A private investor has acquired a controlling stake of 66.03% in the company "Vzrivprom" ("Portlatishsanot") from the government. This information was reported on the Unified Portal of Corporate Information of NAPP.
The buyer is RWS Optimum. For 895,189 common shares of the enterprise, it paid 35.68 billion sums, finalizing the deal at the end of December.
Starting from January 3, the company initiated a buyback procedure for shares from minority shareholders. The shares are being offered for sale at the price paid for the government stake, which is 39,857.82 sums per share.
According to data from the EGRPO, RWS Optimum was established in 2006. The authorized capital amounts to 461.31 billion sums and is 100% owned by the UAE-registered investment company IPC. The head of the company is Makar Yakovlev.
The company is engaged in the production of BF70 type railway sleepers. According to information from the official website, its products are used in the construction of railways in Uzbekistan, Afghanistan, and Turkmenistan.
The joint-stock company "Vzrivprom" ("Portlatishsanot") was established in its current form in 1999. The enterprise is involved in drilling and blasting operations for the construction of roads, railways, hydraulic structures, and mining activities
In 2022, the government stake in "Vzrivprom" was included in the privatization program approved by the president. Starting from November 2024, the company's shares will be allowed for trading on the Tashkent Stock Exchange.
Previously, Spot reported that the deadline for applications for the privatization of the "Yoshlik" sports complex has been extended until February 6.