Uzbekistan to create agriculture machinery holding again
22/01/2014 13:39
Uzbekistan to create agriculture machinery holding again
22/01/2014 13:39
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan is planning to create a holding company of agriculture machinery again.
President of Uzbekistan Islam Karimov gave a corresponding order in line with the decision of the Cabinet of Ministers “On the outcomes of socio-economic development in the country in 2013 and the critical priorities of economic program for 2014”.
The document said the ministries and departments should critically assess in two months current state of production and financial-economic activities of the Tashkent Tractor Plant, the “Agregatniy Zavod” Open Stock Company, the “Chirchikishlokmash” Open Stock Company, the “Oniks” Open Stock Company.
The decision said that they should introduce substantial proposals to the Cabinet of Ministers on their further development path and on bolstering the profits by envisaging measures designed for modernization, technical and technological re-equipment of the sector with the engagement of leading world manufacturers, for the perfection in the organization of activities of enterprises and the establishment of a holding company in the agricultural machine building.
Uzbekistan had a holding company Uzselhozmash-holding, which united enterprises of agriculture machinery in Uzbekistan. The shareholders decided to close the enterprise in January 2008.
The liquidation of the enterprises envisaged in the resolution of the President of Uzbekistan and conducted within reorganization of ineffective economic structures. Uzselhozmash-holding united 13 enterprises and associated members of the industry.
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