Astra International

PT Astra International, Tbk.
FormerlyPT Astra International, Inc. (until the 90s)
Company typePublic
IDXASII
IndustryConglomerate
Founded1957 (1957)
FounderTjia Kian Tie
William Soeryadjaya (Tjia Kian Liong)
E. Hardiman (Liem Peng Hong)
HeadquartersMenara Astra, Central Jakarta, Jakarta, Indonesia
Key people
  • Djony Bunarto Tjondro (CEO)
  • Prijono Sugiarto (president Commissioner)
ProductsAutomotive, financial services, heavy equipment, agribusiness, information technology, infrastructure
RevenueIncrease US$17 billion (2018)
Increase US$ 1.5 billion (2018)
Total assetsIncrease US$ 24.6 billion (2018)
Total equityIncrease US$ 12 billion (2018)
OwnerJardine Cycle & Carriage (50.11%)
(Jardine Matheson)
Number of employees
214,835 (2016)
Subsidiaries
Websitewww.astra.co.id

Astra International, Tbk. 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]

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]

  1. ^ "Indonesia-Investments.com:Astra International company profile". March 25, 2014.
  2. ^ "ASTRA group. - Free Online Library". www.thefreelibrary.com. Retrieved 2022-03-16.
  3. ^ "Astra International". jardines.com. Archived from the original on 25 October 2012. Retrieved 4 April 2018.
  4. ^ "Astra Invests US$150 Million in Gojek". Tempo. Retrieved 2020-08-30.

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