Saturday, 01, October, 2022

Business

Uzbek Ambassador to Austria, Sherzod Asadov, met with the leadership of the taste giving ingredients manufacturer Esarom GmbH - President Ernst Kunze, CEO Michael Kornberger, Finance Director Stefan Mölz and Director for the CIS Alla Brodyansky Saturday, the Uzbek Foreign Ministry said.

Uzbekistan-Germany Business Forum and bilateral negotiations with German companies, organizations and financial institutions will be held in Berlin today on the eve of the visit of the President Shavkat Mirziyoyev to Germany, co-organized by the Uzbek Investments Committee and the German Committee on Eastern European Economic Relations.

Russian oil company Tatneft has founded Tatneft-AZS-Tashkent LLC in Uzbekistan, registering its sales subsidiary in Nurafshon city, Tashkent province on December 26, 2018, Kommersant newspaper said.

Shavkat Mirziyoyev signed the Measures for implementation of the Setting up of Modern Jewelry Production Unit in Tashkent city Project Decree.

Seven new small industrial zones (SIZ) will be set up in the Fergana province. The government of Uzbekistan issued a decree Measures on Setting of Additional Small Industrial Zones in Fergana province.

Uzbekistan and Hungary signed $ 46.5 million worth six deals at a business forum in Tashkent on Friday, the Uzbek Investments Committee said:

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.

President of Uzbekistan Shavkat Mirziyoyev held a meeting with the top managers of major French companies, and reportedly urged them to invest in projects in Uzbekistan, the President’s press service said.

The French Fives Groupe plans to launch the production of auto glass jointly with UzQurilishMateriallari in Uzbekistan. "Our group specializes in projects in heavy industry, engineering and manufacturing of equipment. Over the past two years, we have built close cooperation with Uzbek partners. For example, we are now launching the production of high-quality auto glass products to be exported," the head of the International Development at Fives group Jean-Marie Caroff.

For the first time, the United States will be holding its flagship international business event, the Eighth Annual Central Asia Trade Forum, in Uzbekistan. The event, organized by the U.S. Agency for international Development (USAID) and co-hosted by the Ministry for Foreign Trade of the Government of Uzbekistan, will be held in Tashkent on October 17-18, 2018 in Tashkent.

Uzbek - UAE Business Forum was held at the International Hotel in Tashkent on Wednesday, organized by the Uzbekistan Committee for Investments. The UAE delegation was led by Ibrahim Al-Mahmoud, Deputy Chairman of the Chamber of Commerce of the United Arab Emirates.