BERGER PAINT PAKISTAN LTD

BERGER name has been associated with paint manufacturing for almost two centuries. The BERGER group has worldwide affiliations, with companies operating in 46 counties. In Pakistan, the history of BERGER is as old as the history of organized paint manufacturing. The first company to introduce premium quality paints in the country. The BERGER started its operations in 1950. Initially the paints were imported from the United Kingdom. It was in 1955 that a local manufacturing facility was established at Karachi. Ever since, the Company has met the growing demand through regular extensions in its products range, which has continued to attract a healthy market share and has maintained a high reputation for consistent quality. BERGER PAINTS PAKISTAN became a public limited company in 1974, when 49.38% of the shares were acquired by Pakistani investors with the remaining 50.2% being held by the U.K. parent company, Jenson & Nicholson Limited. Soon afterwards, Jenson & Nicholson Limited was taken over by Hoechst, one of the world's major manufacturers of chemicals and allied products. Slotrapid Limited, a. U.K. based company with diversified business interests, acquired the management of BERGER PAINTS PAKISTAN in 1991. An associated undertaking, J&N Pakistan Limited, was established at Mirpur in Azad Kashmir early in 1993 to supplement the existing production capacity of the main factory at Karachi. Also in 1993, BERGER entered into a technical collaboration agreement with Nippon Paint Company of Japan. Nippon is acknowledged as one of the most sophisticated paint manufacturers in the world, and ranks among the leaders of the paint industry. This collaboration has enabled BERGER to develop automotive and industrial paints conforming to exacting international standards. BERGER Paints has also built up technical collaboration for decorative paints with BERGERCrown of Akzo Nobel UK. With its Head Office at Karachi, BERGER PAINTS PAKSITAN has regional offices at Lahore and Islamabad as well as a wide network of distributors/ dealers and sales personnel at all major urban centers of the country.

Mission
The company's employees are constantly encouraged to pursue the fulfillment of the Corporate Mission Statement We will stay in the forefront of innovation and technological development in the paint industry.

We will achieve corporate success through an unwavering commitment to provide our customers high quality products to their ultimate satisfaction.

We will vigorously promote and safeguard the interests of our employees, our shareholders, our suppliers and all our others business associates.

Impact of globalization on BPP(ltd) There is little disagreement these days that globalization is changing the world rapidly, radically, and in ways that may be profoundly disequilibratin Technological innovations lowering the costs of moving goods and more notably information around the world, growing international economic activity, and the liberalization of foreign economic policies. technological determinism, contends that the shrinkage of time and space has been so dramatic and so pervasive that there is essentially nothing that can be done to stop it globalization takes a more moderate view of the effects of technological change

Globalization has changed significantly. This change has altered the different institutional systems of our society and how people all around the world live their lives