Jakarta, July 24, 2024 – Agung Concern Group Chairman Bakti H.M. Bukti Panjaitan stated that, in its 70th year, the company founded by the late Samuel Panjaitan continues to grow and strengthen.

“With commitment and dedication to facing multifaceted challenges, the company has now grown strong and mature across four business pillars: automotive, logistics, services, investment, innovation, and information technology,” Bukti said in his remarks at the 70th anniversary celebration of Agung Concern Group on Wednesday evening (July 24, 2024).

A press release stated that the 70th anniversary celebration of Agung Concern Group was held with a gala dinner at the Raffles Hotel, Jakarta. The event, themed “Sparking Innovation, Empowering the Future,” marked Agung Concern Group’s 70th anniversary.

Present at the event were the 10th and 12th Vice Presidents of the Republic of Indonesia, Jusuf Kalla; Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan; Mahatma CEO Ilham Panjaitan; a number of other state officials, and Agung Concern business associates.

“Thank you for your presence, ladies and gentlemen, and invited guests. Let us celebrate this achievement by enjoying the special banquet and offerings we have prepared from Agung Concern, for our shared future,” said Bukti.

In his remarks, Luhut Pandjaitan described his introduction to the late Agung Concern Group founder, Samuel Panjaitan, whom he called “Old Man,” and his friendship with their children. “I learned a lot from Old Man, especially about his discipline,” Luhut said.

He stated that it is not easy for a family-owned company, and one made up of Indonesians, to survive for decades. He hopes the company, which employs 5,000 people throughout Indonesia, can continue to thrive in the future.

The press release stated that Agung Concern is a family-owned company that initially operated a showroom and workshop in Surabaya, East Java. The business then expanded into importing motor vehicles, including Toyota. The company then opened a branch in Jakarta, importing spare parts and rebuilt vehicles.

With the development of the automotive industry in Indonesia and its experience selling Toyota vehicles, Agung Concern was entrusted to become a main Toyota dealer. Agung Toyota has been one of five founding Toyota dealers since 1972, alongside Auto 2000, Kalla Group, Hasjrat Abadi, and Nasmoco Group. Agung Toyota now dominates the automotive market in Riau, Jambi, Bengkulu, the Riau Islands, and Bali.

Currently, the Agung Concern Group has expanded into various business lines, ranging from land and sea transportation, logistics, warehousing, property, and information technology. This family-owned company, founded by the late Samuel Panjaitan and Ostina Emanuel, has successfully grown under the leadership of the second generation, which now includes the third generation.

Source: Republika