The Ukrainian Metal

Uzbekistan: NGMK produces goods worth 93.9 trillion sums in 2024

Navoi Mining and Metallurgical Company (NGMK) produced goods worth 93.9 trillion sums in 2024, representing a 5.3% increase compared to 2023.

The enterprise contributed 57.5 trillion sums in taxes and dividends to Uzbekistan’s state budget.

Under its investment program, NGMK invested $790 million, leading to the creation of 715 new jobs.

Additionally, within the localization program, the company produced goods worth 916 billion sums. Through inter-industry cooperation, NGMK procured goods worth 6.2 trillion sums.

Cost optimization measures resulted in a reduction of production costs by 3.7 trillion sums. (UzDaily)

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