United Tractors

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.

PT United Tractors Tbk.
TypePublic IDX: UNTR
IndustryHeavy equipment, Mining
Founded1972
HeadquartersJakarta, Indonesia
Key people
Gidion Hasan (CEO), Prijono Sugiarto (President Commissioner)
Products
Revenue Rp 84.43 trillion (2019)
Rp 11.13 trillion (2019)
Total assets Rp 111.7 trillion (2019)
Total equity Rp 61.1 trillion (2019)
Number of employees
26,942 (2016)
Websitewww.unitedtractors.com

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
CompanyEstablishedBusiness ActivitiesOwnershipWebsite
PT Bina Pertiwi1976Farm Tractors Distribution100%http://www.binapertiwi.com
PT Komatsu Indonesia1982Komatsu Heavy Equipment Manufacturer5%http://www.komi.co.id
PT United Tractors Pandu Engineering1983Component Manufacturer & Fabrication100%http://www.patria-ute.com
PT Pamapersada Nusantara1988Mining Contracting100%http://www.pamapersada.com
PT United Tractors Semen Gresik1992Limestone Quarry Contracting45%
UT Heavy Industry (S) Pte Ltd1994Singapore Distribution Arm for Heavy Equipment100%
PT Komatsu Remanufacturing Asia1997Engine & Component Recondition49%http://kra.co.id/
PT Multi Prima Universal2008Used Equipment & Rental100%http://www.mpu.co.id
PT Tuah Turangga Agung2008Coal Mining100%http://telenorbitprima.com
PT Harmoni Mitra Utama2008Logistics & Distribution35%
PT Andalan Multi Kencana2010Commodity/ Developed Parts Distribution100%http://www.allmakes.co.id
PT Universal Tekno Reksajaya2011Recondition and Remanufacturing Company100%http://www.utr.co.id
PT Karya Supra Perkasa2014The trading, construction, and industry100%http://www.utr.co.id
PT Anugerah Gunung Mas2014Coal Mining100%http://www.utr.co.id
PT Prima Multi Mineral2014Coal Mining100%http://www.utr.co.id
PT Patria Maritime Lines2008Coal and other energy transportation100%http://www.utr.co.id
United Ostermeyer Engineering Pty. Ltd.1996Design and planning100%http://www.utr.co.id
Allmakes Asia Pasific Pte. Ltd2001Heavy equipment parts seller100%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.
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