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Search result with “Pertamina Subsidiaries” as a keyword founded 52 news.

Indonesia to Merge 23 Industrial Estate Firms in Sweeping SOE Overhaul

... mapped 1,074 SOE companies and subsidiaries as part of the restructuring ... and agricultural products. Read More: Pertamina Unit Merger Generates Up to ...
Business Oct 12, 2026 | 10:30 pm

Danantara Defends Overdue Financial Statement

... enterprises (SOEs), including the sub-subsidiaries. However, Danantara has faced concerns ... same goes for [oil producer] Pertamina and Bank Mandiri. … And now ...
Business Oct 8, 2026 | 2:21 pm

Pertamina, Jababeka Plan Biomethane and Hydrogen Expansion for Industrial Decarbonization

... and hydrogen-powered transportation, Pertamina and Jababeka executives said at ... according to the release. Pertamina, through its subsidiaries Perusahaan Gas Negara (PGN ... ) and Pertamina New & Renewable Energy (Pertamina ...
Business Sep 22, 2026 | 7:17 pm

Prabowo Wants Ad Hoc Court for Problematic State Firm Bosses

... of SOEs -- including the sub-subsidiaries -- to 300 businesses by the ... half of 2026. Energy firm Pertamina also saw an 86% growth ...
News Aug 14, 2026 | 2:33 pm

Prabowo Plans World's Largest SOE Overhaul, Targets Maximum of 300 Entities

... -owned enterprises and their subsidiaries and lower-tier subsidiaries, arguing that many ... company Pupuk Indonesia, energy giant Pertamina, pawnshop operator Pegadaian, port operator ... holding company PTPN. Read More: Pertamina Unit Merger Generates Up to ...
Business Aug 14, 2026 | 11:10 am

Prabowo Says State-Owned Enterprise Overhaul to Save Rp 50 Trillion Annually

... of state-owned entities -- including subsidiaries and affiliated companies -- from 1,077 ... wealth,” he said. Read More: Pertamina Unit Merger Generates Up to ...
Business Jul 21, 2026 | 9:06 am

Prabowo Targets Slimmer SOEs, Rules Out Layoffs

... 000 state-owned companies and subsidiaries. "Out of more ... 2026. Read More: Pertamina Unit Merger Generates Up ... transactions among parent companies, subsidiaries, and lower-tier entities. ... of several subholdings within Pertamina had already produced efficiency ...
Business Jun 29, 2026 | 3:46 pm

Pertamina Unit Merger Generates Up to $700 Million in Savings, Danantara Says

... merger of three subsidiaries of state energy company Pertamina has generated ... passed through several layers of subsidiaries before execution, adding administrative ... transactions between parent companies, subsidiaries, sub-subsidiaries, and even lower-tier ...
Business Jun 12, 2026 | 1:04 am

Danantara Marks First Year, Eyes 8% Growth and $50B Returns

... from about 1,000 entities, including subsidiaries, to around 200 to improve ... exceeds 1,000 entities when subsidiaries and sub-subsidiaries are included. He said ... Pertamina as an example, stating the energy giant has around 200 subsidiaries ...
Business Mar 12, 2026 | 11:42 am

Pertamina Plans to Integrate Refining, Fuel Sales and Shipping Businesses

... . Pertamina is preparing a major restructuring by merging three of its downstream subsidiaries ... — Kilang Pertamina Internasional (KPI), Pertamina Patra Niaga, and Pertamina Internasional Shipping ...
Business Jan 9, 2026 | 9:31 pm

Indonesia Can’t Afford to Fall Behind on Sustainability Reporting

... million to €50 million; and subsidiaries would be aligned with the ... , shows a solar panel donated by Pertamina Gas OWJA. The solar panel ...
Opinion Dec 12, 2025 | 12:48 pm

Danantara to Trim State Firms to Prevent Business Cannibalization

... . The figures include the sub-subsidiaries. Danantara, now that it manages ... an "easy task" to four subsidiaries, thus leading to redundancy and ... subsidiary of the oil producer Pertamina. Danantara remains tight-lipped on ...
Business Nov 14, 2025 | 2:59 pm

Pertamina Targets Merger of Three Subsidiaries by January 2026

... Pertamina plans to finalize the merger of three of its main subsidiaries ... Pertamina Patra Niaga, refinery arm Kilang Pertamina Internasional (KPI), and Pertamina ... gas pipeline networks, Pertamina Lubricants for petrochemicals, and Pertamina New & Renewable ...
Business Nov 11, 2025 | 10:20 am

Fugitive Oil Tycoon Riza Chalid Faces New Scrutiny from KPK

... Riza Chalid and former Pertamina executive Chrisna Damayanto in ... Damayanto, who served as Pertamina’s processing director from 2012 ... worked for one of Pertamina’s subsidiaries in Singapore that ... and lease agreements, bypassing Pertamina’s vetting process. At ...
News Oct 22, 2025 | 2:10 pm

Danantara to Cut SOEs to Just 300 Firms

... (SOE) Ministry, but including their subsidiaries and affiliates, the total reaches ... , a subsidiary of state oil giant Pertamina, into the Garuda Indonesia Group ...
Business Oct 20, 2025 | 5:01 pm

Danantara Urges State Firms Not to Manipulate Financial Statements

... electricity sector. The fund has Pertamina, the oil giant that has ... current 1,000 -- which include sub-subsidiaries -- to 200s. President Prabowo Subianto ... flag carrier Garuda Indonesia and Pertamina’s aviation subsidiary Pelita Air. Another ...
Business Oct 16, 2025 | 7:57 pm

Danantara Saves Rp 8.2 Trillion by Scrapping Bonuses for State Firm Commissioners

... institution and for energy company Pertamina to strengthen its position among ... number of SOEs and their subsidiaries from roughly 1,000 to just ...
Business Oct 16, 2025 | 2:35 pm

Danantara Pours $1.84 Billion into Garuda to Stabilize Airline

... did not fully cover all subsidiaries, and passenger traffic recovery has ... debts to state energy firm Pertamina from 2019–2021. Investors reacted ... and its subsidiaries,” Garuda said. Read More: Lawmaker Opposes Pertamina’s Plan to ...
Business Oct 8, 2025 | 2:26 pm

Lawmaker Opposes Pertamina’s Plan to Merge Pelita Air with Garuda Indonesia

Jakarta. Pertamina’s plan to spin off ... Read More: Pertamina to Spin Off Non-Core Subsidiaries, Including Pelita ... Air Hakim suggested that if Pertamina intends ... that the government and Pertamina still have other options ...
Business Sep 15, 2025 | 1:51 pm

Pertamina to Spin Off Non-Core Subsidiaries, Including Pelita Air

... giant Pertamina is preparing to spin off several subsidiaries ... renewable energy. Therefore, some subsidiaries will be spun off,” ... Danantara’s coordination, with subsidiaries spun off and merged ... grows dramatically when including subsidiaries. Rosan said in ...
Business Sep 11, 2025 | 9:28 pm