Total investments of the British company British American Tobacco (BAT) in the economy of Uzbekistan since 1994 have exceeded $530 million. The company intends to continue expanding its business and, together with local partners, develop new investment projects. This was announced by BAT’s Chief Corporate Officer Kingsley Wheaton during a meeting with the Ambassador of Uzbekistan Ravshan Usmanov.
Since 2021, BAT’s Uzbek subsidiary has been operating as a regional export hub. In 2025, shipments of raw materials and finished goods abroad brought in $95 million. The company employs more than 1,000 people and is among the country’s largest taxpayers. Over the past year, it paid 3.2 trillion soums to the budget. It was also reported that the enterprise was fully privatized in 2025.
During the talks, the parties discussed further investment cooperation, as well as preventing youth access to nicotine products and implementing innovative solutions in this area. British American Tobacco was founded in 1902 and is headquartered in London. The company operates in more than 170 countries, and its revenue at the end of 2025 amounted to $34 billion.