Auto Fortis Plant in Andijan was privatized

Uzbekistan 22:40, 16-11-2025

Auto Fortis factory in Andijan privatized

The Auto Fortis factory in Andijan city, specialized in manufacturing automobile steering wheels, has been privatized. This was reported by Zamin.uz.

The enterprise was sold to the Uz-Hanwoo company through an e-auction. According to the auction results, the factory was valued at 43.1 billion soms.

Uz-Hanwoo company won the auction with a bid 27.4 percent higher than the starting price. According to the privatization conditions, the new owners are required to maintain the factory's current line of business for at least ten years.

This factory was established in 2010 and specializes in producing important spare parts for the automobile industry. From now on, the enterprise will become part of the Uz-Hanwoo company.

Uz-Hanwoo company has been operating in the region previously and plans to further expand its production capabilities through this deal. This, in turn, will create new opportunities for the local automobile industry.

Auto Fortis Andijan Zamin Uz-Hanwoo Automobile

Nodirbek Razzokov

Muxbir

Similar news

February 26: Different weather expected in regions

On February 26, varying weather conditions are expected across Uzbekistan. This was reported by Zamin.uz. In some places, rain and strong winds may occur. In other regions, warm and sunny weather

Uzbekistan Today, 20:36

Today’s flight schedule — February 25

Today, the flight schedule features 35 departures and an equal number of arrivals. The earliest departure is at 06:40, while the last flight leaves at 23:05. Arrivals begin shortly after midnight at

Uzbekistan Today, 00:10

February 25: The weather in Uzbekistan will be variable

According to the information provided by the Central Hydrometeorological Service of the Republic of Uzbekistan for February 25, variable weather is expected across the country. This was reported by

Uzbekistan Yesterday, 20:22

At the president's meeting, a 4th-grade student was gifted a car

On February 24, during a meeting led by President Shavkat Mirziyoyev, an unexpected but pleasant event took place. This was reported by Zamin.uz. A 4th-grade student attending the meeting, Otamurod

Uzbekistan Yesterday, 19:52

February 25: The weather in Uzbekistan will be variable

On February 25, variable weather is expected in Uzbekistan. This was reported by Zamin.uz. According to O‘zgidromet, rain may fall in some areas, while precipitation in some places may turn into

Uzbekistan Yesterday, 19:18

“Ko‘mak” program: new opportunities in remote areas

Currently, the “Ko‘mak” program is creating new opportunities for young people in remote and distant areas. This was reported by Zamin.uz. It is reported that within the framework of the program,

Uzbekistan Yesterday, 18:34