United Tractors

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Not to be confused with United Tractor.
PT United Tractors Tbk.
TypePublic IDX: UNTR
IndustryHeavy equipment, Mining
Founded1972
HeadquartersJakarta, Indonesia
Key people
 (CEO), (President Commissioner)
Products
RevenueIncrease Rp 84.43 trillion (2019)
Increase Rp 11.13 trillion (2019)
Total assetsIncrease Rp 111.7 trillion (2019)
Total equityIncrease Rp 61.1 trillion (2019)
Number of employees
26,942 (2016)
Websitewww.unitedtractors.com

PT United Tractors Tbk or United Tractors (UT/the Company) is a company that was established on 13 October 1972 as the exclusive distributor of Komatsu Limited heavy equipment in Indonesia. On 19 September 1989, the company went public and listed its shares in Indonesia Stock Exchange as PT United Tractors Tbk (UNTR), with PT Astra International Tbk as the majority shareholder.[1] The company is also the exclusive distributor of UD Trucks, Bomag, Tadano and Scania AB.

Aside of being the largest distributor of heavy equipment in the country, the Company also plays an active role in the field of mining contracting and has recently ventured into coal and gold mining businesses. Through its subsidiaries, the Company owns and operates several coal mines of 400 million tons combined reserve and one of the largest gold mines in the world, Martabe mine. The three major business units are Construction Machinery, Mining Contracting and Mining. The portfolio of these three business units are prudently managed to provide stable profitability unlike a typical pure-play mining company which its profitability strongly depends on the volatile commodity prices. In 2012, when mining businesses were in decline, United Tractors still delivered net income of Rp 55,953 billion (US$5.593 billion) and was recognized as the sixth largest company in Indonesia according to Fortune 100.[2]

Subsidiaries[]

Company Established Business Activities Ownership Website
PT Bina Pertiwi 1976 Farm Tractors Distribution 100% http://www.binapertiwi.com
PT Komatsu Indonesia 1982 Komatsu Heavy Equipment Manufacturer 5% http://www.komi.co.id
PT United Tractors Pandu Engineering 1983 Component Manufacturer & Fabrication 100% http://www.patria-ute.com
PT Pamapersada Nusantara 1988 Mining Contracting 100% http://www.pamapersada.com
PT United Tractors Semen Gresik 1992 Limestone Quarry Contracting 45%
UT Heavy Industry (S) Pte Ltd 1994 Singapore Distribution Arm for Heavy Equipment 100%
PT Komatsu Remanufacturing Asia 1997 Engine & Component Recondition 49% http://kra.co.id/
PT Multi Prima Universal 2008 Used Equipment & Rental 100% http://www.mpu.co.id
PT Tuah Turangga Agung 2008 Coal Mining 100% http://telenorbitprima.com
PT Harmoni Mitra Utama 2008 Logistics & Distribution 35%
PT Andalan Multi Kencana 2010 Commodity/ Developed Parts Distribution 100% http://www.allmakes.co.id
PT Universal Tekno Reksajaya 2011 Recondition and Remanufacturing Company 100% http://www.utr.co.id
PT Karya Supra Perkasa 2014 The trading, construction, and industry 100% http://www.utr.co.id
PT Anugerah Gunung Mas 2014 Coal Mining 100% http://www.utr.co.id
PT Prima Multi Mineral 2014 Coal Mining 100% http://www.utr.co.id
PT Patria Maritime Lines 2008 Coal and other energy transportation 100% http://www.utr.co.id
United Ostermeyer Engineering Pty. Ltd. 1996 Design and planning 100% http://www.utr.co.id
Allmakes Asia Pasific Pte. Ltd 2001 Heavy equipment parts seller 100% http://www.allmakesworld.com

Expansions[]

From 9 hectares area in Cibitung, Bekasi Regency, West Java, the company is building 3 hectares new factory to add 30 percent of current production. It will produce since Q4 2011.

References[]

  1. ^ "Indonesia-Investments.com:United Tractors company profile". April 1, 2014.
  2. ^ "Ini Daftar Perusahaan Terbesar di Indonesia Versi Fortune". July 15, 2013.

External links[]

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