Wikipedia

PRAN-RFL Group

This article is about the brand. For other uses, see Pran (disambiguation).

PRAN-RFL Group (Bengali: প্রাণ-আরএফএল গ্রুপ) is a Bangladeshi conglomerate,[3] founded in 1981 by Amjad Khan Chowdhury. It is one of the largest conglomerates in Bangladesh[4] Pran-RFL Group is headquartered in Dhaka, Bangladesh, and employs over 1,00,000 people worldwide making it the largest employer brand in the country. The group operates under several subsidiaries, including Pran Foods, RFL Plastics, Pran-RFL Healthcare, and many others.[5]

PRAN-RFL Group
Company typePublic
DSE: (PRAN)

CSE: (PRAN)
DSE: (RFL)

CSE: (RFL)
IndustryConsumer goods
Founded1 January 1981; 43 years ago (1981-01-01)
FounderAmjad Khan Chowdhury
HeadquartersDhaka, Bangladesh
Area served
Worldwide
Key people
{{unbulleted list
Products
List
Brands
List
    • Pran Foods Ltd.
    • RFL Plastics
    • Vision Electronics
    • Jhatpat frozen food
    • Bisk Club Biscuits
    • All Time Bakery
    • Wonder Bakery
    • Pran Beverages
    • Pran Dairy Products
    • WINNER Electronics
    • SHINE Bathroom Fittings
    • CLICK Cables
    • DURANTA Bicycles
    • Regal Furnitures
RevenueIncrease ৳4.69 billion (US$39 million)
(FY 2022)[1][2]
Increase ৳359.72 million (US$3.0 million)
(FY 2022)[1]
Increase ৳83 million (US$690,000)
(FY 2022)[1]
Total assetsIncrease ৳1.92 billion (US$16 million)
(FY 2022)[1]
Total equityIncrease ৳998.87 million (US$8.3 million)
(FY 2022)[1]
Number of employees
10,757 (2022)
Website

Pran Foods is the flagship company of the group and RFL is the subsidiary company mostly consisting of plastic and steel products.

The company has been accused many times for not maintaining the food quality standards by the food safety authorities.[6]

History

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PRAN (Programme for Rural Advancement Nationally)[7] was established in 1981 by retired Major General Amjad Khan Chowdhury and has become one of the largest food and beverage brands in Bangladesh.[8][9] PRAN pioneered agribusiness in Bangladesh by providing farmers with guaranteed prices.[10] PRAN Foods, a subsidiary of the PRAN-RFL Group,[11] produces a number of agricultural products under the PRAN banner. PRAN established a subsidiary company in UAE in 2003.[12]

In 2008, the company announced plans to open a production facility in Tripura, India, after the Indian government lifted the ban on direct investment from Bangladesh in 2007.[13] The PRAN group's exports had reached 10 billion taka by 2016, with the biggest markets for the company in India, Saudi Arabia, the UAE, Malaysia, and Oman.[14] The same year the revenue for PRAN exceeded US$500 million.[15] PRAN started exporting potatoes in March 2016.[16]

In April 2016, PRAN started to export cassava and the first shipment, worth US$3 million, was sent to New Zealand.[17] PRAN has 80 thousand direct employees and 200 thousand indirect employees.[18] PRAN exports to over 118 countries.[19]

PRAN started exporting through river route to India from Bangladesh in March 2021.[20]

Pran-RFL Group has several joint ventures with international companies, such as PepsiCo, Danone, and Nestlé.

Businesses

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PRAN-RFL Group contains two Groups, called PRAN-Group & RFL-Group.

Businesses operating under these groups contains several registered companies/businesses. Below are some of them-[21]

Registered Business & Sister Concerns of PRAN-RFL Group
PRAN Group RFL Group Other sister concerns
Agricultural Marketing Co. Ltd Rangpur Foundry Limited Property Development Limited
Mymensingh Agro Limited Gonga Foundry Limited AKC (Pvt.) Limited
Banga Bakers Limited RFL Plastics Limited AKC Management Limited
Natore Agro Limited Durable Plastic Limited Logi-Care Overseas Limited
Natore Dairy Limited Banga Plastic International Limited Career Builders Limited
PRAN Agro Limited Rangpur Metal Industries Limited Banga Trading House Limited
PRAN Agro farm Business Limited Banga Building Materials Limited Tasty Treat
PRAN Beverage Limited Trade Environment Limited RFL Door
PRAN Confectionery Limited Allplast Bangladesh Limited
PRAN Dairy Limited RFL Electronics Limited
PRAN Foods Limited Getwell Limited[22]
Banga Miller Limited Bangladesh Lift Industries Limited
Banga Agro Processing Limited RFL Construction Limited
Advance Personal Care Limited Multi -Line Industries Limited
Chorka Fashions Limited Accessories World Limited
Chorka Textile Limited Habiganj Ceramics Limited
Habiganj Agro Limited Habiganj Glassware Limited
Habiganj Textile Limited Habiganj Metal Industries Limited
Packmat Industries Limited RFL Exports Limited
Vision Electronics
Sun Basic Chemicals Limited
Sylvan Technologies Limited Sera Water Tank
Sylvan Poultry Limited Shine Tiles
PRAN Exports Limited CLICK Light
Duranta Bicycle
Bizli Cables
Rainbow Paints
Saudi Lubricants

Awards

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Factories

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References

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  1. ^ a b c d e "Annual Results 2022". WSJ. Retrieved 11 March 2023.
  2. ^ "Annual Results 2022". WSJ. Retrieved 11 March 2023.
  3. ^ Khaled, Kowsher Jahan (24 January 2008). "Pran to build first foreign plant in India". The Daily Star. Retrieved 10 March 2023.
  4. ^ Chakma, Jagaran (16 January 2023). "Pran-RFL to invest $22.5m in four sectors". The Daily Star. Retrieved 10 March 2023.
  5. ^ "Global Footprint". PRAN Foods Ltd. 16 April 2017. Retrieved 10 March 2023.
  6. ^ "Arrest warrant against Pran Group's CEO". The Business Standard. 23 June 2019. Retrieved 15 November 2024.
  7. ^ "First Bangladeshi food processing unit in India". Business Standard. India. 4 June 2015. Retrieved 31 March 2017.
  8. ^ "Amjad Khan's death anniv observed". Prothom Alo. Archived from the original on 5 February 2017. Retrieved 31 March 2017.
  9. ^ Bilkis, Shahana (12 March 2014). "Bangladeshi agro-processed food has good prospect abroad". The Financial Express. Dhaka.
  10. ^ Sobhan, Rehman (4 October 2010). Challenging the Injustice of Poverty: Agendas for Inclusive Development in South Asia. SAGE Publications. p. 111. ISBN 9788132104681.
  11. ^ "GDCL to arrange Tk 1b fund for Pran thru Islamic Bond issue". The Daily Observer. Retrieved 31 March 2017.
  12. ^ Basit, Abdul. "Pran Foods expects 60% sales growth in 2014". Khaleej Times. Retrieved 31 March 2017.
  13. ^ "Pran to build first foreign plant in India". The Daily Star. 24 January 2008. Retrieved 31 March 2017.
  14. ^ "PRAN-RFL fetches over Tk 1,000cr from export". Daily Sun. Retrieved 31 March 2017.
  15. ^ Mitra, Sounak (10 February 2016). "If Shan doesn't get you, PRAN will". Mint. Retrieved 1 April 2017.
  16. ^ "PRAN starts potato export". The Daily Star. 11 March 2016. Retrieved 31 March 2017.
  17. ^ "PRAN to export $3m of cassava to New Zealand". The Daily Star. 12 April 2016. Retrieved 31 March 2017.
  18. ^ "In memory of the man who built Pran". The Daily Star. 5 July 2016. Retrieved 31 March 2017.
  19. ^ "PRAN aims at poverty cut, employs over 10 lakh workers". Daily Sun. Retrieved 1 April 2017.
  20. ^ "Pran-RFL commences food export to India thru river route". New Age. Retrieved 20 March 2021.
  21. ^ "All Brand | RFL Group". rflbd.com. Retrieved 14 September 2022.
  22. ^ "Get Well | Feel Safe & Sound". Retrieved 14 September 2022.
  23. ^ "4 PRAN-RFL companies receive top VAT payer award". The Daily Star. 10 December 2020. Retrieved 9 July 2021.
  24. ^ সেরা ভ্যাট দাতার সম্মাননা পেল প্রাণ-আরএফএল এর চার প্রতিষ্ঠান. Bangladesh Sangbad Sangstha (in Bengali). Retrieved 10 December 2020.
  25. ^ "PRAN-RFL's four companies receive top VAT payer award". UNB. Retrieved 9 July 2021.
  26. ^ "Two companies of PRAN-RFL receive top VAT Payer award". UNB. Retrieved 9 July 2021.
  27. ^ "PRAN-RFL's 10 companies get productivity award". jagonews24.com. Retrieved 25 May 2021.
  28. ^ "4 companies of PRAN-RFL get productivity award". UNB. Retrieved 9 July 2021.
  29. ^ "10 Pran-RFL companies get productivity award". The Business Standard. 15 February 2021. Retrieved 9 July 2021.
  30. ^ "PRAN-RFL Group bags 'Best Employer Brand Award'". UNB. Retrieved 9 July 2021.
  31. ^ "PRAN-RFL bags five national export trophies". UNB. Retrieved 9 July 2021.
  32. ^ "PRAN-RFL Group bags five national export trophies". bdnews24.com. Retrieved 9 July 2021.
  33. ^ "PRAN-RFL wins 5 export trophies". banglanews24.com (in Bengali). 1 September 2019. Retrieved 9 July 2021.
  34. ^ "Pran gets export trophies for 13th year". The Daily Star. 2 January 2017. Retrieved 9 July 2021.
  35. ^ "RFL receives National Export Gold trophy". The Financial Express. Dhaka. Retrieved 9 July 2021.
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