TASHKENT, Uzbekistan, April 3. Uzbekistan's State Assets Management Agency (SAMA) has received a two percent stake in Navoi Mining and Metallurgical Company (NMMC), Trend reports.
According to NMMC's interim financial report for the first half of 2023, the state ownership of the company changed in August 2023.
Until March 1, 2023, the Ministry of Economy and Finance was the shareholder of NMMC, and then the function of the shareholder of the state stake in the combine was transferred to the Agency for Strategic Reforms. The management was transferred to the UzAssets company.
Meanwhile, SAMA has sold the state stake in the Alpomish Tegirmon third grain enterprise since the beginning of 2024.
According to SAMA, the buyer of the enterprise, which belonged to Surxondaryodonmahsulotlari JSC, was Al Don Progress, which offered 40 billion soums ($2.9 million) for the state asset.
The new owner is obliged to maintain the current profile of the enterprise for five years and not reduce the existing volume of grain storage. He will also have to maintain the volume of grain in the state reserve at the prices set in the legislation.
