Mondelēz International Establishes Operations in Bangladesh

Pub: Saturday, August 11, 2018 7:55 AM   |   Upd: Saturday, August 11, 2018 7:55 AM
 
 
 

Sheersha Khobor Dot Com

DHAKA, Bangladesh – August 11, 2018 – Mondelēz International today announced that it has established operations in Bangladesh, expanding the company’s presence in South Asia. The company set up its country headquarters in Dhaka, marking its entry into Bangladesh, the eighth most populous country in the world with around 160 million consumers.

Kallappa Pattanashetti, who was earlier with Mondelez India Foods Private Limited, has been appointed as Country Lead and will play a pivotal role in running the company’s operations in Bangladesh.

Kallappa Pattanashetti, Country Lead, Mondelez Bangladesh said, “With our existing experience in Bangladesh, we see tremendous opportunity to bring in our much-loved products to this region and continue to grow here. We have inaugurated our corporate office in Dhaka, rolled out billing systems and are currently in the process of establishing a new warehouse. Over the next two years, our focus will be to invest in building our route-to-market and growing market share for our much-loved brands.”

Mondelēz International’s powdered beverage brand Tang has been a market leader in Bangladesh since 1995 and is exported into the country. With the establishment of its own operations, the company is now well positioned to tap into the snacking opportunity in Bangladesh by leveraging its global brand portfolio.

 

About Mondelēz International

Mondelēz International, Inc. (NASDAQ: MDLZ) is building the best snacking company in the world, with 2017 net revenues of approximately $26 billion. Creating more moments of joy in approximately 160 countries, Mondelēz International is a world leader in biscuits, chocolate, gum, candy and powdered beverages, featuring global Power Brands such as Oreo and belVita biscuits; Cadbury Dairy Milk and Milka chocolate; and Trident gum.  Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ.

 

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