About Us
Learn more about us
Who We Are
Sri Lanka State Trading (General) Corporation Limited is a fully government-owned institution functioning under the purview of the Ministry of Trade, Commerce and Food Security of Sri Lanka.
STC has been in the business for over 50 years with ample experience in catering to both the public and private sector.
5o Years
Excellence
Sri Lanka State Trading (General) Corporation was established under the Sri Lanka State Trading Corporation Act. No 33 of 1970 and notified in Gazette Extraordinary No 14, 939/10 dated 05.01.1970- the date on which the corporation commenced its trading operations.
In 1992, the STC was converted into a Public Limited Liabilities company under the Conversion of Public Corporations and Government-owned business undertaking into Public Companies. The “Lanka General Trading Company Limited” was then established and registered under the Companies Act, No. 17 of 1982, under Company No. N [PBS/CGB]148.
The Company’s name was changed to “STC General Trading Company Limited” on 07.06.2002 and it was subject to change again on 01.10.2010, giving the organization its current name- “Sri Lanka State Trading (General) Corporation Limited”. The company’s ordinary shares are fully owned by the State and are held by the Secretary to the Treasury on behalf of the State.
The State Trading (General) Corporation is an esteemed institution well-rooted in the corporate sphere of our nation, owing to our ability to cater to a large variety of industries and segments. Our business strength is amplified through our competent and professional staff, who possess years of experience working in a variety of fields.
As the state supply giant that caters to leading public and private sector institutions, STC provides a wide range of products and services including office stationery and equipment, construction and hardware items, medical equipment, educational requisites, sports goods, ICT products, electrical & electronics, office furniture, FMCG, automotive batteries & tire, agricultural products, power tools & hand tools, chemical products, etc.
Over the decades, STC has introduced world-recognized brands such as HP, DELL, and Lenovo Branded Computers, STC General Air conditioners, Yokohama tires, ‘Exide’ automotive batteries, ‘Orange’ Electrical items to Sri Lanka, in a bid to increase the operational efficiency of corporates islandwide.
As the country is experiencing progressive growth in segments such as tourism, construction, agriculture, and manufacturing, STC is geared to help the nation thrive in the future, with its range of services.
Understand our business fundamentals
Why Choose Us
Our Vision
To be the National Business Leader
Our Mission
To supply all products and services required primarily by the state sector to enhance its operational efficiency, while catering to all other segments, maintaining stakeholder interest with a view of supporting Sri Lanka to become the commercial hub of Asia.
Our Ministry
Ministry of Trade, Commerce and Food Security of Sri Lanka
Objectives of our Ministry
A new Sri Lanka through an economic environment that facilitates rapid development and investment.
Design, propose, execute and evaluate, with efficiency and transparency, economic and fiscal policies of the country towards promoting investment and economic development to ensure quality living for the people
Our Ministor
Mr. Wasantha Samarasinghe
Our Bankers
The Management
Chairman has been instrumental in giving meaningful direction to the organization while ensuring the achievement of our corporate objectives.
While overseeing the management and operations of the corporation keeping in mind the best interests of our valued stakeholders, the Management also lays down the future strategic direction of the STC to make the organization a competent provider of modern business solutions.
Chairman / Managing Director
Mr. Ravindra Fernando
The implementation of STC’s efficient business model during the past years has enabled us to achieve the current level of success, providing value to our customers.
STC’s customers form the main pillar of our success. Year after year, STC has built a reputable image in its pursuit of excellence, winning the trust and confidence of its customers and industry partners. STC has delivered consistent operational performance and financial results even during the recent adverse global economical conditions and shall endeavor to perpetuate these achievements in the future.
Our vision is to be the National Business Leader. STC will continue to acquire new techniques for the expansions of its portfolio, always keeping in mind our customers’ needs and requirements.
Committed to development of human capital STC has long embarked on a strategy to recruit and train adequate management staff in order to support its growing portfolio. Further, the company is on track with its goal of employing and training nationals with the aim of preparing them for leadership positions in the company. STC employees conduct their duties with the highest integrity and corporate governance.
STC is supplying a significantly sizable order of Office Supplies and Equipment, Home Appliances, IT & Telecommunication Accessories, Electrical & Electronic Accessories, Fast Moving Consumer Goods, Tyre & Batteries, Agricultural Equipment, Machinery Tools & Hardware items.
We are proud of our past and passionate about our future and look forward to continuing our success alongside each of our partners