Ankhor Invest has become the majority shareholder of the Tashkent Metallurgical Plant (TMP). This information is confirmed by the Competition Development and Consumer Protection Committee, which grants preliminary approval for mergers, acquisitions and share transactions. According to TMP’s official website, as of May 24, 2024 Ankhor Invest owned 50.1% of the plant’s shares, while the…
The Supreme Court of Uzbekistan has excluded two Cyprus offshore companies – Metalloinvest Holding (Cyprus) Limited (41.87%) and Miramonte Investments Limited (8.23%) – from the list of the Tashkent Iron and Steel Works founders. Both of them belong to the Russian oligarch Alisher Usmanov and had a controlling stake between them. The Fund of Reconstruction…
Uzbekistan’s Tashkent Metallurgical Plant has supplied 20 tons of galvanized and polymer rolled products to Azerbaijan, head of the sales department of the metallurgical plant Rinat Gabitov has said. Gabitov added that the plant exported the products to the Azerbaijani market and Azerbaijan was expected to get the products soon. “We continue to hold the…
Toshkent Metallurgiya Zavodi (TMZ) and the Russian MetProm have signed an agreement with the Italian Danieli to supply a range of machinery to the Tashkent Iron and Steel Works, which is under construction. The works will receive a cold-rolling mill with the capacity of 500 thousand tons per year and the dip-galvanizing line and coating…