Native name ট্রান্সকম গ্রুপ Area served Worldwide Founded 1885 Type of business Privately held company | Website transcombd.com Founder Latifur Rahman Number of employees 14,000 | |
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Key people Latifur Rahman (Chairman) Subsidiaries ToonBangla, Bangladesh Lamps, Transcom Electronics Limited | ||
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 like Pizza Hut, KFC, Pepsi and Philips, etc. 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 1885 as a tea plantation company.
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History
Latifur Rahman established Transcom Group in 1973 after W Rahman Jute Mills, the major earning source for the Rahman family, was nationalised in 1972. 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.
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.
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. Rahman is also the vice president of ICC Bangladesh, and chairman of Nestlé Bangladesh, Holcim Bangladesh and National Housing Finance and Investments.He is a director of Linde Bangladesh (formerly British Oxygen) and member of the governing board of BRAC, the world's largest non-governmental organization.