In accordance with the schedule approved by the chief engineer of the Almalyk Mining and Metallurgical Complex, advanced training is being provided to the personnel reserve formed for management positions.

The purpose of the training is to prepare specialists for management positions, develop modern knowledge and skills.

As part of this program, a seminar for employees of structural divisions included in the personnel reserve was recently held at the training center of the complex. The topic of the event was “Working with securities and the basics of IPO”.

The seminar was conducted by the head of the corporate secretariat of the central office of the AMMC Shokhista Nazarova.

- Securities are instruments that provide their owners with certain financial rights. They play an important role in the economy, helping to attract investment and maintain market liquidity. One of the ways to raise capital for companies is an IPO (Initial Public Offering), - noted Shohista Nazarova. In accordance with the Resolution of the President of the Republic of Uzbekistan PP-162 of April 19, 2024 “On additional measures to reduce state participation in the economy”, the “People’s IPO” program is being actively implemented in the country. This initiative gives citizens the opportunity to purchase shares of large national companies. The program involves the placement of about 2% of shares of such enterprises as the Navoi and Almalyk Mining and Metallurgical Complex, Uzmetkombinat, Uztelecom and the People’s Bank.

In August 2024, mass placement of shares of large companies was launched through the E-AUKSION electronic trading platform and the GO INVEST mobile application. This allows citizens to become shareholders of the country’s leading enterprises and take part in their development.

By 2025, the government of Uzbekistan plans to bring 30 of the largest companies to IPO, which will create additional investment opportunities and contribute to the development of the national economy.

Thus, successful global experience of holding an IPO shows its effectiveness for the growth and development of companies. In Uzbekistan, the “People’s IPO” initiative opens up new prospects for citizens and investors, and also contributes to increasing the transparency and efficiency of the country's stock market.