Monday, 19, August, 2019

Business

On December 12-17, 2018, Westminster International University in Tashkent hosted an intensive training course for women farmers and entrepreneurs from Ferghana Valley designed to develop their skills and knowledge in agribusiness and horticulture.

The government decided to sell the controlling stake in Jizzakh Battery Plant, worth almost 94 billion soums. “In line with the President’s Measures For Further Development of Jizzakh Battery Plant Decree of June 5, 2018, Uzavtosanoat will offer the 51.78% stake of Jizzakh Battery Plant through Tashkent Stock Exchange, Uzavtosanoat said.

Nordic telecoms operator Telia said on Wednesday it had sold its stake in Uzbekistan’s Ucell for $215 million on a debt-free basis, as part of its strategy to exit its Eurasian businesses.

Iranian Zarin Taj Mahan Industry Group will set up 20 million euro yarn production facility in Uzbekistan, Uzbekistan 24 reported.

Business Women Association “Tadbirkor Ayol” (BWA) with the support of the World Bank and other development partners, including the EU Delegation in Uzbekistan, Embassies of the United States and Switzerland organized a workshop designed to discuss challenges and innovative solutions to facilitate rural women’s entrepreneurship.

South Korean Sejin G&E Co. Ltd will install 12 units of new modern generators and auxiliary equipment that generate electricity from landfill gas (methane) at the Akhangaran and Maidontol municipal waste sites in Tashkent province with the total capacity of at least 16 MW.

Elevating the two-way trade up to US$ 1 billion was one of the gaols of the Government of UzbekistanBakhodir Abdullayev, the Uzbek Ambassador to Iran, said at a meeting with Iranian business executives on Monday in Arak, Markazi province, Mehr News reported.

President Shavkat Mirziyoyev signed a decree facilitating export of goods and services via the Internet. Now the export of goods and services with ceiling of US$ 5 thousand via the Internet with payment made over money transfer systems per invoice does not require entering into a written contract with customers.

South Korean GS Engineering & Construction Corp. will launch the methanol-to-gasoline (MTG) unit in 2022 in Uzbekistan.

The Cabinet of Ministers issued a resolution on September 16 handing over the state share’s in the authorized capital of UzIkkilamchiRangliMetal for trust management to SFI Management Group, a foreign company, the company said in a statement.