AKFA Group is an industrial holding company specializing in the production of plastic and aluminum profiles, windows, heating systems, and construction materials. It is one of the largest private companies in Uzbekistan, with its headquarters in Tashkent. The company was founded by Jakhongir Artikkhodjaev, who was appointed mayor of Tashkent in 2018.[1][2][3]
History edit
The company was founded in the early 2000s.[4]
In 2006, AKFA launched its own line for the production of aluminum profiles. In 2011, AKFA Group launched its first plant in Central Asia for the production of aluminum and bimetallic sectional radiators. In 2012, the UAE-based Emirates Extrusion Factory (EEF) acquired an extrusion aluminum profile plant from AKFA Group, located in the Jebel Ali Free Economic Zone.[5]
In 2015, Green Line Profil LLC was established, and a plant for the production of aluminum profiles by extrusion method BENKAM was launched in the Navoiy Free Economic Zone.[6] The total investment volume was over $39 million, and the production capacity of the new plant was 36,000 tons per year.[7][8] In 2019, the plant was visited by the President of Uzbekistan, Shavkat Mirziyoyev.[9]
In 2019, the company began production of metal welded meshes and granite products. In January of the same year, the mayor of Tashkent, Artykhodjaev, announced that he had stepped down from AKFA management.[10][3] Abror Ganiev was appointed a new chairman of the board of directors of AKFA Group of companies.[11]
In 2020, the new CEO of AKFA Group, Kamran Gulamov, announced the company's IPO. In 2021, as part of preparations for the initial public offering in the Netherlands, AKFA International Corp. B.V. was registered.[12]
In 2021, it became known that AKFA Group is the producer of exterior details for Uzbekistan's tallest skyscraper, Nest One.[13]
Akfa Group collaborates with German conglomerate Xella to produce autoclaved aerated concrete under the Ytong brand at its manufacturing facilities.[14][15]
Charitable work edit
In 2021, the company opened Uzbekistan's first privately constructed shelter for homeless dogs.[16][17][18]
In 2022, the company spent over 80 billion UZS to support low-income residents, fund children's medical operations, sponsor sports, etc.; the company also partners with the Ishonch Foundation to aid children with cancer.[19][20]
References edit
- ^ "Uzbekistan Window of Opportunity". bcg.com. 6 June 2019. Archived from the original on 2021-04-14. Retrieved 2024-04-18.
- ^ "Uzbek Akfa Group buys 50% stake in fast food chain FeedUp". newslineuz.com. Retrieved 2024-04-18.
- ^ a b "Бош вазир Ортиқхўжаевга тегишли Akfa, Artel ва Crafers ширкатлари ҳақида гапирди (видео) | Qalampir.uz". qalampir.uz. 2020-01-13. Archived from the original on 2022-09-21. Retrieved 2024-04-18.
- ^ "Цена провала: Джахонгир Артыкходжаев о выходе из бизнеса, ошибках, выводах и личном". Spot – Деловые новости Узбекистана (in Russian). 2019-09-13. Retrieved 2024-04-18.
- ^ "EEF takes over aluminium firm in Dubai". Khaleej Times. Retrieved 2024-04-18.
- ^ "Benkam. News". benkam.eu. Retrieved 2024-04-18.
- ^ "Electrotechnical industry of the Republic of Uzbekistan" (PDF). invest.gov.uz. Archived from the original (PDF) on 2022-08-15. Retrieved 2024-04-18.
- ^ "AKFA Group сделали третий шаг к статусу мирового лидера по поставке алюминиевого профиля". www.russianrealty.ru. Retrieved 2024-04-18.
- ^ "Шавкат Мирзиёев ознакомился с проектами в свободной экономической зоне "Навои"". xabar.uz. 2019-12-28. Retrieved 2024-04-18.
- ^ "Хоким Ташкента: "Долю в Akfa имею, но управление передал другим"". gazeta.uz. 2019-01-31. Retrieved 2024-04-18.
- ^ "Новое руководство в группе компаний AKFA". xs.uz. 2019-03-20. Archived from the original on 2019-03-27.
- ^ "Akfa International Corp. B.V." drimble.nl. Retrieved 2024-04-18.
- ^ "AKFA Engineering & Management". app.thebig5.ae. Archived from the original on 2022-01-22. Retrieved 2024-04-18.
- ^ "Xella. Our worldwide license partners". global.xella.com. Retrieved 2024-04-18.
- ^ "Строительство и промышленность строительных материалов". TAdviser.ru. Retrieved 2024-04-18.
- ^ Loginova, Julia (2021-08-04). "AKFA Group построили в Узбекистане приют для 1000 собак". Филантроп (in Russian). Retrieved 2024-04-18.
- ^ "AKFA представила проект приюта для бездомных животных". Газета.uz (in Russian). 2020-12-09. Retrieved 2024-04-18.
- ^ "AKFA Group построили в Узбекистане дом для 1000 собак". asninfo.ru (in Russian). Retrieved 2024-04-18.
- ^ ""За 3,5 года не злоупотребил ни сумом". Хоким Ташкента — о спонсорстве, Akfa и Artel". Газета.uz (in Russian). 2022-02-16. Retrieved 2024-04-18.
- ^ "День борьбы с детскими онкозаболеваниями". Республиканский Специализированный Научно-Практический Медицинский Центр Онкологии и Радиологии. 2021-02-17. Retrieved 2024-04-18.