Pakistan Engineering Company

Pakistan Engineering Company Limited (PECO), previously known as Batala Engineering Company (BECO), is a Pakistani engineering company based in Lahore, Pakistan.[2] It formerly manufactured diesel engines, aircraft parts, and other materials which they exported abroad before nationalization.[3]

Pakistan Engineering Company
Public
Traded asPSX: PECO
IndustryEngineering
Founded1950 (1950)[1]
FounderCM Latif[2]
HeadquartersLahore, Pakistan
Websitewww.peco.com.pk

It was established by CM Latif in Batala, East Punjab, British India. After the formation of Pakistan, he moved his industrial base to Lahore, Pakistan.[2] The company was formed in 1950.[2]

In 1972, the company was nationalized by Zulfikar Ali Bhutto government and was subsequently renamed to Pakistan Engineering Company.[2]

References
  1. "Will stock broker Arif Habib defeat the Government of Pakistan in the battle for control over PECO?". 11 March 2019.
  2. "Pakistan Engineering Company Limited". 11 October 2017.
  3. https://www.thenews.com.pk/tns/detail/566883-managing-state-owned-enterprises


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