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According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
The registered office of the company is situated at 12 / CL - 6, Claremont Road, Civil Lines, Karachi. [5] [6] In 1988, National Foods became the certified vendor of McCormick, United States. In the same year, National Foods, then a Private Limited company was converted into a Public Limited company, traded on all the three stock exchanges of ...
Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro (Urdu pronunciation: [ɛn.ˈɡɾoː] en-GROW), is a Pakistani conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso .
Gourmet Foods was founded by Muhammad Nawaz Chattha of a small village Kookan Wala near Hafizabad district gujranwala in 1987. A small confectionery shop was opened on September 10, 1987, in Gulshan-e-Ravi, Lahore, Pakistan. [3]
In 2011, Engro Foods was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 25. [5] By 2012, it had a market capitalization greator than its parent company, Engro Corporation. [6] In 2016, Dutch dairy co-operative, Friesland Campina, acquired 51 percent stake in the company for US$450 million. [7]
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In Pakistan, the franchise rights for McDonald's are owned by Siza Foods Pvt. Ltd., a subsidiary of the Karachi-based Lakson Group of Companies. [3] [7] [8]In December 2015, the fast food chain opened doors to its first restaurant in the northwestern city of Peshawar, with a seating capacity of 200. [9]
Unity Foods Limited, formerly known as Taha Spinning Mills, is a Pakistani food company headquartered in Karachi. [3] It is a subsidiary of Singaporean multinational company, Wilmar International. [4] Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector. [5]