News of BUSINESS

News of BUSINESS

BUSINESS | 11:22 / 06.07.2023

Russian court orders Jizzakh battery plant to pay nearly $2.8 million in compensation

The Jizzakh battery factory was found to have violated intellectual property rights in Russia. The appellate court left unchanged the court’s decision to collect compensation of 257.3 million rubles from the factory in favor of the Crimean businessman. The amount of the fine is almost 4 times more than the one-year net profit of the company belonging to the state of Uzbekistan.

22:27 / 12.07.2023

Concerns of residents and businessmen about exchange rate changes increase sharply

21:27 / 12.07.2023

US dollar exchange rate soars against UZS

13:59 / 11.07.2023

ACWA Power to start constructing green hydrogen plant in Uzbekistan in autumn

19:45 / 10.07.2023

Flour prices fall on stock exchange

15:05 / 10.07.2023

ADB to help modernize Uzbekistan’s power transmission grid with $125 million loan

10:40 / 10.07.2023

EBRD appoints Andi Aranitasi as new head of its office in Tashkent

14:58 / 08.07.2023

Son of ex-FM of Uzbekistan Doniyor Kamilov becomes new beneficial owner of UMMC

11:22 / 06.07.2023

Russian court orders Jizzakh battery plant to pay nearly $2.8 million in compensation

21:17 / 05.07.2023

Integration of Humo and Uzcard ATMs almost complete

17:33 / 05.07.2023

KazTransOil increases transit of Russian oil to Uzbekistan

16:24 / 05.07.2023

US dollar exchange rate hits 11,600 soums mark

10:55 / 05.07.2023

Photovoltaic plant with a capacity of 1 MW put into operation in Namangan

10:23 / 05.07.2023

TMP on the brink of bankruptcy; offshore companies left the project

09:36 / 05.07.2023

Container train departs from China to Uzbekistan on a new multimodal route

19:10 / 04.07.2023

Energy Ministers of Uzbekistan, Kazakhstan and Kyrgyzstan discuss power and water supply issues