HRC Group

Bangladeshi industrial conglomerate (e. 1991)

HRC GroupCompany type| Private

|

Industry| Conglomerate
Founded| 14 March 1991
Founder| Sayeed Hossain Chowdhury
Headquarters|

Dhaka

Bangladesh

Key people

| Sayeed Hossain Chowdhury (Group Chairman).[1]
Products| Media, real-estate, IT, manufacturing, finance, shipping [2]

Number of employees

| 3000+ [3] (2022)
Website| www.hrcbd.com

HRC Group is a Bangladeshi industrial conglomerate.[4][5] The industries under this conglomerate include media, agriproducts, tea, real estate, finance, and shipping.[6] The Chairperson of the group is Sayeed Hossain Chowdhury, brother of Saber Hossain Chowdhury, an Awami League member of parliament and son of entrepreneur Hedayet Hossain Chowdhury, founder of Karnaphuli Group, another Bangladeshi conglomerate.[7]

## History

[edit]

The group was established on 14 March 1991 as a Shipping Agency for Chittagong and Mongla ports by entrepreneur Sayeed Hossain Chowdhury.[1] Since then it has expanded to more than 20 subsidiaries.

On 10 December 1998, two security guards of the group were killed during the robbery at the HRC Group headquarters in Karwan Bazar, Dhaka.[8]

In July 2008, the chairperson of the group, Sayeed Hossain Chowdhury, was arrested by joint forces on charges of money laundering and tax evasion.[9] He received bail on 28 August 2008.[10]

The Sponsor director of HRC Group, Farzana Chowdhury, was elected vice-chairperson in June 2009.[11]

In July 2020, Chairperson of the HRC Group Sayeed Hossain Chowdhury was removed from the post of Chairperson of One Bank Limited by Bangladesh Bank due to subsidiaries of HRC Group defaulting on loans from various banks.[12]

## List of companies

[edit]

Shipping and Logistics

* HRC Shipping Limited[13]
* HRC Freight Limited[14]
* HRC Travels Limited
* Travel Wise Limited[15]
* Arkan Express Limited[16]

Media

* Jaijaidin \- Daily Bengali newspaper[17]
* Protichitra - Weekly Bengali newspaper[17]
* New Age\- English daily newspaper[17]
* Holiday Weekly English newspaper[18]

Real Estate

* HRC Properties Ltd.[19]
* Hamid Properties Limited[20]

Agro-products

* HRC Dairies Limited
* HRC Agrocom[21]
* HRC Land Limited (Clevedon Tea Estate and Dildarpur Tea Estate)[22]
* HRC Products Limited producing Clevedon, Clone, and Premier branded tea.[23]

Manufacturing

* HRC Lighting Limited[24]
* HRC Lamps Limited[25]

* Information Services Network Limited which was the first Bangladeshi Private ISP as Bangla.net[26]

Finance

* ONE Bank[27]
* LankaBangla Finance PLC.[28]
* Bangladesh General Insurance Company Limited[29]
* National Housing Finance and Housing Limited[30]

## See also

[edit]

* List of companies of Bangladesh

## References

[edit]

1. ^ a b "HR Lines on global list of top 100 container vessel companies". Prothom Alo. 2022-02-01. Retrieved 2020-02-07.
2. ^ "Official page of HRC Group". Retrieved 2022-02-08.
3. ^ "Who we are". HRC. Retrieved 2022-02-08.
4. ^ "HRC Group boss in jail". Bdnews24.com. 2008-07-18. Retrieved 2022-02-07.
5. ^ "BB removes ONE Bank Chairman Sayeed Hossain Chowdhury over loan delinquency". bdnews24.com. Retrieved 2022-11-05.
6. ^ "BB removes ONE Bank Chairman Sayeed Hossain Chowdhury over loan delinquency". Bdnews24.com. 2020-07-06. Retrieved 2022-02-07.
7. ^ "Saber Hossain's father passes away". Risingbd.com. Retrieved 2022-02-07.
8. ^ Islam, Shaikh Nazrul (1999-01-02). "26 murdered, 10 raped in the city during Dec '98". The Daily Star. Retrieved 2022-02-07.
9. ^ "HRC Group chairman arrested". The Daily Star. 2008-07-19. Retrieved 2022-02-07.
10. ^ "9 top graft suspects granted bail". The Daily Star. 2008-08-21. Retrieved 2022-02-07.
11. ^ "One Bank's new chief". The Daily Star. 2009-06-20. Retrieved 2022-02-07.
12. ^ "One Bank Chairman Sayeed Hossain Chowdhury removed over loan delinquency". The Daily Star. 2020-07-06. Retrieved 2022-02-07.
13. ^ "HRC Shipping | HRC Shipping Ltd". www.hrcbd.com.
14. ^ "HRC Freight Limited". www.hrcbd.com. Retrieved 2022-02-07.
15. ^ "HRC Travel Trade". www.hrcbd.com. Retrieved 2022-02-07.
16. ^ "HRC Arkan Express Ltd". www.hrcbd.com. Retrieved 2022-02-07.
17. ^ a b c "Our Business". www.hrcbd.com. Retrieved 2022-02-07.
18. ^ emythmakers.com. "Holiday Publication Ltd". HRC Group. Retrieved 2022-02-07.
19. ^ "HRC Properties Ltd". www.hrcbd.com. Retrieved 2022-02-07.
20. ^ "Hamid Properties Ltd". www.hrcbd.com. Retrieved 2022-02-07.
21. ^ "HRC-Business-Agrocom". www.hrcbd.com. Retrieved 2022-02-07.
22. ^ "Bangladesh-Land-Limited". www.hrcbd.com. Retrieved 2022-02-07.
23. ^ "Official page of HRC Product Limited, HRC Group". www.hrcbd.com. Retrieved 2022-02-07.
24. ^ "HRC Lighting Limited". www.hrcbd.com. Retrieved 2022-02-07.
25. ^ eMythMakers.com. "Official page of HRC Lamp Limited, HRC Group". HRC Lamp Limited. Retrieved 2022-02-07.
26. ^ emythmakers.com. "Information Services Network Ltd". HRC Group. Retrieved 2022-02-07.
27. ^ emythmakers.com. "One Bank Ltd". HRC Group. Retrieved 2022-02-07.
28. ^ emythmakers.com. "Lanka Bangla Finance Ltd". HRC Group. Retrieved 2022-02-07.
29. ^ emythmakers.com. "Bangladesh General Insurance Company Ltd". HRC Group. Retrieved 2022-02-07.
30. ^ emythmakers.com. "National Housing Finance & Housing Ltd". HRC Group. Retrieved 2022-02-07.

## External links

[edit]

* Group information Archived 2023-04-27 at the Wayback Machine