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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Tobacco Products > PT Gudang Garam Tbk

PT Gudang Garam Tbk
 PROFILE
PT Gudang Garam deals in droves of cloves. With a domestic market share near 50%, the company is Indonesia's top manufacturer of clove cigarettes. Founded in 1958 by the Wonowidjojo family, Gudang Garam blends cloves with tobacco to produce more than 70 billion cigarettes annually. The company owns a 514-acre tobacco complex on eastern Java that includes machine-made and hand-rolled cigarette operations. Gudang Garam is affiliated with other firms involved in banking, investing, and polyester film production. The Indonesian financial crisis has hurt the company's bottom line, as some smokers switched to cheaper brands; price increases have prevented bigger losses. Suryaduta Investama owns about 67% of Gudang Garam.

 COMPETITION
British American Tobacco p.l.c. (BTI)
JT International S.A. (dossier)
Philip Morris International Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,538.40
1-Yr. Sales Growth: (13.4)%
Employees: 40,000
Revenue per employee: $38,460.00

 KEY PEOPLE
• Djajusman Surjowidjono
    CEO

 CONTACT INFO
Jalan Semampir 11/1
Kediri 64121, Indonesia
Phone: 62-354-682-091
Fax: 62-354-681-555

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