Business Announcement and Updates

Joint-stock company "Avtosanoat" and the Italian company «Landi Renzo S.p.A.» created a joint venture «Avtosanoat – Landi Renzo» at “Navoi” Free Industrial-Economic Zone (FIEZ) "Navoi".

Accordingly, the founders conducted work on creation of joint venture at “Navoi” FIEZ to implement investment project of “Organization of production equipment to transfer the engine compartment on compressed natural gas in the amount of 25 000 units."

In the first phase shareholders of the joint venture investment project «Avtosanoat – Landi Renzo» will invest $ 2 million USD.

As part of the project, it provides the localization of production, with a gradual increase in its share in the development of production, and created new jobs.