Obaidul Karim

Orion signs issue manager deal

ICB Capital Management Ltd (ICML) agreed to be the issue manager of Orion Group Laboratories, a subsidiary of Orion Group, for issuing an IPO under book-building method. Mohammad Obaidul Karim, managing director of Orion Group Laboratories, and Mohammad Abdur Rauf, chief executive officer of ICML, signed the agreement in Dhaka on Monday.

Orion Group

Orion Group Laboratories has recently signed an issue management agreement with state-owned ICB Capital Management Ltd (ICML) for issuing initial public offering (IPO) through book-building method, said a statement.
ICML will work as an issue manager of Orion Group Laboratories, a subsidiary of Orion Group.
Obaidul Karim, managing director of Orion Laboratories, and Abdur Rauf, chief executive officer of ICML, signed the deal on behalf of their respective organisations on Monday.
Orion Laboratories will collect the money from the general investors to set up a pharmaceutical plant and a power plant.
This new factory will be the biggest in the pharmaceutical industry in Bangladesh in terms of investment, covered area, and the number of varieties of dosage forms to be produced, said the statement.
The 200MW power plant under the
purview of Orion Laboratories will be added to the national grid by March next year, the statement added.
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Obaidul Karim Owner Of orion group

orion group

The government has entered a deal with Orion Group to install three private coal-based power plants to add 1088MW power to the national grid.
Although there is a government-run coal-based power plant producing 250MW power at Barapukuria, this is the first move to get private firms to produce power from coal.
On Jan 29, the government struck a deal with India for installing a coal-based power plant with a capacity to produce 1030MW at Rampal in Bagherhat near the Sundarbans.
One of the new power plants will be set up at Mawa in Munsiganj to produce 522MW. Two other plants will be established at Anwara in Chittagong and in Khulna each with a capacity of generating 282.67MW.
Orion Group Managing Director Salman Obaidul Karim and Power Development Board (PDB) Secretary Md Azizul Islam signed the agreement at the Bidyut Bhaban.
The power plant at Mawa will go into operation in 45 months while the plants at Khulna and Chittagong will be built in 36 months.
The government will pay Tk 4.79 for per unit power produced by the Mawa plant and Tk 4.45 for power supplied from the other two plants.
Currently daily power production is 5,500MW against the demand of 7,000MW.
The Prime Minister's Adviser Tawfiq-e-Elahi Chowdhury, State Minister for Power Mohammad Enamul Hoque, Power Secretary Abul Kalam Azad, PDB Chairman ASM Alamgir Kabir and Orion Group Chairman Obaidul Karim were present at the ceremony.
"Many had feared whether it would be possible at all to establish power plant by importing coal. After overcoming all the challenges we are going to prove that through this agreement. I hope the plants will come into operation at the expected time," said advisor Chowdhury.
Chairman Karim said they will import coal from Australia and Indonesia and that reputed organisations have been employed to look into issues including building the plants and importing coal.
He was also hopeful about making the plants operational three months before schedule.
Power is being produced using five types of energy. About 80 percent of the daily power is being produced using gas, while furnace oil and diesel are used for producing 17 percent. Water and coal produces 3 percent.
After assuming power the government undertook a plan of raising daily power production by 15,000MW within 2016.

Obaidul karim Owner Of Orion Group

About Obaidul Karim

Obaidul Karim is a distinguished self-achieved Industrialist & Businessman. He is the founder Chairman of ORION GROUP, one of the leading industrial conglomerates in Bangladesh. Bangladesh is an economy firmly in transition. Driven by the ramifications of the success over the years, ORION GROUP, through major investment undertakings, has meaningfully contributed to the country’s national economy’s stability in financial market. Underlying all of the Group’s activities are the common threads of change, flexibility, and fostering closer ties with the Government and its clients.

Obaidul Karim

Starting from early eighty’s with a vision of taking our nation a step towards tomorrow.
Obaidul karim has been one of leading Entrepreneurs in the country over the years. The road had been quite difficult and the tasks forbidding, but Mr. Karim made it possible only by his commitment, dedication and self-confidence. With the support of a highly skilled management structure under the leadership of Mr. Karim and support of almost 18000 dedicated professionals, ORION has achieved a degree of success that is unparalleled in the country’s business history. ORION has assumed the leadership role with its operations in the pharmaceuticals, cosmetics & toiletries, infrastructure development, Real Estate & construction, power, high-tech agro products, textiles & garments, aviation management and trading sectors. Some of the units of the Group are successfully listed in the Stock Exchange of Bangladesh .
ORION’s major foreign partners and collaborators include, LEA International of Canada, LEA Associates South Asia of India, Cord Engineering of Singapore, 3-B Plan of Turkey, New Vision of the UAE, Belbaco Contracting LLC of UAE, Benifts Group of Sudan, Panbo Systems BV of the Netherlands, Haarhuis Generatoren of the Netherlands, Changjhow Wajin of China.
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Orion Group

ORION GROUP is one of the leading industrial conglomerates in Bangladesh over the years. With the support of a highly skilled management structure and 18000 dedicated professionals, ORION has achieved a degree of success that is unparalleled in the country’s business history.

ORION has assumed the leadership role with its operations in the Pharmaceuticals, Cosmetics & Toiletries, Infrastructure Development, Real Estate & Construction, Power, High-tech Agro Products, Hospitality, Textiles & Garments, Aviation Management sectors. Some of the units are successfully listed in the Stock Exchange.

ORION is the market leader in Pharmaceuticals and Cosmetics & Toiletries sectors over the years in the country. Besides these, ORION has extensively focused on Infrastructure Development and Power Generation businesses through major investment undertakings and significantly contributed to the country’s national economy's stability through the right business to business strategy.

The Group’s main objective follows the principle to reduce rural poverty and foster sustainable economic development of the country.

Orion Group - Obaidul Karim

Vision, Mission & Values

Vision:
‘To be regarded as a world-class corporate house through products, services & values’.

Mission:

· Continuous development of people competency.

· Recognizing individual contribution.

· Introducing new and innovative products and technologies.

· Assuring quality products from advanced manufacturing facilities.

· Exceeding customer satisfaction and granting trust through quality services.

Values:
To achieve its aspired vision, Orion subscribes the following values:

· Quality in everything we do.

· Live up to our commitments.

· Transparent and fair in all our dealings.

· Take initiative to exceed standards.

· Trust and respect to each other.

· Work as a team.

· Share social responsibility.

Strategic Business Units:

· Agro Products

· Aviation Management

· Cosmetic & Toiletries

· Construction & Allied

· Energy Sector

· Hospitality Management

· Infrastructure Development

· Knit Textiles

· Pharmaceuticals

· Power Generation

· Real Estate

Orion Group - Obaidul Karim

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Obaidul Karim Chairman Of Orion Group

Bangladesh Government Purchase committee has passed the 2×300MW & 1× 650MW COAL fired power project of ORION Group

Obaidul Karim

ORION GROUP has taken major investment undertakings to alleviate the power crisis in Bangladesh. Longking-Orion JV & Consortium recognizes the challenge the country faces in delivering reliable, dependable electricity at most competitive pricing. It commits to make a role-play with a single focus on delivering reliable and affordable electricity across the country.

With customer focused approach, it is poised to engineer, develop, construct, own & operate small to large power plants with diverse fuel choices to adapt to an increasingly competitive market environment.

Orion Group was awarded two 100 MW quick rental power stations on BOOT basis, which are already under commercial operations.Our usage of world class equipment and EPC contractor has enabled us to finish this projects in due time.

Orion Group has been awarded to build two 300 MW & one 650MW coal based combined cycled power stations on a Build Own Operate (BOO) basis on Maowa Bangladesh.

Inspired by the past success ORION Group is planning to use the highest quality machineries and Expert consultants to execute the coal projects within contractual timeframe. China is the archetype in coal fired power plants and Bangladesh should follow in its footsteps.

Since HFO Power plants are extremely costly compared to Coal fired power plants, The Governments initiative is pragmatic and ORION Group wishes to complete the Coal projects in hand in the most diligent of ways and adhering strictly to the environmental issues.

Orion Group

Orion Group - Pharma & Health Care
In Bangladesh the pharmaceutical sector is one of the most developed hi-tech sectors which is contributing in the country's economy. The professional knowledge, thoughts and innovative ideas of the pharmaceutical professionals working in this sector are the key factors for these developments. Due to recent development of this sector it is exporting medicines to global market including Europe, America and Africa.
Orion Group has a very strong presence in the health care sector of Bangladesh with almost all kinds of pharmaceutical products including anticancer, amino acids and other high-tech products. Today, ORION Group takes the pride of its significant contribution towards improving the human health care of the society. We combine extensive local market expertise with global vision and the latest technological developments to provide dedicated, cutting-edge distribution solutions to the healthcare industry. All of our state-of-the art facilities operate in strict accordance with rigorous quality management standards and set industry benchmarks for excellence.

Obaidul Karim -Orion Group

Orion Pharma
ORION Pharma is one of the premier pharmaceutical companies of Bangladesh which has been contributing to improving the human health care of the country by providing quality branded-generic pharmaceuticals. We, at ORION pharma, always believe in 'Quality never ends' and refuse to settle for anything until it exceeds the existing standard. For this, ORION pharma has been superseding the market growth consistently by wide margin in last few years. The company has been awarded with the ISO-9001: 2000 Certificate in January 2003 for serving its valued customers with products of excellent quality. With a view to providing healthcare facilities globally, it has stepped forward in overseas business in Nepal and Myanmar.
Having four decades of vast experience imbibed with technical and professional expertise, now ORION pharma levers a wide array of therapeutic areas like Anticancer, Antibiotics, Cardiovascular drugs etc in more than 80 generics in 157 presentations. Enliven (Imatinib Mesylate), Pep (Zinc sulphate), Clognil (Clopidogrel), Vertex (Ceftriaxone), Deslor (Desloratadine), Procap (Omeprazole) are few flagship brands of ORION pharma As a part of its social commitment, Orion is manufacturing and marketing Enliven (Ematinib mesylate), a medicine for blood cancer, at significantly reduced price. Moreover, it is giving huge subsidy on this product for the patients who cannot afford it under EPAP (Eliven Patient Assistance Program).
Orion pharma is dedicated to serve its valued customers with products of excellent quality through continuous improvement in technology, process and human resources complying with the guidelines of Good Manufacturing Practice (GMP) and the requirements of ISO-9001: 2000 Quality Management System (QMS)

Orion Group

Orion Infusion Ltd :
Orion Infusion Ltd , formerly named Mala Chemical & Pharmaceuticals Industries Ltd. started its humble operation in 1989 & became a public limited company in the year 1994 as a new addition to the specialized Large Volume I.V. Manufacturer in Bangladesh. The company is devoted in producing Large Volume Parenteral (LVP) & other life saving injectable products. Orion Infusion Ltd has the manufacturing facilities for the production of I. V. Rehydration Solutions, Electrolyte Solutions, Solution for Acidosis, Ranitidine I.V. infusion, Anti-Microbial products viz. Ciprofloxacin I. V., Metronidazole I.V. etc. To meet the tremendous increment in the demand of its products, Orion Infusion Ltd is now set to expand its production capacity further by installing modern and sophisticated technologies which will certainly rich its core competency. Company now producing pure steam generated fluids, which is cGMP requirement instead of Black steam generated fluids. Innovative product like Amino acids solution is introduced by Orion Infusion Ltd, which is first ever manufactured in Bangladesh and this will give Orion Infusion Ltd a competitive advantage over others. Orion Infusion Ltd Quality Manual describes the quality policies & company wide control structure of the quality management system (QMS), which is leading towards achieving its corporate vision and mission.
VISION: To be regarded as the most trust worthy LVP and other sterile products manufacturer in Bangladesh.
MISSION: To improve the health of the people of Bangladesh and acieve stake holders’ satisfaction by manufacturing and marketing LVP and other sterile products.