Sunday, 15, June, 2025

Business

The European Bank for Reconstruction and Development (EBRD) is stimulating domestic production in Uzbekistan of the eco-friendly building material known as glass veil by supporting the operations of Angren Group, the country’s leading producer of non-woven glass fibre and glass wool.

The Europe-Uzbekistan Association for Economic Cooperation (EUROUZ) successfully held its 2025 Annual General Meeting (AGM), bringing together over 65 members representatives. The Second EUROUZ AGM marked a significant milestone in defining the association's strategic agenda, reporting & collecting members' input on the Secretariat's work and setting priorities for the year ahead.

The German car giant Volkswagen and Uzautosanoat have signed a cooperation agreement. Martin Sander, BOD Member at Volkswagen said on LinkedIn page today.

The Europe-Uzbekistan Association for Economic Cooperation co-hosted the traditional European Business Evening & Reception with the Delegation of the European Union to Uzbekistan on the sidelines of the Tashkent International Investment Forum. The high-level gathering brought together more than 250 senior representatives of European companies, international financial institutions, and the diplomatic corps alongside leading Uzbek officials and EUROUZ members.

Today, President Shavkat Mirziyoyev addressed the meeting of the Foreign Investors Council as part of the Tashkent Investment Forum:

Today in Tashkent, the Director General of the Slovak Investment and Trade Development Agency (SARIO), Robert Simoncic made remarks at the Uzbek-Slovak Business Forum about the high interest of Slovak companies in Uzbekistan and pointed to the need to expand economic partnership.

President Shavkat Mirziyoyev hosted a delegation comprising the CEO of Al Mirqab Capital Hamad bin Jassim Al Thani and the Senior Managing Director of Blackrock Adebayo Ogunlesi Saturday.

The Director of the Agency for the Development of the Pharmaceutical Industry Abdulla Azizov met with the executives of major pharmaceutical distribution companies in Afghanistan.

A working visit of executives of AgroTech Klaster to Pakistan was organized with the support of the Ministry of Investments, Industry and Trade and the Embassy of Uzbekistan. During the trip to Lahore, the group held talks with Pakistani companies manufacturing tractors and other agricultural machinery.

Tohir Mirzajonov, a Qatar-based venture capitalist, and Mukhammad Khalil, founder of Uzbekistan’s leading venture studio Startup Garage, have announced the launch of Imkon Ventures, a $5 million early-stage fund dedicated to investingin high-growth startups across Uzbekistan and projected to create over 1000 high skilled jobs.

The seminar AI for Impact: Shaping the Future of Central Asia's Key Industries successfully brought together over 150 participants — 65 in person and 85 online—for a high-level half-day event at Tashkent.

On May 22, President of Uzbekistan Shavkat Mirziyoyev and President of Slovenia Nataša Pirc Musar attended a joint Uzbekistan-Slovenia business forum in Ljubljana, the presidential press service said.

UET Invest stroke a deal to purchase 100% stake in Avtooyna auto glass manufacturer for 200.5 billion UZS (approximately $15.5 million), the State Assets Management Agency (SAMA) said. The company is owned by UET Construction, which had previously purchased the Chirchik metal alloy plant.

Today, May 20, the SOF EXPO Samarkand exhibition complex hosted the grand opening of ECOM & Retail EXPO Samarkand — White Label Edition, a major forum dedicated to e-commerce and retail sales.

The Consul General of Uzbekistan in Novosibirsk Aslam Akbarov met with officials of the Ministry of Agriculture of the Altai Republic of Russia Saturday.

Selling gold is a common financial step, especially during economic uncertainty or personal transitions. In Uzbekistan, as in many countries, gold remains a popular asset, valued both culturally and financially. However, many gold owners fall prey to common misconceptions that can result in financial losses or missed opportunities. If you’re considering selling your gold, here are five widespread myths you should know, and the truth behind them.

One of the most anticipated international construction exhibitions and forums in the region BUILD PRO EXPO 2025, took place in Tashkent on May 3-4. This was not just a demonstration of construction innovations and technologies, but a platform where the future of the industry was shaped. For two days, leading professionals from Central Asia, Europe and Asia discussed the transformation of the construction sector, digitalization, environmental friendliness, investments and the role of human capital.

Yesterday, May 3, one of the most anticipated events in the region's construction industry, the Build Pro Expo 2025 Tashkent international exhibition and forum kicked off in the capital of Uzbekistan.

A memorandum on manufacturing of unmanned aerial vehicles was signed between the Navoi FEZ (free economic zone) Management company and a Russian First Experimental Design Bureau, the chief of the Navoi FEZ, Habib Abdullaev said.

Biz Network and Sof Expo (https://www.sofexpo.uz/buildpro-expo-tashkent/) are pleased to introduce the key speakers of Build Pro Expo 2025, who will share their experience and vision of the future of the construction industry in Uzbekistan!