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Sep 22, 2009

TRUCKS MARKETS * Uzbekistan - Drives on

Recently, Germany's MAN Nutzfahrzeuge and Uzbekistan's state-owned UzAvtosanoat have launched a joint venture to assemble trucks in Uzbekistan

Almaty,Uzbekistan -Business new Europe, by Clare Nuttall -September 21, 2009: ... The venture, MAN AUTO-Uzbekistan, is 49% owned by MAN Nutzfahrzeuge and 51% by UzAvtosanoat. It will import components for heavy trucks from Germany and India for assembly in Uzbekistan. Output of between 500 and 1,000 vehicles a year is planned. The two companies have already carried out test projects and the first vehicles should roll off the assembly line in October... The amount that MAN Nutzfahrzeuge is investing in the venture hasn't been disclosed. However, a spokesperson for the Munich-based company said it would contribute marketable products and guarantee operative support and supply of spare parts for the joint venture; UzAvtosanoat has contributed an existing assembly plant in Samarkand... In addition to supplying the local market, the trucks assembled in Samarkand will also be sold in Tajikistan, Kyrgyzstan and possibly Kazakhstan... (Photo from avtoolam.sarkor.uz: Trucks at Sammarkand factory)

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Blogger rosshoston said...

The venture, MAN AUTO-Uzbekistan, is 49% owned by MAN Nutzfahrzeuge and 51% by UzAvtosanoat. It will import components for heavy trucks from Germany and India for assembly in Uzbekistan. Output of between 500 and 1,000 vehicles a year is planned Freight Bill Factoring is used it always........

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