The year 2008 witnessed the founding of the company Wilhelm G. Clasen Services Ltd. in Dhaka as a subsidiary of the parent company in Hamburg. The intention was to benefit from the advantages of a location in a low-income country, in order to increase the competitiveness of the WGC group of companies on the global market, especially in China and other highly contested markets. Moreover, at the same time, the aim was to utilise the benefits arising from bilateral trade agreements between Bangladesh and several Asian countries.
In 2011, the company in Dhaka was renamed Wilhelm G. Clasen (Bangladesh) Ltd., and conducts trade with raw jute, jute yarns and jute products on a global scale.
Since the foundation of the Company customers worldwide appreciate their reliability and deep market knowledge. Around 5 employees take care of the expansion of the existing business relationships and the smooth running of the day-to-day business.
Flexibility in a changing market and strong partnerships with customers and suppliers have led to continuous growth.