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Article: Apac group.(COMPANY PROFILE)
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- August 1, 2007
CopyrightCOPYRIGHT 2007 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Backgrounds
Apac Group is a widely diversified corporation. One of its core businesses is textile industry.
Apac Group is headed by Johanes Budisutrisno Kotjo. In the 1990s Johanes Kotjo as he is better known, had close partnership in business with a son of former President Soeharto, Bambang Trihatmojo who had his own big company group the Bimantara Group.
A subsidiary of the Apac Group, PT. Apac Inti Corpora, operates spinning and weaving industries. Apac Inti Corpora operates the country's largest integrated textile industry. In april, 2007 Apac Inti Corpora together with 200 other TPT companies proposed participation in the restructuring ...