Salim Group


The Salim Group is Indonesia's one of the biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. The group was founded in October 1972 by Sudono Salim and his junior partner Sutanto Djuhar. The current CEO is Anthoni Salim, a son of Sudono Salim.
The Salim Group also owns major oil palm plantations and logging concessions. Salim Group has been involved in property development and the leisure industry for around 30 years. Its businesses include hotel and resort development, golf courses, and commercial real estate.
WWW Official Site

History

The etymology of the group was initially formed after the acquisition of CV Waringin Kentjana by the Gang of Four during the early days of New Order era that export coffee, pepper, rubber, tallow nut, and copra. Salim Group would later consolidate its business by forming Indocement that focused on cement industry and Bogasari that focused on flour mill industry and was granted permission to monopolize both sectors by the state with profit sharing scheme. The group would later diversify its business by entering various sectors such as banking, real estate, automotive, and mass media.
The Salim Group was closely tied to Indonesian politician and dictator Suharto, who ruled Indonesia for 31 years and was Sudono Salim's "friend and patron".
During the May 1998 riots that led to Suharto's downfall, Sudono Salim's house was burned down and he was forced to flee to Singapore. In the aftermath of the crisis, Salim Group were forced to hand some of its assets to Indonesian Bank Restructuring Agency including Bank Central Asia and Indocement.
In 1999, the group called off talks to sell a stake in Indofood to San Miguel Corporation, the largest food and beverage conglomerate in the Philippines, because of control questions.

Projects in West Bengal

The Salim Group is involved in a number of projects in West Bengal, an eastern state of India. It is involved in the construction of Kolkata West International City. Salim and Universal Success are investors in the project, Ciputra is the developer, and Singapore-based Surbana is the project manager.
The proposal of the Salim Group for chemical hub and multi-product SEZ were cleared in principle by the board of approvals of the Union Commerce Ministry, Government of India, in October 2006.

Companies

  • Elshinta Media
  • * PT Radio Elshinta
  • * PT Elshinta Jakarta Televisi
  • * PT Majalah Elektronik Elshinta
  • * Elshinta.com
  • * ElshintaShop.com
  • PT XL Planet
  • * PT Elevenia Digital Teknologi Sukses
  • PT NAP Info Lintas Nusa
  • PT Asuransi Central Asia
  • * PT Central Asia Raya
  • * PT Indolife Pensiontama
  • PT Indoritel Makmur Internasional Tbk
  • * PT Indomarco Prismatama
  • * PT Indomarco Adi Prima
  • * PT Lion Super Indo
  • * PT Nippon Indosari Corpindo Tbk
  • ** All Fit & Popular Foods, Inc
  • ** Sarimonde Foods Corporation
  • * PT Fastfood Indonesia Tbk
  • * PT Inti Cakrawala Citra
  • * PT Gardenia Makmur Selaras
  • * PT Indoroti Prima Cemerlang
  • * Mister Donut Indonesia
  • PT Bank Ina Perdana Tbk
  • PT Transaksi Artha Gemilang
  • PT Inti Dunia Sukes
  • PT Inti Paket Prima
  • PT Reksa Transaksi Sukses Makmur
  • PT IndoArtha Perkasa Sukses
  • PT Indo Seungli Makmur
  • PT Indomobil Sukses Internasional Tbk
  • * PT Suzuki Indomobil Motor
  • * PT Nissan Motor Indonesia
  • * PT Garuda Mataram Motor
  • * PT Kreta Indo Artha
  • * PT Hino Motors Manufacturing Indonesia
  • * PT Indomobil Multi Jasa Tbk
  • * PT CSM Corporatama
  • * PT Indomobil Prima Energi
  • * PT Kyokuto Indomobil Manufacturing Indonesia
  • * PT Furukawa Indomobil Battery Manufacturing
  • * PT Central Sole Agency
  • * PT Indobaterai Energi Indonesia
  • * PT Indomobil Finance Indonesia
  • * PT Shinhan Indofinance
  • * PT Suzuki Nusantara Jaya Sentosa
  • * PT Wahana Sun Hutama Nissan Indonesia
  • * PT Swadharma Multi Finance
  • PT Indofood Sukses Makmur
  • * PT Indofood CBP Sukses Makmur Tbk
  • * PT Bogasari Flour Mills
  • ** PT Inti Abadi Kemasindo
  • * PT Salim Ivomas Pratama Tbk
  • * PT Nugraha Indah Citarasa Indonesia
  • * PT Indofood Fortuna Makmur
  • * PT Indolakto
  • * PT Anugerah Indofood Barokah Makmur
  • * PT Tirta Sukses Perkasa
  • * PT Arla Indofood Makmur Dairy Import
  • * Indofood Agri Resources Ltd
  • * Popolamama Indonesia
  • * Salim Palm Plantation
  • * PT Lotte Indonesia
  • * PT Yakult Indonesia Persada
  • PT Cyberindo Aditama
  • PT Mega Akses Persada
  • PT Total Chemindo Loka
  • PT Idmarco Perkasa Indonesia
  • PT Bumi Resources Tbk.
  • PT., Tbk., Co-Owned with Agung Sedayu Group
  • PT. Bangun Kosambi Sukses, Tbk, Co-Owned with Agung Sedayu Group
  • PT Bumi Resources Minerals Tbk.
  • MACH Australia Holdings
  • * MACH Energy Australia Pty Ltd
  • * MACH Metals
  • ** Rex Minerals from 30 October 2024 - Owner/developer of Hillside mine

Former companies

  • Yayasan Anugerah Musik Indonesia
  • PT Indosiar Visual Mandiri
  • PT Indosiar Karya Media Tbk
  • PT Nuansa Karya Berita
  • * Tabloid Jelita
  • * Mamamia
  • * Tabloid Gaul
  • * Majalah Kort
  • * Majalah Story
  • PT Nestle Indonesia
  • BCA Group
  • * PT Bank Central Asia Tbk
  • * PT BCA Finance
  • * BCA Finance Limited
  • * PT Bank BCA Syariah
  • * PT Central Santosa Finance
  • * PT BCA Sekuritas
  • * PT Asuransi Umum BCA
  • * PT Asuransi Jiwa BCA
  • PT Indocement Tunggal Prakarsa Tbk
  • PT Pepsi-Cola Indobeverages
  • PT Indomiwon Citra Inti
  • PT Holdiko Perkasa
  • PT Darya Varia Laboratoria Tbk