Two companies producing cotton cellulose of Uzbekistan: Fergana Chemical Plant and Raw Materials Cellulose Enterprise in Jizzakh were included in the 20th package of sanctions against Russia of the European Union.
Photo: REUTERS/Yves Herman
These two enterprises are suspected of supplying cotton pulp for the Russian military industry.
In the explanation of the sanction as quotedFergana Chemical Plant – supplied raw materials to gunpowder factories in Perm and Kazan, and Raw Materials Cellulose to the gunpowder factory in Tambov.
Funds and economic resources are prohibited from EU subjects to these enterprises. If they have assets in EU jurisdiction, they will be frozen.
These two companies, as well as “Mercury Renaissance” LLC, were sanctioned by Ukraine last year.
Fergana Chemical Plant – Established in 2012. Founder – Mercury Renaissance. Rustam Rahimjonovich Mominov (60%) and Mikhail Aleksandrovich Glukhov (40%) will join this enterprise in 2023. ownedlater Glukhov’s share was transferred to Shahriyor Sakhiyorovich Tojiyev, and Mominov’s share to Olga Yurevna Shagiyeva.
Shahriyor Tojiyev was a shareholder in Qwerty Up, which was liquidated in 2022. Olga Shagiyeva has shares in Aloqainvest, Breegs, Atrium Tashkent, Geo Profi Mombasa Finance, Aloqa Klimkontrol, Visata Group, Fortress Invest, Pod Klyuch, Professional Legion and other companies.
Raw Materials Cellulose – Registered in Jizzakh in 2017. As of January 2024, the enterprise is owned by the sole founder Larisa Mikhailovna Utkina has been. Later, its share was reduced to 76%, and Larisa Rahimjonova Bikova became a 24% shareholder. has become. Today, the composition of the founders is as follows: Larisa Rahimjonovna Bikova (25.1%), Bobur Lutfullayevich Kabulniyozov (24.97%), Azamjon Nurillaievich Valikhonov (24.97%), Ma’murjon Mahmudjon’s son Alimov (24.96%).
Larisa Bikova – Aloqa Klimkontrol and Winder Invest, Mahmudjon Alimov – Velcor and Voltria, Bobur Qabulniyozov – Business Standart, Complex Technical Center Asia and Fiber Expo are among the contributors.
Azamjon Valikhonov is listed as a shareholder in Chirchik transformer plant, Uzbekkimyomash plant, Kuytosh mine, Universal Rent Tashkent, Maxwell Service, Glory Project, Fiber Expo and other enterprises.
