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19investmentIn pursuance of Resolution No.108 of the Cabinet of Ministers of the Republic of Uzbekistan on March 3, 2001 «On perfection of management system of SJSRC “O’zbekiston temir yo’llari” (Uzbekistan railways), by order No.115-Н of the Chairman of Board of SJSRC »O’zbekiston temir yo’llari» (Uzbekistan railways) on 04.06.2001, has been formed since July 1, 2001 an unitary enterprise for repair of freight cars “Uzremvagon” which problem is carrying out unified technical and economic policy on provision with freight of economic cargoes with faultless freight cars and containers.

According to the order No.184 k-PO of the State Property Committee of the Republic of Uzbekistan on 28.06.2002, the unitary enterprise for repair of freight cars “Uzremvagon” is reorganized as “O’ZVAGONTA’MIR” Open Joint-Stock Company.

Primary activity of Joint-stock company – is a production and realization of scheduled repair (shed, capital and capital repair with extension of term of useful life of freight cars) of all freight cars, and also modernization of freight cars. 

According to decision of board of joint-stock company «O’zbekiston temir yo’llari” (Uzbekistan railways) on 15.02.2016, 15 % shares of “O’ZVAGONTA’MIR” JSC that makes 445235 pieces of shares are subject to realization by foreign investors through “TOSHKENT” Republican Stock Exchange for 1682988,30 US dollars, at the price 1 share of 3,03 US dollars, also by the decision of board of joint-stock company it is possible the realization of controlling pieces of shares.

According to Decision No.286 of the Cabinet of Ministers of the Republic of Uzbekistan on 28.10.2009 “On transfer of state holding of shares of enterprises of railway branch in the Authorized fund of SJSRC “O’zbekiston temir yo’llari” (Uzbekistan railways), 90 % shares of “O’ZVAGONTA’MIR” JSC are transferred in the Authorized fund of “O’zbekiston temir yo’llari” (Uzbekistan railways), rest 10 % shares belong to minority shareholders of the company.


“O’ZVAGONTA’MIR” JSC – is a group of professionals aimed at assurance of high quality of repair, both freight cars, and carriages.

The company has five car sheds (CSH), located at:

Havast car shed – is located in Syrdarya region, Khavast city, territorially has exits on Tashkent and Djizakh regions, and further on all the Republic of Uzbekistan, and also borders on the Republic of Tajikistan and Kazakhstan;

Andijan car shed – is located in Ferghana valley, Andijan region, Andijan city, border territory with Kirghizia, Tajikistan, a link of haulway is newly opened railway branch Tashkent-Angren-Pap – Kokand and further all Fergana valley;

Samarkand car shed is located in the centre of the Republic of Uzbekistan, in Samarkand region, Samarkand city, has huge advantages, as  its location has possibility of exit by rail on all territory of the Republic and further to the CIS countries;

Kungrad car shed is located in the Republic of Karakalpakstan, Kungrad city, borders on Kazakhstan, Turkmenistan, is located in the northwest part of the Republic;

Termez car shed is located Surkhandarya region, Termze city, borders on Tajikistan, Afghanistan, in territory of Termez there is also a river port-Termez.

In all car sheds of the company there are engineering communications (electric power, water supply, sewerage, heat supplies for the account of own boiler-houses).

Car sheds carry out depot, capital and capital repairs with extension of term of useful life of freight cars, and also make depot repair of carriages and their maintenance service in volume ТО-3 in VCHD-Andijan and VCHD -Kungrad.

From the moment of establishment in 2001 of the enterprise steadily has been working in market of cars repair and in full carries out obligations before partners. Clients of “O’ZVAGONTA’MIR” joint-stock company are both major operators of rolling stock, and small enterprises. Expansion of client base – the best confirmation of qualitative and fair work of the Company. 


Repair base of car sheds includes all necessary equipment for performance of qualitative and timely repair of units and details of all kinds and types of freight cars.

In structure of car sheds there are following repair both auxiliary departments and office buildings:

Rail car assembly shop (RCAS);

Wheel-roller shop (WRS);

Small cart shop (SCS);

Secondary procuring shop (SPS)

Checking point of repair of automatic coupling equipments (CPA)

Checking point of repair of the automatic brake equipments (CPAB);

Electric equipments repair shop;

Development shop;

Nitric-oxygen complex (NOC) VCHD-Khavast;

Sanitary and domestic centre (SDC);

Department of master mechanic and garage;

Buildings of administrative and managerial personnel, etc.

Car sheds are provided by necessary quantity of siding for performance of necessary volume of cars repair.

Also are provided by modern means of nondestructive testing, such as flux gate, magneto-powder, ultrasonic and vortex-current.

Equipments which are available in car sheds of the Joint-stock company may be rendered qualified joiner’s, turning, welding and other services. 

In all sheds of the company a quality management system according to international standards ISO 9001:2008 is implemented. From June 28 to 30, 2011 has passed recertified and supervising audit by Evroaziumekspertgrupp and Moodi International which estimated planning and effectiveness of management system implementation. The enterprise is recommended to registration extension, as corresponding to requirements of international standard ISO 9001:2008. Main purpose of system implementation –  is optimization of target “cost price-quality”. Samarkand and Khavast car sheds are certified in system Moody International Certification (MIC) in 2007, Andijan car shed – in 2009



         The Authorized fund of “O’ZVAGONTA’MIR” Joint-stock company is 1 million 52 thousand US dollars. 

“O’ZVAGONTA’MIR” Joint-stock company has close relationship with “O’zbekiston temir yo’llari” (Uzbekistan railways) Joint-stock company for account which are formed to 80 % of incomes of the company. Additional incomes are formed at the expense of orders of industrial enterprises of Uzbekistan and the neighboring countries having on the balance own stock of freight cars.

By results of work for 2015 of “O’ZVAGONTA’MIR” joint-stock company has executed 2888 units, depot repair of freight cars.

By capital repair were repaired 515 cars.

The volume of cars repair of industrial enterprises considerably was increased by last year from 847 to 985 cars, including 359 cars KRP and 92 cars in capital repair.

Depot repair of carriages has made 40 cars, in volume ТО-3 of 39 cars.

Incomes of the enterprise for 2015, have made – 7 million 595 thousand 427 US dollars.

General financial result has made 396 thousand 028 US dollars.-101,2 % to the business plan.

Net profit has made 326 thousand 670 US dollars. (100,12 % to the business plan).

  1. Financial plan
Forecast of financial indicators of “O’ZVAGONTA’MIR” joint-stock company for 5 years (2016-2020)
US dollars
Indicators report for 2015 forecast for 2016 forecast for 2017 forecast for 2018 forecast for 2019 forecast for 2020
income expense income expense income expense income expense income expense income expense
Sales net proceeds 7595427 7823289 8057988 8299728 8548720 8805181
Production cost 6420415 6613028 6811419 7015761 7226234 7443021
Financial results 1175011 1210262 1246569 1283966 1322485 1362160
Other operating incomes 432413 436737 441104 445515 449970 454470
Exchange differences, other 1600
Administrative expenses 467941 479639 491630 503921 516519 529432
Other operational expenses 745055 763682 782774 802343 822401 842961
Overall financial result before profit tax 396028 403678 413270 423218 433535 444237
Profit tax (7,5 %) 40952 24120 24376 24641 24917 25202
Tax on infrastructure(8 %) 28406 30365 31112 31886 32690 33523
Net profit 326670 349193 357783 366691 375929 385512


“O’ZVAGONTA’MIR” Joint-stock company, Republic of Uzbekistan,

Tashkent, Elbek street, house 8. Tel./fax – 299-14-30,

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