Bakrie Group

[1] It has interests across various industries including mining, oil and gas, property development, infrastructure, plantations, media and telecommunications.

[2] In the 1950s Bakrie Group business activities have expanded to include general trading, construction services, agribusiness, coal mining, oil & gas, and telecommunications; while continuing to develop manufacturing such as steel pipes, building materials, and automotive components.

Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded.

[9] Bakrie Group has a limited partnership with Convergence Ventures, since its inception in 2015 the VC has backed 16 startups in Indonesia.

[10] In 2019, Bakrie Group made an undisclosed investment in BumiLangit Studios, Indonesian character based entertainment company in Indonesia.

[11] The Investment was made by VIVA group who are currently focusing on developing Indonesia's own superhero cinematic universe through the library of the intellectual property rights of BumiLangit Studios.

[12] The first movie in line, Gundala released in August 2019 was a theater hit grossing 48,3 billion Rupiah.

Additionally, the company also introduced salary reduction plans to 800 employees in their attempt to reduce financial burdens due to limited business activity.

[18] In May 2020, Bakrie Capital Indonesia signed an agreement with Air Products (APD) to build a $2 billion coal-to-methanol manufacturing facility in East Kalimantan.

In 2011 Energi Persada expanded its business to Buzi block in Mozambique, Africa through their subsidiary EMP Mining Overseas Pte.

[20] List of current operations; Bakrie Group owned PT Visi Media Asia Tbk (VIVA).

The company activities covers Free to Air (FTA) TV networks with antv, tvOne, VTV and digital media portal viva.co.id.

Visé, a second division league Belgium football club was acquired by Bakrie Group in 2011,[37] during Bakrie's ownership Indonesian youth players like Syamsir Alam, Manahati Lestusen and Alfin Tuasalamony were called to play for the club.