Djarum

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Djarum
legal form Private
founding April 21, 1951
Seat Kudu , IndonesiaIndonesiaIndonesia 
management Robert Budi Hartono and Michael Bambang Hartono
Number of employees 40,000
Branch tobacco
Website www.djarum.com

PT Djarum is an Indonesian tobacco company based in Kudus that specializes in the manufacture and sale of clove cigarettes (kretek). Djarum is one of the largest private companies in the country and its owners Robert Budi Hartono and Michael Bambang Hartono are the two richest people in Indonesia.

history

In 1951, Oei Wie Gwan , an ethnically Chinese businessman, bought a cigarette company in Kudu ( Jawa Tengah ) known as NV Murup . Before the takeover, the company was on the verge of bankruptcy. He renamed the manufacturer Djarum and acquired trademark and license rights in the mid-1950s.

The company almost died when a major fire destroyed the company's factory in 1963. Shortly afterwards, Oei Wie Gwan died. The new owners, the children of Oei Wie Gwan, Budi and Bambang Hartono, took the opportunity to rebuild the company.

In 1972, the company began selling its clove cigarettes abroad after becoming one of the largest manufacturers in Indonesia.

It has financed the Indonesian badmington team PB Djarum since 1974 . Numerous world-class players come from the club.

After the Asian crisis in 1997 , the company became part of a consortium that bought Bank Central Asia (BCA). In 2004 it also started developing real estate projects.

Individual evidence

  1. ^ Djarum Pt - Company Profile and News. Retrieved July 12, 2019 .
  2. Michael Hartono. Retrieved July 12, 2019 .
  3. ^ R. Budi Hartono. Retrieved July 12, 2019 .
  4. PBDJARUM. Retrieved July 12, 2019 .
  5. Indonesia's Djarum Group buys BCA shares worth $ 382 mln-sources . In: Reuters . December 20, 2010 ( reuters.com [accessed July 12, 2019]).