Business
Baurs celebrates 125 years of revolutionary progress
A. Baur & Co. (Pvt) Ltd, also widely known as Baurs, a name synonymous with bringing about transformational innovation across various industry sectors in the country whilst continuing to instill its Swiss traditions and values, this year marks a significant milestone as it celebrates 125 years of revolutionary growth and progress.
Since its humble beginnings in 1897 as the first fertilizer company, Baurs today is a diversified business group with a distinctive reputation not just in its core agriculture business but also healthcare, consumer, airlines, machinery, and education segments. Its rich history also hints that the company has witnessed and evolved with the agricultural, industrial and now the knowledge era.
Baurs continue to emerge stronger, embracing contemporary challenges that not just maintains its status quo but giving a new face to the organization to proactively stay ahead of times, together with its people-centric culture that embraces diversity and inclusion, and the many socially responsible agendas especially among children. Its track record of being an industry first goes without saying.
From pioneering manures and fertilizers since its inception, building the country’s first ever industrial rail in 1901, deploying the first tractor used in agriculture in 1919, establishing the first fully electrified tea factory in 1936 through to ending the malaria epidemic in Sri Lanka during 1946, bringing Swiss Air to Sri Lanka, producing the nation’s first basmati rice in 1975, registering the first biopesticide in 2020 to eradicate and control fall army worm, and last year launching the first Swiss apprenticeship model in the hospitality sector together with the world’s first and number one hospitality management school, Ecole hôtelière de Lausanne.
Rolf Blaser, CEO of A. Baur & Co. (Pvt) Ltd, commenting on the anniversary, said ‘We pay tribute to each and every individual for making Baurs a success over the past 125 years, especially to our prescient founder Alfred Baur who had a visionary leadership with core beliefs centered around the benefit of this nation and these are deeply rooted in our foundation and values today. We have strengthened our resilience and responsiveness and look forward to taking on the many challenges and possibilities to continuously expand our horizons.’
As a leader, Baurs indulges in various knowledge-sharing and thought-leadership initiatives, through a combination of sound professional and scientific advice. During the latter half of last year, Baurs contracted and engaged two globally renowned research institutions in organic agriculture and brought down key experts to Sri Lanka for a comprehensive study tour with the view on how best to take on the fertilizer challenge. Baurs is now further exploring the preliminary research and findings with experts, including constant dialogue across all key stakeholders and participants, both industry and academia.
The company stands strong in its founding agri business, and undoubtedly possesses one of the most advanced high-tech fertilizer factories probably in the entire South Asia region. Digital transformation efforts are also underway for its Consumer Division with the view of bringing increased efficiency and transparency across its entire supply chain including business partners. The company’s growing relationships and longstanding partners are a testament to the core pillars of Baurs, namely trust, reliability, quality, and innovation.
Its Healthcare Division is exhibiting a significant growth over the years, and today has evolved to be the second largest pharma importer in Sri Lanka representing a majority of the top 10 global leaders in pharmaceutical, surgical & diagnostic, nutraceuticals, cosmeceuticals, herbal and ayurvedic. This is a testament to the world-class compliance and performance of Baurs that enabled meet their respective standards and requirements. Baurs is also pleased to highlight that its first ever healthcare supplier is still with the company till date.
Sustainability is a key priority at Baurs, and this is not just in the numerous responsible innovations spurred throughout its journey but also in the principles and values instilled in its people. During the beginning of last year, Baurs committed to the UN Global Compact (UNGC) initiative in the areas of human rights, labour, the environment and anti-corruption, in addition to pursuing the 17 Sustainable Development Goals (SDGs).
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”