A new production line of MaxCopper, supported by the European Bank for Reconstruction and Development, has been launched in Tashkent.
The project was presented to the First Vice President of the EBRD, Gregoire Gaetjens, and the Head of the Bank's Representative Office in Uzbekistan, Andi Aranitasi. It is noted that such initiatives strengthen the country's industrial potential and provide access to international markets.
The EBRD has allocated up to EUR 10 million in financing to the enterprise. The funds will be used to expand production and purchase raw materials, including copper cathodes. This will increase production volumes and ensure the stable operation of the enterprise amid growing demand.
MaxCopper specializes in the production of copper pipes and fittings for heating, ventilation, and air conditioning systems. The main part of the production is focused on export to Europe and neighboring countries. The project is seen as an important step in diversifying industry and introducing modern quality standards.
Now on home
Solar and wind power plants have reduced gas consumption and emissions of harmful substances
The program will help local companies certify and promote products abroad
Rating Increase Coincides with Record Growth in Foreign Trade and Investment
A modern laboratory aircraft with high-precision equipment is used for the work
The growth of digital payments confirms the popularity of cards and QR codes
The main driver of growth was fully electric vehicles
Efekta is a modern AI-powered educational platform
Electricity supply to consumers amounted to 20.163 billion kWh
Bakhodir from Bukhara moved to San Francisco at the age of 20 and attracted half a million dollars for his startup
Experts assessed the progress and recommended strengthening the infrastructure and tools for market participants
New rules introduce biometrics, device control, and instant response to suspicious activity
Meeting of ministers and company leaders opens the way for the development of microelectronics