Tashkent, Uzbekistan (UzDaily.com) -- AKFA Group plans to enter the international stock market. This was announced by the general director of the company Kamran Gulamov.

“Today I am proud to announce that one of our global goals is to go public. We begin this journey and are committed to placing the company’s shares on the open market. However, not everyone knows about the amount of work behind this process of the company’s transition from private to public,” Kamran Gulamov said.

He noted that in order to enter the IPO, AKFA Group signed contracts with the largest international specialists of the segment - PricewaterhouseCoopers and SAP.

Kamran Gulamov stressed that in order to implement the plans, the holding has to do a lot of work.

In particular, the company plans to carry out digital transformation and optimize all business processes for making decisions based on data, as well as introduce the concept of corporate governance based on the principles of transparency, accountability and security.

“This approach implies not only the installation of modern equipment or software, but also fundamental changes in approaches to corporate culture, external communications. And this is reflected in literally everything: the emergence of new positions, such as CDO (Chief Digital Officer), new specialists, for example, data scientist, process automation. As a result, time is freed up for new tasks for a number of the company’s employees,” the head of the AKFA Group stressed.

He noted that as a result, the productivity of each employee and the level of customer satisfaction are increased, and the company gains a reputation for being progressive and modern.

AKFA Group has made an important decision on the way of business development and entering the international stock market. On 8 December a ceremony of signing a cooperation contract between AKFA Group, SAP Uzbekistan and PricewaterhouseCoopers took place in Tashkent.

In his opinion, the implementation of SAP makes it possible to link all business processes, provide operational information and secure integration of the entire business into the digital space.