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The '''Bakrie Group''' is an Indonesian [[Conglomerate (company)|conglomerate]] founded by Achmad Bakrie in 1942. In the 1950s Bakrie Group business activities have expanded to include general trading, construction services, agribusiness, coal mining, oil & gas, and telecommunications; while continuing to develop manufacturing such as steel pipes, building materials, and automotive components.
The '''Bakrie Group''' is an Indonesian [[Conglomerate (company)|conglomerate]] founded by Achmad Bakrie in 1942. It has interests across various industries including [[Mining in Indonesia|mining]], oil and gas, [[real estate development|property development]], infrastructure, plantations, media and telecommunications. The group is one of the largest business groups in Indonesia, with 10 companies listed on the [[Indonesia Stock Exchange]]. In 2013 its main subsidiary [[Bumi Resources]] was beset by a host of difficulties, including the discovery of US$201 million in financial irregularities, as well as regulatory problems.<ref>{{Cite news|url=|title=Bumi chief looks to 'a fresh start' as name change and Bakrie split near|last=Leftly|first=Mark|date=8 November 2013|work=[[London Evening Standard]]|access-date=|page=59}}</ref>

With 10 companies listed publicly on the [[Indonesia Stock Exchange|Indonesia Stock Exchange (IDX)]] Bakrie Group is one of Indonesia’s oldest and largest diversified groups, with interests in [[mining]], oil and gas, plantations, telecommunications, media, infrastructure and property.<ref>{{Cite web|title=Our History - Bakrie Global Ventura|url=http://www.bakrieglobal.com/who-we-are/our-history|access-date=2020-06-23|website=www.bakrieglobal.com}}</ref>


It is headed by [[Nirwan Darmawan Bakrie]] and [[Indra Usmansyah Bakrie]] as co-chairmen.
It is headed by [[Nirwan Darmawan Bakrie]] and [[Indra Usmansyah Bakrie]] as co-chairmen.

Revision as of 06:45, 23 June 2020

Bakrie Group
IDXBNBR (PT Bakrie & Brothers Tbk)
IndustryVarious
Founded1942
FounderAchmad Bakrie
HeadquartersJakarta, Indonesia
Area served
Worldwide
Key people
Aburizal Bakrie (former chairman)
Nirwan Bakrie, co-chairman
Indra Bakrie, co-chairman
Productscoal, oil, gas
Number of employees
70,000 (2011)
Websitewww.bakrie-brothers.com Edit this on Wikidata

The Bakrie Group is an Indonesian conglomerate founded by Achmad Bakrie in 1942. In the 1950s Bakrie Group business activities have expanded to include general trading, construction services, agribusiness, coal mining, oil & gas, and telecommunications; while continuing to develop manufacturing such as steel pipes, building materials, and automotive components.

With 10 companies listed publicly on the Indonesia Stock Exchange (IDX) Bakrie Group is one of Indonesia’s oldest and largest diversified groups, with interests in mining, oil and gas, plantations, telecommunications, media, infrastructure and property.[1]

It is headed by Nirwan Darmawan Bakrie and Indra Usmansyah Bakrie as co-chairmen.

Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group. The company has under its management around 100,000 ha of oil palm and rubber plantations.[2] BSP has extensive landbanks. [3] One of its directors is Bungaran Saragih, a former minister of agriculture. [4] It operates or used to operate on peatlands.[5]

References

  1. ^ "Our History - Bakrie Global Ventura". www.bakrieglobal.com. Retrieved 2020-06-23.
  2. ^ "PT Bakrie Sumatera Plantations TBK | Member | RSPO - Roundtable on Sustainable Palm Oil". rspo.org. Retrieved 2016-05-30.
  3. ^ Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 77
  4. ^ Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 120
  5. ^ Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 131