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PRAN-RFL Group - Wikipedia

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PRAN-RFL Group
Pran-RFL Centre in Badda
Company type	Public
Traded as	DSE: (PRAN) CSE: (PRAN) DSE: (RFL) CSE: (RFL)
Industry	Consumer goods
Founded	1 January 1981; 43 years ago (1981-01-01)
Founder	Amjad Khan Chowdhury
Headquarters	Dhaka, Bangladesh
Area served	Worldwide
Key people	{{unbulleted list
Products	List Foods Condiments Ice creams Energy drinks Wellbeing vitamins Minerals and supplements Tea instant coffees Home appliances pharmaceutical and consumer healthcare products Breakfast cereals Cleaning agents Plastic Accessories for home Pet foods Toothpastes Bottled waters Soft drinks Study Accessories Personal care
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
Revenue	৳4.69 billion (US$39 million) (FY 2022)^[1]^[2]
Operating income	৳359.72 million (US$3.0 million) (FY 2022)^[1]
Net income	৳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	https://www.pranfoods.net/ (Pran Foods) https://rflbd.com/ (RFL Plastics)

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 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

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

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

Top VAT payers Awards from the National Board of Revenue for being top VAT payer in different financial year.^[23]^[24]^[25]^[26]
National Productivity Award by National Productivity Organization.^[27]^[28]^[29]
Best Employer Brand Award.^[30]
National Export Trophies.^[31]^[32]^[33]^[34]^[35]

Factories

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

^ ^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.
^ "Arrest warrant against Pran Group's CEO". The Business Standard. 23 June 2019. Retrieved 15 November 2024.
^ "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.

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