Statement by Toshkent Metallurgiya Zavodi

We inform you in connection with the publication in some media about the financial condition of LLC “Toshkent Metallurgiya Zavodi” (Tashkent Metallurgical Plant, TMZ, the Company) and changes in the composition of its shareholders:

– Changes in the composition of the Company’s shareholders do not affect the stability of production and the ability to meet obligations to creditors on time.

– TMZ’s indebtedness is serviced through commercial activities. The state is not liable for the obligations of the Company.

– Attracting credit funds to finance construction and production is a common practice for large enterprises.

– TMZ is scheduled to make a profit beginning in 2026, in accordance with the approved plan.


For reference:

Tashkent Metallurgical Plant, commissioned in 2020, is one of the largest and most modern companies in Uzbekistan.

The plant produces high-quality import-substituting products – cold-rolled galvanized and colour-coated steel.

Customers of TMZ products are construction and metal trading companies in Uzbekistan, CIS countries, Asia and Europe.