Tuesday, 22, June, 2021

Business

AvtoVAZ’s presence in the Uzbek market is quite limited due to UzAuto Motors, the company said. AvtoVAZ will launch assembly of Lada and Renault car components in Uzbekistan within 12 months, the company president Nicolas Maure said.

The next congress of the Chamber of Commerce and Industry On took place on June 16. The congress was attended by the Minister of Justice Ruslanbek Davletov, who spoke about the Business Code, about the analysis of problems in the business-related regulations, and their solution.

Almost everything that is produced and grown in Uzbekistan is being showcased at Uzbekistan’s exhibition hall in the Tajik capital Dushanbe.

Today, May 31, more than 150-strong Uzbekistan business delegation will visit Dushanbe. The delegation includes businesses from all provinces and major cities.

The Cyprus-based company Lamanka Enterprises Limited became the owner of 4.14 million ordinary shares, or 84.197% of the total shares of Akhangarantsement , the data of the Toshkent stock exchange said.

The European Bank for Reconstruction and Development (EBRD) is supporting the modernisation of agriculture and enhanced economic opportunities for the local population in Uzbekistan with a long term loan of up to US$ 60 million to Indorama Agro. The EBRD financing will be accompanied by a parallel loan of the same size from the IFC, a member of the World Bank Group.

The State Assets Management Agency is approaching the final stage of sale of the government stake in Coca-Cola Ichimligi Uzbekistan, announced today the agency chief Akmalkhon Ortiqov.

An exhibition of Uzbek-Afghan businesses is currently being held in Termez. It was acknowledged that the volume of products of various sectors and industries displayed at the exhibition has increased significantly.

164 firms with Turkish investment, 119 firms with Russian investment and 78 firms with Kazakh investment were founded In January-April 2021.

Tashkent hosted the first meeting of the Uzbek-Ukrainian Business Council, created in February 2021, and a joint business forum on Wednesday, the Chamber of Commerce and Industry said.