Company:AKFA Group

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Short description: Uzbek industrial holding
AKFA Group
Websitehttps://akfagroup.com/eng/index

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] CEO of the group is Kamran Gulamov.[4][5]

History

The company was founded in the early 2000s.[6]

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.[7]

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.[8] The total investment volume was over $39 million, and the production capacity of the new plant was 36,000 tons per year.[9][10] In 2019, the plant was visited by the President of Uzbekistan, Shavkat Mirziyoyev.[11]

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.[12][3] Abror Ganiev was appointed a new chairman of the board of directors of AKFA Group of companies.[13]

In 2021, it became known that AKFA Group is the producer of exterior details for Uzbekistan's tallest skyscraper, Nest One.[14]

Akfa Group collaborates with German conglomerate Xella to produce autoclaved aerated concrete under the Ytong brand at its manufacturing facilities.[15][16]

In 2023, the AKFA Group purchased a 50% stake of Feed up fast food chain.[17]

Charitable work

In 2021, the company opened Uzbekistan's first privately constructed shelter for homeless dogs.[18][19][20]

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.[21][22]

References

  1. "Uzbekistan Window of Opportunity". 6 June 2019. https://www.bcg.com/ru-ru/uzbekistan-window-of-possibilities. 
  2. "Uzbek Akfa Group buys 50% stake in fast food chain FeedUp". https://newslineuz.com/article/1137232/. 
  3. 3.0 3.1 "Бош вазир Ортиқхўжаевга тегишли Akfa, Artel ва Crafers ширкатлари ҳақида гапирди (видео) | Qalampir.uz". 2020-01-13. https://qalampir.uz/news/bosh-vazir-ortik-khuzhayevga-tegishli-akfa-artel-va-crafers-shirkatlari-%D2%B3ak-ida-gapirdi-12819. 
  4. UzDaily. "AKFA Group starts construction of a shelter for homeless animals" (in en). https://www.uzdaily.uz/en/akfa-group-starts-construction-of-a-shelter-for-homeless-animals/. 
  5. "AKFA Group is planning to an IPO". https://akfagroup.com/eng/launch_ipo. 
  6. "Цена провала: Джахонгир Артыкходжаев о выходе из бизнеса, ошибках, выводах и личном" (in ru). 2019-09-13. https://www.spot.uz/ru/2019/09/13/artikxodjaev/. 
  7. "EEF takes over aluminium firm in Dubai" (in en). https://www.khaleejtimes.com/local-business/eef-takes-over-aluminium-firm-in-dubai. 
  8. "Benkam. News". https://benkam.eu/news. 
  9. "Electrotechnical industry of the Republic of Uzbekistan". https://invest.gov.uz/wp-content/uploads/Eltexsanoat-ENG.pdf. 
  10. "AKFA Group сделали третий шаг к статусу мирового лидера по поставке алюминиевого профиля". https://www.russianrealty.ru/tidings/company/997228/. 
  11. "Шавкат Мирзиёев ознакомился с проектами в свободной экономической зоне "Навои"". 2019-12-28. https://www.xabar.uz/ru/iqtisodiyot/shavkat-mirziyoyev-navoiy-erkin. 
  12. "Хоким Ташкента: "Долю в Akfa имею, но управление передал другим"". 2019-01-31. https://www.gazeta.uz/ru/2019/01/31/hokim/. 
  13. "Новое руководство в группе компаний AKFA". 2019-03-20. https://xs.uz/ru/post/novoe-rukovodstvo-v-gruppe-kompanij-akfa. 
  14. "AKFA Engineering & Management" (in en-US). https://app.thebig5.ae/event/the-big-5-2021/product/UHJvZHVjdF80ODM1MTQ=. 
  15. "Xella. Our worldwide license partners.". https://global.xella.com/en/licenses/our_partner. 
  16. "Строительство и промышленность строительных материалов". https://www.tadviser.ru/index.php/%D0%9A%D0%B0%D1%82%D0%B5%D0%B3%D0%BE%D1%80%D0%B8%D1%8F:%D0%A1%D1%82%D1%80%D0%BE%D0%B8%D1%82%D0%B5%D0%BB%D1%8C%D1%81%D1%82%D0%B2%D0%BE_%D0%B8_%D0%BF%D1%80%D0%BE%D0%BC%D1%8B%D1%88%D0%BB%D0%B5%D0%BD%D0%BD%D0%BE%D1%81%D1%82%D1%8C_%D1%81%D1%82%D1%80%D0%BE%D0%B8%D1%82%D0%B5%D0%BB%D1%8C%D0%BD%D1%8B%D1%85_%D0%BC%D0%B0%D1%82%D0%B5%D1%80%D0%B8%D0%B0%D0%BB%D0%BE%D0%B2?ptype=news. 
  17. "AKFA Group purchases 50% stake of FEED UP fast food chain - The Asia Today" (in en-US). The Asia Today. 2023-10-20. https://theasiatoday.org/news/central-asia/akfa-group-purchases-50-stake-of-feed-up-fast-food-chain/. 
  18. Loginova, Julia (2021-08-04). "AKFA Group построили в Узбекистане приют для 1000 собак" (in ru-RU). https://philanthropy.ru/novosti-organizatsij/2021/08/05/104741/. 
  19. "AKFA представила проект приюта для бездомных животных" (in ru). 2020-12-09. https://www.gazeta.uz/ru/2020/12/09/shelter/. 
  20. "AKFA Group построили в Узбекистане дом для 1000 собак" (in ru-RU). https://asninfo.ru/news-partners/1677-akfa-group-postroili-v-uzbekistane-dom-dlya-1000-sobak. 
  21. ""За 3,5 года не злоупотребил ни сумом". Хоким Ташкента — о спонсорстве, Akfa и Artel" (in ru). 2022-02-16. https://www.gazeta.uz/ru/2022/02/16/tashkent-hokim/. 
  22. "День борьбы с детскими онкозаболеваниями". 2021-02-17. http://cancercenter.uz/den-borby-s-detskimi-onkozabolevaniyami/.