Tashkent, Uzbekistan (UzDaily.com) — RWS Optimum has acquired a controlling stake of 66.03% in "Vzrivprom" (Portlatishsanot), a company previously owned by the state. This was announced on the Unified Corporate Information Portal.

The deal was completed in late December 2024. RWS Optimum paid 35.68 billion soums for 895,189 shares of the company.

Starting from 3 January 2025, the company began the process of buying shares from minority shareholders. The shares are being offered for sale at the price paid for the state-owned stake — 39,857.82 soums per share.

RWS Optimum was founded in 2006, with a charter capital of 461.31 billion soums. It is fully owned by IPC, an investment company registered in the UAE. The company manufactures BF70 railway ties, which are used in railway construction in Uzbekistan, Afghanistan, and Turkmenistan.

"Vzrivprom" JSC was established in 1999 and specializes in drilling and blasting works for road construction, hydraulic engineering, and mining operations.