Tashkent, Uzbekistan (UzDaily.com) — Seven international and local investors have expressed interest in acquiring the state-owned stake in the charter capital of Avtooyna LLC, according to Uzbekistan’s Agency for State Assets Management.

The agency revealed that Portfolio Investments, acting as the privatization consultant, received applications from seven investors interested in acquiring a stake in the company. All applicants have been granted the right to participate in the next stage of the privatization process.

Upon signing Non-Disclosure Agreements (NDAs), participants will gain access to a Virtual Data Room (VDR), where they can review detailed information about the financial, legal, and operational status of the assets, including an analytical report prepared by the consultant. This will allow them to prepare binding offers (BOs).

Binding offers for the acquisition of assets will be accepted until 11:59 PM (Tashkent time) on 15 March 2025.

By this deadline, applicants must deposit at least 1% of their proposed offer value as a guarantee payment through their personal accounts on the "E-auksion" electronic trading platform. This deposit will be refunded to participants upon the process's conclusion. However, for the winning bidder, the payment will be counted as part of the purchase price and directed to the Privatization Fund.

Avtooyna specializes in manufacturing over 150 types of automotive glass of various sizes, with an annual production capacity of more than 420,000 units. The company utilizes technologies from international brands such as Bystronic Glass (Switzerland), Cugher, Ctriulzi, Mario Argiro, Kera Glass (Italy), Glassrobots, Pilkington (Finland), and Vetrotool (Spain).