FLS announces joint venture in Uzbekistan, underpinning its strategic focus on Central Asia and ambition of accelerating growth

Core Viewpoint - FLSmidth has formed a joint venture with Texnopark in Uzbekistan to enhance its growth in the Central Asian region and establish a service center for local customers [1][2]. Group 1: Joint Venture Details - The joint venture aims to strengthen FLSmidth's regional presence and improve customer offerings in Uzbekistan and Central Asia [2]. - The service center will be developed in phases with a modular setup, allowing for future expansion as more local mines become operational [3]. - The financial conditions of the joint venture have not been disclosed [4]. Group 2: Strategic Importance - The partnership reflects FLSmidth's commitment to being closer to customers and responding quickly to their needs [4]. - The service center will enhance local operational capabilities and foster engagement with local customers [2]. - FLSmidth aims to contribute positively to the development of the Uzbek mining industry through this joint venture [4].