Uzbekistan has carried out wide-ranging reforms to increase the share of the private sector and reducing state involvement in the economy. In particular, the Decree of the President of the Republic of Uzbekistan from 28.04.2015 years №2340 «On measures to increase the share of private ownership and the value of the economy» provides for implementation of strategic foreign investors the government's stake in 68 joint stock companies. One of these is a joint-stock company "Farg'onaazot", in which envisaged the implementation of 48.05% stake in the authorized capital.
JSC "Farg'onaazot" specializes in the production of fertilizers and defoliants.
The Company is located in a beautiful part of central Asia, namely in the picturesque town of Fergana, Fergana Valley.
JSC "Farg'onaazot" occupies an important place in the economy of the country and its products are in demand in the market.
The history of formation of JSC "Farg'onaazot" begins in 1962 - the year of operating. In September 1962, in Ferghana was first obtained granulated ammonium nitrate. This fertilizer has provided a sharp rise in the volume of agricultural production in the valley. The first stage of ammonia production was put into operation in 1964, the second phase in 1968. In 1982, commissioned large-capacity ammonia unit. In 1985 he began to be produced urea. In 2005 the company was reorganized into an open joint-stock company in 2014 into a corporation. In 2006, to improve the quality and competitiveness of products, to ensure its attractiveness for export JSC "Farg'onaazot" has implemented a quality management system.
In the manufacturing process of JSC "Farg'onaazot" used equipment, installation, production line in Japan, the Netherlands, France, Italy, Russia and the Czech Republic. The production capacity of the company for the production of ammonia is 400 thousand tons / year, of nitric acid 360 thousand tons / year, 450 thousand tons of ammonium nitrate / year, urea 330 thousand tons / year, sodium chlorate 6.5 thousand tons / year , magnesium chlorate defoliant 30 thousand tons / year, cellulose diacetate 15 thousand tons / year, cellulose triacetate 27 thousand tons / year, the acetate yarn 6.6 thousand tons / year. Currently, the company carried out work on technical re-equipment and modernization of production.
The company produced various types of fertilizers, defoliants and consumer goods.
At the same time, at the JSC "Farg'onaazot" it is possible to increase the production of its products.
Produced by JSC "Farg'onaazot" products meet national standard, there are certificates of conformity and hygiene certificates.
Exports accounted for 65% of products sold, the rest being implemented in the regions.
The geography of export of products of Southeast Asia, UAE and CIS countries.
From year to year the volume of production of JSC "Farg'onaazot" growing, from 2010 to 2014 the volume of production grew by 1.2 times. In 2015, the expectation of JSC "Farg'onaazot" total revenue of $ 79.9 billion soums, net profit of 1.1 billion soums.
In the Republic of Uzbekistan for foreign investors provided many tax privileges and preferences. On investment will be bring revenues and will serve as a contribution to modernization and development of JSC "Farg'onaazot".
As you have any questions, please contact The State Committee of the Republic of Uzbekistan for privatization, demonopolization and development of competition in the Republic of Uzbekistan by phone (371) 2592023, 2592138, the website : www.gki.uz or the web site of JSC "Farg'onaazot" www.azot.uz, e-mail: email@example.com, phone (373) 2425995, 2410402.