Semen Indonesia Group's subsidiaries reduced from 40 to 12
Subsidiaries of the Semen Indonesia Group have been trimmed from 40 to 12, as the State-Owned Enterprises Supervisory Agency (BP BUMN) oversees a sweeping streamlining programme across SIG’s business entities. In this process, the number of SIG’s business entities was reduced from 40 companies to 12 primary entities.
BP BUMN, and Danantara Indonesia’s Chief Operating Officer, Dony Oskaria, said this was done as part of a strategy to strengthen business efficiency, sharpen focus on strategic lines of business, and boost the competitiveness of the domestic cement industry amid economic challenges and evolving dynamics of the global industry.
In his briefing, Dony highlighted progress in the streamlining programme, which has now entered the execution phase in Q2 2026, including a range of consolidation steps to strengthen the company’s business structure.
Dony emphasised that the transformation and streamlining of state-owned enterprises are essential to building a healthier, more agile, and competitive state-owned company amid the evolving dynamics of the industry.
‘Transformation of state-owned enterprises must be directed at creating a more efficient business structure, focusing on the core business, and delivering greater added value for the country and its people,’ Dony said in a statement, as reported on Thursday (21/5/2026).
During the transformation process, SIG is pursuing a number of strategic agendas, including the merger of distribution and building materials entities, consolidation of the logistics sector, integration of industrial estates into the Danantara ecosystem, and the divestment and liquidation of non-strategic entities.
These steps are intended to create a leaner and more effective business structure capable of supporting faster, more measured decision-making.
Beyond operational efficiency, SIG is ensuring that all stages of the transformation are conducted prudently and in line with good corporate governance principles. The company continues to coordinate with independent advisers, Public Accounting Firm (KAP) auditors, and carries out due diligence to ensure every strategic step is undertaken in an accountable and transparent manner.
Through a measured and sustainable transformation, SIG is expected to be increasingly prepared to face challenges in the national construction and infrastructure industry in the years ahead, while strengthening its contribution to Indonesia’s development agenda.