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Indonesian automotive conglomerate From Wikipedia, the free encyclopedia
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]
You can help expand this article with text translated from the corresponding article in Indonesian. (January 2024) Click [show] for important translation instructions.
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Formerly | PT Astra International, Inc. (until the 90s) |
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Company type | Holding company |
IDX: ASII | |
Industry | Conglomerate |
Founded | 1957 |
Founder | Tjia 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) |
Products | Automotive, financial services, heavy equipment, agribusiness, information technology, infrastructure |
Revenue | US$17 billion (2018) |
US$ 1.5 billion (2018) | |
Total assets | US$ 24.6 billion (2018) |
Total equity | US$ 12 billion (2018) |
Owner | Jardine Cycle & Carriage (50.11%) (Jardine Matheson) |
Number of employees | 214,835 (2016) |
Subsidiaries | List
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Website | www.astra.co.id |
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]
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