Top SME Companies in Indonesia

Small and Medium Enterprises (SMEs) play a vital role in Indonesia's economy, contributing significantly to the country's GDP and employment figures. In this article, we will take a closer look at the SME industry in Indonesia, examining key statistics from 2022, factors contributing to its growth and success, industry trends, challenges, and future outlook.

read full article below
Filter bySearch by company name, registration number or domain name
CompanyHeadcountContactDescriptionDecision Maker
THRIVENI EARTHMOVERS PVT.LTD1,840 +65 6224 0901

A proven track record spanning two decades of experience, a project portfolio that testifies our expertise and a prominent client base from the mining and manufacturing industry that is evidence to our mining excellence. We are India’s largest mining MDO accredited with ISO 9001:2015, ISO 14001:2009 and BS OHSAS 18001:2007 with more than 6000 people and a turnover of 200 million USD, we have created an indelible presence for ourselves in the mining map of India. In our quest for exploration, we have transcended limitations to curve a niche as a competent global mining player. Our foray into South East Asia and Africa will vouch for the deep passion we have, for the world to rediscover some of its finest natural reserves. All through our endeavors, we have always believed that the depths of our capabilities will determine the heights of our success. Which is why, we constantly work towards upgrading our resources – from people to infrastructure. Known for our combined strength of efficiency in operations and ethics in business, we are and will remain a company with soaring vision and grounded values…

COECLERICI GROUP75 +65 6737 0750

Founded in Genoa in 1895, Coeclerici has been a point of reference for over 120 years in the supply of raw materials – in particular coal – for energy production. Today, thanks to this consolidated business experience, it is the leading company of a Group present in two business area, energy and industry, with high added value, with a constant diversification activity and a strategic-financial model aimed at development through acquisitions and organic growth. Coeclerici S.p.A. is the Group’s holding company, coordinating and supporting Group activities in 12 countries around the world. Characterised by a strong international vocation, the Group has been lead since 1992 by the Chairman and CEO Paolo Clerici, and operates through three highly specialized business units: • Mining division, which deals with the extraction of energy coal from its own mines located in the Kemerovo Region (Russia); • Trading division, which operates mainly in the marketing of raw materials such as coal, anthracite, coke and iron ore, serving a network of clients in over 25 countries; • Industry division, established at the beginning of 2017 with the acquisition of IMS Deltamatic, now IMS Technologies, one of the world’s leading operators in the production of high-tech industrial machinery and plants for the converting, packaging and automotive industries. The Group is continuing the process of diversification of its business, with an industrial approach and great ability for innovation.

LYCOPODIUM911 +61 8 6210 5222

Lycopodium is an Australian headquartered engineering and project management consultancy which provides a complete range of services for the evaluation, development, implementation and optimisation of projects across a broad range of industries.As its primary objective, Lycopodium focuses on consistently achieving clients’ aims across all project measures including performance, costs and schedule, HSE and within the community.The Lycopodium business model is based on providing superior quality services to clients by delivering studies, engineering, projects and maintenance advice that are fit for purpose and that exceed established acceptance criteria.Listed on the Australian Stock Exchange in 2004, Lycopodium has grown organically and by strategic acquisition, both of which have provided an expanding client base and access to new market sectors.Subsidiaries: • Lycopodium Minerals • Lycopodium Infrastructure • Lycopodium Process Industries • Orway Mineral ConsultantsTo view our current requirements please visit www.lycopodium.com.au/careers or send your CV to recruitment@lycopodium.com.au

MINING PLUS198 +61 8 9213 2600

Mining Plus applies a combination of technical expertise and practical experience to your exploration and mining projects across the world. We have adopted an attitude of “getting it right the first time”. We pride ourselves on providing tailored services to meet your expectations through the delivery of detailed, accurate and timely outcomes. With a proven track record in delivering innovative and practical solutions, our goal is to ultimately deliver value to your project, whether helping to define a corporate goal or maiden resource, providing a fit for purpose design or helping you to operate your mine. Our Core Services, offered in our disciplines of Mining Engineering, Geology and Geotechnical Engineering, are Define, Plan and Operate.Mining Plus services exploration and mining customers on a local, national and international scale. Our core capabilities and services have grown and diversified over the years to cover a broad range of mineral commodities across the project value chain and are enhanced by strategic alliances in other core disciplines. From the conceptual stage of projects, right through to feasibility study work, project delivery, commissioning, and mine closure. We have a unique ability to integrate seamlessly with your project teams to deliver results with the flexibility of working remotely or mobilising to site. See www.mining-plus.com for further details.

NEWCREST MINING7,244 +65 1800 387 0825

Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world’s largest gold mining companies.We are committed to supporting a safe, diverse and inclusive culture where our talents and differences are valued. Our activities in Australia and overseas mean our people are increasingly presented with more unique learning and development possibilities and opportunities to travel than ever before. With world-class opportunities across many diverse locations, Newcrest gives employees the chance to apply skills and expertise in the global mining community, providing opportunities to gain broad experience on a variety of projects in a range of geographies.Newcrest’s mission is to deliver superior returns from finding, developing and operating gold/copper mines. Our vision is to be the Miner of Choice™. We will lead the way in safe, responsible, efficient and profitable mining.We value: - Caring about people - Keeping people safe and healthy and respecting our communities and the environment.   - Integrity and honesty - Doing what we say we will do, and doing the right thing.   - Working together - Having shared goals and helping one another to achieve them.   - Innovation and problem solving - Challenging convention and finding a better way.   - High Performance - Seeking high performance in ourselves and others.

ORICA8,808 +61 1800 033 111

Our story began in 1874, when we first supplied explosives to the Victorian goldfields in Australia. Since then, we have grown to become one of the world’s leading mining and infrastructure solutions providers. From the production and supply of explosives, blasting systems, mining chemicals and geotechnical monitoring to our cutting-edge digital solutions and comprehensive range of services, we sustainably mobilise the earth’s resources. With over 145 years of expertise, our 13,000+ community of engineers, scientists, technologists, operators, business specialists and on-site crew support customers in surface and underground mines, quarry, construction, and oil and gas operations. Sustainability is integral to our operations. Our approach to sustainability begins with ensuring we operate our business responsibly, and by prioritising the safety of our people, customers, and communities. We are in a unique position to leverage our expertise in technology to create safer and more responsible solutions and deliver positive economic, social, and environmental contributions through our business activities.

OZ MINERALS781 +61 8 8229 6600

OZ Minerals is a modern mining company based in Australia. Listed on the Australian Securities Exchange (ASX200) with a growth strategy focused on creating value for all stakeholders. In South Australia, we own and operate the copper-gold mine at Prominent Hill and the copper-gold mine at Carrapateena. We have a pipeline of earn-in agreements with experienced exploration companies in Australia and internationally. We also have an operating mine and a significant pipeline of development and exploration opportunities in the Carajás and Gurupi provinces in Brazil. Our commitment to safety, capital discipline and our values underpins everything we do. We are a Modern Mining company that adapts to its ever changing environment, harnessing the innovative ideas of our people and collaborating to leverage the knowledge of those around us.

PT RMK ENERGY TBK353 +62 21 5822555

PT RMK Energy (RMKE or the Company) established in June 2009. Supported by over 15 years of experience, the Company’s Management has built a solid reputation as a reliable provider of coal logistic services for coal companies across all size in South Sumatra. To date the Company is the largest coal-logistic provider in South Sumatra. Leveraging the infrastructure in place, the Company also undertakes coal-trading business to further increaseVISIONTo be a leading coal logistic providers in South Sumatera and Indonesia.MISSIONThe mission of PT. RMK Energy is as follows:1. Provide Exceptional Services to Its PartnersThe Company that prides itself in its commitment to provide excellent services to its partners, the Company understands the importance of timeliness. Especially in the coal industry, on time delivery is crucial in ensuring the availability of coal in the designated location and at the appointed time.2. Conduct Business in Accordance to Sustainable Business PracticesThe Company understands the importance of sustainable business practices to ensure the longevity of its business. This will lead to dematerialization of resources, which directly translates into numerous cost saving opportunities.3. Continually Engage in Ways for ImprovementsFinding new ways to improve the Company’s activities serve as main drivers of growth and innovation. By leveraging on the key areas where the Company has excelled throughout and improving on the areas that can be developed further, RMK Energy would be able to provide solutions to a lot of logistical challenges that coal miners are facing.

RHI MAGNESITA7,431 +65 6735 6862

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 12,000 employees in 28 main production sites and more than 70 sales offices. RHI Magnesita intends to leverage its leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefitting from more dynamic economic growth prospects.The Group maintains a premium listing on the Official list of the London Stock Exchange (symbol: RHIM) and is a constituent of the FTSE 250 index, with a secondary listing on the Vienna Stock Exchange (Wiener Börse).

ROY HILL2,390 +61 1800 097 167

Roy Hill represents the next generation of integrated iron ore mine, rail and port operations in the Pilbara region of Western Australia.We recognise that our people are the driving force behind our success and are committed to attracting and retaining people who have the right mix of skills, knowledge, leadership and motivation. Our focus isn’t just on mining – or people with mining experience – we’re on the lookout for people whose values and attributes align with ours.Are you ready to join us on the journey?

RSC484 +61 8 9467 1444

RSC was established early in 2008 and now operates a global group of companies with subsidiaries in Africa, Asia, Oceania and Europe. Key offices are located in Australia and New Zealand with supporting offices in Mongolia, Rwanda, Zimbabwe and Turkey.RSC’s international team has a broad range of geological experience, knowledge and expertise. We can run projects from early stage exploration through to development, operations, project close-out and sustainable environmental remediation. RSC’s team comprises geological consultants, project and logistic managers, data management professionals, contract geologists and savvy technical personnel with experience spanning the mining cycle.No matter what the location, scope or complexity, RSC provides practical geological solutions that add genuine value to all our clients’ projects. Our business success stems from understanding our client needs and current market trends; caring for our team by ensuring job satisfaction and professional development; and operating with integrity and transparency at all times. In a volatile market we see these key elements as non-negotiable.

SANDVIK19,083 +65 6477 3700

Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2022 the Group had approximately 40,000 employees and revenues of about 112 billion SEK in about 150 countries within continuing operations.

PT CIPTA KRIDATAMA1,931 +62 21 29976866

Starting as a heavy equipment rental service provider, PT Cipta Kridatama has now grown as one of Indonesia leading mining contractor companies. Supported by ABM Investama Group, a subsidiary of Tiara Marga Trakindo (TMT), PT Cipta Kridatama has successfully built an integrated end-to-end system and practice needed in every mining operation. Our competency ranges from survey and exploration, modeling (topography and geology), drilling and blasting, overburden removal, mine extraction, transportation, supporting facilities construction, storage and processing facility management to mine rehabilitation. Based in Jakarta, our determination to provide the best and comprehensive service has yielded a fruitful result as we have been chosen as a reliable and value added partner by our clients. We emphasize our perseverance through a vision “To be the Leading Indonesian Mining Services Provider”, which is translated into six core values embraced by shareholders, management, and all employees namely integrity, continuous development, excellence, proactive, accountability and team work. Our vision and core values are implemented by applying the highest safety and environmentally friendly standards, commitment to community development and engagement, latest system and devices integrated in each of our operation. The outcome is our performance efficiency and effectiveness as revealed in the economic and non-economic benefits received by our clients.

THE GESIT COMPANIES58 +62 21 3101601

Starting from a private company founded in the 1950’s, Gesit has grown to become a company in the fields of Property, Trading and Services, Manufacturing, and Natural Resources. The name Gesit was taken from Hokkien “geseng” and Mandarin “yi cheng“ which means the perfection of art. When it was translated into Indonesian, Gesit was chosen, which means always resourceful and energetic. This serves as the foundation of the company’s strength.The group operates in a variety of business sectors, consisting of Property, Trading & Services, Manufacturing and Natural Resources. Gesit subsidiaries operate under an independent team of professional managers controlled by various investment holding units which are headquartered in Jakarta.Going through several uncertain economic conditions both locally and internationally, Gesit continued to grow and increased its business over the years. This continuous growth was rooted in our strong vision, mission and values and generated by our capitalization on the vast natural resources of Indonesia that provided tremendeous business opportunities. Gesit adapted in the middle of economic changes and tight competition by being resourceful and quickly identifying new opportunities and innovative ways to overcome difficulties.Our professional management team identifies and mentors talented people to create a sustainable work force. We also invest in research and innovation to ensure that our four business lines are always at the forefront of development. We are mindful of the environment and strive to maintain the balance of nature’s ecosystem. Our passion is to contribute and grow with Indonesia.VisionTo be a Group of Companies that Recognized by Stakeholders as Strategic Partner of First ChoiceMissionEstablish Resourceful Business Entities that Deliver Sustainable Value to Stakeholders

IMERYS7,259 +65 6799 6060

We are a world leader in mineral-based specialties, offering high value-added solutions to many different industries, ranging from process manufacturing to consumer goods.Our value-added solutions are formulated to meet the technical specifications of each customer and contribute to the performance of a multitude of products in three categories:1. Functional additives - added to the mineral formulation of customers’ products.2. Mineral components - essential constituents in the formulation of customers’ products.3. Process enablers - used in customers’ manufacturing processes, but not present in the end product.These serve many industries such as construction materials, mobile energy, steelmaking, agri-food, automotive, and cosmetics.For more information about us and what we do, please visit our website.

OMYA3,624 +65 6450 9191

Omya is a leading global producer of industrial minerals – mainly derived from calcium carbonate, dolomite and perlite – and a worldwide distributor of specialty chemicals.The company provides a wealth of innovative product solutions that contribute to its customers competitiveness and productivity in multiple industries such as Construction, Paper & Board, Polymers, Food and Personal & Home Care. Omya further provides Environmental Solutions targeting the agriculture, water and energy markets. Founded in 1884 in Switzerland, Omya has a global presence extending to more than 160 locations in over 50 countries with 9,000 employees.As a result of cooperation with trading partners worldwide Omya is able to offer not only calcium carbonate fillers & coating pigments, but also chemical raw materials, intermediates & specialty products for virtually any application. Omya has an unwavering commitment to quality and total customer satisfaction through leadership in manufacturing technology, product innovation, application expertise, incomparable service, and an exceptional understanding of our customers needs. We pride ourselves on continuous direct customer communications to understand their changing needs for new product development and logistical support. Omya’s commitment is clear: to deliver each customer a solution appropriate to its area of business. For decades, Omya has been developing and expanding its expertise in all business sectors on this very basis. More than one hundred scientists, engineers and technicians work in applied technology, developing new products and improving established ones, as well as supporting our customers with their help and advice. Omya also sets standards in production and product delivery with its use of the most modern technology, a worldwide network of engineering hubs, quality control laboratories at every site, and a central analytics and microbiology unit, as well as a premier logistics organization. www.omya.com

PT ADARO ENERGY INDONESIA TBK1,473 +62 21 25533000

Adaro Energy Indonesia is a fully integrated coal mining and energy company from exploration through to power. It is Indonesia’s second-largest thermal coal producer, operates the largest single coal mine in Indonesia and is a significant supplier to the global seaborne thermal coal market with production volume of 47.2 million tonnes in 2012. The coal characteristics are sub-bituminous, medium heat value and ultra-low pollutant coal, with total resources of up to 12.3 billion tonnes and total reserves of 1.1 billion tonnes (JORC Compliant 2012). Because of its environmental characteristics, Adaro Indonesia’s coal is trademarked as “Envirocoal” and has proven global acceptance among blue-chip power utilities.Our vision is to be leading the Indonesian mining & energy group. Our missions are to satisfy our customers needs, develop our people, partner with suppliers, support community and national development, maximize shareholder value. At Adaro we have long known that the task of attracting, developing and retaining highly skilled people is central to achieving our objective of creating maximum sustainable value from Indonesian coal.

RIO TINTO31,600 +65 6679 9000

Were finding better ways to provide the materials the world needs. Iron ore for steel. Low carbon aluminium for electric cars and smartphones. Copper for wind turbines, electric cars and the pipes that bring water to our home. Borates that help crops grow and titanium for paint.

STELLA INDUSTRIAL PTY LTD28 +61 8 9419 3788

STELLA Industrial, upon its commencement in 2010, opened its doors with 1 manager, 1 estimator and a handful of painters, laying the foundations of getting our name and a good reputation out to the market. Over time, STELLA has grown to be a trusted and respected service provider of choice to the mining, oil and gas and construction industries, operating with over 120 employees both locally and in FIFO positions.Although a relatively new business, the team are not new market entrants to the industrial services sector. It has an experienced management team who have been operating within the Western Australian and Australian industrial market sectors for over 30 years.The history of our industrial experience comes from being a part of TCC - Total Corrosion Control founding family business. STELLA works within a broad industrial market, specialising in:• Coatings - Industrial, Glass Flake / Vinyl Ester / Wear Linings • Abrasive Blasting - Garnet, Grit and Shot, Fused Alumina, HPW• Insulation - Thermal, Sheet metal fabrication, Cold Insulation • Specialised Linings - Fireproofing, Metal Spray, Rubber Lining, Vinyl Ester • Working At Heights - Scaffolding, Rope Access, Access Inspections, Corrosion Asset Inspection• Asset ManagementWe are bringing back to industry a commitment to customer service and a culture of value adding to our client’s business operations and projects through our collective industry experience. We are focused on creating a safe and sustainable environment for our employees and the planet alike with an emphasis on safety and preservation.Based on our industry experience and market success, STELLA Industrial has a strong network of being able to recruit key personnel to assist in delivering quantitative results for our clients with an open and transparent work method and a devoted work ethic.

MAJOR DRILLING1,454 +63 2 8889 2312

Major is a specialized drilling company that delivers on even the toughest sites through our knowledge, extensive experience, focus on safety, and commitment to meeting the local needs of every customer. With the best people on the ground and a modern, diversified drilling fleet, we partner with our customers and local communities for outstanding results.Quality Major focuses on continual improvement in safety, equipment, a variety of drilling services, training, customer service, relationships, etc. This commitment drives the long and successful relationships Major has developed. This quality is at the core of Majors business.SafetyMajor Drilling promotes a proactive approach to the health and safety of all employees throughout the Company.Our safety system has been developed to meet or exceed all applicable government and client standards. Our crews are well trained, dedicated employees who know safety excellence occurs when every employee understands their right and responsibility to work safely every day.ResultsThrough innovation, solid hard work, sheer determination and empowerment of our local people, Major is tenacious in overcoming the obstacles it encounters on the ground. That resolve is a key element of our corporate culture.

Top SME Companies in Indonesia

Key Statistics from 2022

SMEs are the backbone of Indonesia's economy, accounting for approximately 60% of the country's GDP and employing over 97% of the workforce. In 2022, Indonesia's GDP is projected to reach USD 1.22 trillion, representing a growth rate of 5.1%.

Factors Contributing to Growth and Success

The success of Indonesia's SME industry is attributed to several factors, including a large and growing population, a favorable regulatory environment, and the government's initiatives aimed at promoting entrepreneurship and innovation.

The Indonesian government has launched several initiatives to support SMEs, including the provision of financing through state-owned banks and the establishment of business incubators and accelerators. The government has also streamlined regulations to make it easier for SMEs to start and operate businesses.

Industry Growth and Comparison to Previous Years

The SME industry in Indonesia has experienced significant growth in recent years, with the sector's value increasing by 6.3% in 2021. This growth is expected to continue in 2022 and beyond, with the industry projected to grow at a CAGR of 7.4% between 2022 and 2027.

Compared to previous years, the SME industry in Indonesia has undergone a transformation, with a shift towards the use of advanced technologies such as artificial intelligence, automation, and digitalization. This has resulted in increased efficiency, reduced costs, and improved competitiveness, making the industry more attractive to investors.

Key Trends in Indonesia's SME Industry

Digitalization: One of the key trends in Indonesia's SME industry is the adoption of digitalization. This trend is driven by the increasing use of smartphones and the internet, which have made it easier for SMEs to reach customers and conduct business online.

E-commerce: Another key trend in the SME industry in Indonesia is the growing use of e-commerce platforms to sell products and services. E-commerce platforms like Tokopedia and Bukalapak have become popular among SMEs, offering a cost-effective way to reach customers and expand their businesses.

Challenges

Despite the growth and success of Indonesia's SME industry, there are several challenges that the sector must address to sustain its growth trajectory. These challenges include:

Access to Finance: Access to finance is one of the key challenges facing SMEs in Indonesia. Many SMEs struggle to access financing due to high collateral requirements and limited credit history.

Skills Shortages: Another challenge facing the SME industry in Indonesia is the shortage of skilled workers. This is particularly challenging for SMEs operating in industries that require specialized skills and knowledge.

Future Outlook

The future outlook for Indonesia's SME sector remains positive, with ample opportunities for growth and investment. The industry is expected to continue contributing to the country's development and to play a critical role in shaping the future of Indonesia's economy.

Looking ahead, addressing the challenges of access to finance and skills shortages will be critical to ensuring the industry's sustainability and competitiveness in the long term. Moreover, leveraging digitalization and e-commerce platforms and investing in advanced technologies will enable SMEs to enhance their efficiency, reduce costs, and expand their businesses.

Conclusion

In conclusion, SMEs are a critical component of Indonesia's economy, contributing significantly to the country's GDP and employment figures. The industry's success is attributed to a large and growing population, a favorable regulatory environment, and the government's initiatives aimed at promoting entrepreneurship and innovation.

However, the industry is facing several challenges that need to be addressed to sustain its growth trajectory. The challenges of access to finance and skills shortages must be addressed to ensure the industry's sustainability and competitiveness in the long term. Moreover, leveraging digitalization and e-commerce platforms and investing in advanced technologies will enable SMEs to enhance their efficiency, reduce costs, and expand their businesses.

The Indonesian government's initiatives to support SMEs are commendable, and they have contributed significantly to the industry's growth and success. However, the government must continue to provide support to ensure SMEs' sustained growth and competitiveness in the long term.

undefined's picture
By Melissa Goh
Published on 13 May 2023