The Causes of Indofarma’s Financial Crisis

Indofarma is facing a financial crisis. It was caused not only by strategic errors, but also by unlawful practices during the Covid-19 pandemic.

Tempo

October 16, 2023

THE problems at Indofarma are the result of complications caused by poor business strategy and shoddy management. Therefore, if it is to be saved, it is not enough to simply undertake a financial and capital restructuring. A comprehensive overhaul of the management of the organization and its human resources is needed.

Indofarma has just announced it has reached agreement with its two business partners, which filed a lawsuit at the Central Jakar

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