PT Rajawali Corpora (RC) is an Indonesian
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
based in
Jakarta
Jakarta (; , Betawi language, Betawi: ''Jakartè''), officially the Special Capital Region of Jakarta (; ''DKI Jakarta'') and formerly known as Batavia, Dutch East Indies, Batavia until 1949, is the capital and largest city of Indonesia and ...
,
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...
. The corporation was formerly established in 1984 by Peter Sondakh as Rajawali Wira Bhakti Utama. Throughout the decades, Rajawali has developed into a regional player in several major business ventures and portfolios, ranging from agriculture, infrastructure, information, technology, consumer goods, media, communication, mining, natural resources, property, hospitality, retail, and transportation services.
In 2004, Sondakh founded Rajawali Foundation (RF) as the philanthropic arm of Rajawali Corpora. The mission of RF is to promote peace, prosperity, and the conservation of Indonesia's natural heritage through support for research, education, and training. The foundation's emphasis on education reflects Sondakh's view that knowledge, skills, and creativity are the true foundations of equitable and sustainable economic development.
Business units
Current
* Archi Indonesia
** Meares Soputan Mining
** Tambang Tondano Nusajaya
*
Eagle High Plantations
* Fortune Indonesia
** Fortune Pramana Rancang
** Pelita Alembana
** Fortune Adwicipta
* Indo Mines
* Rajawali Property Group
**
Rajawali Place (under development)
** St. Regis Jakarta (under development)
** St. Regis Bali Resort
** St. Regis Langkawi
** Four Seasons Jakarta
** The Laguna Resort & Spa
** The Westin Langkawi
** Sheraton Senggigi Beach Resort
** Sheraton Imperial Hotel
** Novotel Lombok Resort
*
Rajawali Televisi
* Velo Networks
Former
*
RCTI (1987–2000), sold to
MNC Media.
* Bank Pos Nusantara (1989–1999), merged into
Bank Danamon.
*
Express Group (1989–2020), sold to other shareholders though Rajawali still has the 10.7% equity share.
*
Bentoel Group (1991–2009), sold to
British American Tobacco
British American Tobacco p.l.c. (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products including electronic cigarettes. The company, established in 1902, is headquartered in London, E ...
.
* Metro Department Store (1991–2000), sold to
CT Corp.
*
Excelcomindo Pratama (1989–2007), sold to
Axiata.
*
Semen Gresik (2006–2010), reorganized into a subsidiary of
Semen Indonesia Group
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam. With a market reach to Asia, Australia and Oceania, the co ...
.
*
Nusantara Infrastructure (2010–2017)
*
Golden Eagle Energy (2012–2023)
References
External links
*
Conglomerate companies of Indonesia
Conglomerate companies established in 1984
1984 establishments in Indonesia
{{Indonesia-company-stub