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COMPANY PROFILE Of Beximco Group

Introduction:

BEXIMCO Group is the largest private sector industrial conglomerate in Bangladesh engaged in diverse business areas. BEXIMCO comprises of five publicly listed companies and sixteen private companies. The Group turnover in 2008 was BDT 18.5 billion. BEXIMCO employs 35,000 people and has 230,000 shareholders. BEXIMCOs shares constitute 4.84% of the market capitalization of DSE

History of BEXIMCO:

Since independence Bangladesh has come a long way, and the Beximco Group of Companies is honored to have had a role in the development of its parent nation. The Group has worked with a simple philosophy; identify an important need and then do everything possible to successfully satiate that need, in a manner which best facilitates the well being of the nation. As a result Beximco has focused on those industries which give Bangladesh a competitive advantage in the global market place in many cases creating the industries for the first time in the region. Throughout its four and a half decade journey the Group has been one of the leading innovators in the country. Presently Beximco Group comprises twenty one companies of which five are listed with the Dhaka Stock Exchange employing over 35,000 personnel and is the largest private sector industrial conglomerate in the nation. . In the course of its growth, it has created industrial and management capabilities that will serve the country for generations to come. It was the first local conglomerate to embrace an international corporate structure which is the foundation of its success. BEXIMCO's industrial businesses include jute, textiles, basic chemicals, pharmaceuticals, and ceramics. BEXIMCO's non- industrial. Undertakings are focused on real estate and construction, engineering, media, information technology, trading and financial services.

It is the creation and expansion of businesses critical to Bangladeshis development, businesses, which are developed and run by Bangladeshis, businesses that develop technologies and practices specific to the needs of the country, which is the defining characteristic of the BEXIMCO story.

Mission:

*Emphasizing the importance of the customer.
* Unleashing employee initiative by empowering them. *Viewing activities of the business as processes and the goal of continuous improvement.

Vision:

Each of their activities must benefit & add value to the common wealth of their society. They firmly believe that, in the final analysis they are accountable to each of the constituents with whom they interact; namely; their employees; their valued customers, their suppliers, their business associates, their shareholders & their fellow citizens

Objective&goals:
*Concentrating on take over real estate business from shinepukur holdings ltd.
*Continuing personal development is the constant obligation of all employees and constant responsibility of all Executives, Managers and Supervisors.
*The development and use of human potential and a learning organization is our bridge to continued success in the future

Owner:
A S F Rahman is Chairman of the Beximco Group, the largest private sector industrial group in Bangladesh. During the past 45 years A S F Rahman has played the leading role with his brother, Salman F Rahman, in building up the Group's industrial and service activities.

Board of Directors:

Mr. A S F Rahman Chairman Mr. Salman F Rahman Vice Chairman Dr. Abdul Alim Khan Company Secretary Mr. Md. Lutfur Rahman Chief financial officer Mr. Azhar Uddin Ahmed Chief of Internal Audit Mr. Iqbal Ahmed Director Mr .M A Qasem Director Mr. O K Choudhury Director Mr. A B S Rahman Director Mr. Md. Asadullah Director

Business Areas: Sister concern

Pharmaceuticals • Beximco Pharmaceuticals Ltd. • Bangladesh Antibiotics Industries Ltd. • Pharmatek Chemicals Ltd.

ICT & Media • Beximco Computers Ltd. • Beximco Media Ltd.

Textile • Bextex Ltd. • Beximco Fashions Ltd. • Beximco Apparels Ltd. • International Knitwear & Apparels Ltd. • Crescent Fashions Ltd. • Trading, Real Estate & Co

Synthetics • Beximco Synthetics Ltd.
Trading, Real Estate & Construction • Bangladesh Export Import Co. Ltd. • Beximco Engineering Ltd. • Beximco Property Development & Management Ltd.
Ceramics
• Shinepukur Ceramics Ltd.
Aviation
• GMG Airlines Ltd.
Jute
• Sonali Ansh Ltd. • New Dacca Industries Ltd.
Travel Services Bextrade Ltd.

BEXIMCO Group:

Beximco Group is supposed to be Bangladesh's largest private sector industrial enterprise. It has targeted the industries the country needs most for progress and improved living standards. Beximco is also focused on those industries, which make the most of Bangladesh's competitive advantages in the international market. Through its ongoing growth, it has created industrial and management capabilities that will serve the country for generations. BEXIMCO's industrial sector includes jute, textiles, basic chemicals and pharmaceuticals and marine foods. Non-industrial undertakings are focused on real estate and construction, engineering, media, information technology, trading and financial services.
(Operational Area with products of every sector):
BEXIMCO Textile Division:
BEXIMCO Textile Division consisting of 7 industries having the capability to offer a complete product range for the export and domestic textile markets. BEXIMCO Textiles Ltd. (BTL) is the most modern composite mill in the region. BTL has an installed capacity of 288 high-speed air-jet looms in its weaving section and a high-tech dyeing and finishing section with a capacity of 100,000 yards of finished fabric per day. BEXIMCO Knitting Ltd. is a state of the art composite knit fabric production mill, which serves the growing needs of high-quality knit garments exporters in Bangladesh.
BEXIMCO Denims Ltd. was set up to capitalize on Bangladesh's growing volume of high-value-added niche garments. BEXIMCO Fashions Ltd., a 100% export oriented garments factory is located in the Dhaka Export Processing Zone at Savar. Padma Textile Mills Ltd. cotton and polyester blended yarn-spinning mill, with 122,000 spindles is one of the largest spinning mills of the country. BEXIMCO Synthetics Ltd. is a polyester filament yarn and drawn texturized yarn (DTY) production unit located near the BEXIMCO Industrial Park. BEXIMCO Apparels Ltd. is another 100% export oriented garments factory of the Beximco Textiles Division. It specializes in women's tops and men's shirts.

BEXIMCO Pharmaceuticals Ltd.:

Beximco Pharmaceuticals Ltd. (BPL) is the leading pharmaceutical manufacturer in the country. BPL manufactures and markets a high quality and cost-effective formulations covering all major therapeutic groups. Products are made under license of Upjohn Incorporated, USA followed. After its initial years of struggle it broke ground with the launching of its own products in 1983. Today, BPL holds a 15% share in the domestic market after competing with such Multinational Giants as Glaxo Welcome, Novartis, Hoecsht, Rhone Poulenc Rorer, Fisons etc. Beximco Infusions Ltd., another wing of the Chemical Division went into production in July 1993 with an annual production capacity of 6 million bottles of life saving I.V. fluids.
Pharmatek Chemicals Ltd.:
Pharmatek Chemicals Ltd. is the leading bulk producer of paracetamol in Bangladesh. It caters to almost 60% of the local market and supplies its products to both national and multinational companies operating in Bangladesh.
I & I Services Ltd.:

I & I Services Ltd. is the distribution wing of the Chemical Division. It
Maintains a large distribution network and covers 20,000 customers
Nationwide

BEXIMCO Jute Division:

BEXIMCO Jute Division is the world's largest jute yarn and twine manufacturer and exporter with 12% of the world jute yarn and twine trade. Annual Exports are currently over 20,000 MT. BEXIMCO was the pioneer in manufacturing specialized jute yarn and twine for Axminister carpet and continues to explore new product and market opportunities worldwide.
ShinepukurHoldings:

ShinepukurHoldings Real Estate Division began with a mission to segment the real-estate market and develop demographically specific housing projects. Its Manoshi lake view

project is a landmark. It offers a prime location and dependable construction quality at a fraction of the costs of other developers' offerings.

BEXIMCO Engineering Ltd.:

BEXIMCO Engineering Ltd. (BEL) has been providing high quality civil engineering and consulting services to both the government and the private sector for over a decade. It was the largest sub-contractor of the historic Jamuna Bridge. The firm is also involved in a number of road development and infrastructure projects.

BEXIMCO Fisheries Ltd.:
The move of Beximco Fisheries Ltd. towards higher-yielding varieties of marine foods is another example of an innovative approach to doing things better. It nurtures a pilot project in the coastal Cox's Bazaar.
BEXIMCO Trading Division:

BEXIMCO Trading Division represents some of the world's best companies. With a brand portfolio that includes Wartsilla SA (generation equipment), Arjo Wiggins (security & treasury papers) of France, and DuPont Inc. (chemicals), Sterling Diagnostic Imaging Inc. (film products) and Valvoline Inc. (petroleum products and industrial lubricants) of the USA. The Trading Division also represents overseas marine food buyers by acting as a sourcing agent on their behalf and providing quality-control and inspection services.

BEXIMCO Media:
BEXIMCO Media is the owner of the daily Independentand Mukto
Kantho, the dailies well-respected by readers all over the country. BEXIMCO Media's magazines, the fortnightly Ananda Bhuban, Shaili and the weeklyOnny esh a are proving a hit with an increasing number of readers. BEXIMCO has also launched a news agency calledA sso ciat e d Press of Bangladesh to provide up-to-date and accurate news-feeds to

the Bangladeshi press. Beximco has a firm position on the Information Superhighway.Be xi mco Computers Ltd. is still the nation's largest volume re-seller of IBM PCs and has also teamed up with HCL-HP of India to exclusively market HCL PCs in Bangladesh. Its software client portfolio continues to include an increasing number of blue-chip companies and organizations, including a number of "mission critical" applications in several Government Departments. With the launch of a new version ofB exi Ban k, an integrated multi-user, multi- tasking banking application system, Beximco Computer Ltd.'s software is in use at over 300 branches of 15 major banks nationwide. Beximco first venture into education, Beximco Systems Ltd. is a joint collaboration with NI I T, the largest information technology institute of India. Modeled after NIIT's highly successful training centers across India, the NIIT Centers in Bangladesh have the highest growth rate of any NIIT facility for enrollment levels in its short courses and degree programs.
Bangladesh Online Ltd.:

Bangladesh Online Ltd. (BOL), Beximco Internet Company, has the fastest access among ISPs in Bangladesh via 116 lines @33.6 kbps. BOL offers a complete range of Internet services including, 24 hours a day, 365 days a year live technical support, Complete on-site installation and user training, Simplified one click instant login, Unlimited e-mail, Unlimited web browsing, Internet news containing hundreds of the most popular newsgroups, Local video conferencing, Game server for high speed, 24 hours interactive gaming on BOL Gaming Zone (BGZ), Massive FTP site full of the hottest free games & software, Interactive chat exclusive for BOL members, and a Full service web site containing links to valuable information, powerful members tools, cool demos & help files. It's Email to Fax Service saves costs on Faxing as well
Shinepukur Ceramics:
Shinepukur Ceramics in collaboration with NIKKO, a premier Japanese Company, manufactures and markets high quality porcelain and Bone chi

In Harmony with Environment:
Beximco believes in sustainable development and gives highest priority to preservation of nature and ecological balance. The entire industry site is harmoniously integrated with the surrounding landscape and the native ecosystem of the area has been delicately preserved.
(Social responsibility)
Beximco have Biological Treatment and Energy Conservation Program. State-of-the-art technology has been used in the effluent treatment plant in their dye house for biological treatment of waste. Beximco also use comprehensive energy conservation program. This feeds back all recyclable energy into our various systems, especially for our air-conditioning purpose. Their investment in this program has made us energy efficient and environmentally conscious entity. From the concern of social welfare the company provides number of positions to unemployed.
Social welfare
Bangladesh’s leading anti-AIDS drug manufacturer Beximco Pharmaceuticals Limited observed the World AIDS Day by sensitizing people about the deadly AIDS.
Also the country’s premier drug manufacturer, Beximco Pharma participated in an exhibition, organised by the government-sponsored National AIDS/STD Programme (NASP), as part of its social commitment. Health minister inaugurated the exhibition at Osmani Memorial Hall.
Beximco took part in the exhibition in an attempt to create mass awareness against AIDS and inform people of the availability of anti-AIDS drugs in Bangladesh, a senior official of the company said.

The other objective is to introduce local non-governmental organisations (NGOs) working on AIDS to its anti-AIDS drugs including Avifanz, Avifix, Avilam, Diavix and Triovix tablets, the official said.
Beximco Pharma also pasted 50,000 AIDS-awareness posters in Dhaka City and hundreds of thousands of others in other parts of the country.
Earlier, the company took out a colourful procession from its office to the exhibition venue. Hundreds of people took part in the procession sporting T-shirts with anti-AIDS slogans.
Beximco Pharma has also sponsored awareness-building programmes of local NGOs, including the awareness-building endeavours of NGO workers who drove around the capital singing anti-AIDS songs.

The SLOGAN of this year’s World AIDS Day is “Stop AIDS; Keep the Promise”
Feed Back:
Here we try to describe about Beximco Bangladesh Limited. We know Beximco group one of the biggest & largest groups of companies in our country. To read our assignment anyone can know about Beximco Group. As a student of Business Administration we should know about Beximco, because Beximco group is one of the largest business enterprises. When we try to know about this company it helps to build-up our Business career. As a giant industry the company has huge opportunity to make us sophisticated in every sector.If the company provides more opportunity to people the term “Digital Bangladesh can come to a reality. Such as they can put importance on IT sectors to cope up with the modern world. They also need to open sectors where we are back dated till now.
Recommendation:

Without any reference no one can easily enter in Beximco Ltd.
Communication system is very poor in Beximco Security section. Here in Beximco Ltd.

Communication system day by day is updating but production side machine maintenance day by day is decreasing. Here internal labor politics is high. Corruption is the main problem for affecting their company .Necessary steps should take to reduce problems.

Conclusion:
Beximco Bangladesh Ltd. one of the largest group of companies in our country. Beximco Group is supposed to be Bangladesh's largest private sector industrial enterprise. It has targeted the industries the country needs most for progress and improved living standards. Beximco is also focused on those industries, which make the most of Bangladesh's competitive advantages in the international market. Through its ongoing growth, it has created industrial and management capabilities that will serve the country for next generations……...

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