Indonesia Trading Company
Indonesia Trading Company or ITC, known in Indonesia as PT Perusahaan Perdagangan Indonesia (Persero) or PPI, is the only Indonesian state-owned trading house. Its business is in export, import and distribution.
ITC was formed through the merger of three former so-called "Niaga" companies, state-owned trading companies PT Tjipta Niaga, PT Dharma Niaga and PT Pantja Niaga, on 31 March 2003.
These three ex-"Niaga" belonged to the so-called "Big Five" of the colonial period of the Netherlands Indies, which were nationalized in the 1950s.
ITC's main activities is in general trading, including export, import and distribution of :
- Industrial products:
- Construction materials (cement, asphalt, steel products, other metal products),
- Agricultural product (staples, spices, forest and fishery products),
- Chemicals (fertilizers, pesticides, hazardous chemicals and pharmaceuticals),
- Machinery and equipment (medical equipment, agricultural equipment, heavy equipment, vehicles).
- Consumer products:
- Product of various brands, in particular Unilever),
- Food and beverage (in particular alcoholic drinks, as official importer appointed by the Indonesian government).
PPI employs some 1,200 people and has offices all over Indonesia.
See also
Source
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