PT Gudang Garam Tbk · Kediri Indonesia · (Jakarta: GGRM)
Company Description
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This link will open in a new window As Indonesia's largest cigarette maker, PT Gudang Garam deals in droves of cloves to make fragrant clove cigarettes, called kreteks. Founded in 1958 by the Wonowidjojo family, Gudang Garam blends cloves with tobacco to produce more than 70 billion cigarettes annually. The company owns a 514-acre tobacco complex on eastern Java that includes machine-made and hand-rolled cigarette operations. Gudang Garam is affiliated with other firms involved in banking, investing, and polyester film production. The company's dominance in Indonesia is under fire from Philip Morris International , which acquired rival PT Hanjaya Mandala Sampoerna in 2005. Suryaduta Investama owns about 67% of Gudang Garam. To read the full description, subscribe now.
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Key PT Gudang Garam Tbk Financials
| Company Type | Public - Jakarta: GGRM Headquarters |
| Fiscal Year-End | December |
| Employees | 37,151 |
PT Gudang Garam Tbk Executives
5 executives listed for PT Gudang Garam Tbk's Kediri Indonesia location.
| Title | Name & Bio | Contact |
| Chairman | Rachman Halim | |
| President | Djajusman Surjowijo | |
| VP | Mr. Mintarya |
Competition
Competitive Landscape for PT Gudang Garam Tbk
Demand is driven by discretionary consumer spending and awareness of the health effects of smoking. The profitability of individual companies depends on effective marketing. Large companies enjoy economies of scale in manufacturing and in their ability to offer wider ranges of products. Small companies can compete effectively through heavy discounting, through clever branding and packaging, and by exploiting niche categories such as pipe tobacco and additive-free cigarettes. The industry is capital-intensive: average annual revenue per worker is more than $1.5 million. To read the full description, subscribe now.Top PT Gudang Garam Tbk Competitors
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