Transcom Group

Transcom Group Limited is a Bangladeshi business conglomerate. The businesses under this group include beverage, pharmaceuticals, newspaper, radio channel, electronics, foods, etc. Transcom is the local agent or comprador of international brands.[1] This group employs more than 10,000 people. Transcom Group is one of the oldest and biggest companies in Bangladesh. Their operation in Bangladesh initially started in 1985 as a tea plantation company.[2]

Transcom Group
Native name
ট্রান্সকম গ্রুপ
TypePrivate
IndustryConglomerate
Founded1985
FounderLatifur Rahman
Headquarters
Dhaka, Chittagong
,
Bangladesh
Area served
Bangladesh
Key people
Latifur Rahman (Chairman)
ProductsDistribution, Pharmaceuticals, Media, Electronics, Electrical
Number of employees
17,000+
Websitetranscombd.com

History

Latifur Rahman established Transcom Group in 1973[3] after W Rahman Jute Mills, the major earning source for the Rahman family, was nationalised in 1972.[4] This diversified business house now has interests in many segments in the industrial and service sectors in Bangladesh. Transcom is the local agent or comprador of international brands like Pizza Hut, KFC, Pepsi and Philips, etc. Leading Danish insulin manufacturer Novo Nordisk has also chosen Transcoms pharmaceutical company Eskayef as the sole manufacturer of its products after China and India in Asia.[5]

Some of the foreign brands managed by the group include: Pepsi, 7Up, Mirinda, Mountain Dew, Diet Pepsi, 7up Light, Aquafina, Sting, Evervess, KFC, Pizza Hut, Philips N.V, Whirlpool, Maybelline, Garnier, Heinz, Frito-Lay, Lindt, Servier, Novo Nordisk.

Transcom Group also owns two major newspapers, The Daily Prothom Alo and The Daily Star, and a FM radio channel, ABC Radio, to advocate in favour of their business policy.[6]

Some other ventures by Transcom Group include Pharmaceuticals (Eskayef Pharmaceuticals Ltd.), Distribution (Transcom Distribution Company ltd), etc.

The chairman and CEO of Transcom Group, Latifur Rahman, won the 2012 Oslo Business for Peace Award for maintaining commitment to social responsibility and ethical values.[7] Rahman was also the vice president of ICC Bangladesh, and chairman of Nestlé Bangladesh, Holcim Bangladesh and National Housing Finance and Investments. He was a director of Linde Bangladesh (formerly British Oxygen) and member of the governing board of BRAC, the world's largest non-governmental organization.[5]

List of companies

Companies

Associates

References
  1. http://www.bgdportal.com/Business-Commerce/Group-of-Company/index4.html
  2. "Transcom Bangladesh". Corporate Bangladesh. Retrieved 6 June 2014.
  3. Latifur Rahman (19 May 2012). "Latifur Rahman, Chairman & CEO of Transcom Group in Bangladesh - 2012 Business for Peace Award Recipient". vimeo.com. 2lead. Retrieved 10 February 2017.
  4. "Transcom chief dreams big: Latifur Rahman shares his vision in EBL lecture on leadership". The Daily Star. Retrieved 10 February 2017.
  5. "Latifur wins Business for Peace Award". The Daily Star. 18 April 2012. Retrieved 6 June 2014.
  6. Selim Reza Newton. "Bazarer Juge Sahitya O Sangbadikata". Media Samaj Sanskriti (in Bengali). Dhaka: Agami Prakashani. ISBN 9789840415571.
  7. "The 2012 Business for Peace Awards". Business for Peace Foundation. Retrieved 28 January 2017.
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