Astra International

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]

PT Astra International, Tbk.
FormerlyPT Astra International, Inc. (until the 90s)
TypeHolding company
IDX: ASII
IndustryConglomerate
Founded1957 (1957)
FounderBenyamin Arman Soeryadjaya (Tjia Kian Joe)
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
List
  • Pakoakuina
    Federal Superior Chain Manufacturing
    Federal Izumi Manufacturing
    Ardendi Jaya Sentosa
    FSCM Manufacturing Indonesia
    Anugerah Paramitra Motorpart
    Menara Terus Makmur
    Banjar Jaya Sentosa
    Evoluzione Tyres
    Century Batteries Indonesia
    Kayaba Indonesia
    Astra Daido Steel Indonesia
    GS Battery
    Nusa Keihin Indonesia
    NHK Gasket Indonesia
    Aisin Indonesia
    AOP Australia
    Mopart Jaya Utama
    Velasto Indonesia
    Astra Komponen Indonesia
    Indokarlo Perkasa
    Astra Juoku Indonesia
    Akebono Brake Astra Vietnam
    Suryaraya Rubberindo Industries
    Astra Agro Lestari
    MetalArt Astra Indonesia
    Marga Mandalasakti
    Astra Land Indonesia (50%)
    Astra Modern Land (50%)
    Astra Honda Motor (50%)
    Toyota Astra Motor (50%)
    Astra Daihatsu Motor (31.9%)
    Astra Digital
    Bank Jasa Jakarta
Websitewww.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, Peugeot 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]

See also

References
  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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