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Bakrie Group

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Bakrie Group
IDXBNBR (PT Bakrie & Brothers Tbk)
IndustryVarious
Founded1942
FounderAchmad Bakrie
HeadquartersLampung, 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. It has interests across various industries including mining, oil and gas, 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.[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. ^ Leftly, Mark (8 November 2013). "Bumi chief looks to 'a fresh start' as name change and Bakrie split near". London Evening Standard. p. 59.
  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