A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management.
There are four categories of multinational corporations:
(1) a multinational, decentralized corporation with strong home country presence,
(2) a global, centralized corporation that acquires cost advantage through centralized production wherever cheaper resources are available,
(3) an international company that builds on the parent corporation's technology or R&D, or
(4) a transnational enterprise that combines the previous three approaches.
However, in Bangladesh, there are many Multinational Company running their business. Following are the top ten and top profit making multinational companies in Bangladesh.
1.Chevron (Petroleum Industry):
Chevron is the largest producer of natural gas in Bangladesh, supplying approximately 50 percent of the country’s natural gas consumption. It has increased production tenfold in the last decade to meet the country’s ever-increasing demand for natural gas.
Chevron Office Address in Bangladesh:
57 Gulshan Avenue (4th Floor)
Fax: +880.2. 988.4398
Lackatoorah, Airport Road
Telephone: +880. 821.715390
Fax: +880. 821.715362
2.Grameenphone Ltd (Concern of Telenor, Telecommunication industry):
Grameenphone is the largest mobile provider in Bangladesh.The largest of six mobile operators in the country.Grameenphone have 43.968 million mobile subscriptions.It is a joint venture enterprise between Telenor and Grameen Telecom Corporation, a non-profit sister of the internationally acclaimed microfinance organization and community development bank Grameen Bank.
Grameenphone Corporate Office Address:
3.Unilever Bangladesh (FMCG):
Unilever started its journey in Bangladesh in 1964 with a soap factory was set up at Chittagong. Unilever Bangladesh’s have more than 10000 people directly or indirectly related to working framework.
Unilever Bangladesh Product categories are:
Household Care, Fabric Cleaning, Skin Cleansing, Skin Care, Oral Care, Hair Care, Personal Grooming, Tea based Beverages.
Unilever Bangladesh Brands:
Wheel, Lux, Lifebuoy, Fair & Lovely, Pond’s, Close Up, Sunsilk, Taaza, Pepsodent, Clear, Vim, Surf Excel, Rexona, Axe, Dove, & Vaseline.
The company was formerly known as Lever Brothers Bangladesh Ltd. and changed its name in December 2004.
Unilever Bangladesh Corporate Office Address:
Plot 2, Road 8
Gulshan 1, Dhaka 1212
Phone: 88 (02) 9888452
Fax: 88 (02) 9862299
4.Standard Chartered Bank (Banking Industry):
Standard Chartered Bank is the largest international bank in Bangladesh with 26 Branches, 57 ATMs and 7 Financial Kiosks; employing over 1,300 people.Standard Chartered the only foreign bank in the country with presence in 6 cities – Dhaka, Chittagong, Khulna, Sylhet, Bogra and Narayanganj; including the country’s only offshore banking units inside Dhaka Export Processing Zone (DEPZ) at Savar and Chittagong Export Processing Zone (CEPZ). Standard Chartered has been operating in Bangladesh for over a hundred years.
Standard Chartered Bank Principal Office Address in Bangladesh:
67 Gulshan Avenue,Gulshan
Tel: + 880 2 8833003 – 4
In Bangladesh, the HSBC Group’s history dates back to 1996 when The Hongkong and Shanghai Banking Corporation (HSBC) Ltd opened its first branch. Today, the HSBC Group offers a comprehensive range of financial services in Bangladesh including commercial banking, consumer banking, payments and cash management, trade services, treasury, and custody and clearing.
Opened first Bangladesh branch in December 1996
The network of 13 offices, 39 ATMs, 7 Customer Service Centres, an offshore banking unit, and offices in 7 EPZs.
Key business areas of HSBC Bank:
Retail Banking and Wealth Management
Corporate and Institutional Banking
The Hongkong and Shanghai Banking Corporation Limited
Management Office: Level 4, Shanta Western Tower
186 Bir Uttam Mir Shawkat Ali Road
Tejgaon Industrial Area, Dhaka 1208
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6.Citi NA (Citi Group, Banking Industry):
Citibank N A a foreign private bank in Bangladesh and Citi has established a strong presence in Bangladesh. It now has four branches, four service outlets and employs more than 180 people. Citi’s clients in Bangladesh comprise both public and private sector institutions.
Corporate Office Address in Bangladesh:
8 Gulshan Avenue, Gulshan-1
Dhaka – 1212
Phone: +88 096 6699 1000 / +88 02 8833567
Fax: +88 02 986 0917
Siemens is one of the leading companies in the growing area of electrical engineering and electronics sector in the world. Siemens is a German electrical giant company and operating in 190 countries across the world. Siemens is creating leading-edge innovations for a better life and driving profitability and corporate responsibility around the globe.
Siemens started his journey in Bangladesh in 1956. Siemens has contributed to Bangladesh’s major modernization and infrastructure development programs. Siemens has successfully concentrated in the power and energy sector of Bangladesh.
Siemens has been operating in Bangladesh for more than 50 years. Major services are from Siemens are Transportation System, Power Transmission and Distribution, Medical Solutions, Power Generation, Power Distribution and Lighting Solution in the electrical and electronics market, Automation, and Drive, Industrial Solutions and Services.
Siemens Corporate Office in Bangladesh:
Siemens Bangladesh Limited.
ZN Tower (Siemens House)
Plot – 02, Road – 08, Gulshan-1
Phone: (+8802) 9893536
Fax: (+8802) 9893597
8.Ericsson (Telecom service industry):
Ericsson is one of Sweden’s largest company, it provides telecommunications and IP networking equipment including mobile broadband, cable TV, IPTV and video systems, and has an extensive services operation. Ericsson also operating their business in Bangladesh and it is now one of the remarkable Multinational Company in Bangladesh.
Corporate Office Address of Ericsson in Bangladesh:
LM Ericsson Bangladesh Limited
Street address: Grand Delvistaa (Level 3), Plot 1A, Road 113
Postal code: 1212
Phone: +880 2 882 3864 Phone: +880 2 988 6641
Fax: +880 2 988 6642
9.British American Tobacco (Cigarette):
British American Tobacco Beginning their journey 100 years back in Bangladesh and they have started their journey properly in independent Bangladesh in 1972 at that time the name of the company was Bangladesh Tobacco Company Limited. In 1998, the Company changed its name and identity to British American Tobacco Bangladesh Company Ltd. British American Tobacco Group, the world’s most international tobacco group with brands sold in more than 180 markets across the world.
British American Tobacco Bangladesh Brands:
Benson & Hedges
John Player Gold Leaf
Corporate Office Address of BAT:
British American Tobacco Bangladesh
New DOHS Road, Mohakhali
Dhaka – 1206
10: Nestle Bangladesh (FMCG):
Nestlé with headquarters in Vevey, Switzerland was founded in 1866 by Henri Nestlé.Nestle is today the world’s leading nutrition, health, and wellness Company. Nestlé Bangladesh Limited started its first commercial production in Bangladesh in 1994.Factory of Nestlé in Bangladesh situated at Sripur.500 people directly working in Nestle and indirectly more than 1000.
Products From Nestle:
Maggi Noodles. Maggi Shaad-e-Magic, Nescafe, Nestea, Nesfruta, Coffee-Mate, Nido, Cornflakes, Koko Krunch, Munch and various other baby food.
Nestle Bangladesh contact address:
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
There are three more multinational companies in Bangladesh they are:
Mobil (Petroleum Industry):
Head Office of Mobile:
Mobil House, CWS(C) – 9, Gulshan-1,
Ph: 8802-8813597-8, 8802-8813661
Fax: 8802-9885271, 8802-9885269
House # 138/A, Road # 1,
CDA R/A, Agrabad,
Chittagong- 4100, Bangladesh
Ph: 88 031 716997, 88 031 714640
Fax: 88 031 716998
Avery Dennison (Service Industry)
Avery Dennison Bangladesh Ltd.
3rd Floor, Uday Tower, 57 Gulshan Avenue, Gulshan, Dhaka-1212
Business: global leader in pressure-sensitive technology and innovative self-adhesive solutions.
Youngone Padding (Cepz) Ltd office address:
Plot # 9-11, 18-20, Sector # 07, Chittagong Export Processing Zone
Phone: +880-31-740466-67, 740184
Novartis (Bangladesh) Limited:
House 50, Road 2A Dhanmondi RA, Dhaka – 1209 BANGLADESH Tel: +880 2 8615302-8 Website: www.novartis.com.bd
Business: Pharmaceuticals & Consumer Health
Linde Bangladesh Limited:
(Formerly BOC Bangladesh Limited)
Corporate office :
285 Tejgaon Industrial Area,
Dhaka – 1208, Bangladesh.
Phone : +88 02 8870322
Business: Global market leader in gases and engineering solutions.
Coats Bangladesh Ltd:
a Joint Venture between A. K. Khan & Company Ltd. and world’s largest Sewing Thread Manufacturer Coats Viyella Group of UK. Involved in producing sewing thread.
Dhaka Office Address:
Novo Tower 270
Tejgaon Industrial Area
Phone: (88 02) 8837872 – 6
Fax: (88 02) 9886008
Chittagong Office Address:
Fouzderhat Industrial Estate
P.O. Customs Academy
Phone: (88 031) 751666, 751623, 751152-54
Fax: (88 031) 751057
Reckitt Benckiser Bangladesh Ltd. (RB Bangladesh):
Reckitt Benckiser Bangladesh Ltd. (RB Bangladesh) is a leading UK based multinational company in Bangladesh. RB (Reckitt Benckiser) is a global leader in consumer goods in health, hygiene and home products.
Since 2014, GIZ Bangladesh – a German-based multinational company in Bangladesh (Non-Profit Organization) is working for the following priority areas :Renewable energies and energy efficiency good governance, rule of law and human rightsAdaptation to climate change in urban areasGIZ Office Dhaka Address :GIZ Office DhakaRoad 90, House 10/C, Gulshan 2,Dhaka 1212, Bangladesh.Phone : + 880 9666 701 000Fax : + 880 2 882 30 99Email : email@example.comPostal Address :P.O. Box 6091Gulshan 1, Dhaka 1212Bangladesh.Grey Advertising Bangladesh Ltd: Based in New York, Grey Group is now one of the largest global advertising and marketing agency network. GREY Advertising Bangladesh Ltd, Bangladesh office of Grey Group, is the first multinational advertising and media buying group in Bangladesh. Address: Grey BangladeshHouse 06, (5th Floor), Road No 137, Dhaka 1212, Bangladesh.Tel : 880 2 988 1689Fax : 880 2 881 1541
Bangladesh is an investment and employment-friendly country. Investor and Businessman across the globe have a sound intention to use these opportunities. Given company lists are the most common, except these many more multinational companies are operating their business in Bangladesh