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ÕÓ‚ÓŮÚŤ, —ÚŗÚŁŤ

News

Uzbekistanís GDP makes up 72.17 trln. soums in 1H 2015

Uzbekistanís GDP makes up 72.17 trln. soums in 1H 2015

20.07.2015

The volume of gross domestic product (GDP) of Uzbekistan made up 72.173 trillion soums in January-June 2015, which grew by 8.1% year-on-year, the State Statistics Committee of Uzbekistan said citing preliminary data. Read moreĽ

One-stop-shops for businesses to be launched in 2016

One-stop-shops for businesses to be launched in 2016

13.07.2015

One-stop-shops providing public services to entrepreneurs are to be launched at the beginning of next year. Read moreĽ

USAID develops MEVA app for Uzbek farmers

USAID develops MEVA app for Uzbek farmers

22.04.2015

New application called MEVA (“fruit” in Uzbek) has been launched to help farmers to choose among types of agricultural technologies and fruits, in pest and disease control, in vineyards and gardens care. Read moreĽ

Business plan for opening oxygen production plant

Business plan for opening oxygen production plant

16.04.2015

When people talk about “making money from oxygen” we all mostly think about some illegal business. But it’s only in that case is we think metaphorically. In the literal sense of the phrase that is to make money by extracting the most important component from the air – oxygen Ė is quite respectable and profitable business. Read moreĽ

Official distributor of Valio to be opened in Uzbekistan

Official distributor of Valio to be opened in Uzbekistan

09.03.2015

An official distributor of Valio, a well-known producer of dairy products, will start its work in Uzbekistan soon. Read moreĽ

List of imported pedigree material is extended

List of imported pedigree material is extended

03.03.2015

Under decree of Cabinet of Ministers as of January 27, 2015, changes were made to the List of pedigree material, processing and additional equipment for development of veterinary service, mixed fodder production components, which are tax-exempt if imported (except for collection for customs clearance). Read moreĽ

New Section: Bee-keeping

New Section: Bee-keeping

10.02.2015

A new approach is now available in “Buy-Sell” section that is ďBee-keepingĒ.

Read moreĽ

Share of agriculture sector in Uzbekistanís GDP makes 17.2%

Share of agriculture sector in Uzbekistanís GDP makes 17.2%

20.01.2015

The volume of production of agriculture products in Uzbekistan made up 36.957 trillion soums in 2014, which grew by 6.9% year-on-year, the State Statistics Committee of Uzbekistan said. Read moreĽ

Uzbekistanís GDP makes up 144.868 trln. soums in 2014

Uzbekistanís GDP makes up 144.868 trln. soums in 2014

19.01.2015

Uzbekistan GDP made up about 144.868 trillion soums in 2014, which rose by 8.1% year-on-year, according to the preliminary data of the State Statistics Committee of Uzbekistan. Read moreĽ

Lameness treatment in autumn

Lameness treatment in autumn

13.01.2015

In autumn cattle health problems double as climate changes from warm to cold quite fast. Moreover, feed for winter should be prepared. Moisture is all over the farm with leads to lameness. Read moreĽ

New arrival of milk filters!

New arrival of milk filters!

06.01.2015

Use of equipment for fine purification of raw milk makes it possible to increase milk quality. We are glad to inform you that new filters for fine purification of milk have just arrived to Uzbekistan! Read moreĽ

Uzbekistan adopts measures to organize activities of FAO Office

Uzbekistan adopts measures to organize activities of FAO Office

05.12.2014

The Government of Uzbekistan issued a resolution “On measures on organization of organization of activities of the Office of the Food and Agriculture Organization of the United Nations” on 26 November 2014. Read moreĽ

Feasibility Study for Purchasing Macaroni Production Equipment

Feasibility Study for Purchasing Macaroni Production Equipment

22.10.2014

Macaroni has become every day and quite popular trimming in our country.In order to establish a production enterprise relatively small amount of money is needed.† Read moreĽ

Higher Business School under the Cabinet of Ministers of Uzbekistan will prepare MBA specialists

Higher Business School under the Cabinet of Ministers of Uzbekistan will prepare MBA specialists

15.10.2014

According to the Decree, Higher Business School will be an independent higher educational institution for the training for institutions of economic management, small business and private entrepreneurship highly qualified specialists in the field of business management and corporate governance. Read moreĽ

Uzbekistan and FAO signed a cooperation agreement

Uzbekistan and FAO signed a cooperation agreement

08.10.2014

The new program provides a basis for technical assistance of FAO to Uzbekistan in cooperation with resource partners, private sector and other national and international organizations. Read moreĽ

Managersí internship in EU: application deadline announced!

Managersí internship in EU: application deadline announced!

07.10.2014

Attention, attention, attention! MTP has announced deadline for applying MTP manager’s internship in EU for private enterprises.† Read moreĽ

Eid al-Adha Muborak!

Eid al-Adha Muborak!

04.10.2014

Dear Friends! We sincerely wish you all the best on Eid al-Adha!

Read moreĽ

Uzbek scientists invented new method of tubers drying

Uzbek scientists invented new method of tubers drying

03.10.2014

Scientists from Tashkent State Technical University after Abu Rayhon Beruniy have invented new method of tubers drying.† Read moreĽ

ADB cuts its forecast on Uzbekistanís GDP growth for 2014-2015

ADB cuts its forecast on Uzbekistanís GDP growth for 2014-2015

26.09.2014

Asian Development Bank (ADB) decreased its forecast on growth of gross domestic product (GDP) of Uzbekistan for 2014 and 2015. Read moreĽ

Feasibility study for opening a logistics company

Feasibility study for opening a logistics company

25.09.2014

Year after year demand for freight services increase. This type of freight services is very profitable especially in the sphere of import-export of goods.† Read moreĽ

Bizplan.uz became prize-winner of Mit.uz Internet contest

Bizplan.uz became prize-winner of Mit.uz Internet contest

24.09.2014

Our first participation in National Contest and the first high price! Bizplan.uz was granted a 3rd place in “The Best Web-site Reflecting Economic Potential of Uzbekistan” nomination. Read moreĽ

Uzbekistan uses investments for US $6.7 bn in 1H

Uzbekistan uses investments for US $6.7 bn in 1H

17.09.2014

Uzbekistan used investment into fixed capital for US$6.7 billion in US dollar equivalent in the first half of 2014, which rose by 12.8% year-on-year. Read moreĽ

Uzbekistan produces agriculture products for 15.31 trln. soums in 1H

Uzbekistan produces agriculture products for 15.31 trln. soums in 1H

13.09.2014

In January-June 2014, the gross agricultural output of Uzbekistan made up 15.311 trillion soums, which rose by 6,9% year-on-year, of which output of plant-growing – 8.736 trillion soums (+7,1%) and that of animal husbandry Ė 6.575 trillion soums (+6,7%). Read moreĽ

Clothing Manufacture Feasibility Study

Clothing Manufacture Feasibility Study

10.09.2014

Today there are a lot of clothing manufactures with up to date equipment operating on Uzbekistan market. The business plan developed by Bizplan.uz provides for production of two types of goods which are T-shirts and polo shirts.† Read moreĽ

IFC starts activities on introduction of food safety standards in Uzbekistan

IFC starts activities on introduction of food safety standards in Uzbekistan

28.08.2014

The International Finance Corporation (IFC), private finance arm of the World Bank, held a seminar on introduction of internationally recognized standards of food products safety for heads and specialists of food enterprises of Uzbekistan.

Read moreĽ

Designs of barcodes for products can be ordered via Single portal

Designs of barcodes for products can be ordered via Single portal

28.08.2014

The Barcoding center of the Uzstandard Agency is now accepting orders for its services via the Single state interactive services portal. Read moreĽ

Small industrial zones to be opened in Uzbekistan

Small industrial zones to be opened in Uzbekistan

19.08.2014

Small industrial zones are going to be opened in some regions of Uzbekistan soon. They are intended for small business and private entrepreneurship entities and will make it possible for them to carry out projects on easy terms. Read moreĽ

Entities licensing costs get lower

Entities licensing costs get lower

07.08.2014

In order to be brought in balance with the Decree of the President of the republic of Uzbekistan Ļ DP–2164 (ŌŌ-2164) as of April 15, 2014, the Decree of the Cabinet of Ministers of the Republic of Uzbekistan Ļ 196 as of July 2014 makes changes to the normative legal documents regulating licensing activity.

Read moreĽ

Feasibility study for opening a soybean meal trading enterprise

Feasibility study for opening a soybean meal trading enterprise

06.08.2014

This business plan is a final document of a research of trade system of Russian Federation carried out with the aim of developing a feasibility study for opening a soybean meal trading enterprise. Read moreĽ

Uzbekistan changes monitoring procedure of foreign trade operations of local companies

Uzbekistan changes monitoring procedure of foreign trade operations of local companies

31.07.2014

Starting from September 1, 2014, the procedure of registration of foreign trade contracts at authorized banks will be abolished. This decision was approved by the decree of the Government as of July 21, 2014. Read moreĽ

Feasibility study for opening a sheep farm

Feasibility study for opening a sheep farm

30.07.2014

The characteristic feature of modern sheep breading is the increasing significance of mutton compared to wool hence more and more attention is paid to development of precocious meat and wool sheep breeding.† Read moreĽ

Happy Ad Eidl-Fitr!

Happy Ad Eidl-Fitr!

28.07.2014

Happy Ad Eidl-Fitr!

Read moreĽ

Uzbekistanís GDP grows by 8.1% in 1H

Uzbekistanís GDP grows by 8.1% in 1H

21.07.2014

Gross domestic product (GDP) of Uzbekistan grew by 8.1% in the first half of 2014 Read moreĽ

Maximum term of validity of certificate of electronic signatures prolonged

Maximum term of validity of certificate of electronic signatures prolonged

12.07.2014

The maximum term of the validity of the certificate of electronic signature was prolonged twice in Uzbekistan. Read moreĽ

Businesses can submit complaints via Single Interactive State Services Portal

Businesses can submit complaints via Single Interactive State Services Portal

30.06.2014

Business entities can now submit complaints on violation of their rights via the Single Interactive State Services Portal (my.gov.uz). Read moreĽ

S&P points out stability of Uzbekistan banking system

S&P points out stability of Uzbekistan banking system

20.06.2014

On 18 June, 2014, Central Bank of Uzbekistan along with Standard & Poor’s international rating agency held a seminar dedicated to receiving of international ratings by commercial banks of Uzbekistan.

Read moreĽ

WB: Uzbekistanís GDP to grow by 7% in 2014

WB: Uzbekistanís GDP to grow by 7% in 2014

14.06.2014

Economy of Uzbekistan will grow by 7% in 2014, according to new report of the World Bank “Global Economic Perspectives”, released today. Read moreĽ

Meet us at Agromintech-2014 in Tashkent!

Meet us at Agromintech-2014 in Tashkent!

30.05.2014

We are glad to inform you that Bizplan.uz and our partners Bioprox (cultures for dairy products), IKF-Uzbekistan (laboratory equipment for dairy industry) and Shvedoff (rubber mats for farms) are taking part in Agromintech-2014, and Agrotechash-2014 which are to take place on 3-6 June in Tashkent UzExpoCentre. Read moreĽ

Draft law ďOn commercial secretĒ discussed in Tashkent

Draft law ďOn commercial secretĒ discussed in Tashkent

19.05.2014

Tashkent hosted a roundtable on 14 May to discuss draft law “On commercial secret”. Read moreĽ

Law-abiding taxpayers not to be inspected until 2017

Law-abiding taxpayers not to be inspected until 2017

12.05.2014

President of Uzbekistan Islam Karimov with his decree prolonged till 2017 moratorium for tax inspection of financial and economic activities of small businesses, which pay taxes and other obligatory payments in time, as well as record sustainable growth and profitability. Read moreĽ

Managersí internship in EU: have time to apply!

Managersí internship in EU: have time to apply!

01.05.2014

“Management Training Programme (MTP) - Strengthening of potential of Uzbekistan small business enterprises managers” (hereinafter referred to as Project) announces call for internship in EU companies. The Project is financed by the EU and is held in cooperation with Chamber of Commerce and Industry of the Republic of Uzbekistan. Read moreĽ

Uzbekistan uses capital investments for US$2.5bn in 1Q

Uzbekistan uses capital investments for US$2.5bn in 1Q

30.04.2014

In the result of active implementation of investment policy and speeding up commissioning of modern objects and capacities, the volume of used capital investments in Uzbekistan reached US$2.5 billion in the first quarter of 2014. Read moreĽ

Uzbekistanís GDP makes up 25.764 trln. soums in 1Q

Uzbekistanís GDP makes up 25.764 trln. soums in 1Q

23.04.2014

The volume of gross domestic product (GDP) of Uzbekistan made up about 25.764 trillion soums in the first quarter of 2014, or grew by 7.5% year-on-year, according to preliminary data. Read moreĽ

Licorice root processing factory feasibility study

Licorice root processing factory feasibility study

17.04.2014

Licorice root is becoming more and more competitive product on world market. Nowadays it is used in many manufactories and its popularity is only growing. The tendency of returning to natural products and ingredients provides large opportunities for use of licorice root.† Read moreĽ

President obliges state structures to work with entrepreneurs more efficiently

President obliges state structures to work with entrepreneurs more efficiently

14.04.2014

On April 7, 2014, President of Uzbekistan signed a decree “On additional measures to further improvement of investment climate and business environment in Uzbekistan” which defines the program of business development in 2014-2015. Read moreĽ

Land tax allowance for shepherds and veterinary abolished

Land tax allowance for shepherds and veterinary abolished

05.04.2014

From April 1, 2014, land tax allowance for shepherds, horse herd wranglers, machine operators, veterinarians, technicians and other specialists (physical persons) in the sphere of outrun animal husbandry is abolished. Read moreĽ

Legal entities to get permission to open accounts abroad

Legal entities to get permission to open accounts abroad

26.03.2014

The Government of Uzbekistan approved a regulation on order of issuing permissions to open foreign and national currency accounts at the banks abroad by legal entities – residents of Uzbekistan. Read moreĽ

Uzbek opens trade house in Latvia Ė report

Uzbek opens trade house in Latvia Ė report

24.03.2014

Specialized foreign trade company Uztadbirkorexport opened new trade house - SIA Uzbekistan Trading House – in Riga, Latvia Read moreĽ

Russian Duma passes protocol on accession of Uzbekistan to free trade zone

Russian Duma passes protocol on accession of Uzbekistan to free trade zone

22.03.2014

State Duma of Federal Council of Russia passed a law “On ratification of protocol on use of the agreement on free trade zone from 18 October 2011 between its member states and Uzbekistan” at its session on 21 March 2014. Read moreĽ

Payment agents banned to levy commissions from payers

Payment agents banned to levy commissions from payers

19.03.2014

The Government of Uzbekistan banned payment agents to levy any payments (extra charges) for their services. Read moreĽ

Uzbek banks to issue 7.5 trln. soums to small businesses in 2014

Uzbek banks to issue 7.5 trln. soums to small businesses in 2014

14.03.2014

Commercial banks of Uzbekistan are planning to issue 7.5 trillion soums of loans to small and private businesses due to all sources of finances, the press service of the Central Bank said. Read moreĽ

Feasibility study for construction of metal goods workshop

Feasibility study for construction of metal goods workshop

13.03.2014

High demand for metal doors, gates, and gratings in Uzbekistan has been observed since long ago. Obviously, the primary factor for purchasing metal doors and gratings is safety. † Read moreĽ

Uzbekistan produces agriculture products for 30.85 trillion soums in 2013

Uzbekistan produces agriculture products for 30.85 trillion soums in 2013

12.03.2014

In January-December 2013, the agricultural output of Uzbekistan made up 30.849 trillion soums or grew by 6.8% year-on-year.

Read moreĽ

Bizplan.uz specialists to participate in ďAgroComplexĒ exhibition in Ufa

Bizplan.uz specialists to participate in ďAgroComplexĒ exhibition in Ufa

10.03.2014

On March 11-14, 2014 Bizplan.uz specialists and partners will take part in XXIV international specialized exhibition “AgroComplex” which takes place in Ufa, Bashkortostan Republic, Russia Read moreĽ

Dairy and meat farm construction feasibility study

Dairy and meat farm construction feasibility study

05.03.2014

In 2013 one of the largest plants in our country purchased 300 Simmental heifers in Europe. Bizplan.uz, on its turn prepared all essential calculations.† Read moreĽ

Trucks purchase feasibility study

Trucks purchase feasibility study

26.02.2014

Nowadays transport industry of Uzbekistan consists of more than 400 motor transport enterprises involved in freight services. The quantity of small and average sized enterprises owning small number of vehicles has increased with the development of market relations.† Read moreĽ

Uzbekistan records leasing services for 805bn soums

Uzbekistan records leasing services for 805bn soums

25.02.2014

Leasing companies of Uzbekistan signed 6,690 agreements with total volume of over 805.2 billion soums in 2013, which grew by 36% year-on-year.

Read moreĽ

Excavator purchase feasibility study

Excavator purchase feasibility study

25.02.2014

Banks of Uzbekistan continue to finance project in sphere of construction. One of such projects is purchase of wheel excavator by one of Bizplan.uz clients Read moreĽ

ToT: free trainings from leading business trainers of Europe in Tashkent

ToT: free trainings from leading business trainers of Europe in Tashkent

19.02.2014

At MTP information seminar (February 14, 2014, Tashkent) possibilities for trainers of trainers in management sphere to take trainings held by leading business trainers from Europe in Tashkent were presented. Read moreĽ

FREE study courses in Europe. Requirements: knowledge of foreign language and your business

FREE study courses in Europe. Requirements: knowledge of foreign language and your business

19.02.2014

At MTP information seminar held on February 14, 2014, in Tashkent possibilities for managers of small and private business from different spheres of economy to take study courses in Europe were presented. Read moreĽ

Information seminar on management to take place in Tashkent

Information seminar on management to take place in Tashkent

13.02.2014

On February 14, 2014, information seminar under EU MTP project “Strengthening of potential of Uzbekistan small business enterprises managers – Training for trainers” will take place in Silk Road A conference hall in Dedeman Hotel, Tashkent.

Read moreĽ

World Bank continues supporting agricultural diversification in Uzbekistan

World Bank continues supporting agricultural diversification in Uzbekistan

12.02.2014

The World Bank and the Government of Uzbekistan signed a loan agreement for a US$40 million IDA Credit as an Additional Financing to the Uzbekistan Second Rural Enterprise Support Project (RESP 2).

Read moreĽ

Uzbekistan starts to register businesses via Internet

Uzbekistan starts to register businesses via Internet

07.02.2014

New mechanism of the state registration of small and private businesses via internet with use of electronic digital signature has been launched in Uzbekistan.

Read moreĽ

New packing of ďKamilkaĒ yoghurt

New packing of ďKamilkaĒ yoghurt

27.01.2014

“Kamilka Products”, Ltd., is going to produce yoghurt in new packing in nearest future as representatives of the company have told to our Marketing Department recently. Read moreĽ

Uzbekistan introduces changes to legislation on foreign investors

Uzbekistan introduces changes to legislation on foreign investors

22.01.2014

Uzbekistan introduced changes to the legislation, regulating relations with foreign investors. On 20 January, the President of Uzbekistan Islam Karimov signed a law “On introduction of changes and amendments to some legislative acts of Uzbekistan”. Read moreĽ

Changes in small business crediting procedure

Changes in small business crediting procedure

09.01.2014

Under the resolution of Central Bank Board “Regulations on crediting procedure in national currency for subjects of small entrepreneurship” were approved. Read moreĽ

Food industry of Uzbekistan attracted $30.3 million of foreign investments

Food industry of Uzbekistan attracted $30.3 million of foreign investments

02.12.2013

During the first nine months of 2013 the food industry sphere brought investments worth about $30.3 million.† Read moreĽ

Registration of business can be made via Internet

Registration of business can be made via Internet

18.11.2013

From now on registration of the business entities in Uzbekistan can be carried out personally or via Internet. The applications, submitted via Internet, should be signed with electronic signature of the applicant, the resolution stated. Read moreĽ

Uzbekistan uses investments for 19.3 trln. soums in Jan-Sep

Uzbekistan uses investments for 19.3 trln. soums in Jan-Sep

04.11.2013

Uzbekistan used investments at the size of 19.3 trillion soums in nine months of 2013, which rose by 12.5% year-on-year, a publication of Ministry of Economy and State Statistics Committee of Uzbekistan, published in local media, said.

Read moreĽ

Training center feasibility study

Training center feasibility study

01.11.2013

For those people who can’t find work in the field, for those who want to achieve new knowledge or “strengthen” the one they have small training centers are a good way out from a situation when it is urgent to find the job but there is no time or means for long-term study.† Read moreĽ

Uzbekistan population consumes more cheese, butter and dairy goods of domestic production

Uzbekistan population consumes more cheese, butter and dairy goods of domestic production

26.10.2013

In January-September of 2013 share of food industry in total volume of industrial production made 13.2%. Read moreĽ

Uzbekistan exports food industry products per $ 313.6 million

Uzbekistan exports food industry products per $ 313.6 million

24.10.2013

According to State Statistics Committee of the Republic of Uzbekistan food industry produced goods per 5,779.4 billion soums in January- September of the current year or 8.6% more compared to the same period of the last year.

Read moreĽ

Banks issue 5.6 trln. soums to small and private businesses

Banks issue 5.6 trln. soums to small and private businesses

23.10.2013

Commercial banks of Uzbekistan issued loans for 5.6 trillion soums to small and private businesses in nine months of 2013, which rose 1.3 times year-on-year. Read moreĽ

Chinese Eximbank to issue US$300m to construction of PVC complex in Uzbekistan

Chinese Eximbank to issue US$300m to construction of PVC complex in Uzbekistan

04.10.2013

Export-Import Bank of China is planning to issue a loan for US$300 million to Uzbekistan till the end of 2013 to construction of a chemical complex for production of polyvinyl chloride (PVC) on the basis of Navoiazot. Read moreĽ

Entertainment center feasibility study

Entertainment center feasibility study

02.10.2013

The aim of another business plan developed by Bizplan.uz team is reasoning of financial viability and payback of entertainment center equipment situated in one of shopping centers of our town. Read moreĽ

Five airports of Uzbekistan to receive international status

Five airports of Uzbekistan to receive international status

02.10.2013

Under the Decree of Cabinet of Ministers of the Republic of Uzbekistan as of September 23, 2013, airports of Andijan, Namangan, Fergana, Karshi, and Termez will be opened for international flights. Read moreĽ

III Central Asian Trade Forum

III Central Asian Trade Forum

25.09.2013

III CENTRAL ASIAN TRADE FORUM will be held on October 9th and 10th, 2013, in Rixos Almaty Hotel, Almaty, Republic of Kazakhstan. Read moreĽ

US firms to investment into Uzbekistan

US firms to investment into Uzbekistan

19.09.2013

The US-Uzbekistan Annual Business Forum was held in Washington, the United States, Jahon news agency reported. The American-Uzbekistan Chamber of Commerce (AUCC) organized the event. Read moreĽ

Uzbekistan and China to produce excavators

Uzbekistan and China to produce excavators

16.09.2013

Administration of Uzbekistan Railways and Chinese XCMG signed articles of association of a joint venture for production of excavators on September 7 in Tashkent.

Read moreĽ

Nestle Uzbekistan launches chocolate milk cocktail NESQUIK

Nestle Uzbekistan launches chocolate milk cocktail NESQUIK

09.09.2013

Nestle Uzbekistan, an Uzbek-Swiss joint venture, officially launched its new product in Uzbekistan – chocolate milk cocktail NESQUIK Ė on 8 September 2013. Read moreĽ

Uzbekistan produces agriculture goods for 12.943 trillion soums

Uzbekistan produces agriculture goods for 12.943 trillion soums

04.09.2013

The volume of agriculture production of Uzbekistan made up 12.943 trillion soums in January-June 2013, which grew by 7.3%year-on-year, the State Statistics Committee of Uzbekistan said. Read moreĽ

Some veterinary preparations to fall in price

Some veterinary preparations to fall in price

27.08.2013

The List of Primary Products for production of veterinary preparations which are exempted from VAT on import was approved. Read moreĽ

Mehr Nuri Foundation offers grants to businesspeople, farmers

Mehr Nuri Foundation offers grants to businesspeople, farmers

21.08.2013

Master-classes for all interested in launching entrepreneurship activities and farms have been held across Uzbekistan on 2-19 August 2013. Read moreĽ

Dumper purchase feasibility study

Dumper purchase feasibility study

19.08.2013

Having studied specificity of the business, Bizplan.uz team developed feasibility study for purchase of dumper for a construction company. Read moreĽ

Dairy and beef cattle purchase feasibility study

Dairy and beef cattle purchase feasibility study

13.08.2013

Having studied specificity of the business, Bizplan.uz team developed feasibility study for purchase of 93 head of dairy and beef cattle of Simmental breed from Europe. Read moreĽ

Small businesses get loans for 4.3 trln. soums

Small businesses get loans for 4.3 trln. soums

12.08.2013

Commercial banks of Uzbekistan issued loans for 4.3 trillion soums to small businesses, which grew 1.3 time year-on-year. Read moreĽ

Vehicle purchase feasibility study

Vehicle purchase feasibility study

08.08.2013

Having studied specificity of the business, Bizplan.uz team developed feasibility study for receipt of the loan for purchase of a bus and 3 “Gazel” minibuses for transportation of passengers. Read moreĽ

Food industry of Uzbekistan has increased production volume by 3.7 trillion soums

Food industry of Uzbekistan has increased production volume by 3.7 trillion soums

02.08.2013

The implementation of measures to stimulate the increase of domestic manufacturing of consumer goods, raising competitiveness of the produced goods in Uzbekistan contributed to the increase in food industry. Read moreĽ

Aggregate capital of Uzbek banks exceeds 6.3 trln. soums

Aggregate capital of Uzbek banks exceeds 6.3 trln. soums

01.08.2013

Aggregate capital of commercial banks of Uzbekistan made up 6.3 trillion soums as of 1 July 2013, which grew by 23.53% compared to the same period of 2012 (5.1 trillion soums).

Read moreĽ

Uzbekistan uses investments for 12.1 trln. soums in 1H

Uzbekistan uses investments for 12.1 trln. soums in 1H

31.07.2013

Uzbekistan used investments for 12.1 trillion soums in the first half of 2013, which rose by 10.5% year-on-year. Read moreĽ

In the first half of 2013 the GDP of Uzbekistan grew by 8%

In the first half of 2013 the GDP of Uzbekistan grew by 8%

30.07.2013

According to the preliminary data, during the reporting period GDP of Uzbekistan, comparing to the same period of 2012 increased by 8.0%. Read moreĽ

Number of cattle in Uzbekistan makes up 10.3m heads

Number of cattle in Uzbekistan makes up 10.3m heads

24.07.2013

Number of cattle in Uzbekistan reached 10.3 million heads in the first half of 2013, which rose by 5.1% year-on-year, the publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan reported. Read moreĽ

Statistic reporting in electronic form

Statistic reporting in electronic form

23.07.2013

Under Decree of the Statistics Committee (registered by the Ministry of Justice on July 17, 2013) “Regulations on order of provision of state statistic reporting in electronic form with the use of digital signature” were adopted. Read moreĽ

New service: Professionals on Bizplan.uz

New service: Professionals on Bizplan.uz

22.07.2013

We are glad to inform you that from now Bizplan.uz offers you new service – Professionals on Bizplan.uz. Read moreĽ

New section: Prices of cultured milk foods

New section: Prices of cultured milk foods

18.07.2013

We are glad to inform you that a new section is now available on our web-site – Prices Map Ė where you can find out prices for dairy goods in Tashkent and what and where to buy.

Read moreĽ

New service: SMS from Bizplan.uz

New service: SMS from Bizplan.uz

17.07.2013

We are glad to inform you that from now Bizplan.uz offers you new service – SMS from Bizplan.uz. Read moreĽ

Air tickets to be sold in foreign currency to residents of Uzbekistan

Air tickets to be sold in foreign currency to residents of Uzbekistan

16.07.2013

According to Decree Ļ189 of the Cabinet of Ministers of the Republic of Uzbekistan as of June 28, 2013, air tickets for international routes with departure point in Uzbekistan will be sold to residents of Uzbekistan in foreign currency starting from July 15, 2013. Read moreĽ

Milk Collection Center. Business Plan Example

Milk Collection Center. Business Plan Example

07.06.2013

This business plan is a final document of the research carried out by two consulting firms (hereinafter referred to as Consortium) in milk production and collection sphere as a part of project feasibility study for creation of milk collection center (MCC). Read moreĽ

Nestle Uzbekistan JV launched new production line of dairy products

Nestle Uzbekistan JV launched new production line of dairy products

06.06.2013

Nestle Uzbekistan officially launched new line of dairy products on Uzbekistan market under Nestlé® trade mark as reported in company’s press release.

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List of Milking Equipment Suppliers in Uzbekistan

List of Milking Equipment Suppliers in Uzbekistan

15.03.2013

With the help of the list of official suppliers of milking equipment of world leading companies in Uzbekistan you can find milking equipment most suitable for you taking into consideration technological requirements and financial capabilities more easily. † Read moreĽ

Practical guideline for preparing business plan is published to aid entrepreneurs

Practical guideline for preparing business plan is published to aid entrepreneurs

08.02.2013

A guideline titled "Practical Guideline for Preparing Business Plan" in Uzbek language has been developed for start-ups and experienced entrepreneurs in Uzbekistan. Read moreĽ

Uzbekistan and China to create free industrial zone in Jizzakh region

Uzbekistan and China to create free industrial zone in Jizzakh region

23.01.2013

The Government of Uzbekistan is planning to create third free industrial zone in Jizaakh region, which will be founded in cooperation with China.

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EBRD: Uzbekistanís economy to grow by 7% in 2013

EBRD: Uzbekistanís economy to grow by 7% in 2013

22.01.2013

According to the report “Regional Economic Prospects in EBRD Countries of Operations”, the gross domestic product (GDP) of Uzbekistan will grow by 7% in 2013.

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Bizplan.uz Specialists to attend ďAgroFermaĒ Exhibition in Moscow

Bizplan.uz Specialists to attend ďAgroFermaĒ Exhibition in Moscow

14.01.2013

On February 5-7, 2013, Bizplan.uz staff and business partners will attend “AgroFarm” Exhibition which takes place in All-Russian Exhibition Hall in Moscow.† Read moreĽ

Uzbekistan creates electronic database of investment projects

Uzbekistan creates electronic database of investment projects

06.12.2012

Uzbekistan developed an electronic system of forming and management of single database of investment projects.†

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Uzbekistan produces agriculture goods for 18.042 trillion soums

Uzbekistan produces agriculture goods for 18.042 trillion soums

15.11.2012

In January-September 2012, the total volume of agricultural output in Uzbekistan reached 18.042 trillion soums or grew by 7.1% year-on-year, the State Statistics Committee of Uzbekistan said Read moreĽ

Milk Collection Center to be launched in Namangan

Milk Collection Center to be launched in Namangan

12.11.2012

Center for Milk Collection is being established in rural part of Namangan region for further processing and production of finished commodities.† Read moreĽ

Enterprises of Navoi FIEZ produce goods for 47.7bn Soums

Enterprises of Navoi FIEZ produce goods for 47.7bn Soums

09.11.2012

In nine months of 2012, eleven enterprises, operating at Navoi free industrial and economic zone, produced goods for 47.7 billion soums.† Read moreĽ

The share of small business in Uzbekistanís GDP reached 51%

The share of small business in Uzbekistanís GDP reached 51%

08.11.2012

During first nine months of 2012 the share of small business in Uzbekistan’s GDP reached 51% compared to 50.5% last year, as stated in the Report prepared by State Statistics Committee and Ministry of Economics of the Republic of Uzbekistan Read moreĽ

Korea-Uzbekistan: Conference on Technologies Exchange in Agriculture

Korea-Uzbekistan: Conference on Technologies Exchange in Agriculture

15.10.2012

On October 15, 2012, an South Korea-Uzbekistan Conference on Technologies Exchange in Agriculture took place in International Hotel, Tashkent, Uzbekistan Read moreĽ

Uzbekistan to join CIS free trade zone

Uzbekistan to join CIS free trade zone

02.10.2012

Uzbekistan can access to free trade zone in the CIS by the end of 2012, the executive secretary of the CIS Sergey Lebedev said on 28th of October.†

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Dairy Essentials, Babcock Institute

Dairy Essentials, Babcock Institute

19.09.2012

We start publishing Dairy Essentials, technical guidelines for dairy farmers. This work is the result of cooperation and research of Babcock Institute for International Dairy Research and Development, University of Wisconsin-Madison, USA.† Read moreĽ

Conference on Small Business to Take Place in Tashkent

Conference on Small Business to Take Place in Tashkent

06.09.2012

On September 12-14 the Conference “On the role and importance of small business and entrepreneurship in the implementation of socio-economic policy in Uzbekistan” will take place in Symposium Palace in Tashkent. †

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Small businesses produce 42.6% of Uzbekistanís GDP in 1H

Small businesses produce 42.6% of Uzbekistanís GDP in 1H

23.08.2012

The share of small business in the total volume of GDP of Uzbekistan was 42.6% in January-June 2012, which is 0.4 percentage points more year-on-year, the State Statistics Committee of Uzbekistan said.

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Uzbekistan to start assembly of new buses Samauto LE 60

Uzbekistan to start assembly of new buses Samauto LE 60

18.08.2012

Samarkand Automobile Plant (SamAuto) will start production of new model of low-floor 8 meter city bus Samauto LE 60 in the fourth quarter of 2012.†

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Entrepreneurs can open bank accounts without signature card notarization

Entrepreneurs can open bank accounts without signature card notarization

14.08.2012

From now on all entrepreneurs can open bank accounts without signature card to be notarized. †

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Payments for Bizplan.uz Services via Paynet

Payments for Bizplan.uz Services via Paynet

07.08.2012

We’d like to inform you that a new section named “Buy Solutions” has been opened on our web-resource. Payments can be carried out with Paynet System. † Read moreĽ

Sugar factory to be built in SIZ Angren

Sugar factory to be built in SIZ Angren

16.07.2012

Uzbekistan Government decided to build new sugar factory on the territory of Special Industrial Zone “Angren” (SIZ Angren).† Read moreĽ

Uzbekistan produces 7.17 million tons of grain

Uzbekistan produces 7.17 million tons of grain

16.07.2012

Grain-growers of Uzbekistan harvested 7.17 million tons of grain in 2012, the President of Uzbekistan Islam Karimov said in his congratulation letter to dehkans and farmers. Read moreĽ

Unexpected checkup of milk sellers, individual entrepreneurs and private individuals

Unexpected checkup of milk sellers, individual entrepreneurs and private individuals

13.07.2012

Milk and dairy goods sellers who trade in inappropriate places and without necessary documents can undergo unexpected checkup. From July 16, 2012, sellers of milk, individual entrepreneurs and private individuals, who sell daily tonnes of milk across Uzbekistan, risk their profitable business.†
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Microcredits for Livestock Farming within Three Days

Microcredits for Livestock Farming within Three Days

31.05.2012

Decree of Executive Board of Central Bank of Uzbekistan made some changes and additions to the Regulation “On On procedure of allowance of purpose mictocredits by commercial banks to households and dekhkans for development of livestock farming.”† Read moreĽ

Small businesses produce 39.9% of Uzbekistanís GDP in 1Q

Small businesses produce 39.9% of Uzbekistanís GDP in 1Q

22.05.2012

Share of small business in the total volume of GDP of Uzbekistan made up 39.9% in January-March 2012, which grew by 0.9 percentage points year-on-year.†

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Uzbek populationís deposits reach 3.52 trln. Soums

Uzbek populationís deposits reach 3.52 trln. Soums

19.05.2012

As of 1 April 2012, the volume of deposits of individual-residents in commercial banks on local and foreign currency accounts was 3.52 trillion Soums and increased in comparison with the beginning of the current year by 7.4% (243.5 billion Soums).†

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Uzbekistan to create another special industrial zone: SIZ Angren

Uzbekistan to create another special industrial zone: SIZ Angren

16.04.2012

Uzbekistan will create a special industrial zone “Angren” (SIZ Angren) in Tashkent region. President of Uzbekistan Islam Karimov signed a decree ďOn creation of special industrial zone ďAngrenĒ on 13 April 2012.†

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Uzbekistan banks to provide microcredits to Dekhkan households

Uzbekistan banks to provide microcredits to Dekhkan households

06.04.2012

On September 30, 2012, Uzbekistan Central Bank’s decree “On Regulation Statement of the pattern of microcrediting from commercial banks to personal subsidiary plots for growing agricultural products” came into effect.†

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CIS Economic Board supports Uzbekistanís membership in the CIS Free Trade Zone

CIS Economic Board supports Uzbekistanís membership in the CIS Free Trade Zone

26.03.2012

“The issue was considered by restricted council, it was decided to support Uzbekistan’s intensions to bring this question to the next Political Executives Council Session,” said Segrey Lebedev, representative of CIS Executive Board. †

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Embassy of Israel to hold presentation of new technologies

Embassy of Israel to hold presentation of new technologies

15.03.2012

Embassy of Israel is organizing a seminar-presentation, which will be held on 19 March 2012 (09.00 a.m.) at the Hotel Dedeman in Tashkent. The topic of the event is "Innovative ways of problem solving in agricultural sector" and it is directed at promoting the 18th Agricultural exhibition – Agritech-2012.

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Skilfully developed business plan is an important step to success

Skilfully developed business plan is an important step to success

14.03.2012

During 10-12 March, a three-day training course on "Developing a business plan and marketing" for start–up entrepreneurs, representatives of local communities, as well as representatives of business support institutions was held in Namangan city.†

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Agriculture equipment of LEMKEN brand to be produced in Uzbekistan

Agriculture equipment of LEMKEN brand to be produced in Uzbekistan

13.03.2012

Chirchiqqishloqmash OJSC and Germany’s LEMKEN GmbH & Co. KG created a joint venture LEMKEN Chirchiq, which will produce tillage and other types of agriculture equipment under the trademark LEMKEN.†

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Uzbek banks to issue about 4.5 trln Soums to business development

Uzbek banks to issue about 4.5 trln Soums to business development

12.03.2012

Commercial banks of Uzbekistan will issue 4.5 trillion Soums of loans to business entities in 2012, of which over 843 billion Soums will be microloans. According to the Central Bank of Uzbekistan, preferential loans at the size of 28.3 billion Soums will be issued to finance business plans of graduates of the professional colleges.

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Leasing deals for 484bn Soums inked in Uzbekistan in 2011

Leasing deals for 484bn Soums inked in Uzbekistan in 2011

12.03.2012

Over 6,000 leasing deals worth 484 billion soums were signed in Uzbekistan in 2011, a session of the Uzbekistan Lessors Association said. Aggregate leasing operations portfolio exceeded 1.25 trillion Soums. The volume of leasing services grew by 10% year-on-year in 2011.

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Khalq Bank to start issuing of VISA cards

Khalq Bank to start issuing of VISA cards

13.02.2012

State joint stock commercial Khalq Bank of Uzbekistan (People’s Bank) has been received to VISA International as associated member at the meeting of Regional Operational Committee in Singapore.†

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Tashkent hosted business forum for entrepreneurs and bankers

Tashkent hosted business forum for entrepreneurs and bankers

06.02.2012

On February 3, the State Conservatory of Uzbekistan held a business forum of entrepreneurs and bankers on "Entrepreneurship: a base of a strong family". It was organized by the Central Bank of the Republic of Uzbekistan and Tashkent city administration.† Read moreĽ

Uzstroymateriali enterprises produce goods for 1.036 trln. Soums

Uzstroymateriali enterprises produce goods for 1.036 trln. Soums

06.02.2012

Total production volume of the enterprises of Uzstroymaterialy (Uzbek Construction Materials) made up 1.036 trillion soums in 2011.†Narodnoye Slovo newspaper reported that Uzbekistan produced 6.7 million tonnes of cement, 124 million lists of roofing slates, 346 million units of construction glasses and 72 million units of wall materials in 2011.†

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State Statistics Committee reserves 53,000 firm names

State Statistics Committee reserves 53,000 firm names

27.01.2012

State Committee of Uzbekistan on Statistics reserved over 53,000 firm names via Internet in 2011, the press service of the committee said. The committee said that in 2011 via its website, the State Statistics Committee received over 77,000 applications for reservation of firm names.

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Number of Uzbek population reaches 29.55m people

Number of Uzbek population reaches 29.55m people

23.01.2012

As of 1 January 2012, number of population of Uzbekistan made up 29.55 million people, the President of Uzbekistan Islam Karimov said at the session of the Cabinet of Ministers of Uzbekistan.†

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Forecasts of Uzbekistan's GDP growth in 2012

Forecasts of Uzbekistan's GDP growth in 2012

22.01.2012

According to the UN report World Economic Situation and Prospects 2012 (WESP), Uzbekistan will record one of the highest economic growth rates in the Commonwealth of Impendent States (CIS) in 2012 and 2013.†

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IFC trade finance program promotes growth of Uzbekistanís small businesses

IFC trade finance program promotes growth of Uzbekistanís small businesses

IFC, a member of the World Bank Group, extended its first trade credit line under the Global Trade Finance Program to Asaka Bank to promote the growth of micro, small and medium enterprises in Uzbekistan.IFC’s Global Trade Finance Program (GTFP) supports trade in emerging markets by providing partial or full guarantees for individual trade transactions backed by IFCís triple-A rating. Read moreĽ

Uzbekistan produces 3,000 tonnes of honey in 2011

Uzbekistan produces 3,000 tonnes of honey in 2011

Uzbekistan produced over 3,000 tonnes of honey products in 2011. It was announced at the roundtable titled “Development of beekeeping in Uzbekistan”. The event was organized by the Chamber of Commerce and Industry of Uzbekistan on 11 January 2012.

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Uzbekistanís GDP increases by 8.3% in 2011 Ė Islam Karimov

Uzbekistanís GDP increases by 8.3% in 2011 Ė Islam Karimov

The growth of gross domestic product (GDP) of Uzbekistan made up 8.3% in 2011, the President of Uzbekistan Islam Karimov stated in his New Year congratulation letter to people of the country.†Islam Karimov said: “We have all foundation to state that outgoing year, despite some difficulties and ordeals, overall was fruitful and successful for our country and people.”†

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Uzbekistan creates techno park in sericulture

Uzbekistan creates techno park in sericulture

Uzbekistan started to implement a project on creation of techno park, which will specialize on production of silk Vodiy Ipagi (Valley Silk). The project is implemented on the base of former Atlas joint stock company.

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Synthetic fuel plant to be built in Uzbekistan

Synthetic fuel plant to be built in Uzbekistan

In early December 2011 Technip was awarded by Uzbekistan GTL LLC an extension of the existing reimbursable services contract, for the front-end engineering design of GTL plant located 40 kilometers south of Qarshi, Uzbekistan. The estimated capacity is 1.4 million metric tonnes per year and the product range is GTL diesel, kerosene, naphtha and liquid petroleum gas. Read moreĽ

The share of small business in GDP to reach 54% in 2011

The share of small business in GDP to reach 54% in 2011

Experts of the Ministry of Economy of Uzbekistan predict an increase of the share of small business in GDP up to 54%, in industrial production - 22.9%, the investments up to 30% and in providing paid services to population up to 48% in 2011. Read moreĽ

Uzbek banks issue 3.2 trln. soums to small businesses in Jan-Sep

Uzbek banks issue 3.2 trln. soums to small businesses in Jan-Sep

Commercial banks of Uzbekistan issued loans for 3.2 trillion soums in nine months of 2011 to expand the volume of preferential loans, issued to subjects of entrepreneurship. The growth rate made up 1.5 times year-on-year.

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HP opened an office in Uzbekistan

HP opened an office in Uzbekistan

Hewlett-Packard opened an office in Uzbekistan. Eldar Fattakhov was appointed Director General of HP in Uzbekistan.

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Uzbekistan uses investments for US$7.2bn in Jan-Sep 2011

Uzbekistan uses investments for US$7.2bn in Jan-Sep 2011

The volume of investments in fixed capital in Uzbekistan made up US$7.2 billion in January-September 2011, or grew by 12% compared to the same period of 2010, the State Statistics Committee of Uzbekistan said.

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Uzbekistan to establish Food Industry Association

Uzbekistan to establish Food Industry Association

The President of the Republic of Uzbekistan has approved the founders of new organization “Food Industry Association.” Its aim is coordination of enterprises of oil and fat industry, meat and dairy industry, and flavor and fragrance industry. Read moreĽ

Uzbekistan produces industrial goods for 29.922 trln. Soums in Jan-Sep 2011

Uzbekistan produces industrial goods for 29.922 trln. Soums in Jan-Sep 2011

Production of industrial goods in Uzbekistan grew by 7% year-on-year in nine months of 2011 and reached 29.922 trillion soums, the State Statistics Committee of Uzbekistan.†

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Arbitration Court and Business

Arbitration Court and Business

Arbitration courts play an important role in the development and protection of small business and entrepreneurship in Uzbekistan. Arbitration court is an alternative system for entrepreneurs to solve problems.†

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100 MW Wind Power Station to be Built in Tashkent

100 MW Wind Power Station to be Built in Tashkent

State Joint-Stock Company “Uzbekenergo” announced its plans about development of green energy. One of the promising projects is the building of 100 MW wind farm which was mention during business forum on CDM and RE held recently in Tashkent. †

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Fitch Places OJSC Agrobank on Rating Watch Negative

Fitch Places OJSC Agrobank on Rating Watch Negative

October 31, 2011, international rating agency Fitch Ratings placed OJSC Agrobank's ratings on Rating Watch Negative (RWN) including Long-term foreign currency IDR: 'B-' and long-term local currency IDR: 'B'. Read moreĽ

The number of registered legal persons in Uzbekistan is 522.9 thousand, as of October 1, 2011

The number of registered legal persons in Uzbekistan is 522.9 thousand, as of October 1, 2011

According to the Uniform State Business Register, the number of registered legal persons in Uzbekistan is 522.9 thousand, as of October 1, 2011, 490.3 thousand or 93.8% of all registered enterprises are operating ones.†

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Share of non-state sector in Uzbekistanís GDP makes up 79.6% in Jan-Sep 2011

Share of non-state sector in Uzbekistanís GDP makes up 79.6% in Jan-Sep 2011

The volume of gross domestic product (GDP), according to the preliminary estimation, was 52.583 trillion soums at current prices in January-September 2011 or grew by 8.2% compared to January-September 2010.†

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Shareholders of RBS O'zbekiston MB approve deal with Korean KDB

Shareholders of RBS O'zbekiston MB approve deal with Korean KDB

Shareholders of Royal Bank of Scotland O'zbekiston MB approved transfer of shares of Royal Bank of Scotland Group Plc (RBS) in favour of Korea Development Bank (KDB).†

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Collective purchase service Megaskidka.uz is launched in Uzbekistan

Collective purchase service Megaskidka.uz is launched in Uzbekistan

Megaskidka.ua is a new project for collective purchase on Uznet. It can help to save lots of money on goods and services. †

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Uzbekistanís economy to grow by 8.2% in 2012 Ė government forecast

Uzbekistanís economy to grow by 8.2% in 2012 Ė government forecast

The Government of Uzbekistan expects that the growth of the gross domestic product (GDP) of the country will make up 8.2% in 2012. This figure has been laid at the State Budget of Uzbekistan for 2012.†

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GM Opens Engine Plant in Uzbekistan

GM Opens Engine Plant in Uzbekistan

General Motors and its local joint venture partner UzAvtosanoat today opened a new state-of-the-art engine plant in Tashkent, 400 kilometers from the automakers’ vehicle manufacturing facility in Asaka. It represents GMís most significant powertrain investment in Central Asia.†

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IMF forecasts high rates of economic growth of Uzbekistan in the midterm prospect

IMF forecasts high rates of economic growth of Uzbekistan in the midterm prospect

An International Monetary Fund mission led by Mrs. Veronica Bacalu, Deputy Division Chief in the IMF Middle East and Central Asia Department, visited Tashkent on November 2−15, 2011 to conduct discussions in the context of the Article IV consultation.† Read moreĽ

Wages, pensions, stipends and social allowances in Uzbekistan to increase 1.1-fold

Wages, pensions, stipends and social allowances in Uzbekistan to increase 1.1-fold

President of Uzbekistan signed a decree "On increasing the salaries, pensions, stipends and social allowances" on November 3, 2011. As stated in the document, in order to further steady increase of income and living standards, social support of citizens of the republic, salaries of employees of budgetary institutions and organizations, pensions and social allowances and stipends will be increased by 1.1 times on the average since December 1, 2011.†
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Earthquake in Uzbekistan

Earthquake in Uzbekistan

On November 7, 2011, at about 5 p.m. Tashkent time an earthquake was registered in Uzbekistan. The earthquake magnitude in the capital was 2 points. †

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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 moreĽ

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 moreĽ

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 moreĽ

Germanyís Knuaf launches plant on gypsum boards production

Germanyís 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 moreĽ

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 moreĽ

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