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In Indonesia, state-owned enterprises (Indonesian: Badan Usaha Milik Negara (BUMN)) play an important role in the national economy. Their roles includes contributor for national economy growth , providing goods or services which are not covered by private company , employment provider, providing support guidance to small and medium businesses ...
The Ministry of State-Owned Enterprises (Indonesian: Kementerian Badan Usaha Milik Negara, shortened as Kementerian BUMN) is an Indonesian government ministry that oversee the development of state-owned enterprises in Indonesia. The ministry is led by a Minister of State Owned Enterprises, who reports to the President. [1]
PT Bentoel Internasional Investama, commonly known as Bentoel Group, is an Indonesian tobacco company. It is the second-oldest tobacco company in Indonesia and the fourth-largest in terms of market share, following Sampoerna , Gudang Garam , and Djarum . [ 1 ]
PT Pertamina Gas Negara Tbk (PGN, English: Pertamina Gas Company, trading as Pertamina Gas Negara; formerly known as PT Perusahaan Gas Negara Tbk, English: State Gas Company) is an Indonesian natural gas transportation and distribution company. The total length of distribution pipelines of the company is 3,187 km that serve around 84 million ...
Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded. [6] Bakrie Group also acquired 80% of the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003. [7]
PT Bank Tabungan Negara (Persero) Tbk, lit. "National (State) Savings Bank", abbreviated and trading as BTN (currently stylized in its logo in all-lowercase ), is an Indonesian commercial bank best known as a mortgage bank , headquartered in Gambir , Jakarta .
PT Telekomunikasi Indonesia (Persero) Tbk [2] (lit. ' Telecommunications Indonesia State-owned Public Limited Company ' [2]) officially shortened into PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational telecommunications conglomerate [4] with its corporate headquarters in Bandung and its operational headquarters in the Telkom Landmark Complex in ...
This company was founded by Hary Tanoesoedibjo in Surabaya, East Java on 2 November 1989 as a securities company under the name PT Bhakti Investama. [3] Three years later, in 1997, the company officially went public on the Indonesia Stock Exchange , successfully raising Rp 80 billion.