Types and Characteristics of State-Owned Enterprises (BUMN)


Types and Characteristics of State-Owned Enterprises (BUMN)

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State-Owned Enterprises or better known as SOEs must be familiar to our ears. Many people who yearn to be able to work and pursue a career in various companies that are included in SOEs because of various conveniences, especially in terms of career path, which can be obtained if we successfully enter one of the SOEs.

BUMN has become a destination targeted by many job seekers. Nevertheless, not a few of the job seekers who still do not understand the ins and outs of BUMN in a gambling manner. In fact, it is important for everyone to understand the types, characteristics, culture that is built in SOEs so that we can target SOEs in accordance with our dreams.

The definition of BUMN according to Law Number 19 of 2003 is a business entity whose entire or most of its capital is owned by the state through direct participation from the separated state assets.

BUMN can also be a non-profit company that aims to provide goods or services for the community. Since 2001, all SOEs have been coordinated by the Ministry of SOE management, led by a Minister of SOEs. It should be noted that BUMN is an important asset for the Indonesian state, because the income from this business will go into the national treasury and be used to pay state debt, pay administration, and complete when exporting and importing or international cooperation with other countries.

We can imagine when a country does not have a BUMN, then the country will suffer huge losses and the debt will accumulate and the biggest effect is that the country’s economy will not develop.

Types of BUMN

a. Limited Liability Company (Persero)
Company The Company is a company whose capital is in the form of shares and part of the capital belongs to the state. This company was founded with the aim of seeking profit (profit motive). Company status is a legal entity and given freedom of movement to cooperate with the private sector. Almost all state-owned companies are currently in the form of corporations. Examples of state-owned companies include PT. Pos Indonesia, PT. PLN, PT. Telkom, GIA (Garuda Indonesia Airways), PT. Bank Negara Indonesia, PT. Pelni, PT. Aneka Tambang, PT. KAI, and so on.

b. Public Corporation (Perum)
A public company is a state company whose job is to serve the interests of the wider community in the fields of production, distribution, and consumption. Examples of public companies include: Pegadaian Public Corporation, National Public Housing Housing (Perumnas), and the Indonesian Public Transportation Agency (Damri) Public Service Agency.


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