List of companies of Uzbekistan

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Location of Uzbekistan Uzbekistan na globuse.svg
Location of Uzbekistan

Uzbekistan is a doubly landlocked country in Central Asia. Uzbekistan's economy relies mainly on commodity production, including cotton, gold, uranium, and natural gas. Despite the declared objective of transition to a market economy, its government continues to maintain economic controls which imports in favour of domestic "import substitution".[ citation needed ]

Contents

For further information on the types of business entities in this country and their abbreviations, see "Business entities in Uzbekistan".

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active     State-owned     Defunct
NameIndustrySectorHeadquartersFoundedNotes
Avialeasing IndustrialsDelivery services Tashkent 1992Cargo airline
Central Bank of Uzbekistan FinancialsBanks Tashkent [1] 1991National bank
GM Uzbekistan Consumer goodsAutomobiles Asaka 2008Automobiles, joint with General Motors (US)
MAN Auto-Uzbekistan Consumer goodsAutomobiles Tashkent 2009Automobiles, joint with MAN Truck & Bus (Germany)
Navoi Mining and Metallurgy Combinat (NMMC)Basic materialsGeneral mining Navoiy 1958Uranium, gold and silver
SamKochAvto IndustrialsCommercial vehicles & trucks Samarkand 1999Buses, joint with Koç Holding (Turkey)
Tashkent Aviation Production Association IndustrialsAerospace Tashkent 1932Aircraft production
Uzbekistan Airways Consumer servicesAirlines Tashkent 1992Airline
Uzbekneftegaz Oil & gasExploration & production Tashkent 1992State oil and gas
Uz-DaewooAuto Consumer goodsAutomobiles Asaka 1992Joint with Daewoo Motors, defunct 2008

See also

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The economy of Kyrgyzstan is heavily dependent on the agricultural sector. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. According to Healy Consultants, Kyrgyzstan's economy relies heavily on the strength of industrial exports, with plentiful reserves of gold, mercury and uranium. The economy also relies heavily on remittances from foreign workers. Following independence, Kyrgyzstan was progressive in carrying out market reforms, such as an improved regulatory system and land reform. In 1998, Kyrgyzstan was the first Commonwealth of Independent States (CIS) country to be accepted into the World Trade Organization. Much of the government's stock in enterprises has been sold. Kyrgyzstan's economic performance has been hindered by widespread corruption, low foreign investment and general regional instability. Despite those issues, Kyrgyzstan is ranked 70th on the ease of doing business index.

Uzbekistan Country in Central Asia

Uzbekistan, officially the Republic of Uzbekistan, is a double-landlocked country in Central Asia. It is surrounded by five landlocked countries: Kazakhstan to the north; Kyrgyzstan to the northeast; Tajikistan to the southeast; Afghanistan to the south, Turkmenistan to the south-west. Its capital and largest city is Tashkent. Uzbekistan is part of the Turkic languages world, as well as a member of the Organisation of Turkic States. Uzbek language is the majority-spoken language in Uzbekistan. Islam is the predominant religion in Uzbekistan, most Uzbeks being Sunni Muslims.

Economy of Uzbekistan National economy

Since independence, the economy of Uzbekistan continues to exist as a Soviet-style command economy, with a slow transformation to a market economy. The progress of governmental economic policy reforms has been cautious, but cumulatively Uzbekistan has shown respectable achievements. Its restrictive trade regime and generally interventionist policies continue to have a negative effect on the economy. Substantial structural reform is needed, particularly in these areas: improving the investment climate for foreign investors, strengthening the banking system, and freeing the agricultural sector from state control. Remaining restrictions on currency conversion capacity and other government measures to control economic activity, including the implementation of severe import restrictions and sporadic closures of Uzbekistan's borders with neighboring Kazakhstan, Kyrgyzstan, and Tajikistan have led international lending organizations to suspend or scale back credits.

Tashkent Capital of Uzbekistan

Tashkent, or Toshkent, also historically known as Chach, is the capital and largest city of Uzbekistan, as well as the most populous city in Central Asia, with a population in 2021 of 2,694,400. It is in northeastern Uzbekistan, near the border with Kazakhstan.

Uzbek Soviet Socialist Republic Constituent Republic of the Soviet Union

Uzbekistan is the common English name for the Uzbek Soviet Socialist Republic and later, the Republic of Uzbekistan, that refers to the period of Uzbekistan from 1924 to 1991 as one of the constituent republics of the Soviet Union. It was governed by the Uzbek branch of the Soviet Communist Party, the legal political party, from 1925 until 1990. From 1990 to 1991, it was a sovereign part of the Soviet Union with its own legislation. Sometimes, that period is also referred to as Soviet Uzbekistan.

Olmaliq Town in Tashkent Region, Uzbekistan

Olmaliq is a district-level city in the Tashkent Region of central Uzbekistan, approximately 65 km east of Tashkent. It is located at latitude 40° 50' 41N; longitude 69° 35' 54E; at an altitude of 585 meters.

Namangan Region Region of Uzbekistan

Namangan Region is one of the regions of Uzbekistan, located in the southern part of the Fergana Valley in far eastern part of the country. It is on the right bank of Syr Darya River and borders with Kyrgyzstan, Tajikistan, Tashkent Region, Fergana Region, and Andijan Region. It covers an area of 7,440 km2. The population is estimated to be 2,931,056 (2022), with 35% of the population living in rural areas. The great river Syrdarya, the main waterway in Central Asia, starts in the territory of Namangan. Syrdarya is formed from inflows of the rivers Naryn and Kara Darya. The Namangan region is very rich in various natural resources. In particular, the region extracts oil in Mingbulak District and big gold and diamond deposits have been discovered in Kosonsoy and Pop Districts. There are also large deposits of uranium, silver, aluminum, tungsten, iron, copper, granite, and marble, among others. There are two big mountain tunnels connecting the Fergana valley with the inner city area and other regions of the country, located in the territory of Namangan.

Tashkent Mechanical Plant

Tashkent Mechanical Plant (TMZ), formerly Tashkent Aviation Production Association named after V. P. Chkalov is a leading high-technology company of Uzbekistan, which was originally moved from Russia to the rear of the Soviet Union, Uzbekistan in 1941 during World War II.

United States–Uzbekistan relations Bilateral relations

American–Uzbek relations formally began when the United States recognized the independence of Uzbekistan on December 25, 1991, and opened an embassy in Tashkent in March 1992. U.S.-Uzbekistan relations developed slowly and reached a peak following the U.S. decision to invade Afghanistan following the September 11, 2001 attacks. Relations cooled significantly following the "color revolutions" in the former Soviet republics of Georgia, Ukraine, and Kyrgyzstan in 2003–2005, and the Government of Uzbekistan sought to limit the influence of U.S. and other foreign non-governmental organizations (NGOs) working on civil society, political reform, and human rights inside the country.

The Tashkent State University of Economics is one of the largest higher education establishments in the sphere of economics in Uzbekistan and in Central Asia. It is the former Tashkent Institute of Economics. The university includes:

National Bank of Uzbekistan

National Bank of the Republic of Uzbekistan for Foreign Economic Activity' Joint Stock Company, same as the National Bank of Uzbekistan (NBU) is universal commercial bank of Uzbekistan. It is the largest bank of Uzbekistan in the volume of assets combining the functions of project financing, universal commercial, investment and savings banks.

Cotton production in Uzbekistan

Cotton production in Uzbekistan is important to the national economy of the country. It is Uzbekistan's main cash crop, accounting for 17% of its exports in 2006. With annual cotton production of about 1 million ton of fiber and exports of 700,000-800,000 tons, Uzbekistan is the 8th largest producer and the 11th largest exporter of cotton in the world. Cotton's nickname in Uzbekistan is "white gold".

Tashkent Institute of Irrigation and Agricultural Mechanization Engineers, formerly Tashkent Institute of Irrigation and Melioration (TIIM) or TIIAME is a unique university in Central Asia, which works for the development of the water industry, and supplies the country with professionals in this field. Tashkent Institute of Irrigation and Agricultural Mechanization Engineers plays a huge role in the development of Uzbekistan economy and industry. Every year, talented students graduate from this university. Tashkent Institute of Irrigation and Agricultural Mechanization Engineers is located in the Republic of Uzbekistan, Tashkent city, Kari Niyozov street, 39-house.

The Tashkent Automobile and Road Construction Institute was established in Tashkent, Uzbekistan to cover the high demands for professionals in the transportation and automobile field.

Science and technology in Uzbekistan examines government efforts to develop a national innovation system and the impact of these policies.

South Korea–Uzbekistan relations Diplomatic relations between South Korea and the Republic of Uzbekistan

South Korea-Uzbekistan relations are the international relations between South Korea and Uzbekistan.

References

  1. Central Bank of the Republic of Uzbekistan: Private Company Information - Businessweek