Type Private Founder Mr. Fazlur Rahman | Founded 1972 | |
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Key people Mr. Fazlur Rahman (Chairman & Managing Director)Mr. Md. Hasan (Executive Director) Products Consumer goods, Foods, Steel, Printing & Packaging, Shipping, Power & Energy, Shares and Securities, Insurance, Media, Healthcare etc. Brands TEER, NATURAL, SUN, JIBON | ||
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.
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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. 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.
List of companies
City Group now operates over 23 major concerns: