Indonesia’s Textile Giant Sritex Receives Support from Minister to Avoid Shutdown
04/01/2025 06:54
Sritex’s President Director, Iwan Kurniawan Lukminto, spoke out on December 20, 2024, explaining that the management respects the Supreme Court’s ruling. However, they have decided to pursue further legal action in an effort to secure the future of the company and protect the jobs of its 50,000 employees.
“This legal step is not only for the benefit of the company but also for the aspirations of the entire Sritex family,” said Iwan. He also emphasized that during the legal proceedings, the company has been working hard to avoid layoffs, adhering to the government’s advice to preserve employment levels as much as possible. (Uki Ruknuddin)
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