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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of September 15, 2017 No. PP-3277

About measures for enhancement of management system of JSC Uzmetkombinat

(as amended on 03-06-2024)

Note that in recent years the developed growth rates of production of hire of ferrous metals of JSC Uzmetkombinat do not satisfy the growing amounts of need of industries of economy for steel products, the level of system effectiveness of collection of scrap and waste of ferrous metals and its stimulation does not meet the modern requirements.

The corporate management system of JSC Uzmetkombinat, including by implementation of international standards of management of production, external economic and investment processes requires radical review and enhancement according to modern requirements.

For the purpose of further enhancement of management system of JSC Uzmetkombinat, increase in effective management of production and ensuring implementation of modern corporate management methods:

1. Take into consideration that according to the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of July 20, 2017 "About measures for increase in management efficiency of JSC Uzmetkombinat" as the trustee the state share in the authorized capital of JSC Uzmetkombinat the SP SFI Management Group LLC company is attracted with No. 533 (further - the trustee).

2. Consider the main objectives and activities of JSC Uzmetkombinat (further - society):

the first, realization of the single deeply thought over technical policy on upgrade and diversification of production, implementation of modern energy-saving technologies and the equipment, and also expansion of source of raw materials of society;

the second, implementation of the structural transformations in management system society aimed at providing high growth rates of production, growth in volumes of export of products with high value added including due to development of the new markets, carrying out on system basis of purposeful work on decrease in product cost;

third, carrying out the active investment policy providing implementation of large investment projects on expansion of source of raw materials, construction and input of new high technology productions including due to attraction of direct foreign investments, with increase in efficiency and transparency of mining processes of the design estimates, and also the organization of their further realization by implementation of modern methods of project management;

the fourth, expansion of localization of production of metallurgical products, components and materials for the purpose of optimization in general structures and reducings import volumes of goods and services;

the fifth, the organization of advanced training of technical and managerial personnel, their retrainings by strengthening of cooperation with the highest and average special, professional educational and scientific institutions;

the sixth, strengthening of personnel capacity of society by carrying out target work on involvement of the motivated in achievement of high level of professionalism, gifted, fair and patriotically adjusted young specialists capable to ensure effective functioning of society in the conditions of fierce competition.

3. Agree with offers of governing bodies of JSC Uzmetkombinat, the trustee, khokimiyat of the Tashkent region and the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition about:

creation in structure of society of division - Managements Ikkilamchikorametallar based on capacities Ikkilamchikorametallar Unitary Enterprise with reorganization of regional limited liability companies in branches of JSC Uzmetkombinat in accordance with the established procedure;

to transfer in accordance with the established procedure to the authorized capital of JSC Uzmetkombinat of property complex in the form of the state company "Plant of Public Catering" on account of increase in share of the state, with the subsequent transfer to trust management of the created share to the trustee.

4. Ceased to be valid

5. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 03.06.2024 No. UP-85

6. Ceased to be valid

7. To the Ministry of Internal Affairs of the Republic of Uzbekistan together with Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas, cities and areas to strengthen the taken measures for suppression of functioning of illegal collection points for the equipment, scrap and waste of ferrous metals, and attempts of their export out of republic limits.

8. To the Prosecutor General's Office of the Republic of Uzbekistan to exercise supervision of illegal collection, storage and realization of scrap and waste of ferrous metals, to make careful investigation on each fact of illegal actions regarding turnover of scrap and waste of ferrous metals, to make responsible perpetrators according to the legislation.

9. In Item 1 of the order of the President of the Republic of Uzbekistan of April 20, 2017 No. R-4911 "About measures for ensuring additional requirement of the republic for hire of ferrous metals of" the word "of steel) by the Commodity Nomenclature of Foreign Economic Activity code 7207 20 150 0" shall be replaced with words "became, products of direct recovery of iron ore) by the Commodity Nomenclatures of Foreign Economic Activity codes 7207 20 150 0 and 7203 10 000 0".

10. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan G. I. Ibragimov and the chairman of the board of JSC Uzmetkombinat A. H. Hursanov.

President of the Republic of Uzbekistan

Sh. Mirziyoev

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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