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Olympic Industries Limited

From EverybodyWiki Bios & Wiki


Olympic Industries Limited
Olympic Industries Logo
Olympic Industries Logo
Public
ISIN🆔
IndustryFood
Founded 📆June 1979; 47 years ago (June 1979) (as Bengal Carbide Limited)
June 1996; 30 years ago (June 1996) (as Olympic Industries Limited)
Founder 👔Mohammad Bhai
Mubarak Ali
Headquarters 🏙️Dhaka, Bangladesh
Area served 🗺️
Bangladesh
Key people
Mubarak Ali (Managing Director)
Tanveer Ali (Executive Director)
Aziz Mohammad Bhai (Director)
Samad Miraly (Executive Director)[1]
Products 📟 Biscuits, bakery, snacks, confectionery
Revenue🤑 Increase ৳13.73 billion (2019)[2]
Increase ৳1.87 billion (2019)[3]
Total assetsIncrease ৳10.95 billion (2019)[4]
Total equityIncrease ৳7.7 billion (2019)[5]
Members
Number of employees
7,000 (2019)[6]
🌐 Websiteolympicbd.com
📇 Address
📞 telephone

Olympic Industries Limited is a Bangladeshi food processing and battery manufacturing company. It was founded in June 1979 as Bengal Carbide Limited, which manufactured batteries and pens. The name was later changed to Olympic Industries in 1996 when the company entered the food industry. It is the largest manufacturer, distributor and marketer of biscuits in Bangladesh.

Olympic Industries was founded by two non-Bengali brothers, Mohammad Bhai and Mubarak Ali, who moved to Dhaka from Gujarat after the partition of India. The family still owns a part of the company, while the majority of the stocks are either owned by institutional investors or the general public. However, the family still retains the management and holds most of the positions on the board.[7][8][9]

References


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