News of BUSINESS

News of BUSINESS

BUSINESS | 11:22 / 06.07.2023

Russian court orders Jizzakh battery plant to pay nearly $2.8 million in compensation

The Jizzakh battery factory was found to have violated intellectual property rights in Russia. The appellate court left unchanged the court’s decision to collect compensation of 257.3 million rubles from the factory in favor of the Crimean businessman. The amount of the fine is almost 4 times more than the one-year net profit of the company belonging to the state of Uzbekistan.

15:05 / 10.07.2023

ADB to help modernize Uzbekistan’s power transmission grid with $125 million loan

10:40 / 10.07.2023

EBRD appoints Andi Aranitasi as new head of its office in Tashkent

14:58 / 08.07.2023

Son of ex-FM of Uzbekistan Doniyor Kamilov becomes new beneficial owner of UMMC

11:22 / 06.07.2023

Russian court orders Jizzakh battery plant to pay nearly $2.8 million in compensation

21:17 / 05.07.2023

Integration of Humo and Uzcard ATMs almost complete

17:33 / 05.07.2023

KazTransOil increases transit of Russian oil to Uzbekistan

16:24 / 05.07.2023

US dollar exchange rate hits 11,600 soums mark

10:55 / 05.07.2023

Photovoltaic plant with a capacity of 1 MW put into operation in Namangan

10:23 / 05.07.2023

TMP on the brink of bankruptcy; offshore companies left the project

09:36 / 05.07.2023

Container train departs from China to Uzbekistan on a new multimodal route

19:10 / 04.07.2023

Energy Ministers of Uzbekistan, Kazakhstan and Kyrgyzstan discuss power and water supply issues

20:53 / 03.07.2023

Inflation fell to 9% for the first time since August 2016

10:48 / 03.07.2023

UzAuto Motors to suspend production

14:01 / 01.07.2023

World Bank forecasts Uzbekistan’s economic growth for 2023-2025

22:11 / 29.06.2023

Alexey Miller, Roman Sklyar discuss organization of gas transit to Uzbekistan