UzAuto Motors launches subscription campaign for third IPO in Uzbekistan's history
01.12.2022
UzAuto Motors, the largest car manufacturer in the CIS, has announced the launch of a subscription campaign for its initial public offering (IPO). In 2023, the automaker plans an IPO on a foreign exchange. The company will use the funds received to ramp up production capacity and other development projects. This will be the third ever IPO in Uzbekistan. In 2018, the Quartz glass factory was publicly placed, and in 2019-2020 the plastic manufacturer Gizz Plastic.
