Company at a Glance
The Company’s long history is a proof of its resilience and ability in adapting to any changes and developments in the industry
RAJA at a Glance
PT Rukun Raharja Tbk, widely known today as an integrated upstream to a downstream energy provider, was established on December 24, 1993. The Company's journey first began in the real estate business. As the business grew, Rukun Raharja then transformed into a Public Company on January 22, 2003 through official listing at the Surabaya Stock Exchange (now the Indonesia Stock Exchange) under RAJA stock code. Since the official listing, the Company has actively carried out a number of participated in Limited Public Offerings as part of the efforts to strengthen its capital structure. In 2004, the Company expanded its business into providing logistics and port management services in North Sulawesi.
In 2010, the Company shifted its business to become an integrated upstream-to-downstream energy provider, which focuses on four main business pillars, namely Gas Infrastructure, Gas Trading, Power Plant, and Upstream Energy Business. Since then, the Company has continued to strengthen its presence in the energy sector, including through acquisitions of businesses that are related to the four business pillars as well as through the development and construction of projects in similar industries or their sub-industries.
Rukun Raharja continues to uphold its commitment to maintaining synergy in ensuring sustainable energy supply, covering gas trading, gas transportation, and gas facilities management and maintenance business activities. The Company believes that providing integrated clean energy services will eventually help to secure business growth in the future.
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Rukun Raharja focuses on developing and operating an international-standard integrated gas infrastructure in the effort to ensure the development, equal distribution and maintenance of reliable gas facilities and infrastructure at the national level.
With decades of experience in the energy sector, Rukun Raharja is well-recognized as the first and largest private gas trading company in the nation. Therefore, Rukun Raharja will continue to strengthen its competence in the energy supply industry, especially in the natural gas industry.
Rukun Raharja continues to participate in the development of new and renewable energy (NRE) power plant facilities to support the Government’s 2025 national energy mix target.
The development of Cepu Block, which now contributes 30 percent to the national oil production, has been one of the focuses of Rukun Raharja’s business. Through the acquisition of DSME ENR Cepu in 2018, the Company established PT Raharja Energi Cepu; hence, owning a participating interest in the most promising gas exploration