Why is this important
Entering the exchange will increase transparency, attract global investors, and create conditions for aggressive expansion in regional and international markets.
What happened
- Centrum Holding includes Centrum Air, the cargo company My Freighter, and the logistics company Centrum Logistics.
- As part of the president’s visit to New York, agreements were signed with Citigroup and Oppenheimer Holdings to prepare for the IPO.
- The attracted funds will be used to expand the fleet, launch new routes, and develop infrastructure.
- According to plans, Centrum Air fleet will grow from 12 aircraft to 25 and more in 2026-2027.
- My Freighter plans to increase its cargo fleet to 30-50 aircraft by the end of 2026.
- The holding considers different placement platforms and expects an “adequate assessment” when placing shares.
Context
Uzbekistan’s aviation sector is actively expanding: Centrum is already launching direct flights, for example, Tashkent—Delhi from October 3 — twice a week. My Freighter has ambitious plans to strengthen the cargo network and intercontinental routes.
Uzbekistan’s capital market is ready for major deals: UzNIF National Fund is preparing for a $1.7 billion IPO.
