Yanguan Corporation was established in 1974 and today is one of the world’s largest manufacturers of top and sportswear, footwear, handbags, and sports equipment. The company’s production facilities are located in Korea, China, Bangladesh, Vietnam and El Salvador, which employ more than 80 thousand workers. The company is also involved in retail trade and, in addition to its own Yanguan brand, is a co-owner of major clothing and footwear brands for active recreation, the North Face, Goldwin. The company has its own research and development center, as well as production of synthetic materials and fabrics. Shares of the corporation are listed on international stock exchanges. The total sales of the company in 2017 amounted to about $2.0 billion, net profit – $231 million.
Today, the production of garment and knitwear products has been commissioned in Samarkand, Stage I for a part of production areas of Bofanda JSC, $5.3 million of foreign direct investment has been mastered and over 300 new jobs have been created).
In addition, investment projects are being implemented in Tashkent and Samarkand regions