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Number of Internet users in Uzbekistan reaches 7.9 million

Number of Internet users in Uzbekistan reaches 7.9 million

In Uzbekistan, the number of businesses for data transmission, including those providing Internet services reached 939, with the total number of public units of 1,032 by October 1, 2011. The total number of Internet users made about 7.9 million. Read more

Navoi-Beauty Cosmetics launches cosmetics production

Navoi-Beauty Cosmetics launches cosmetics production

According to Uzkimyosanoat joint stock company, an Uzbek-South Korean joint venture Navoi-Beauty Cosmetics, specializing on production of cosmetic products, has been launched in Navoi free industrial and economic zone. Read more

Small business and private entrepreneurship entities are allowed to independently deliver cash revenues

Small business and private entrepreneurship entities are allowed to independently deliver cash revenues

Resolution of the Central Bank (registered by the Ministry of Justice, October 6, 2011) made additions (in the official language) to the Regulations on the organization of cash, collection and transportation of property in the commercial banks.

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1: Gigawatt-producing solar plant coming to Uzbekistan

1: Gigawatt-producing solar plant coming to Uzbekistan

September 30 2011 (TCA) - Tashkent's rising interest in solar power generation may be backed by serious investors and project applications. Uzbekistan, jointly with Russia's Lukoil and the Asian Development Bank (ADB), will build a solar power plant with the capacity of one gigawatt.

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Uz-Texaco JV launches production of synthetic motor oils

Uz-Texaco JV launches production of synthetic motor oils

Uz-Texaco, an Uzbek-US joint venture, and Prista Oil Group (Bulgaria) announced about launch of capacities on production of synthetic motor oils in Uzbekistan. Uz-Texaco said that motor oils are produced under the trademark of Prista.

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Uzbekistan Adopts the Law "On exchange of credit information"

Uzbekistan Adopts the Law "On exchange of credit information"

President of Uzbekistan Islam Karimov signed the Law "On exchange of credit information", October 4, 2011. The law was passed by the Legislative Chamber on August 11, 2011, approved by the Senate on August 26, 2011 and will come into force on January 1, 2012. Read more

Germanys Knuaf launches plant on gypsum boards production

Germanys Knuaf launches plant on gypsum boards production

Germany’s Knauf launched its second enterprise on production of construction materials in Bukhara region of Uzbekistan on 22 September 2011. Opening ceremony of the plant on production of gypsum boards has been held at Knauf Gips Bukhara Foreign Enterprise LLC, which is located in Kagan city of Bukhara region.

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New Exhibitions - New Possibilities

New Exhibitions - New Possibilities

September 20, Uzexpocenter opened international exhibition Food Week/AgriTek Uzbekistan - 2011, organized by the Ministry of Agriculture and Water Resources and the Association of Farmers of Uzbekistan. Food industry and agricultural sector of Uzbekistan are perhaps one of the most promising areas for further qualitative growth and attraction of both domestic and foreign investments. Read more

Refinancing rate of Central Bank stays at 12% APR

Refinancing rate of Central Bank stays at 12% APR

The Board of the Central Bank of Uzbekistan kept the refinancing rate at the level of 12% APR, the regulator said on 16 February 2011. Read more

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