Saturday, 21, September, 2019

Business

The symbolic foundation stone was laid for a new hosiery manufacturing unit of the Russian brand Nashe in Namangan. The First Deputy PM Ochilboy Ramatov, the Governor of Namangan province Khairullo Bazarov, Deputy Foreign Minister Alisher Abdualiev and representatives of the Russian firm were present in the ceremony.

Executives of Uzbekistan Railways hosted the representatives of Switzerland’s Stadler Rail Group  Monday and explored the ways to launch production of railcars in Uzbekistan for their further exports to the countries of Central Asia and a number of other projects, the company said in a statement.

President Mirziyoyev issued the Additional Measures Aimed at Wide Engaging of the Public Into Entrepreneurship and Development of Family Entrepreneurship in the provinces Thursday.

The 26-company strong Austrian business delegation will visit Uzbekistan in April, Rudolf Taler, Trade Advisor at the Austrian Embassy in Kazakhstan announced at an event in Tashkent.

Uzavtosanoat (Uz Auto Industry) launched production of bicycles and motorcycles in Norin city of Namangan province. The initial annual production capacity is at 150 thousand bicycles and will gradually increase.

UzIkkilamchiRangliMetal (Uz Secondary Non-Ferrous Metal) JSC will launch a plant for production of gel (industrial) batteries, the company said in a statement.

The Uzbekistan-UAE Business Forum and Matchmaking Session took place today in Tashkent. The UAE delegation, led by the senior executives of Dubai ExportS company, included more than 30 executives of 17 companies of construction industry, food, packaging, pharmaceuticals and government institutions.

Uzbekneftegaz has offered the Swiss Bluestone Group to take the Fergana refinery in trust management, Uzbekneftegaz said in a statement.

A new polyethylene wallpaper production unit has been launched at Fargonaazot. Winchemical, a Uzbek-Korean joint venture will produce annually up to 7.8 million units per year. The total project cost is 3.1 million dollars.

Uzbekistan is among the top ten countries in mineral reserves in the world, Azam Kasymkhojaev, first deputy chairman of the Geology Committee said during the Uzbekistan-Sweden business forum in Tashkent.