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| products = Distribution, manufacturing, media, retail, shipping, telecommunications<ref>{{Cite web|url=https://www.karnaphuli.com/areas-of-activities|title=Areas of Activities|website=Karnaphuli}}</ref>
| products = Distribution, manufacturing, media, retail, shipping, telecommunications<ref>{{Cite web|url=https://www.karnaphuli.com/areas-of-activities|title=Areas of Activities|website=Karnaphuli}}</ref>
| revenue = USD 270 million<ref name="vision">{{Cite web|url=https://www.karnaphuli.com/mission-and-vision|title=Mission and Vision|website=Karnaphuli}}</ref>
| revenue = USD 270 million<ref name="vision">{{Cite web|url=https://www.karnaphuli.com/mission-and-vision|title=Mission and Vision|website=Karnaphuli}}</ref>
| assets =
| assets =
| num_employees = 3238<ref name="vision" />
| num_employees = 3238<ref name="vision" />
| num_employees_year = 2022
| num_employees_year = 2022
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== History ==
== History ==
Karnafuli Group was established in 1954 by Hedayet Hossain Chowdhury.<ref name=":0">{{Cite web|title=About-Karnaphuli.com|url=https://www.karnaphuli.com/about|access-date=2022-02-07|website=Karnaphuli}}</ref> The group is named after the [[Karnaphuli]] River.<ref name=":0" /> Hedayet Hossain Chowdhury's grandson, Hamdan Hossain Chowdhury, is a director of the group.<ref name=":2">{{Cite news|date=2020-11-01|title=Karnaphuli Group’s shipping business flourishes even in third generation|url=https://www.tbsnews.net/feature/panorama/karnaphuli-groups-shipping-business-flourishes-even-third-generation-152128|access-date=2022-02-07|work=The Business Standard|language=en}}</ref>
Karnafuli Group was established in 1954 by Hedayet Hossain Chowdhury.<ref name=":0">{{Cite web|title=About-Karnaphuli.com|url=https://www.karnaphuli.com/about|access-date=2022-02-07|website=Karnaphuli}}</ref> The group is named after the [[Karnaphuli]] River.<ref name=":0" /> Hedayet Hossain Chowdhury's grandson, Hamdan Hossain Chowdhury, is a director of the group.<ref name=":2">{{Cite news|date=2020-11-01|title=Karnaphuli Group’s shipping business flourishes even in third generation|url=https://www.tbsnews.net/feature/panorama/karnaphuli-groups-shipping-business-flourishes-even-third-generation-152128|access-date=2022-02-07|work=The Business Standard|language=en}}</ref>


In 2014, the group signed an agreement to distribute and service [[Haojue motorcycles]] of China in Bangladesh.<ref>{{Cite news |date=2014-07-08|title=New bikes on the road|url=https://www.thedailystar.net/new-bikes-on-the-road-32066|access-date=2022-02-07|work=The Daily Star|language=en}}</ref> Karnaphuli Group, [[Metro Group (Bangladesh)|Metro Group]], and [[Partex Star Group]] ([[Partex Group]]) founded Sky Telecommunication which launched Zelta mobiles in 2015.<ref>{{Cite web |last=Desk |first=Star Business |date=2015-09-21 |title=Zelta mobiles hit market |url=https://www.thedailystar.net/business/global-business/zelta-mobiles-hit-market-146212 |access-date=2022-05-15 |website=The Daily Star |language=en}}</ref>
In 2014, the group signed an agreement to distribute and service [[Haojue motorcycles]] of China in Bangladesh.<ref>{{Cite news |date=2014-07-08|title=New bikes on the road|url=https://www.thedailystar.net/new-bikes-on-the-road-32066|access-date=2022-02-07|work=The Daily Star|language=en}}</ref> Karnaphuli Group, [[Metro Group (Bangladesh)|Metro Group]], and [[Partex Star Group]] ([[Partex Group]]) founded Sky Telecommunication which launched Zelta mobiles in 2015.<ref>{{Cite news |date=2015-09-21 |title=Zelta mobiles hit market |url=https://www.thedailystar.net/business/global-business/zelta-mobiles-hit-market-146212 |access-date=2022-05-15 |work=The Daily Star |language=en}}</ref>


Karnaphuli Group is the only Bangladeshi group involved container shipping and owns 65 vessels.<ref>{{Cite news |last=Barua|first=Dwaipayan|date=2021-03-17|title=Karnaphuli to expand fleet of container vessels|url=https://www.thedailystar.net/business/news/karnaphuli-expand-fleet-container-vessels-2061941|access-date=2022-02-07|work=The Daily Star|language=en}}</ref> It operates Chittagong to Colombo and Chittagong to Singapore and Port Klang line.<ref>{{Cite news |last=Barua|first=Dwaipayan|date=2021-11-12|title=HR Lines to buy four new ships from Chinese builder|url=https://www.thedailystar.net/business/economy/industries/ports-and-shipping/news/hr-lines-buy-four-new-ships-chinese-builder-2228046|access-date=2022-02-07|work=The Daily Star|language=en}}</ref><ref>{{Cite news |date=2022-01-25|title=Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director|url=https://www.tbsnews.net/supplement/extremely-proud-carry-bangladeshi-flag-across-seas-karnaphuli-group-director-362023|access-date=2022-02-07|work=The Business Standard|language=en}}</ref>
Karnaphuli Group is the only Bangladeshi group involved container shipping and owns 65 vessels.<ref>{{Cite news |last=Barua|first=Dwaipayan|date=2021-03-17|title=Karnaphuli to expand fleet of container vessels|url=https://www.thedailystar.net/business/news/karnaphuli-expand-fleet-container-vessels-2061941|access-date=2022-02-07|work=The Daily Star|language=en}}</ref> It operates Chittagong to Colombo and Chittagong to Singapore and Port Klang line.<ref>{{Cite news |last=Barua|first=Dwaipayan|date=2021-11-12|title=HR Lines to buy four new ships from Chinese builder|url=https://www.thedailystar.net/business/economy/industries/ports-and-shipping/news/hr-lines-buy-four-new-ships-chinese-builder-2228046|access-date=2022-02-07|work=The Daily Star|language=en}}</ref><ref>{{Cite news |date=2022-01-25|title=Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director|url=https://www.tbsnews.net/supplement/extremely-proud-carry-bangladeshi-flag-across-seas-karnaphuli-group-director-362023|access-date=2022-02-07|work=The Business Standard|language=en}}</ref>
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==List of companies==
==List of companies==
'''Shipping and Logistics'''
'''Shipping and logistics'''

* HR Lines Limited<ref>{{Cite web|title=HR lines {{!}} HR lines limited|url=https://hrlinesbd.com/|access-date=2022-02-07|website=hrlinesbd.com}}</ref>
* HR Lines Limited<ref>{{Cite web|title=HR lines {{!}} HR lines limited|url=https://hrlinesbd.com/|access-date=2022-02-07|website=hrlinesbd.com}}</ref>
* EasyFly Access Limited<ref name=":2" />
* EasyFly Access Limited<ref name=":2" />
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'''Media'''
'''Media'''

* [[Bhorer Kagoj]] - Daily Bengali newspaper<ref name=":1">{{Cite web|title=Media and Publishing-Karnaphuli.com|url=https://www.karnaphuli.com/areas-of-activities/media-and-publishing|access-date=2022-02-07|website=Karnaphuli}}</ref>
* [[Bhorer Kagoj]] - Daily Bengali newspaper<ref name=":1">{{Cite web|title=Media and Publishing-Karnaphuli.com|url=https://www.karnaphuli.com/areas-of-activities/media-and-publishing|access-date=2022-02-07|website=Karnaphuli}}</ref>
* Diner Sheshey - evening Bengali newspaper<ref name=":1" />
* Diner Sheshey - evening Bengali newspaper<ref name=":1" />
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'''Healthcare'''
'''Healthcare'''

* Sobujmati Sheba<ref>{{Cite web|title=Health Care-Karnaphuli.com|url=https://www.karnaphuli.com/areas-of-activities/health-care|access-date=2022-02-07|website=Karnaphuli}}</ref>
* Sobujmati Sheba<ref>{{Cite web|title=Health Care-Karnaphuli.com|url=https://www.karnaphuli.com/areas-of-activities/health-care|access-date=2022-02-07|website=Karnaphuli}}</ref>


'''Real Estate'''
'''Real estate'''

* Karnaphuli Garden City<ref>{{Cite web|title=Real Estate-Karnaphuli.com|url=https://www.karnaphuli.com/areas-of-activities/real-estate|access-date=2022-02-07|website=Karnaphuli}}</ref>
* Karnaphuli Garden City<ref>{{Cite web|title=Real Estate-Karnaphuli.com|url=https://www.karnaphuli.com/areas-of-activities/real-estate|access-date=2022-02-07|website=Karnaphuli}}</ref>


'''Financials'''
'''Financials'''

* Republic Insurance Company Limited (RICL)
* Republic Insurance Company Limited (RICL)


'''Telecommunication'''
'''Telecommunication'''

* Voicetel
* Voicetel


''' Trading '''
''' Trading '''

* Karnaphuli Works Limited<ref>{{Cite news |last=Islam|first=Shariful|last2=Alam|first2=Helemul|date=2012-05-18|title=Taxi relief on Dhaka roads not in sight|url=https://www.thedailystar.net/news-detail-234635|access-date=2022-02-07|work=The Daily Star|language=en}}</ref>
* Karnaphuli Works Limited<ref>{{Cite news |last=Islam|first=Shariful|last2=Alam|first2=Helemul|date=2012-05-18|title=Taxi relief on Dhaka roads not in sight|url=https://www.thedailystar.net/news-detail-234635|access-date=2022-02-07|work=The Daily Star|language=en}}</ref>


Revision as of 15:46, 24 February 2023

Karnaphuli Group
Company typePrivate
IndustryConglomerate
Founded1954
FounderHedayat Hossain Chowdhury
Headquarters
Chittagong
,
Bangladesh
Key people
Hamdan Hossain Chowdhury (Group Director).[1]
ProductsDistribution, manufacturing, media, retail, shipping, telecommunications[2]
RevenueUSD 270 million[3]
Number of employees
3238[3] (2022)
Websitewww.karnaphuli.com

Karnafuli Group is one of the largest Bangladeshi industrial conglomerates.[4][5] The industries under this conglomerate include port, shipping and logistics, media, health care, real estate, automobiles, finance, insurance etc.[6] The Managing Director of the group is Saber Hossain Chowdhury, an Awami League member of parliament and son of Hedayet Hossain Chowdhury[7] who is also a director of HRC Group, another Bangladeshi conglomerate.[8]

History

Karnafuli Group was established in 1954 by Hedayet Hossain Chowdhury.[9] The group is named after the Karnaphuli River.[9] Hedayet Hossain Chowdhury's grandson, Hamdan Hossain Chowdhury, is a director of the group.[10]

In 2014, the group signed an agreement to distribute and service Haojue motorcycles of China in Bangladesh.[11] Karnaphuli Group, Metro Group, and Partex Star Group (Partex Group) founded Sky Telecommunication which launched Zelta mobiles in 2015.[12]

Karnaphuli Group is the only Bangladeshi group involved container shipping and owns 65 vessels.[13] It operates Chittagong to Colombo and Chittagong to Singapore and Port Klang line.[14][15]

In 2016, the group's partner Hanjin Shipping Lines, a South Korean company, declared bankruptcy in Bangladesh.[16]

List of companies

Shipping and logistics

  • HR Lines Limited[17]
  • EasyFly Access Limited[10]
  • K&T Logistics Limited

Media

  • Bhorer Kagoj - Daily Bengali newspaper[18]
  • Diner Sheshey - evening Bengali newspaper[18]
  • The New Paper- English daily newspaper[18]
  • Desh TV- Bengali TV channel

Healthcare

Real estate

  • Karnaphuli Garden City[20]

Financials

  • Republic Insurance Company Limited (RICL)

Telecommunication

  • Voicetel

Trading

  • Karnaphuli Works Limited[21]

See also

References

  1. ^ "Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director". The Daily Star. 2022-01-25. Retrieved 2020-02-06.
  2. ^ "Areas of Activities". Karnaphuli.
  3. ^ a b "Mission and Vision". Karnaphuli.
  4. ^ "HR Lines to buy four new ships from Chinese builder". The Daily Star. 2021-11-12. Retrieved 2022-02-06.
  5. ^ "New feeder vessels of Karnaphuli Group to cut transhipment time". The Business Standard. 2021-04-04. Retrieved 2022-02-07.
  6. ^ "HR Lines to buy four new ships from Chinese builder". The Daily Star. 2021-11-12. Retrieved 2022-02-06.
  7. ^ "Management-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  8. ^ "Saber Hossain's father passes away". Risingbd.com. Retrieved 2022-02-07.
  9. ^ a b "About-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  10. ^ a b "Karnaphuli Group's shipping business flourishes even in third generation". The Business Standard. 2020-11-01. Retrieved 2022-02-07.
  11. ^ "New bikes on the road". The Daily Star. 2014-07-08. Retrieved 2022-02-07.
  12. ^ "Zelta mobiles hit market". The Daily Star. 2015-09-21. Retrieved 2022-05-15.
  13. ^ Barua, Dwaipayan (2021-03-17). "Karnaphuli to expand fleet of container vessels". The Daily Star. Retrieved 2022-02-07.
  14. ^ Barua, Dwaipayan (2021-11-12). "HR Lines to buy four new ships from Chinese builder". The Daily Star. Retrieved 2022-02-07.
  15. ^ "Extremely proud to carry Bangladeshi flag across seas: Karnaphuli Group director". The Business Standard. 2022-01-25. Retrieved 2022-02-07.
  16. ^ Barua, Dwaipayan (2018-02-07). "CPA selling off Hanjin's containers 'for arrears'". The Daily Star. Retrieved 2022-02-07.
  17. ^ "HR lines | HR lines limited". hrlinesbd.com. Retrieved 2022-02-07.
  18. ^ a b c "Media and Publishing-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  19. ^ "Health Care-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  20. ^ "Real Estate-Karnaphuli.com". Karnaphuli. Retrieved 2022-02-07.
  21. ^ Islam, Shariful; Alam, Helemul (2012-05-18). "Taxi relief on Dhaka roads not in sight". The Daily Star. Retrieved 2022-02-07.
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