Salt Trading Corporation Ltd. (Nepal)

The Company is engaged in trade, manufacturing,insurance financial activities.
The Company is one of the largest business organization in Nepal established as an experiment of the utility of Public Private Partnership (PPP) for a developing country under PPP act of Government of Nepal.
The corporation was launched with objective to avail iodized common salt (since salt is not produced in Nepal and depends on import from India ) for all citizens throughout the country.
In the long run of its dedicated service to the nation, STC has great contribution to ensure proper supply and distribution of essential daily consumable goods , erode black-marketing (regulate market artificial scarcity) and industrial development in Nepal.
With the proportion of 79:21 investment from private- public (state owned National Trading Limited now Food Management and Trading Company Ltd), STC is managed by joint effort of Nepalese Government and private shareholders. In the business journey, Salt Trading Corporation is a brilliant example of success that provides its services through 93 offices (22 Offices and 71 liaison offices) that include nearly whole population of the country as customers. STC has around 500 staff and has provided opportunities for over 1000 workers and laborers.
The group has branches in all major towns in Nepal with 6 Packing Unites. Salt Trading Corporation Limited makes all efforts to provide goods and services to the common people that have made STC a major catalyst in bringing about the desired economic changes and growth in Nepal.
STC is not only focusing on providing its services to urban people (residing in towns and metropolis), it also reaches out to the poor and needy people of remote districts of Nepal (e.g. Himalayan regions).
Realizing the need of quality products throughout the country by following the Government of Nepal's policy, Salt Trading Corporation is moving towards business diversification by searching for new products, innovative thoughts and new markets.
The organization engaged itself in corporate activities such as trade, import, export, manufacturing (production), processing, supply and distribution of a vast diversity of goods and services. Food products, agricultural products, construction materials, machinery and tools, paper products and other goods are the main commodities for trade and business. The central corporate office of Salt Trading Corporation is located at Kalimati, Kathmandu, with its Province, Branch, sub-branch and depot offices in different other parts of the country.
The people of Kathmandu Valley have been worshiping Lord Bhimsen as a protector of their business and trade. Four to five decades ago, it was very difficult to trade and do business with India and Tibet. Business at that time needed strength (to cope with the geographical situation) and honesty (to have faith on laborer or traders for goods and services) and for that reason, the citizens of the valley who were involved in business, used to pray to Lord Bhimsen regarding him as the symbol of power, integrity and honesty. That is why Salt Trading Corporation Limited has adopted Lord Bhimsen's mace as its logo to symbolize power and honesty. Written under the mace are the words, “Satya Mewa Param Dhanam” which means “Honesty is the Greatest Wealth”. Hence, the logo of Salt Trading Corporation Limited symbolizes power and ethos of honest business practices.
Vision:
This vision is driven by STC s commitment to customer, quality and excellence, and while doing so, maintaining the highest standards of ethics and societal responsibilities. STC believes that the fastest way to turn our dreams into reality is by remaining focused on the vision of making STC products services an integral part of people s day today lives.
Mission:
STC s mission is to strive for synergy between demand and supply through trade and industrial production of products and services that meet quality, performance and price aspirations of its customers. At the same time maintain the highest standards of ethics and social responsibilities. This mission is what drives STC to new heights in excellence and helps the organization forge a unique and mutually beneficial relationship with all its stakeholders.
History:
1963:The Company was established in 1963.
1985:The Company is listed on Nepal Stock Exchange on 1 October 1985.