Company type | Private |
---|---|
Industry | Poultry |
Founded | 1996 |
Founder | Kazi Zahedul Hasan |
Headquarters | House No. 35, Road 02, Dhanmondi, Dhaka 1205. |
Owner | Kazi Zahedul Hasan |
Number of employees | 10,000 |
Website | www |
Kazi Farms Group' is one of the biggest businesses of the poultry industry in Bangladesh.[1] Kazi Zahedul Hasan, the managing director, was awarded Business Person Of The Year for 2004 in Bangladesh.[2] It runs most of its office computers on free and open-source software such as Linux.[3]
On 22 September 2022, the Bangladesh Competition Commission filed a case against Kazi Farms for destabilizing the stable market by increasing the price of eggs at a higher rate than normal. Hearing the case four days later, the Bangladesh Competition Commission criticized the company for following a strange policy for fixing the price of eggs. In this auction system, the company finalizes a price after the dealers and distributors bid on the base price.[9] Kazi Farms replied that egg prices had indeed spiked abnormally for a week, but the reason was a shortage of trucks following a national increase in the price of diesel.[10] Singaporean economist Indranil Chakraborty examined Kazi Farms' auctions and found them to be a fair and reasonable means of selling agricultural commodities such as eggs, which typically fluctuate daily due to supply and demand.[11]