Ahangarancement JSC, a cement plant in Uzbekistan integrated in the Eurocement Group holding company (Russia), received the Cup in nomination of “The Most Profitable Enterprise” in the result of 2009 among the enterprises of the Russian firm.
GM Uzbekistan, a joint venture of General Motors (GM) and Uzavtosanoat, increased car production by 5.1% year-on-year in 2009 to 205,011 units.
Almalyk Mining and Metallurgy Combine (AGMK) will modernize concentrating complex in 2009-2013, investing US$181.2 million to the project.
Prime Minister of Uzbekistan Shavkat Mirziyayev called Tajikistan to carry out independent expertise of the project on construction of Rogun hydroelectric power station, which has been started in 1980s.
Modernization of Kungrad compression station with the cost of US$39.5 million has been completed in Uzbekistan.
Lukoil, Russian oil company, started to development of Kandym field in Uzbekistan, the Russian company’s operator in Uzbekistan – Lukoil Uzbekistan Operating Company LLC – said.
Petrovietnam Exploration & Production (PVEP), a part of state oil group Petrovietnam, is to invest US$30 million to exploration of oil and gas in Uzbekistan.
Fitch Ratings has today affirmed the Kazakh City of Almaty’s Long-term foreign and local currency ratings at ‘BB+’ respectively.
SUN InBev OJSC, a Russian unit of leading brewing company in the world Anheuser-Busch InBev, entered to markets of Uzbekistan, Lithuania and Armenia. The company is sure that it can take leading positions in these actively developing markets.