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About Square Group
About Square Group
In a career spanning across five decades, it has pioneered the development of the local business in fields as diverse as Pharmaceuticals, Textile, Information Technology, Healthcare Products, Food Products, Hospital etc.With annual turnover above US $ 450 million and with a workforce more than 22,000, Square today is a true icon in Bangladesh business sector.
The journey begins
Square started out as a small scale pharmaceutical venture in 1958.It was a partnership effort of four young and enterprising men whose determination and passion saw it through the turmoil of the incipient period. By its fourth year, Square turned into a profit making organization.
1958: Debut of Square Pharmaceuticals as a partnership farm
1964: Converted into a Private Limited Company
1974: Technical Collaboration with Janssen Pharmaceutica, Belgium, a subsidiary of Johnson and Johnson Intl, USA.
1982: Licensing agreement signed with F.Hoffman-La Roche Ltd., Switzerland.
1985: Achieved leadership in pharmaceutical market of Bangladesh among all multinational and national companies.
1988: Debut of Square Toiletries Ltd. As a separate division of Square pharma
1994: Initial public offering of Square Pharmaceuticals Ltd’s shares.
: Square Toiletries ltd. becomes a private limited Company.
1995: Chemical Division of Square Pharmaceuticals Ltd. Starts production of pharmaceuticals bulk products (API).
1997: Square Pharmaceuticals Ltd won the National Export Trophy.
: Debut of Square Textiles Ltd.
1998: Second unit of Square Textiles Ltd. is established.
2000: Square Spinnings Ltd starts its journey.
2001: Square Knits Ltd. is established.
: Square Fashions Ltd starts its operation.
: US FDA/ UK MHRA standard Dhaka unit of Pharmaceuticals goes into operation.
: Square Consumer Products Ltd starts its operation.
: Square Infomatix is established.
: Square Hospitals Ltd is incorporated.
2005: New State-of-the-Art Square Cephalosporins Ltd. goes into operation: built as per US FDA/ UK MHRA requirements.
2006: Square Hospitals Ltd starts its journey.
2007: Square Pharmaceuticals Ltd., Dhaka Unit gets the UK MHRA approval.
2008: of Square Pharmaceuticals Ltd. starts SVPO (Small Volume Parental & Ophthalmic) unit, built as per US FDA requirements, goes into operation.
SQUARE GROUP's other concerns are:
• Square Pharmaceuticals Ltd.
• Square Toiletries Ltd.
• Square Textiles Ltd.
• Square Food & Beverage Ltd.
• Square Fashions Ltd.
• Square Agro Development and Processing Ltd.
• Square Securities Management Ltd.
• Square InformatiX Ltd.
• Square Herbal and Nutraceuticals Ltd.
• Square Yarns Ltd.
• Square Holdings Ltd.
• Square Air Limited
• Square Formulations Limited
• Square Texcom Limited
• Square Fashion Yarns Ltd.
• Square Denims Limited
• Square Apparels Limited
• Square Spinning Mills Ltd.
• Sabazpur Tea Company Ltd.
• ASTRAS Limited
• Maasranga Broadcasting Network Ltd.
• Maasranga Communications Ltd. (Maasranga Television)
• Maasranga Productions Ltd.
• Mediacom Limited