You can helpexpand this article with text translated fromthe corresponding articlein Indonesian.(January 2024)Click [show] for important translation instructions.
|
This articlemay requirecopy editingfor grammar, style, cohesion, tone, or spelling.(May 2024) |
PT Bentoel Internasional Investama,commonly known asBentoel Group,is an Indonesiantobaccocompany. It is the second-largest in the year of establishment and fourth-largest tobacco firm in Indonesia afterSampoerna,Gudang GaramandDjarumin terms of market share.[1]In 2009, London-basedBritish American Tobacco,the world's second-largest tobacco company, acquired a 99.74% stake in Bentoel.[2]In early 2010, the company was merged with PT BAT Indonesia Tbk, with Bentoel continued to operate as the survived entity; however Bentoel had revive the BAT Indonesia name ever since.
 Current logo since 2020 | |
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | Tobacco |
| Predecessor | Perusahaan Rokok Tjap Bentoel |
| Founded | 10 September 1930(Bentoel) 1917(British American Tobacco Indonesia) |
| Founder | Ong Hok Liong |
| Headquarters |
|
Key people | Faisal Raif (President Director) |
| Products | Cigarettes Kretek |
| Revenue |  Rp20.835 trillion (2019) |
 Rp51 billion (2019) | |
| Total assets | Rp 17 trillion (2019) |
| Total equity | Rp 8.402 trillion (2019) |
Number of employees | 4,346(2019) |
| Parent | British American Tobacco |
| Website | www |
Headquartered inJakartawith the manufacturing plant located inMalang,it has the local brands include Bentoel Biru, Bentoel SJT, Ardath, Tali Jagat, and Star Mild. It also manufactures international brands such as555,Lucky StrikeandDunhill.
History
edit
Ong Hok Liong (born 12 August 1893)[3]worked in his father's tobacco trading company inBojonegoro,East Java,but his propensity for gambling prompted his wife to move the family, first to Sumberwaras and then toMalang.In 1920, Ong started akretekcompany with his brothers and pawned his wife's jewelry to fund his share. He introduced numerous brands but most failed. In 1935, he developed a new brand to be called Djeruk Manis (sweet orange) but during a visit to the sacredGunung Kawimountain, he had a dream about a bentoel (cassava root) vendor. This prompted him to adopt the name Bentoel for his new cigarette. The brand was a success. By 1950, Ong had about 3,000 staff and acquired a cigarette factory inBlitar.[4]Due to heavy smoking, and thus drinking arakrice alcoholto ease the pain in his throat, Ong died in 1967 from chronic liver disease.[5]Labor problems in 1968 prompted Bentoel to begin using fully automated rolling machines - a first for the kretek industry.[4]
By the late 1970s, Bentoel was ranked third in Indonesian cigarette production and dominated the machine-madekreteksector. In 1979, a government decree restricted the amount of machine-made kretek. This policy caused the company's fortunes to suffer. Bentoel received significant foreign investment but in late 1990 its chief executive (one of Ong's sons) resigned as the company had debts of several hundred million dollars. In 1987,Rajawali Corporabought a majority stake and replaced managers and directors.[4]In June 2009, BAT bought an 85% stake in PT Bentoel Internasional Investama for $494 million and would purchase the remaining public shares by the end of August 2009.[6]
1987 lawsuit
editIn 1987, lawyerRobert Odjahan Tambunanfiled a class-action lawsuit on behalf of Indonesian youth against Bentoel for allegedly breaking the law by using the wordsRemaja Jaya(Successful Youth) as a brand name. Central Jakarta District Court dismissed the Rp 1 trillion lawsuit on the grounds Tambunan had no right to act as a representative of Indonesian youth. Tambunan had argued the nicotine product could destroy Indonesian children and lead to the nation's downfall. The lawsuit was also filed against Jakarta city administration, the Justice Ministry's patent and copyright directorate, and Prambors radio station.[7]
Business
editIn 2016, Bentoel Internasional was the fourth largest cigarette producer in Indonesia with a market share of approximately 7%. The company makes machine-made kretek, hand-made kretek and white cigarettes.[8]
References
edit- ^"Tobacco - Mirae Asset Sekuritas"(PDF).Mirae Asset Sekuritas.M irae Asset Daewoo Co., Ltd.Retrieved12 April2018.
- ^Tjahjono, Venisa (20 October 2009)."BAT Indonesia To Merge with Bentoel".Jakarta Globe.Retrieved12 April2018.
- ^"Menengok Masa Lalu Pabrik Rokok Bentoel".SPORTOURISM. 9 March 2016.Retrieved12 April2018.
- ^abcMark Hanusz (2000).Kretek: The Culture and Heritage of Indonesia's Clove Cigarettes.Equinox Pub. pp. 126–127.ISBN978-979-95898-0-4.
- ^Graham, Duncan (3 November 2006)."WHERE THERE'S SMOKE THERE'S A STORY".The Jakarta Post.Retrieved12 April2018.
- ^Silka, Tyagita (17 June 2009)."BAT eyes Asia boost from Bentoel deal".Reuters.Retrieved12 April2018.
- ^Muninggar, Sri Saraswati (24 July 2002)."Media outlets being sued for cigarette ads".The Jakarta Post.Retrieved12 April2018.
- ^Timmerman, Antonia (18 April 2016)."Indonesia: Bentoel Internasional to raise $1.06b via rights issue to repay debt".DealStreetAsia.Retrieved29 April2018.