Thursday, 27, June, 2019

President Mirziyoyev signed the Additional Measures for Timely Delivery of Agricultural Sector with Agricultural Machinery Decree, which inter alia, stipulated the sale of large state-owned agricultural machinery manufacturing plants.

The list of companies, owned by Uzagrotexsanoatkholding (transl. Uz Agro Tech Industry Holding), with the condition that the company’s core activities will be maintained.

Most of them are nearly fully owned by the state. In particular, the following plants are for sale:

- 99.2% of Agregat Zavodi JSC;

- 98,8% of Texnolog JSC;

- 91.7% of Chirchik Agricultural Machinery Plant JSC.

The Uzagrotexsanoat’s share in Urgenchkormash JSC is 26%, which is up for sale.

In addition, 100% of Agrosanoatmashinvest LLC, 100% in Agrotechmash-DD LLC, 76% in Agromash Industrial Investment LLC and 50% in Castle In Mountain LLC are also up for grabs.

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