UzBAT A.O. produces products for 460bn soums in 2013
27/01/2014 17:03
Alisher Bekkulbekov (left) and Mark Filimontsev
27/01/2014 17:03
Tashkent, Uzbekistan (UzDaily.com) -- British American Tobacco Uzbekistan, an Uzbek-British joint venture, (UzBAT AO) produced and realized industrial products for 460 billion soums in 2013, director-general of the company Mark Filimontsev said on 24 January 2014.
The head of the company said that the growth in comparable prices made up 7.3% year-on-year in 2013.
UzBAT AO transferred 340 billion soums of taxes and payments to the state budget (+26% year-on-year), of which 131 billion soums were excise taxes (+31% year-on-year).
State Tax Committee of Uzbekistan acknowledged UzBAT AO as one of large and responsible tax payers in Uzbekistan. It handed over a corresponding certificate to the company to recognize its contribution to development of economy of Uzbekistan.
The average number of employees (including seasonal workers) rose up to 1,490 people (+23%). In 2013, additional 33 new jobs were created, he added.
He said that the export of the products and services of UzBAT AO made up about US$18 million in 2013, which made up 45% of exports of the Association of enterprises of food industry of Uzbekistan.
Mark Filimontsev added that the enterprises exported cigarettes and tobaccos into ten countries of the world.
He said that due to realization of products of the joint venture, the distributors of the companies in 2013 accumulated and handed over to commercial banks for over 743 billion soums of cash. He added that it is significant contribution to financial sector of Uzbekistan.
Filimontsev underlined that the joint venture pays attention on localization products. He said that the enterprise realized several initiatives in this direction. In particular, it installed new technological line at Samarkand Cigarettes Fabrics and started to produce new sorts of tobacco.
UzBAT also implements several social projects. In 2013, the enterprise increased the volume of funds, directed to sponsorship and charity.
Alisher Bekkulbekov, head of department on corporate relations of UzBAT AO, said that total sum of resources directed at sponsorship activities made up 2.2 billion soums in 2013.
The company provided 175 million soums to finance education of youth from low-income families and families, engaged in production of tobacco, 172 million soums – reconstruction of artisan wells in rural areas, 162 million soums – for installation of renewable energy sources. About 1 billion soums were issued to construction of city park in Urgut city.
At the same time, the venture directed over 3.2 billion soums to the Fund for Development of Food Industry of Uzbekistan.
British American Tobacco Uzbekistan was founded on 22 November 1994. The company produces 19 brands of cigarettes. Its capacities make up 16 billion cigarettes and 8,000 tonnes of tobacco a year. The company invested over US$300 million.
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