City Group

City Group (Bengali: সিটি গ্রুপ) is one of the largest Bangladeshi conglomerates. It began on 6 February 1972 as a mustard oil company venture under the name City Oil Mills. The first project of City Oil Mills turned out to be very successful. After then, the company grew very quickly. It presently owns more than 23 major concerns located throughout Bangladesh. Now City Group stands as one of top ten business houses in Bangladesh.[2]

City Group
TypePrivate
IndustryConglomerate
Founded6 February 1972 as City Oil Mills[1]
FounderMr. Fazlur Rahman
HeadquartersCity House, House # NW(J) 06, Road # 51, Gulshan-2, Dhaka- 1212, Bangladesh
Key people
Mr. Fazlur Rahman (Chairman & Managing Director)


Mr. Md. Hasan (Director)
ProductsConsumer goods, Foods, Steel, Printing & Packaging, Shipping, Power & Energy, Shares and Securities, Insurance, Media, Healthcare etc.
BrandsTEER, NATURAL, SUN, JIBON, BENGAL
Number of employees
10,000+

History

City Group was established by Fazlur Rahman, a business magnate in the private sector of Bangladesh. City Group began on 6 February 1972 as a mustard oil company venture.[3] After its first successful project, City Group invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1990s; these included consumer goods, foods, steel, printing & packaging, shipping, power and energy, shares and securities, insurance, media, and healthcare.[4]

List of companies

City Group now operates over 23 major concerns:

  • City Oil Mills[5]
  • City Re-rolling Mills
  • City Vegetable Oil Mills Ltd.
  • City Fibers Ltd.
  • Hasan Plastic Industries Ltd.
  • Hasan Flour Mills Ltd.
  • Hasan Printing & Packaging Ltd.
  • Hasan Containers Ltd.
  • City Navigations Ltd.
  • City PET Industries Ltd.
  • Shampa Oil Mills Ltd.
  • City Dal Mills Ltd.
  • Farzana Oil Refineries Ltd.
  • VOTT Oil Refineries Ltd.
  • City Feed Products Ltd.
  • Deepa Food Products Ltd.
  • City Seed Crushing Industries Ltd.
  • City Salt Industries Ltd.
  • City Sugar Industries Ltd.
  • C.S.I Power & Energy Ltd.
  • Rahman Synthetics Ltd.
  • Hamida Plastic Industries Ltd.
  • Shampa Flour Mills Ltd.
  • Hasan Securities Ltd.
  • City Bran Oil Ltd.
  • Dhaka Insurance Ltd.[6]
  • Somoy Media Ltd.[7]
  • Asgar Ali Hospital Ltd.
  • New Sagurnal Tea Co. Ltd. Juri, Moulovibazar.
  • Nahar Tea Estate, Sreemongal, Moulovibazar.
  • Chandpur Belgaon Tea estate, Banskhali, Chittagram.

See also

References
  1. "Archived copy". Archived from the original on 29 October 2016. Retrieved 4 May 2014.CS1 maint: archived copy as title (link)
  2. "Jamuna Bank Ltd". www.jamunabankbd.com. Retrieved 29 October 2016.
  3. "City Group: Timeline". www.citygroup.com.bd. Archived from the original on 29 October 2016. Retrieved 29 October 2016.
  4. "Bottled soybean oil up, as refiners renege on promises". Thefinancialexpress-bd.com. 24 July 2012. Retrieved 20 October 2013.
  5. "City Group : Concerns". www.citygroup.com.bd. Archived from the original on 29 October 2016. Retrieved 29 October 2016.
  6. "View Chairman". www.dhakainsurancebd.com. Retrieved 29 October 2016.
  7. "Islami Bank Bangladesh Ltd: News & Events". www.islamibankbd.com. Retrieved 29 October 2016.
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