Astra International

Last updated
PT Astra International, Tbk.
FormerlyPT Astra International, Inc. (until the 90s)
Company type Holding company
IDX:  ASII
Industry Conglomerate
Founded1957;67 years ago (1957)
FounderTjia Kian Tie
William Soeryadjaya (Tjia Kian Liong)
E. Hardiman (Liem Peng Hong)
Headquarters Menara Astra, Central Jakarta, Jakarta, Indonesia
Key people
Djony Bunarto Tjondro (CEO), Prijono Sugiarto (President Commissioner)
ProductsAutomotive, financial services, heavy equipment, agribusiness, information technology, infrastructure
RevenueIncrease2.svg US$17 billion (2018)
Increase2.svg US$ 1.5 billion (2018)
Total assets Increase2.svg US$ 24.6 billion (2018)
Total equity Increase2.svg US$ 12 billion (2018)
Owner Jardine Cycle & Carriage (50.11%)
(Jardine Matheson)
Number of employees
214,835 (2016)
Subsidiaries
Website www.astra.co.id

Astra International is an Indonesian conglomerate [1] controlled by Jardine Matheson. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated. [2]

Contents

It is Southeast Asia's largest independent automotive group. Operating predominantly in Indonesia, it is a provider of a full range of automobile and motorcycle products in partnerships with companies which include Toyota, Daihatsu, Isuzu, UD Trucks and BMW for automobiles, and Honda for motorcycles. Astra also has a strong presence in the automotive component sector through its subsidiary PT Astra Otoparts Tbk. [3]

In addition, Astra has interests in financial services; heavy equipment and mining; agribusiness; infrastructure and logistics; and information technology. In financial services, Astra's businesses provide financial products and services to support its automotive and heavy equipment sales. The group was also involved in retail banking through a stake in PT Bank Permata Tbk until the late 2010s. In 2019, Astra invested US$150 million in application-based, on-demand service Gojek. [4]

Current Business

Automotive

See also

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References

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