GUNA GROUP:Chasing Gold Standards

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April 8, 2011, 5:45 p.m. Published in Magazine Issue: Vol. : 04 No.-20 April 08-2011 (Chaitra 25,2067)

From dealing with gold ornaments to city apartments, and from finance to flights, the Guna Group of business organizations is expanding its wings with the goal of reaching for the gold standards in   Dedication pays. Rajendra Shakya, chairman of the Guna Group, a Nepali conglomerate, has shown it really does. In just one decade, Shakya has established companies, with big names and fames.


Shakya started off with his traditional business of making gold ornaments, but then, he also wanted to expand his wings in other sectors.


With intense efforts, Shakya diversified his business and turned it into the Guna Group of business organizations of Nepal.


“I am very happy that we have been able to transform and expand our business of traditional gold ornaments into a leading group of industries,” said Rajendra Shakya.  “The rapid progress of the company is due to its commitment to abide by the highest principles while doing the business- the integrity in commercial transactions.”


The Guna Group is a conglomerate now active in many sectors of Nepal’s economy and particularly renowned for its many successful housing developments. The group is also involved in other property developments, education, banking, finance, cinema and entertainment, jewelry, mobile communication, and cold storage.


As the demand for new houses is going up, the company has opened bookings for the GN apartments in Gwarko, Lalitpur, and announced launching the Fohora Complex, a fashionable shopping mall in Durbarmarg, Kathmandu.


Under the Guna Group, there are Guna Colony, KIST Medical College, Kathmandu Engineering College, KIST College, Guna Cinema Pvt. Ltd, Guna Jewelers Enterprises, Asian Foods Cold Storage Pvt Limited, Guna Mobile and Guna Airlines.


Established in 1998, the Guna Colony, the country’s large and reputable company, involved in property development, has already completed housings like Stupa Housing, Sinamangal, Stupa Colony Buddhanagar, Reliable Colony, Bhainsepati, and LP Apartment, Lazimpat. Three new projects like Bhainsepati apartments, GN Apartments Gwarko and BN Apartment have already been launched.


Shakya’s dream is to be established as the largest business group.


“Like our gold ornament business where we have been able to keep our integrity and reliability, we want to maintain the same standards in all our businesses. This will make us different.”

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