FALGA is an Indonesian-incorporated Investment Holding Company that strives to continuously build viable large-scale businesses that deliver sustainable performance
To be a world-class Business Builder that originates and empowers viable, large-scale enterprises that deliver sustainable performance.
To drive strategic agility and operational excellence to withstand market dynamics and business turbulence
To enhance talent capabilities and synergies through healthy and sustainable workforce ecosystem
To foster integrated sustainability across business and investment workflows
To continue exploration of new business building through appraisals of business viability and sustainability
FALGA GROUP's core values are to be useful. These values have carried our group to thrive for almost 4 decades. Our core values aim to shape agility, resilience and sustainability in our portfolio of businesses to continue to thrive in this disruptive era.
Positive work environment that encourage meaningful relationship, ignite energy & elevate corporate performance
Responsible management that incorporate ethics, morals and sustainability into enterprise-wide design and practices
Pursuant of superior quality in strategy, people, process, resources, technology, products & services
Strategic agility, organizational dynamics and transformative capabilities to adapt with constantly rapid change
Cohesive, collaborative culture in workforce diversity that unite different skills and expertise to deliver optimal performance
Commitment to fulfill corporate obligations and ethical business practices to the broad spectrum of stakeholders
Tommy Hesarid Simamora, B.SC, MBA
Experienced executive & entrepreneur with expertise in Corporate Management, Investments & Private Equity. Prior to leading FALGA Group in 2022, he accumulated investment work experiences in the United States e.g Morgan Stanley & Wells Fargo Securities from 2009-2014. He then joined KPMG Indonesia in 2014 when he moved back to Indonesia. In 2015, He joined Indonesia’s largest asset management firm namely Mandiri Investasi (More than IDR 75T/ $5B in consolidated AUM) as General Partner for Infrastructure & Private Equity funds. He was then involved in the leadership board of investee companies through these funds e.g., Chairman position in the sub-holding firm of PT Jasa Marga (Persero) Tbk., and other State-Owned Enterprises' subsidiaries & private holding companies. He was also a Capital Market instructor in the Indonesian Stock Exchange (BEI) programs for Investment Banking & Management licenses authorized by Financial Services Authority (OJK).
Ronald Edy Simamora, B.SC, M.SC
Ronald Simamora is a seasoned entrepreneur that has been contributing to FALGA Group growth process. After returning from the United States for good in 2008, he took position as FALGA Group's Chief Operating Officer where he was responsible for the planning, organizing, and directing of our company's overall operations. He also started to lead our EPCI division major construction projects such as Oil Tanks, LPG (Spherical Tanks), Jetty, LPG & Fuel Oil Terminal (Farms) and Pipeline Systems in the amount of more than IDR 500 billion ($32 million). He also oversaw the development and implementation of FALGA Group business development starting from our EPCI Businesses to Oil & Gas Retail, Industrial Equipment Rental & Property Businesses. He was also an honorary lecturer in University of Indonesia (Ranked 1st in Indonesia) from 2009-2011 for Human-Computer Interaction and Multimedia Technology subjects.
Ir. Sarimin Simamora
FALGA GROUP was founded in 1986 by Ir. Sarimin Simamora with its initial line of business as an Engineering, Procurement, Construction and Installation (EPCI) Company in Indonesia. With his strong background in engineering, Mr. Simamora started to lead our group to undertake PPP infrastructure projects especially in Oil & Gas projects and mostly as the Main Contractor. He maintained his entrepreneurial edge and sustainability strategy to ensure the long-term survival and growth of FALGA Group for decades. FALGA has since then extensively expanded its group's subsidiaries and affiliates onto 4 business pillars: EPCI Businesses, Oil & Gas Retail, Industrial Equipment Rental and also Property & Hospitality. He left behind a legacy of entrepreneurial vision to continuously build viable businesses that can stand through disruptions and achieve a sustainable future.