Joint production of modern equipment for the energy sector of Uzbekistan was discussed in Budapest

The Ambassador of Uzbekistan Oybek Shakhavdinov met with the CEO of the Hungarian company ‘‘GANZ-KK’’ Gerge Szabo, the correspondent of ‘‘Dunyo’’ news agency reports.

The meeting discussed the issues of establishing joint production of modern equipment for the energy sector of Uzbekistan and the participation of the company’s representatives in a business forum to be held on October 17-18 in the city of Kokand.

It was emphasized that ‘‘GANZ-KK’’ plans to expand its scope of activities and raise international cooperation to a new level. The company’s representatives focused on attracting young talents, automation and digitalization in the production process. Proposals for the development of specialized and unique joint projects were discussed.

The management of the Hungarian company reported that at this stage, the demand for its products in Uzbekistan is being studied, and the next stage involves studying the possibility of organizing production with Uzbek partners, creating a joint venture and direct investment in the regions of Uzbekistan.

Following the meeting, an agreement was reached to organize a visit of ‘‘GANZ-KK’’ representatives to Uzbekistan on October 17-18 to hold negotiations with potential partner organizations in the country.