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Economy
06/06/2013
Rus Invest Textile Group acquires KAP-TEKS
Rus Invest Textile Group acquires KAP-TEKS
Tashkent, Uzbekistan (UzDaily.com) --
Open joint stock commercial bank “Kapitalbank” sold its share in KAP-TEKS LLC, which is located in Uychi district of Namangan region.
The Uzbek bank said that Rus Invest Textile Group LLC (Jizzakh region of Uzbekistan) acquired 100% stake of Kapitalbank in KAP-TEKS. The sum of the deal is 36 billion soums.
KAP-TEKS LLC specializes in production of cotton yarn production. The enterprise can clean and prepare cotton-fibre for processing and production of yarn.
The enterprise has capacity to produce over 10,080 tonnes of cotton yarn.
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