- Fecto Group of Industries
The FECTO Group of Industries is one of the most respected business groups in Pakistan. It was established in 1952. It has contributed to the country’s industrial and commercial progress right from the beginning by establishing successful ventures in key sectors of national endeavor. It is currently engaged in such areas of industrial enterprise as Sugar, Particle Board, Printing and Packaging.
Ever since the establishment of the group’s first sugar mill, the FECTO name has become a symbol of Faith and an identity for the Group management’s respected business practices both nationally and internationally.
Fecto Group is the legacy of the Founder Late
Ghulam Muhammad A. Fecto .Directors
The following are the Directors of the Group:
* Late
Ghulam Muhammad A. Fecto , Founder / Chairman* Munawar Ali Fecto, Managing Director / CEO
*Kaiser Fecto , Deputy CEOAn Engine of National Economic Growth
From 1970 onwards, the group has diversified its activities form trading to industrial production. This started with the acquisition of Adamjee (now FECTO) Sugar Mills Limited in early 1975, followed by the establishment of Baba Farid Sugar Mills Limited in 1978.
Bolstered by its initial successes, the group ventured into progressive manufacturing of agricultural tractors and farm equipment including agricultural implements of various types.
Another major milestone in the Group’s forward march was the establishment of a most modern and pollution-free cement plant with 2000 tons per day capacity. This also made way for the launching of such allied industries as two Paper Sack Units that are located not too far from the cement plant.
The Group manages two public-listed and Two private companies besides having substantial stakes in many other projects.
Major projects of the Group
*
Fecto Sugar Mills Limited
*Baba Farid Sugar Mills Limited
*Fecto Particle Board Mills
*Ghulam Muhammad Fecto FoundationManagement Philosophy
The FECTO Group is continuously engaged in a process of expansion. In order to keep pace with leading edge technological developments, it has adopted modern and scientific management techniques. To ensure sound and successful management, every project is entrusted to a team of professionally qualified managers who report to the Chief Executive. Except the financial activities/policies, which are centralised, all other matters concerning the projects are addressed by the managers who enjoy liberal decision-making powers to serve the best interests of the business.
The team of managers includes local and foreign qualified engineers, charted accountants, cost and management accountants and MBAs.
The Management take care of their employees.
Management - Employee Relationship
The Group currently employs about 2500 people and is proud that exceptionally congenial and harmonious relationships are maintained in all cadres of management. The pursuit of peace and harmony in the management-employee relationship is defined as the key to the success of every project. No wonder then, that a healthy and close relationship exists between the employees and management, leaving no room for labour unrest, shutdowns, frequent staff turnover, etc.
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