About Us

Background

Company Profile

Established on April 19, 1971, PT Voksel Electric Tbk. (“the Company”) is engaged in cable industry. In 1989, the Company changed the status into a foreign capital investment through a joint venture agreement with Showa Electric Wire & Cable Co. Ltd. (“Showa”), a prominent cable company in Japan that has changed its name into SWCC Showa Cable Systems Co. Ltd. since 2006. In line with the rapid development of cable industry and more aggressive strategic growth, the Company held its initial public offering on the Jakarta Stock Exchange (now is the Indonesia Stock Exchange) and Surabaya Stock Exchange on December 20, 1990. With preservation and dedication from all the Company’s management and staff, the Company successfully positioning itself as one of the leading cable manufacturers in Indonesia. The Company’s core businesses include manufacturing of power, telecommunication, and fiber optic cables.

Through its continuous pursuit for quality excellence, the Company was awarded numerous international quality certificates, such as ISO 9001:2015 from SGS Yarsley International Certification Services, Ltd. The Company is highly committed to prevent environmental pollution and enhance the safety and health in the working environment. In line with this commitment, the Company has obtained ISO 14001:2015 and ISO 45001:2018. from SGS Yarsley International Certification Services, Ltd. The Company also obtained SMK3 certificate in 2017. Besides, the Company obtained KEMA Certificate from KEMA Nederland B.V. and TUV certificates. At the beginning of 2016, the Company participated in development and research related to new products that will be launched in the following years. The company is also expanding by adding business lines for high voltage. In 2020, the Company began to expand capacity and production area for this product, and in 2023, a 42.97% stake was taken over by Hengtong Optic-Electric International Co., Ltd.

Background

The Company markets its products both domestically and internationally. For domestic market, majority sales stems from PT Perusahaan Listrik Negara ("PLN') and PT Telekomunikasi Indonesia Tbk ("Telkom'). In addition, the Company also supplies free market cables to contractors and distributors.

For export sales, the Company markets to various countries such as: Singapore, Malaysia, Timor Leste, Philippines, Thailand, Vietnam, Cambodia, Myanmar, Nepal, Bhutan, India, Sri Lanka, Bangladesh, Pakistan, Afganistan, UAE, Yemen, Saudi Arabia, Qatar, Lebanon, Iraq, Jordan, Egypt, Japan, South of Korea, Australia, Panama, Brazil, Kenya, Tanzania, DR of Congo, Rep of Congo, Nigeria, Ethiopia, Mozambique, Uganda, Eritrea, Malta, Mauritius, Cyprus, Seychelles, Liberia, Haiti, Suriname, Palestina, Hong Kong, Taiwan, China, Samoa, Chile, Ecuador, Brunei, Gabon, Ghana, Angola, Ivorycoast, Burundi, Rwanda, Madagascar.

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Background

Company Outline

Establishment logo

Establishment

April 19, 1971

Authorized Capital logo

Authorized Capital

Rp 2 trillion

Paid Up Capital logo

Paid Up Capital

Rp 415,560,259,500

Employee logo

Employee

± 906

OUR HISTORY

A Historical Overview of Voksel Electric

Initiating the production of low voltage electrical cable and wire, in its factory, in Pulo Gadung. 1971
Expansion of facilities to produce enameled wire, and automotive cable. 1975
Acquired 60% of PT Alcarindo Prima’s shares, producer of aluminum wire rods, and 40% of PT Alcas Dharma Pratama’s shares, producer of aluminum casting alloys. 1980
With the support of the subsidiaries, PT Voksel Electric Tbk., expanded into a wider range of products, producing low voltage aluminum XLPE cable, and aluminum conductors. 1983
Marking the start of the commercial production of the telecommunication cable in Cakung Factory. 1987
This year marked an important change in status, from a domestic investment company into a foreign investment and joint venture operation with Showa Electric Wire & Cable Co., Ltd., Japan, which has facilitated the transfer of technology, while readily opening up export markets. This year also marked Voksel’s further business expansion by obtaining 25% of PT. Kawat Mas Prakarsa in Tangerang, producer of electrical cable. 1989
The globalization of markets are placing increased demands on quality, product range, and quantity of supply. Supporting further its expansion program, Voksel’s shares were listed on Jakarta and Surabaya Stock Exchange, and successfully generated the required fund. 1990
The expansion of advance and higher output production facilities in Cileungsi Factory, Bogor. 1991
Commercial production of medium voltage cable in Cileungsi. 1993
PT Voksel Electric Tbk. successfully introduced its second right issues into the Stock Exchange markets. 1994
Through its consistent and in-depth transfer of technology program, PT Voksel Electric Tbk. acquired the ISO 9002 : 1994 award, a recognition extending over its factories and entire product range. 1995
Releasing bonus shares. 1996
Developing new technology by producing Optical Fiber Cable through Technical Cooperation with Showa Electric Wire & Cable Co., Ltd., Japan. 1997
Succeeded to achieve ISO 1991 : 1994. 1999
The Management system of PT Voksel Electric, Tbk. has been assessed and certified as meeting the requirements of ISO 9001 : 2000 from SGS Yarsley International Certification Services, Ltd. 2003
  • Prima Mitra Elektrindo
  • A subsidiary trading company was established with 99% ownership by Voksel.
  • Cakung Factory and Gajah Mada Head Office were consolidated into Cileungsi Factory.
 2004
PT Voksel Electric, Tbk. has decided to discontinue its Enameled Wire division since June 2005, in order to improve the operating profit. 2005
Bangun Prima Semesta - a subsidiary trading and construction company was established with 96 % ownership by Voksel. 2006
Expansion of Fiber optic capacity to 1 million single core km. 2008
The Management system of the Company has been assessed and certificated as meeting the requirement of ISO 14001 and OHSAS 18001. 2010
Open an Al Casting Division and Producing EC Grade and Alloy. 2012
Started developing and manufacturing High Voltage Electric Cables. 2015
  • The Company continues to enrich its manufacturing capability of products by producing OPGW.
  • DBS VICKERS (HONG KONG) Limited A/C Client takes over 30.08% stake in the company
 2016
Stock Split from 500 to 100 shares 2017
The Company produces Submarine Cables 2019
Start of Solar Cable production 2020
42.97% shares taken over by Hengtong Optic-Electric International Co., Ltd 2023
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OUR VISION

VISION

To be a World Class Total Cable Solution Provider in Indonesia
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OUR MISSION

MISSION

To Contribute National Growth and Optimize Corporate Values through Superior Solutions and Sustainable Social Responsibility.
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Empowering Growth Through Quality and Responsibility

We aim to strengthen our position as a leading cable manufacturer by providing more advanced technology premium cables with quality supporting products and installation solution services. In order to develop sustainable growth, healthy profits and competent Voksel employees, our high integrity employees have to contribute and help us build a better community together.

We also perceive the importance of being involved in having Sustainable Social Responsibility to contribute in maintaining economic, financial, social and environmental sustainability in order to contribute to the national growth.

VALUES

The Principles That We Consistently Uphold and Adhere To

We realize that all stakeholders are an important part of the company's progress. We hope to achieve our new vision and mission with the full support and participation of our local community. Together with all our employees who shall practice and uphold CIPARS as our business core values, we hope for all your blessings as we strive for a better future.

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C

Customer Focus

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I

Integrity & Honesty

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P

Passion for
Excellence

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A

Accountability

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R

Respect &
Recognition

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S

Social
Responsibility