Partex Group

Last updated
Partex Group
Company type Private
Industry Conglomerate
Founded1962;63 years ago (1962) [1]
Founder MA Hashem [2]
Headquarters
Dhaka
,
Bangladesh
Key people
Aziz 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) [3]
Number of employees
Over 70,000 [1]
Website www.partexstar.com , www.partexgroup.com , www.partex.net

Partex Group is a family-run conglomerate in Bangladesh, consisting of over 70 factories. [4] The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, and plastics. [5]

Contents

History

The company was begun in 1962 by industrialist M. A. Hashem, with commodity trading. [2] 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. [5]

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.


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