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] with a presence in more than 145 countries. Pran-RFL Group is headquartered in Dhaka, Bangladesh, and employs over 10,000 people worldwide. The group operates under several subsidiaries, including Pran Foods, RFL Plastics, Pran-RFL Healthcare, and many others.[5]
 Pran-RFL Centre in Badda | |
| Company type | Public |
|---|---|
| DSE: (PRAN) CSE: (RFL) | |
| Industry | Consumer goods |
| Founded | 1 January 1981 |
| Founder | Amjad Khan Chowdhury |
| Headquarters | Dhaka, Bangladesh |
Area served | Worldwide |
Key people |
|
| Products | List
|
| Brands | List
|
| Revenue |  ৳4.69 billion (US$39 million)(FY 2022)[1][2] |
| ৳359.72 million (US$3.0 million) (FY 2022)[1] | |
| ৳83 million (US$690,000) (FY 2022)[1] | |
| Total assets | ৳1.92 billion (US$16 million) (FY 2022)[1] |
| Total equity | ৳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. Pran-RFL Group has several joint ventures with international companies, such as PepsiCo, Danone, and Nestlé.
History
editPRAN (Programme for Rural Advancement Nationally)[6] was established in 1981 by retired Major General Amjad Khan Chowdhury and has become one of the largest food and beverage brands in Bangladesh.[7][8] PRAN pioneered agribusiness in Bangladesh by providing farmers with guaranteed prices.[9] PRAN Foods, a subsidiary of the PRAN-RFL Group,[10] produces a number of agricultural products under the PRAN banner. PRAN established a subsidiary company in UAE in 2003.[11]
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.[12] 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.[13] The same year the revenue for PRAN exceeded US$500 million.[14] PRAN started exporting potatoes in March 2016.[15]
In April 2016, PRAN started to export cassava and the first shipment, worth US$3 million, was sent to New Zealand.[16] PRAN has 80 thousand direct employees and 200 thousand indirect employees.[17] PRAN exports to over 118 countries.[18]
PRAN started exporting through river route to India from Bangladesh in March 2021.[19]
Businesses
editPRAN-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-[20]
| 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[21] | |
| 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
editFactories
edit- Habiganj Industrial Park, Sayestaganj, Habiganj, Sylhet
- PRAN Industrial Park, Palash, Narshingdi
- RFL Industrial Park, Mulgaon, Kaliganj, Gazipur
- Danga Industrial Park, Kazirchar, Danga, Palash, Narshingdi
- Rupganj RFL Factory, Rupganj, Narayanganj
- Rangpur Foundry Ltd., BSCIC, Kallabong, Rangpur
- Pran Agro Ltd, Natore
References
edit- ^ a b c d e "Annual Results 2022". WSJ. Retrieved 11 March 2023.
- ^ "Annual Results 2022". WSJ. Retrieved 11 March 2023.
- ^ Khaled, Kowsher Jahan (24 January 2008). "Pran to build first foreign plant in India". The Daily Star. Retrieved 10 March 2023.
- ^ Chakma, Jagaran (16 January 2023). "Pran-RFL to invest $22.5m in four sectors". The Daily Star. Retrieved 10 March 2023.
- ^ "Global Footprint". PRAN Foods Ltd. 16 April 2017. Retrieved 10 March 2023.
- ^ "First Bangladeshi food processing unit in India". Business Standard. India. 4 June 2015. Retrieved 31 March 2017.
- ^ "Amjad Khan's death anniv observed". Prothom Alo. Archived from the original on 5 February 2017. Retrieved 31 March 2017.
- ^ Bilkis, Shahana (12 March 2014). "Bangladeshi agro-processed food has good prospect abroad". The Financial Express. Dhaka.
- ^ Sobhan, Rehman (4 October 2010). Challenging the Injustice of Poverty: Agendas for Inclusive Development in South Asia. SAGE Publications. p. 111. ISBN 9788132104681.
- ^ "GDCL to arrange Tk 1b fund for Pran thru Islamic Bond issue". The Daily Observer. Retrieved 31 March 2017.
- ^ Basit, Abdul. "Pran Foods expects 60% sales growth in 2014". Khaleej Times. Retrieved 31 March 2017.
- ^ "Pran to build first foreign plant in India". The Daily Star. 24 January 2008. Retrieved 31 March 2017.
- ^ "PRAN-RFL fetches over Tk 1,000cr from export". Daily Sun. Retrieved 31 March 2017.
- ^ Mitra, Sounak (10 February 2016). "If Shan doesn't get you, PRAN will". Mint. Retrieved 1 April 2017.
- ^ "PRAN starts potato export". The Daily Star. 11 March 2016. Retrieved 31 March 2017.
- ^ "PRAN to export $3m of cassava to New Zealand". The Daily Star. 12 April 2016. Retrieved 31 March 2017.
- ^ "In memory of the man who built Pran". The Daily Star. 5 July 2016. Retrieved 31 March 2017.
- ^ "PRAN aims at poverty cut, employs over 10 lakh workers". Daily Sun. Retrieved 1 April 2017.
- ^ "Pran-RFL commences food export to India thru river route". New Age. Retrieved 20 March 2021.
- ^ "All Brand | RFL Group". rflbd.com. Retrieved 14 September 2022.
- ^ "Get Well | Feel Safe & Sound". Retrieved 14 September 2022.
- ^ "4 PRAN-RFL companies receive top VAT payer award". The Daily Star. 10 December 2020. Retrieved 9 July 2021.
- ^ সেরা ভ্যাট দাতার সম্মাননা পেল প্রাণ-আরএফএল এর চার প্রতিষ্ঠান. Bangladesh Sangbad Sangstha (in Bengali). Retrieved 10 December 2020.
- ^ "PRAN-RFL's four companies receive top VAT payer award". UNB. Retrieved 9 July 2021.
- ^ "Two companies of PRAN-RFL receive top VAT Payer award". UNB. Retrieved 9 July 2021.
- ^ "PRAN-RFL's 10 companies get productivity award". jagonews24.com. Retrieved 25 May 2021.
- ^ "4 companies of PRAN-RFL get productivity award". UNB. Retrieved 9 July 2021.
- ^ "10 Pran-RFL companies get productivity award". The Business Standard. 15 February 2021. Retrieved 9 July 2021.
- ^ "PRAN-RFL Group bags 'Best Employer Brand Award'". UNB. Retrieved 9 July 2021.
- ^ "PRAN-RFL bags five national export trophies". UNB. Retrieved 9 July 2021.
- ^ "PRAN-RFL Group bags five national export trophies". bdnews24.com. Retrieved 9 July 2021.
- ^ "PRAN-RFL wins 5 export trophies". banglanews24.com (in Bengali). 1 September 2019. Retrieved 9 July 2021.
- ^ "Pran gets export trophies for 13th year". The Daily Star. 2 January 2017. Retrieved 9 July 2021.
- ^ "RFL receives National Export Gold trophy". The Financial Express. Dhaka. Retrieved 9 July 2021.