1. Company Background
The British American Tobacco (BAT) Group is a multinational tobacco company headquartered in London, United Kingdom. It is one of the world’s most eminent international companies of some of the best tasted cigarettes whose brands are sold in 180 markets around the world.
It has more than 300 brands in its portfolio. BAT produces high quality tobacco products to meet the diverse preferences of millions of one in eight of the world’s one billion adult smokers. BAT has 44 cigarette factories in 39 countries including Bangladesh. Employing more than 85,000 people worldwide, BAT’s workforce is strongly multi-cultural and has a devolved structure, with each local company having wide freedom of action and responsibility for its operations. BAT holds a vigorous market positions in each of their regions. BAT has leadership in more than 60 markets. According to London Stock Exchange, as of 6 July 2012 BAT had a market capitalization of £65.6 billion and listed as the sixth largest company in the last year.
British American Tobacco Bangladesh (BATB) is a subsidiary of British American Tobacco plc and is one of the 66 countries in which British American Tobacco plc has manufacturing plants. BAT Bangladesh chapter has started its voyage in Bangladesh even before its independence. After the partition of India, during 1947, Pakistan Tobacco Company (PTC) was established in 1949 to reflect the new country and to meet the demand for cigarettes in the region. The first factory in Bangladesh (then East Pakistan) was set up in Fauzdarhat area of Chittagong in 1954. The second factory was set up in 1965 in Dhaka. After the independence of the country, in 1971, Bangladesh Tobacco Company Limited (BTC) was incorporated on 2 February 1972 as a private limited company. In 1990 the Chittagong Factory was closed and in 1995 a Green Leaf Threshing Plant (GLTP) was set up in Kushtia. In 1998, the company changed its name and identity to British American Tobacco...