Karnaphuli Group

Last updated
Karnaphuli Group
Type Private
Industry Conglomerate
Founded1954
Founder Hedayat Hossain Chowdhury
Headquarters
Chittagong
,
Bangladesh
Key people
Hamdan Hossain Chowdhury (Group Director). [1]
ProductsDistribution, manufacturing, media, retail, shipping, telecommunications [2]
RevenueUSD 270 million [3]
Number of employees
3238 [3]  (2022)
Website www.karnaphuli.com

Karnafuli Group is one of the largest Bangladeshi industrial conglomerates. [4] [5] The industries under this conglomerate include port, shipping and logistics, media, health care, real estate, automobiles, finance, insurance etc. [6] The Managing Director of the group is Saber Hossain Chowdhury, an Awami League member of parliament and son of Hedayet Hossain Chowdhury [7] who is also a director of HRC Group, another Bangladeshi conglomerate. [8]

Contents

History

Karnafuli Group was established in 1954 by Hedayet Hossain Chowdhury. [9] The group is named after the Karnaphuli River. [9] Hedayet Hossain Chowdhury's grandson, Hamdan Hossain Chowdhury, is a director of the group. [10]

In 2014, the group signed an agreement to distribute and service Haojue motorcycles of China in Bangladesh. [11] Karnaphuli Group, Metro Group, and Partex Star Group (Partex Group) founded Sky Telecommunication which launched Zelta mobiles in 2015. [12]

Karnaphuli Group is the only Bangladeshi group involved container shipping and owns 65 vessels. [13] It operates Chittagong to Colombo and Chittagong to Singapore and Port Klang line. [14] [15]

In 2016, the group's partner Hanjin Shipping Lines, a South Korean company, declared bankruptcy in Bangladesh. [16]

List of companies

Shipping and logistics

Media

Healthcare

Real estate

Financials

Telecommunication

Trading

See also

Related Research Articles

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References

  1. ↑ "Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director". The Daily Star. 2022-01-25. Retrieved 2020-02-06.
  2. ↑ "Areas of Activities". Karnaphuli.
  3. 1 2 "Mission and Vision". Karnaphuli.
  4. ↑ "HR Lines to buy four new ships from Chinese builder". The Daily Star. 2021-11-12. Retrieved 2022-02-06.
  5. ↑ "New feeder vessels of Karnaphuli Group to cut transhipment time". The Business Standard. 2021-04-04. Retrieved 2022-02-07.
  6. ↑ "HR Lines to buy four new ships from Chinese builder". The Daily Star. 2021-11-12. Retrieved 2022-02-06.
  7. ↑ "Management-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  8. ↑ "Saber Hossain's father passes away". Risingbd.com. Retrieved 2022-02-07.
  9. 1 2 "About-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  10. 1 2 "Karnaphuli Group's shipping business flourishes even in third generation". The Business Standard. 2020-11-01. Retrieved 2022-02-07.
  11. ↑ "New bikes on the road". The Daily Star. 2014-07-08. Retrieved 2022-02-07.
  12. ↑ "Zelta mobiles hit market". The Daily Star. 2015-09-21. Retrieved 2022-05-15.
  13. ↑ Barua, Dwaipayan (2021-03-17). "Karnaphuli to expand fleet of container vessels". The Daily Star. Retrieved 2022-02-07.
  14. ↑ Barua, Dwaipayan (2021-11-12). "HR Lines to buy four new ships from Chinese builder". The Daily Star. Retrieved 2022-02-07.
  15. ↑ "Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director". The Business Standard. 2022-01-25. Retrieved 2022-02-07.
  16. ↑ Barua, Dwaipayan (2018-02-07). "CPA selling off Hanjin's containers 'for arrears'". The Daily Star. Retrieved 2022-02-07.
  17. ↑ "HR lines | HR lines limited". hrlinesbd.com. Retrieved 2022-02-07.
  18. 1 2 3 "Media and Publishing-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  19. ↑ "Health Care-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  20. ↑ "Real Estate-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  21. ↑ Islam, Shariful; Alam, Helemul (2012-05-18). "Taxi relief on Dhaka roads not in sight". The Daily Star. Retrieved 2022-02-07.
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