Bakrie & brothers

Indonesian conglomerate corporation

The Bakrie Group is an Indonesian conglomerate founded by Achmad Bakrie in 1942.^[1] 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.

It is headed by Nirwan Darmawan Bakrie and Indra Usmansyah Bakrie as co-chairpersons.

History

H.

Bakrie family

Achmad Bakrie founded Bakrie & Brothers ("N.V. Bakrie & Brothers") in 1942 in Telukbetung, South Sumatera. Bakrie & Brothers was established as a general trading and distribution company.^[2] In the 1950s Bakrie Group business activities have expanded to include general trading, construction services, agribusiness, coal mining, oil & gas, and telecommunications; while continuing to develop manufacturing such as steel pipes, building m