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AUGA receives 2% shares of NGMK

AUGA receives 2% shares of NGMK
AUGA receives 2% shares of NGMK

Tashkent, Uzbekistan (UzDaily.uz) -- The State Asset Management Agency (AUGA) of Uzbekistan received a 2% stake in the Navoi Mining and Metallurgical Combine (NGMK).

Until 1 March 2023, the shares of NGMK were owned by the Ministry of Economy and Finance of Uzbekistan. Later, the Agency for Strategic Reforms became a shareholder in the state stake in NGMK. At the same time, UzAssets managed the plant.

In August 2023, 98% of NGMK shares were transferred to the Ministry of Economy and Finance, and 2% to AUGA.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.