Measures to be taken to improve the efficiency of NGMK

Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan issued a resolution “On measures to improve the performance of the State Enterprise Navoi Mining and Metallurgical Combine”.

The government has ordered to create a project office of NGMK. The project office will introduce modern methods of corporate governance and carry out work to transform the plant from a state-owned enterprise into a joint-stock company.

The new structure will also work to bring financial statements in accordance with international standards and reduce production costs by optimizing and automating.

The company is introducing the position of first deputy general director. The deputy general director of the company will be responsible for the performance of the project office and will organize an external audit, and will also attract financial resources.

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