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In January 2019, Kino acquired the Morinaga's stake in the joint venture for Rp 74,89 billion and changed its name to Kino Food Indonesia, giving Kino's full control again in the food business. [5] In September 2014, Kinocare Era Kosmetindo changed its name to Kino Indonesia as part of corporate restructuring whilst becominh the holding company ...
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
The company's operations in Indonesia originated in 1959, when Ferry Teguh Santosa founded PT Ometraco as a diversified group. [2] Japfa was founded in 1971 at Surabaya, as a joint venture between Ometraco and German firm Internationale Graanhandel Thegrau to manufacture copra pellets and coconut oil. Its name was initially PT Java Pelletizing ...
ABC brand was previously owned by PT ABC Central Food Industry, a company that was bought by Heinz in 1999. [ 3 ] ABC is the largest Heinz's business in Asia, and one of the largest in the world; employing 3000 employees, 3 production facilities, 8 packing facilities, and extensive distribution network in Java and other parts of Indonesia.
Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. [2] It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares. [3]
The company converted the previous Giant stores to IKEAs or Hero Supermarkets. [16] PT Hero Supermarket Tbk (now DFI Nusantara) planned to divest its supermarket businesses along with the rights of the "Hero" brand on 19 April 2024 to the Kurnia family's new company PT Hero Retail Nusantara for 135 billion rupiahs. [17] [18] [19]
The company was established on 14 August 1990 as PT Panganjaya Intikusuma, then later on 5 February 1994 its name was changed to Indofood Sukses Maksur. It exports food ingredients to Australia, Asia and Europe. In the past few decades, Indofood has transformed into a total food solutions business. Its operations comprise the entirety of the ...