What is a Multinational Company?
Multinational Company or Corporation or you can call shortly as MNC. When any company have their business offices and activities in different countries, we can call as Multinational Company. Multinational Companies are trying to dominate all over the world especially dominate the local business in most countries. They can run their business all over the world because they have huge capital and they know their business well. It is very tough to sort out Top 10 Multinational Companies in Bangladesh but we can mention Companies like Unilever, BAT, Nestle and Sony.
List of 10 Multinational companies in Bangladesh :
1. Unilever Bangladesh (FMCG)
2. British American Tobacco Bangladesh (Cigarette)
3. Chevron (Petroleum Industry)
4. Grameenphone Ltd (Telecommunication industry)
5. Standard Chartered Bank (Banking Industry)
6. HSBC (Banking Industry)
7. Citi NA (Citi Group, Banking Industry)
8. Nestle Bangladesh (FMCG)
9.GlaxoSmithKline – GSK Bangladesh
10.Reckitt Benckiser Bangladesh Ltd
1. Unilever Bangladesh (FMCG) :
Unilever Bangladesh, mainly a Leading FMCG, is one of the leading multinational companies in Bangladesh. It is the most Fast Moving Consumer Goods all over the world. It always tries to is to make sustainable living commonplace. They started their journey in Bangladesh in 1964 as Unilever Bangladesh. It is very amazing that their product serving around 98% of the Bangladeshi Households. They have a brand value and their target continuously to uphold the brand value and provide the best quality product to the consumers.
Users: about 2 Billion
Total Brands: over 2000 brands and on pipeline
Total Employees: approximately 1650000 employees around the world.
Recently they took a challenge to be Sustainable Living Brands’ and “carbon positive’ within 2030. It is very surprising to know that Unilever Bangladesh Limited started their journey in Bangladesh more than 50 years ago, a joint venture with Bangladesh government.
Source: Unilever-Our 2018 Unilever Sustainable Living Plan progress: eight years of pioneering and learning
ZN Tower, Plot# 02
Road # 08, Gulshan – 1
Dhaka – 1212.
T: +880 2 988 8452
F: +880 2 881 0491
2. British American Tobacco Bangladesh (Cigarette) :
British America Tobacco or BAT, mainly a leading cigarette company, is one of the leading multinational companies in Bangladesh. They produce high-quality international cigarette and it is part of British American Tobacco plc. Previously its name was Pakistan Tobacco Company in 1949 and then it becomes Bangladesh Tobacco Company Limited in 1972.
- Benson & Hedges,
- John Player Gold Leaf,
- Star, Pilot,
- Bristol, Derby,
- Pall Mall, Capstan,
- Star, Pilot,
- Bristol, Derby,
This company has a long history over the period of time and British America Tobacco or BAT Bangladesh is the first company listed both Dhaka & Chittagong Stock Exchange. They have a big Market Capitalism in Bangladesh and It is providing highest to tax in Bangladesh was 8436 BDT core in 2013-2014.
BAT BD Contact:
Phone: (+880) 28822791-5
British American Tobacco Bangladesh
New DOHS Road, Mohakhali
Read also : Top 10 Co-working Spaces in Dhaka
3. Chevron (Petroleum Industry) :
Chevron Corporation is a Multinational Energy corporation and it is the American largest multinational Energy Corporation operating their business around 180 countries all over the world. Chevron Corporation has mined gas from three gas field and produces Petroleum, natural gas and other petrochemicals and supplies throughout the Bangladesh. It is also need to know that Bangladesh government and Chevron deal with joint endeavors for petrol and gas and more than 2000 workers (Bangladeshi) are working in this company.
They believe in “Moving Bangladesh Forward Together”
- and energy-related products
Click to See Details about Chevron (Petroleum Industry)
57 Gulshan Avenue (4th Floor)
Fax: +880.2. 988.4398
4. Grameenphone Ltd. (Telecommunication Industry)
Grameenphone is one of the leading and the largest mobile phone companies in Bangladesh is founded by Iqbal Quadir and Dr. Muhammad Yunus. Telenor(accompany from Norway) is its mother company with owns 55.8% of the Grameenphone’s Share. It is first Pre-paid service in Bangladesh.
Grameenphone is the first company in Bangladesh believed to acquire maximum customer competing them. Though It was awarded Joint Venture Enterprise of the year in 2002 for its HealthLine Service,2007, it was fined US$24.5 million for Illegal VoIP operations.
- Voice Calls,
- Video Calls,
- Internet Service,
- Short Messaging Service etc.
Click to See Details about grameenphone
5. Standard Chartered Bank (Banking Industry) :
Standard Chartered Bank Bangladesh is one of the leading multinational companies in Bangladesh and it is the oldest foreign bank in Bangladesh. It is established in 1905 from Chattogram, Bangladesh operating for almost 110 years. Standard Chartered Bank Bangladesh has 24 Branches with 96 booth all over the country.
67 Gulshan Avenue, Gulshan
Tel: + 880 2 8833003 – 4
6. HSBC (Banking Industry)
HSBC is one of the leading multinational companies in Bangladesh especially for banking sector and it is the 7th largest bank in the world. It has more than 38 million customers all over the world. It has 14 offices,40 ATMs Booth in Bangladesh.
Four Sectors services of HSBC:
- Retail Banking and Wealth Management,
- Global Banking and Markets,
- Commercial Banking,
- Global Private Markets.
In Bangladesh, It has opened its first branch in 1996.
Financial Activities in Bangladesh:
- Commercial banking,
- Consumer banking,
- Global liquidity and cash management,
- Trade services, treasury,
- Custody and clearing.
Click to See Details about HSBC Bank
Level 4, Shanta Western Tower
186 Bir Uttam Mir Shawkat Ali Road
Tejgaon Industrial Area, Dhaka 1208
Phone: +880 966 633 1000
7. Citi NA (Citi Group, Banking Industry) :
Citi NA is one of the leading multinational companies in Bangladesh especially for the banking sector and it has around 2649 branches in total in 19 different countries. It has opened its journey in Bangladesh in 1987. It has started its online transactions in Bangladesh in 2003 as CitiDirect.
Total Branches in Bangladesh: only 3 Branches,
Total offices in Bangladesh: 2 Banking offices with 150 employees working.
8 Gulshan Avenue, Gulshan-1
Dhaka – 1212,
Phone: +88 096 6699 1000 / +88 02 8833567
Fax: +88 02 986 0917
8. Nestle Bangladesh (FMCG) :
Nestle is one of the leading multinational companies in Bangladesh especially for FMCG sectors and they have a great position in Baby’s Milk sectors in Bangladesh. it started their journey as commercial operations in Bangladesh in 1994.
Nestle started its business journey as Anglo-Swiss Condensed Milk Company in 1866. Second World War, it is growing very fast and significantly.
Total Brand: More than 2000 brands in 191 different countries
Source:NESTLÉ- Nestle Bangladesh
- NESTLÉ FRUITA VITALS,
- NESTLÉ CORNFLAKES,
- NESTLÉ COFFEEMATE,
- NESTLÉ EVERYDAY,
- MAGGI (Noodles, Soup and Seasoning),
- NESTLÉ KOKO KRUNCH,
- NESTLÉ MILO,
- NESTLÉ NIDO (FORTIGROW, 1+, 3+),
- CERELAC, LACTOGEN (1, 2, 3, 4 and RECOVER)
- NAN (1, 2, AL110 and PRENAN).
9. GlaxoSmithKline – GSK Bangladesh :
GlaxoSmithKline is one of the leading multinational companies in Bangladesh, especially in Medicine sector. It is one of the largest Pharmaceuticals Company in the world and has a great value with goodwill all over the world. It’s headquartered is at in Brantford, London. GSK working all over the world with it’s variety of medical products with great service and care with medicine.
GSK – one of the world’s leading research-based pharmaceutical and healthcare companies all over the world and they are committed to improving the quality of human life.
Products: Pharmaceuticals products
Gulshan Tower (4th Floor), Plot 31, Road 53
Gulshan North C/A, Dhaka 1212, Bangladesh
Phone + 880-2-988 27 59
Fax: + 880-2-988 13 02
10. Reckitt Benckiser Bangladesh Ltd. :
Reckitt Benckiser Bangladesh is one of the leading multinational companies in Bangladesh. It has started in 1961 as Robinson Foods (Pakistan) Limited and later shift to Bangladesh in 1971. Then It has merged with a UK based parent company this company and changed named to Reckitt Benckiser Bangladesh Ltd.
Reckitt Benckiser Bangladesh is very much famous for its home-based hygienic products all over Bangladesh.
Products: Harpic-Toilet Cleaner, Dettol, Mortein Coil ,etc
Plot 2 (B), Block SE (C), Road 138
Gulshan-1, Dhaka 1212, Bangladesh.
Phone +88 02 988 7209
Fax +88 02 989 0770/0769
General Discussion about MNC :
Some multinational corporations (MNCs) have budgets that exceed many countries’ gross domestic product (GDP). Bangladesh is home to a large number of global corporations that conduct business there. Some of them have been in the business for hundreds or even thousands of years. In addition, we will provide you with a list of global corporations operating in Bangladesh.
Companies that own or control the production of goods or services in at least one country other than their home country are referred to as multinational corporations (or MNCs). Several multinational corporations (MNCs) are performing well from the United States to the Pacific through African and Asian countries, with Bangladesh also functioning well.