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Krakatau-Steel

Krakatau Steel restructures record $2 billion debt to stave off bankruptcy
Business 5 years ago

Krakatau Steel restructures record $2 billion debt to stave off bankruptcy

State-owned steelmaker Krakatau Steel has received approval from its creditors to restructure its lo...
PT PP eyes Krakatau Steel’s subsidiary to strengthen water supply business
Business 5 years ago

PT PP eyes Krakatau Steel’s subsidiary to strengthen water supply business

PT PP’s interest in acquiring KTI stems from the fact that the drinking water provid...
From oil spill to massive blackout, is Jokowi’s statist strategy in trouble?
Opinion 5 years ago

From oil spill to massive blackout, is Jokowi’s statist strategy in trouble?

It would be disingenuous to conclude that after only four instances of troubles affecting state-owne...
Krakatau Steel needs total overhaul: Kalla
Business 5 years ago

Krakatau Steel needs total overhaul: Kalla

“The technology is too old and is rivaled by China, [which produces steel at] lower prices. So...
Krakatau Steel to list three subsidiaries in major reorganization plan
Business 5 years ago

Krakatau Steel to list three subsidiaries in major reorganization plan

The steelmaker plans to list its subsidiaries within three years.
Krakatau Steel denies it will carry out layoffs
Business 6 years ago

Krakatau Steel denies it will carry out layoffs

The rumor emerged following a report that the company was to carry out restructuring as part of its ...
KPK searches offices of Krakatau Steel directors
National 6 years ago

KPK searches offices of Krakatau Steel directors

Corruption Eradication Commission (KPK) investigators have confiscated several documents related to ...
Krakatau Steel to focus on Cilegon steel cluster development
Business 6 years ago

PREMIUM
Krakatau Steel to focus on Cilegon steel cluster development

Despite huge challenges due to global oversupply, stated-owned steel producer Krakatau Steel and joi...
Bribery scandal rocks ailing state-owned steelmaker Krakatau Steel
National 6 years ago

Bribery scandal rocks ailing state-owned steelmaker Krakatau Steel

A company director and a manager were arrested while allegedly conducting illicit transactions....
Steel import uncontrollable, local producer says
Business 6 years ago

Steel import uncontrollable, local producer says

Steel producer PT Krakatau Steel has said local steel producers were seriously affected by an uncont...
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