiaries - Partex Group and Partex Star Group.

Hashem founded two private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB).

List of companies

See also

References

  1. 1 2 "About Us". Archived from the original on 2016-11-22. Retrieved 2014-05-07.
  2. 1 2 "How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires". The Times of India. Retrieved 2016-04-02.
  3. ↑ "Partex Group Overview". LinkedIn.
  4. ↑ "PARTEX - About Us".
  5. 1 2 Rahman, Sajjadur (6 July 2010). "Partex Group splits". The Daily Star.
  6. ↑ "Partext Star Group Corporate". Partext Star Group.
  7. ↑ "Partex Furniture opens new showroom". The Financial Express. Dhaka. Retrieved 2016-04-02.
  8. ↑ "Welcome". Partext Petro.
  9. ↑ "Partex Group chairman fails to turn up at ACC". Prothom Alo. Archived from the original on 2016-09-18. Retrieved 2016-04-02.
  10. ↑ "Enterprises". Archived from the original on 2015-07-21. Retrieved 2014-05-07.