---

**IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20210106-balcom-invests-in-uzbekistan-agriculture/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page.

---

# Balcom invests in Uzbekistan agriculture

Publication Date: 06.01.2021, 10:00

The investor was not interested in agriculture before.

The Balcom Japanese company has paid $10 million for minority shareholdings of the Ifoda Agro Kimyo Himoya company (Uzbekistan).

Ifoda Agro Kimyo Himoya produces crop protection agents and compound fertilizers. The output of its products is about 100 thousand tons per year. The company’s sales volume reaches approximately $20.2 million.

Money received from the sale of minority shareholdings Ifoda Agro Kimyo Himoya will spend on business and export development.

Previously, Balcom wasn’t seen to be interested in agriculture. The company currently manages assets in the hotel business and the car industry.

---

**About Fertilizer Daily:**

Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales.

We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.