The Atlas Group, (), is a Pakistani
conglomerate company
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates ...
based in
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former ...
,
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
and founded in 1962.
[Company Overview of Atlas Group (Pakistan) on Blommberg.com business website]
Retrieved 1 May 2019
It has its operations in
power generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its sto ...
,
engineering
Engineering is the use of scientific method, scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad rang ...
,
financial services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companie ...
and
trading
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.
An early form of trade, barter, saw the direct exch ...
fields.
[
As of 2016, Atlas Powergen had joint venture agreements with Siemens of Germany and ]SEPCO3
SEPCO3 (Shandong Electric Power Construction Corporation III or SEPCO III) (simplified Chinese: 山东电力建设第三工程公司) is a Chinese construction and engineering company that designs, builds, operates and owns power plants.
SEPCO3 ...
of China to set up power plants in Pakistan.[Atlas Group invests $220mn in 220MW RLNG based power project]
Pakistan Today (newspaper), Published 7 June 2016, Retrieved 1 May 2019
Yusuf H. Shirazi was the Chairman of Atlas Group. He was also the founder member of Karachi Stock Exchange
The Karachi Stock Exchange ( ur, or PSX-KSE) was a stock exchange located in Karachi, Pakistan. Since 1947, it has been located at the Stock Exchange Building on I. I. Chundrigar Road. It has now been consolidated in the Pakistan Stock Exchan ...
, Lahore Stock Exchange
The Lahore Stock Exchange was a financial facility located in Lahore, Pakistan. It was incorporated as a company Limited by Guarantee under the Companies Act 1913 on 5 October 1970. In the first General meeting of the Board of Directors held on ...
and ''International Chamber of Commerce and Industry''.[Honda Atlas Cars (Pakistan) Limited on Reuters.com business website (includes Company Stock quote and profile)]
Retrieved 2 May 2019 Mr Yousaf Shirazi died on 20 October 2019.[https://dps.psx.com.pk/download/document/137151.pdf ]
References
External links
Atlas Group
*
Conglomerate companies of Pakistan
Conglomerate companies established in 1962
1962 establishments in Pakistan
Companies based in Karachi
Pakistani companies established in 1962
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