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Research   >   Countries, regions reviews   >   Uzbekistan

Uzbekistan


In this issue:

2 Laws & Legislations
2 Politics and Economics
2 Uzbekistan improves inspection system of business entities
2 Uzbekistan posts 7.6% GDP growth in 1Q 2011
3 Industry News
3 Kyrgyzstan repays natural gas debt to Uzbekistan
3 World Bank issues US$93m loan to Uzbek health project
3 Uzbekneftegaz meets Petronas and Delta Oil officials
3 Pakistan plans import of cotton from Uzbekistan
4 Banking
4 Moody's affirms B1/NP/E+ of Alokabank; stable outlook
4 Moody's affirms B1/NP/E+ ratings of Qishloq Qurilish Bank; stable
outlook
4 Alokabank’s assets rose by 48.1% y-o-y in 1Q 2011
4 InFinBank, Bystraya Pochta sign agreement
5-6 Corporate News
5 Grant Thornton International enters to valuation market of Uzbekistan
5 Maschinenfabrik Rieter to launch JV on textile equipment production
5 Uzmetkombinat produces 717,400 tonnes of steel in 1Q 2011
6 MAN Truck & Bus AG, Uzavtosanoat construct new plant in Samarkand
region
6 Uzavtosanoat, Sungwoo Hitech Company Limited found new joint
venture
6 Sovplastital records 67.987m soums of net income in 2010
6 IPO and M&A news
6 Upcoming events
7 Indicators
8 AFS-Research productline
9 AFS Research services


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In this issue:

2 Laws & Legislations
2 Politics and Economics
2 Accounts Chamber directs over 30 orders to increase income of state
budget
2 Share of small businesses in Uzbekistan's GDP to reach 54% in 2011
2 President of Uzbekistan receives Defense Minister of China
3 Industry News
3 Uzbekistan resumes gas supplies in Kyrgyzstan
3 Optic-fiber cable plant to be created at Navoi FIEZ
3 February Business Activity Index in industry sector in Uzbekistan grows
by 3.2 points
3 Uzbekistan introduces excise tax to some consumer goods
4 Banking
4 Banks invest 156bn soums in modernization of bankrupt enterprises
4 Tashkent hosts banking forum on Surgil project
4 Shareholders of Microcreditbank distribute net income for 2010
4 Central Bank of Uzbekistan keeps refinancing rate at 12% APR
4 Visa delegations pays visit to Uzbekistan
5-6 Corporate News
5 France’s Satarem to supply new equipment to Kyzylkumcement
5 LUKoil Produced $6.9Bln Cash in 2010
5 Uzbekneftegaz, Honeywell to create JV at Navoi FIEZ
5 Revenue of Vimpelcom in Uzbekistan reaches US$209.5m in 2010
6 Sasol plans to meet with Uzbekistan partners this month on proposed
plant
6 Ferghanaazot to increase charter capital to 40.547bn soums
6 GM Uzbekistan expands sales of cars in Russia
6 IPO and M&A news
Uzbekyengilsanoat issues shares for 8.873bn soums
6 Upcoming events
7 Indicators
8 AFS-Research productline
9 AFS Research services


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In this issue:

2 Laws & Legislations
2 Politics and Economics
2 State Property Committee, GIZ sign cooperation agreement
2 Economic growth of Tashkent region makes up 10.1%
2 Uzbekistan’s economy grows by 8.5% - EBRD
2 Uzbekistan appoints new state customs committee chief
3 Industry News
3 US$1.2 bln upgrade of a PE gas-chemical complex in Uzbekistan
3 Japan's Itochu says to buy uranium from Uzbekistan
3 Uzbekistan works on third line of Central Asia-China gas pipeline
3 Singapore’s Indorama signs Uzbek polyethylene deal
4 Banking
4 Uzbekistan intends to draw WB loan
4 Refinancing rate of Central Bank stays at 12% APR
4 Credit Standard Bank joins to Zolotaya Korona remittance system
4 Sumitomo Mitsui Banking Corporation, NBU sign MoU on business
cooperation
5-6 Corporate News
5 Gazprom to buy more Central Asian gas
5 LUKOIL Overseas sums up results of its works in Uzbekistan
5 GM Uzbekistan realizes 4,605 cars in Russia in January
6 Oxus Gold plc to sell its stake in AGF to Uzbek shareholders
6 Beeline appoints new Regional Development Director in Uzbekistan
6 Tethys Petroleum reports Uzbek well flows over 1,100 BOPD
6 Uzbekneftegaz to invest into gas deposits in Gazli region
6 IPO and M&A news
Generali Eyeing $300 Mln Of $3.5 Bln VTB Stake Sale
6 Upcoming events
7 Indicators
8-9 Tenders list
10 AFS-Research productline
11 AFS Research services


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In this issue:

2 Laws & Legislations
2 Politics and Economics
2 European Union to open its representative office in Tashkent
2 Emomali Rahmon appoints new ambassador to Uzbekistan
2 FRDU charter capital to reach US$10bn by 2014
2 Uzbekistan’s economy to grow by 7% in 2011 - UN report
2 President signs decree on additional measures to improve passport
system
3 Industry News
3 Uzbekistan to invest almost US$7bn to infrastructure development in
2011-2015
3 Kyrgyzstan and Uzbekistan agree on gas price
3 Uzbekistan to construct Technology Park for US$200m in 2011-2015
3 Uzbekneftegaz plans to modernize Bukhara and Ferghana oil
processing plants
4 Banking
4 Uzbekistan sets new tax rates for individuals
4 UzKDB Bank to increase charter capital to 23.643bn soums
4 Central Bank replaces license letterheads to MFOs
4 Uzbekistan to attract US$2.913bn of foreign investments in 2011
5-6 Corporate News
5 U.S. Tech firm Honeywell to make CNG equipment in Uzbekistan
5 Uzbekneftegaz, KOGAS discuss ongoing projects’ implementation in
Uzbekistan
5 Uzbekneftegaz in talks with Japan Gas Corporation delegation
5 GM To Build New Chevy Sedan in Uzbekistan
6 Gazprom increases gas purchases from Central Asia by 2% in 2011
6 Uzbekneftegaz to purchase 100 gas filling compressor stations in 2011
6 BFM Group Ukraine develops business-plan for Uzbekistan
6 Russian-Uzbek JV Andijancable to invest US$7.8m to production
modernization
6 IPO and M&A news
Russia's Sberbank to buy Troika Dialog to boost investment arm
6 Upcoming events
7 Indicators
8-9 Tenders list
10 AFS-Research productline
11 AFS Research services


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In this issue:

2 Laws & Legislations
2 Politics and Economics
2 Uzbekistan to adopt five-year exploration works programme
2 Uzbekistan creates State Commission on reserves of natural resources
2 IFC helps improve business environment in Uzbekistan
3 Industry News
3 Lukoil says plans to supply CNPC with gas from Uzbek project
3 NGMK to carry out geologic survey of uranium in Uzbekistan
4 Banking
3 Moody's changes outlook for Uzbekistan’s banking system to stable
3 Moody's upgrades Qishloq Qurilish Bank's deposit rating to B2
3 InFinBank's net profit comprises 2.6 billion soums in 1H 2010
5-6 Corporate News
5 VimpelCom’s net operating revenue in Uzbekistan makes up US$51.4m in 2Q
5 Ahangarancement increases cement export to 216,452 tones
5 Tashkent Tractor Plant to increase goods export by 20% in 2010
5 Feasibility study of GTL plant to be completed in 2Q FY 2011
5 Greece’s Vertical holds talks at State Property Committee of Uzbekistan
5 Uzbekneftegaz, PETRONAS ink protocol on entrance into force of PSA on Baisun block
6 IPO and M&A news
Credit Standard Bank to issue shares for 12.672bn soums
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
 


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In this issue:

2 Laws & Legislations
2-3 Politics and Economics
2 Moody's outlook for Uzbek banking system is negative
2 Uzbekistan sets new import duties for vehicles
3 Senate adopts amendments to Tax Code on gas PSA
3 Uzbekistan introduces new import duties
3 Uzbekistan utilizes investments for 6.026trln soums in 1H
4 Banking
4 Uzbekistan-based Halk Bank ‘B/B’ ratings assigned; outlook stable
4 Fitch affirms Uzbekistan’s OJSCB "Hamkorbank" at ‘B-’; outlook stable
4 Kapitalbank outlook revised to negative on diminishing cash flows in core transfer business
4 Uzbek President binds commercial banks to issue bonds for the total value of 110 billion sums
4 Agrobank's aggregate capital up by 31%, assets by 35% in 1H 2009
5 HR News
5-6 Corporate News
5 GM Uzbekistan increases car output by 0.2% in 1H
5 Navoi mining-and-metallurgical integrated works to invest US $53 million into gold ore processing
5 Revenue of Uzbektelecom increases by 15.8% in 1H
5 MAN Nutzfahrzeuge, Uzavtosanoat create venture in Samarkand
6 Development of Nishan gas condensate field starts in Uzbekistan
6 Uzbekiston Temir Yollari to modernize casting and mechanical plant
6 Uz-SeMung’s net income makes up 2.1bn soums in 2008
6 IPO and M&A news
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
 


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In this issue:

2 Laws & Legislations
2 Politics and Economics
2 ADB maintains growth projects for Uzbekistan
2 Leasing operations’ share in GDP of Uzbekistan reaches 1.1%
3 Industry News
3 Uzbekistan increases steel output by 9.4% y-o-y in January-August
3 Uzbekistan adopts measures to control electricity consumption
3 UzbekUzbekistan plans to modernize gas-distributing system
3 Forty five projects to be implemented in the pharmaceutical industry through 2011
4 Banking
4 Alp Jamol Bank’s assets exceed 108bn soums
4 Qishloq Qurilish Bank’s capital exceeds 69.202bn soums
4 Agrobank’s aggregate capital grows by 20.9% in Jan-Jul
4 Ipoteka Bank’s assets increase 19.5% in eight months
4 Infinbank assets grew 2.6 times in eight months
4 Expert RA withdraws rating of Hamkorbank
4 CBU accredits Korea’s Shinhan Bank
5 HR News
Senate appoints new head of State Nature Protection Committee
5-6 Corporate News
5 Uzavtoprom increases charter capital to 226.96bn soums
5 Uzbekistan, China create uranium joint venture
5 Knauf begins production of dry building mixtures at Bukharagips JV
6 Uzbekugol gets US$6m loan to reconstruct coal deposits
6 Uzkimyosanoat to launch tyres production in Angren
6 GM Uzbekistan car output up 5.5% on year in Jan–Aug
6 UzChasys officially opened in Namangan region
6 IPO and M&A news
VimpelCom increases its share in Unitel to 100%
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
 


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In this issue:

2 Laws & Legislations
2-3 Politics and Economics
2 Uzbekistan’s economy grows in 8.2% in 1H 2009
2 Salaries to increase by 25% from 1 August
2 Uzbekistan, Malaysia starts gas project for US$500m
3 About US$500m to be directed to creation of Navoi FIEZ
3 Business activity index planned to be introduced in Uzbekistan
3 New upsurge in inflation starts in Uzbekistan
4 Banking
4 Bank Credit Standard sums up 1H results
4 Banking system of Uzbekistan is developing steadily
4 Fitch upgrades Uzbekistan’s Agrobank and Uzpromstroybank; affirms Asaka Bank
4 Alp Jamol Bank assets grows 15% in 1H
5 HR News
5-6 Corporate News
5 American Platineum Partners to build cement plant with a capacity of 1 million tons in Uzbekistan
5 Initec to modernize Navoi thermoelectric power station
5 Uzbekneftegaz to construct gas fields in south of Uzbekistan
5 Uzbekneftgaz signs agreement on joint venture with Petronas, Sasol
6 BAT Uzbekistan increases cigarette production by 24.8%
6 Uzbekistan to expand capacity of Talimardjan thermoelectric power station
6 Uzavtoprom to pay dividends for 453.21 soums per share
6 “Akhangarancement” reports successful completion of plans
6 IPO and M&A news
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
 


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In this issue:

3 Laws & Legislations
3-4 Politics and Economics
3 Chinese-Uzbek trade turnover increases by 97.2% in Jan-Mar
3 Uzbekistan's growth among highest: IMF chief
3 Localization of auto industry reaches 60% in Uzbekistan
4 Saudi Arabia gives Uzbekistan US$5.59m loan to upgrade water pump
4 Purchasing price of wheat constitutes US $140, 22% higher than last year
4 Physical parties may import goods only for US $10 duty-free in Uzbekistan
4 Uzbekistan 08-09 cotton exports to decrease
5 Banking
5 Kapitalbank sums up results of 1Q 2009
5 Kapitalbank's deposit volume reaches 56.91bn soums
5 Agrobank introduces new deposits in hard currency
5 NBU introduces multicurrency deposit
5 Moody's assigns B1/NP/E+ ratings to Asaka Bank; stable outlook
5 NBU launches new deposits in national currency
5 HR News
6-7 Corporate News
6 KOGAS to invest US$22m in exploration in Uzbekistan
6 Uzbektelecom’s net income makes up 7.5bn soums in 1Q
6 Uzbekneftegas” to produce gas valves together with Korean company BTX
6 South Korea to invest US$2m into pharmaceutical joint venture in Navoi
6 New venture to produce PVC in Navoi
7 Production of new cement brands starts in Uzbekistan
7 Two Uzbek-Korean ventures start exploration of quartz and quartzite deposits
7 MTS Uzbekistan's subscriber base reaches 6.51m
7 GM Uzbekistan JV boosts auto output 0.1% in Jan-May
7 LG refrigerators to be produced in Samarkand
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
11 AFS-Research news
 


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In this issue:

3 Laws & Legislations
3-4 Politics and Economics
3 Main macroeconomic indicators of Uzbekistan for 1Q 2009
3 Kazakhstan, Turkmenistan, Uzbekistan refuse to sign "Nabucco" declaration
3 Uzbekistan to export over 15bn cbm of gas to Russia in 2009
3 South Korea offers Uzbekistan “New Silk Way” construction
4 Construction works for 1.22trln soums carried out in 1Q
4 Average nominal salary in Uzbekistan increases by 40.2%
4 About 27.6% of investments directed to non-production branches of economy
4 Consumer price index in Uzbekistan grows by 0.9% in 1Q
5 Banking
5 NBU says Moody's confirms its rating
5 Uzbekistan to host ADB Annual Meeting in 2010
5 Deloitte & Touche completes audit of Kapitalbank
5 Credit portfolio of People’s Bank reaches 307bn soums
5 South Korea increases values of credits to two Uzbek banks up to US $190 million
5 Bank Credit-Standard sums up 2008 results
5 HR News
6-7 Corporate News
6 Kokdumalak-Gaz commissions third unit of petroleum gas recycling plant
6 Uzbekistan, Korea create two JV in car industry
6 Swiss Zeromax intercepts the contract of Russian “Stroitransgas”
6 GM Uzbekistan JV reduces auto output 1.1% in Jan-Apr
7 Zeromax, Uzbekneftegaz create new joint venture
7 Gissarneftegaz JV commissions three new wells
7 Oman, Uzbekistan set up US$500m investment firm
7 Oxus Gold scales back Amantaytau development plans
7 Uzbekneftegaz cuts liquids production 1.4% in 4 mths
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
11 AFS-Research news

 


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