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Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
Bock GmbH is part of the Danfoss Group since March 2023. The company is a manufacturer of compressors and condensing units for stationary and mobile refrigeration and air-conditioning . The products are exclusively used in commercial and industrial environments.
Secop GmbH (formerly known as Danfoss Compressors GmbH) is a manufacturer of hermetic compressors for cooling circuits. Secop designs, develops, manufactures and distributes compressors for two application ranges: light commercial refrigeration systems and cooling solutions for the mobile area (12/24/48 volt DC compressors). [2]
In 1933 Mads Clausen (1905–1966) founded Dansk Køleautomatik- og Apparatfabrik, later in 1946 the company name was changed to Danfoss.The first product was an expansion valve for refrigeration units, it was developed after studying imported valves from the US.
The company was the first in Sri Lanka to introduce Near Field Communication (NFC) technology for fuel retailing to corporate clients, currently supporting over 300 companies with 25,000 NFC cards. LAUGFS Petroleum's fuel stations offer nitrogen and digital air services, lubricants, domestic gas cylinders and accessories, and car care items.
In 1844 British businessman William Milne started Milne & Company, [3] [4] general warehousemen, importers of oilman stores etc, [5] with branches in Kandy and Galle. In 1850 Milne was joined by his friend, David Sime Cargill, [6] and the firm became Milne, Cargill & Co. [7] In 1860 Milne retired from business in Ceylon and moved back to Scotland to form a company in Glasgow to look after the ...
Sri Lanka Freedom Party: 19 August 1994: D. B. Wijetunga: Minister of Industrial Development [30] [31] G. L. Peiris: Sri Lanka Freedom Party: 19 October 2000: Chandrika Kumaratunga: Minister of Constitutional Affairs and Industrial Development [32] [33] Ronnie de Mel: Sri Lanka Freedom Party: 14 September 2001: Minister of Trade, Industrial ...