Joint-stock company Uztransgaz and Italian company Ariston Thermo International created a joint venture Ariston Thermo - UTG at Free Industrial-Economic Zone (FIEZ) Navoi.



They founded the joint ventura at FIEZ Navoi to implement investment project of “Organization of production of modern domestic heating and hot water boilers in the amount of 60,000 units.\"

In the first phase of the investment project, Ariston Thermo - UTG will invest 2 million euros. It is planned that the venture will produce 10,000 units of boilers in the first year.

Within the project, it is planned to localize the production and increase the capacities, which will create new jobs. (Source: Uzdaily.com)