PRESS OF UZBEKISTAN
September 28, 2016
THE JOINT UZBEK-LIECHTENSTEIN KRAV TEKS COMPANY IN OLTINKUL DISTRICT OF ANDIJAN REGION HAS PRODUCED GOODS FOR MORE THAN 8 BILLION SOUMS IN THE FIRST HALF OF 2016
(currency rates of CB RU from 28.09.2016, 1$= 3010.20 soums) The importance Uzbekistan attaches to the modernization of industrial enterprises, introduction of new technologies and development of domestic production, has been producing visible results. Favorable conditions for stable operation of regional companies have been contributing to the increase in production and export volumes year by year. For instance, the Uzbek-Liechtenstein Krav teks established processing of cotton fiber and manufacture of various knitted fabrics and finished articles.
“The company carries out projects on improving quality and expanding product range with an eye to the market demand,” says its manager Sherzodbek Karimov. “Previously, we produced fabrics of several colors. The launch of the floral print line has expanded our capacity. Now we manufacture fabrics with floral patterns and knitted articles. The customers liked the new items both for their quality and design. In the current year, we expect to export products for $5 million.”
(Source: «Uzbekistan Today» newspaper)