News of BUSINESS

News of BUSINESS

BUSINESS | 09:04 / 01.12.2022

Dubious privatization: Large state assets are being transferred to offshore companies

A new wave of privatization is underway in Uzbekistan. By the end of 2025, state-owned enterprises should decrease by 75%. In this process, a number of large enterprises are being handed over to private hands without any competition. Offshore companies own more than a hundred oil and gas fields and cement plants, which control half of the market.

13:46 / 06.12.2022

Uzbekistan’s GDP per capita growth slows

12:10 / 06.12.2022

Uzbekistan carries out over 104 trillion soums worth of construction works in ten months

14:55 / 05.12.2022

UzAuto Motors to start selling updated Captiva and Cadillac, production of Lacetti to be discontinued

13:51 / 05.12.2022

Tashkent hosts UBTIC session to strengthen trade relations between Uzbekistan and UK

10:49 / 05.12.2022

Uzbekistan exported over 25,000 phones over 10 months

17:44 / 03.12.2022

Mishustin: Uzbekistan’s full membership in the EAEU will give a powerful impetus to the development of direct cooperation ties

15:05 / 03.12.2022

Uzbekistan increases food product imports by 40%

12:09 / 03.12.2022

Great Britain announces allocation of new funds for development of trade with Uzbekistan

16:16 / 02.12.2022

Gov’t worries that WTO membership will “hurt” the auto industry

12:46 / 02.12.2022

Remittances from Russia to Uzbekistan reaching record high in 2022 – World Bank

16:34 / 01.12.2022

Germany expresses interest in copper industry of Uzbekistan

16:29 / 01.12.2022

Uzbekistan, Saudi Arabia developing a $10 billion energy investment program

16:05 / 01.12.2022

Japan planning to start production of spare parts for cars in Andijan

15:24 / 01.12.2022

Inflation up by 1.3% in November

09:04 / 01.12.2022

Dubious privatization: Large state assets are being transferred to offshore companies