Akij

Akij
Public
Industry Textile, Tobacco, Cement, Ceramics, Jute, Pharmaceuticals
Founded 1940
Headquarters Dhaka, Bangladesh.
Revenue ↑ US$ 5 billion (2015)
Website www.akij.net

Akij Group is one of the largest Bangladeshi industrial conglomerates.[1][2] The industries under this conglomerate include Textiles, Tobacco, Food & Beverage, Cement, Ceramics, Printing and Packaging, Pharmaceuticals, Consumer products etc.In 2009,[3][4] Akij Group paid 390 million euros in tax, making it the biggest local tax-payer, contributing two per cent to this nation’s entire budget. Akij also provides services in Healthcare, Information and Communication Technology. Its turnover in 2009 was 89 billion Taka.[5]

Akij Group was established in the 1940s by industrialist Sheikh Akij Uddin as a jute trading business, before moving into cigarettes and other areas of business.[5][6] It has faced criticism for employing child workers.[7]

List of companies

References

  1. Bahree, Megha. "Islami Bank: Bangladesh's Most-Watched Bankers". Forbes. Retrieved 2016-10-29.
  2. "Akij Group to branch out into new avenues". The Daily Star. 2009-06-24. Retrieved 2016-10-29.
  3. "Akij to invest Tk 1,500cr in three plants in its economic zone". The Daily Star. 2016-09-23. Retrieved 2016-10-29.
  4. "Big players buy cargo ships". The Daily Star. 2010-12-09. Retrieved 2016-10-29.
  5. 1 2 Sajjadur Rahman, "Akij goes green", Daily Star (Bangladesh), December 19, 2010, http://www.thedailystar.net/newDesign/news-details.php?nid=166417
  6. "Akij Gr set to overtake RAK Ceramics to become country's biggest tiles maker", The Financial Express, http://www.thefinancialexpress-bd.com/more.php?news_id=143389&date=2011-12-05
  7. "Tobacco industry robs Bangladesh child workers of childhood". bdnews24.com. Retrieved 2016-10-29.
  8. "Akij celebrates Independence Day", The Daily Star (Bangladesh), May 23, 2012, http://www.thedailystar.net/newDesign/news-details.php?nid=228610
  9. "Akij Food brings in German technology to produce juice". The Daily Star. 2013-10-04. Retrieved 2016-10-29.
  10. "Thousand bidi workers lose job as Akij factory closes suddenly". The Daily Star. 2016-04-04. Retrieved 2016-10-29.
  11. "Akij secures $43m from HSBC to expand particle board business". The Daily Star. 2015-09-23. Retrieved 2016-10-29.
  12. "No fly-ash in Akij cement: Official". The Daily Star. 2013-10-10. Retrieved 2016-10-29.
  13. http://www.akijfoundation.com

External links

This article is issued from Wikipedia - version of the 10/29/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.