Uzbekistan

The activities of "Neftgazmontaj" were criticized, and the responsible persons were relieved of their positions.

It has been reported that workers have not been paid their salaries since November.

The activities of "Neftgazmontaj" were criticized, and the responsible persons were relieved of their positions.

Today, a critical-analytical review of the activities of "Neftgazmontaj" LLC, a subsidiary of "Uzbekneftegaz" JSC, was held with the participation of the Chairman of the Management Board of "Uzbekneftegaz" JSC, Abdugani Sanginov. The Information Service of "Uzbekneftegaz" JSC reported on this.

 

It was reported that the meeting sharply criticized that work processes at the enterprise are still being carried out in the old system, without digitalization. It was emphasized that allowing conflicts of interest and the failure to implement modern management mechanisms at the enterprise have not only reduced efficiency but have also seriously negatively impacted financial discipline.

 

"The figures clearly show how serious the situation is. Construction work has decreased by 21.4%, while at the same time, material and technical resource (MTR) reserves in warehouses have unreasonably increased by 129%. Most worryingly, workers' salaries have not been paid since November," the report states.

 

According to the report, due to the failure to fully utilize the Company's potential in recent years, work volumes have significantly decreased, the shortage of highly qualified personnel has increased, and initiative in handling order volumes has been lacking.

 

The enterprise's assets have become almost ineffective. More than half of the 562 pieces of equipment are not operational: 128 are unusable, 218 are faulty. Due to years of lack of repair, the technical fleet has almost collapsed. The lack of a GPS control system has weakened control over vehicles. At the same time, the annual excessive expenditure of funds for unused facilities was sharply criticized.

 

Furthermore, at the meeting, the Chairman of the Management Board gave strict instructions to fundamentally improve the situation and financially rehabilitate the Company. Tasks were set to urgently implement digital document flow and treasury systems, strictly adhere to the requirements of "State Procurement," fully review accounting activities, and increase transparency in the procurement system.

 

It was separately noted that ineffective assets—unusable equipment and unused facilities—must be put up for auction, and faulty equipment must be repaired in a short time.

 

In addition, attention was drawn to the rampant nepotism within the company. Cases of hiring close relatives by some managers and responsible employees have become a systemic problem. This has violated the principles of fairness in personnel policy and negatively impacted efficiency.

 

In this regard, the compliance inspector who allowed conflicts of interest and failed to prevent financial shortcomings, as well as the deputy directors for economics and construction, were found unfit for their positions. The enterprise director was removed from his position and given a 3-month probationary period. Furthermore, an instruction was given to settle the debt to workers within one week.

 

The Chairman of the Management Board set the task of fundamentally transforming the enterprise. Instructions were given to the responsible persons to consider issues of equipping "Neftgazmontaj" with modern equipment, turning it into a major contractor company, increasing work volumes tenfold and correspondingly adjusting the number of workers, and raising their monthly salaries.

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Certificate: №1346 Issue date: 28.05.2020

Idea author: Firdavs Fridunovich Abdukhalikov

Founder: "Master Media Production and Broadcast"