Encouraging Regional Economic Growth through UTGROWTH, United Tractors Holds Training for MSMEs in Batu City

Basic administration training for MSMEs in Tulungrejo Village, Batu City.

Batu, February 3rd, 2023 – PT United Tractors Tbk (UT) strengthens the Company’s commitment to boost the regional economy. Included in the implementation of ESG (Environmental, Social, and Governance), this commitment provided training to MSMEs in Indonesia. One of the training was basic administration training to MSMEs in Tulungrejo Village, Batu City, last Friday (03/02). This initiative falls under UTGROWTH (United Tractors for Generating Opportunities and Wealth), UT’s CSR program in the economic field.

“MSME fostering program is a part of UT’s initiative in implementing sustainability principles aligned with the Company’s goals to add value for stakeholders and the community in Indonesia. This program is a concrete manifestation of UT’s contribution and as well as a form of the Company’s responsibility to the community in the hope of increasing their potential and economic value,” said UT’s CSR Manager, Himawan Sutanto.

According to UT, one of the challenges for MSMEs in managing their business lies in the administrative aspect. Therefore, this training aims to improve the basic skills of MSMEs members in developing and preparing business administration, so that the financial reports of MSMEs can be managed properly while serving as a foundation for future business analysis to increase business revenue. In addition, UT also accommodates hands-on practice in managing business administration for MSME players. So that the participants can improve their skills directly with the experts’ help.

UT cooperates with one of industry players who has successfully run their business in Malang, Dzulfikar Abdullah S.P., M.P. the owner of Sate Hotplate Malang, who delivered a number of training materials ranging from basic financial report administration to calculating the value of the Cost of Goods Sold  (COGS).

Local entrepreneurs engagement is one of UT’s various efforts to synergize all stakeholders in creating added value for MSMEs in the long term. In addition, UT also opens opportunities to foster local MSMEs by providing access to financing, training, and mentoring until MSMEs can become independent.

Through UT’s MSME fostering program, the Company hopes that their presence can help optimize the benefits of financial products and services, increase literacy, and financial inclusion for society and MSMEs in Indonesia.

UT’s consistent commitment to the MSMEs fostering program is a strategic step for the Company’s sustainability. In UT’s 10 Sustainability Aspirations, the Company has targeted an increase for local economy, as well as nationalwide. UT believes the positive contributions that has been made and to be made will help create prosperity for the community around the Company’s operational areas.

United Tractors’ Overview

PT United Tractors Tbk (UT) which is known as the largest heavy equipment distributor in Indonesia has been established since 1972. Currently, UT has grown and has six business pillars, namely Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry, and Energy. As its contributions to the achievement of Sustainable Development targets (SDGs). UT consistently carries out activities to uphold sustainability.

ESG United Tractors

As a world-class heavy equipment, mining and energy company with more than 50 years of experience in Indonesia, UT is committed to presenting a sustainable future for Indonesia through the effective application of ESG principles by paying attention to the environment, having a good impact on society, and upholding good corporate governance. good corporate governance at all levels of its business operations, as well as optimizing its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.