Advertisement

Telegram ads for your business · TCA Media

CBU ratesUSD12 023.46▼ 42.76EUR13 461.47▲ 17.29RUB149.44▼ 0.30CNY1 807.33▼ 4.03KZT26.49▼ 0.14GBP16 146.30▲ 70.48As of 31.10.2026

Advertisement

Telegram ads for your business · TCA Media

Namangan Region Signs Agreement with Gamma Meccanica Worth $105 Million

The planned areas include industrial projects, plastic waste recycling, and the application of energy-saving technologies.

02 Nov, 17:37

The investment agreement was formalized during a working visit to Italy. The negotiations were preceded by a meeting between Gamma Meccanica’s leadership and a delegation from Namangan Region, led by hokim Shavkatjon Abdurazzokov.

The company manufactures equipment for the production of mineral wool and XPS panels, as well as for plastic waste recycling. During the meeting with its president, Andrea Burini, participants discussed the development of the region’s industry and the potential application of Gamma Meccanica’s technologies.

Advertisement

Telegram ads for your business · TCA Media

Read also

Uzbekistan and Eurasian Development Bank Discuss Investments in Mining Sector

Azerbaijani Company to Conduct Gold Exploration in Kashkadarya

Industrial production in Uzbekistan grew by 8.1% over 9 months

Small Business Accounted for 53.8% of Uzbekistan's GDP Over 9 MonthsNYT Investigation: Nvidia CEO's Inner Circle May Be Linked to Chinese IntelligenceUzbekistan Received $15.2 Billion in Remittances from Abroad in 9 MonthsApple overtook Nvidia and became the world's most valuable company againRussia imposes three-month restriction on petrochemical exportsAgencies to receive 1.5 million soums for each Uzbek citizen employed abroadThe Illusion of Big Profits: What Lies Behind Anthropic’s IPO Filing ReportUzbekistan and Eurasian Development Bank Discuss Investments in Mining SectorFuture spending by five tech giants on AI exceeds $3 trillionOPEC+ Seven to Maintain Current Oil Production Quotas in DecemberWall Street Analysts Name Three Best Stocks for Betting on AIUzbekistan produced 7 billion 230.2 million kWh of electricity in OctoberUzbekistan Negotiates Gasoline and Diesel Purchases from Chinese CompaniesAnthropic Acquires Startup With One Employee Developing AI-Assisted DrugsCameras to become more expensive too: Canon plans to shift rising costs onto customersOpenAI CEO dissatisfied that users keep RAM for themselves instead of giving it to data centersGeely Auto Financial Report: Car Sales in China Barely ProfitableMinistry of Transport presents Economic Strategy for Transportation until 2030Apple cuts staff in its Siri, Vision Pro, Immersive Video and Gaming teamsGraphics card prices rise worldwide for the third month, with growth reaching 35%Intel shares plunge 23% as net income fallsUzbekistan to Receive Over €100 Million for Land Restoration and Agricultural DevelopmentUzbekistan enters top 5 countries in poverty reductionUzbekistan and Turkey to Establish Supreme Council for Business SupportHackers breached Binance and stole $6.3 billionTraditional search still brings Google more revenue than AI servicesPartnership with OpenAI Brings Microsoft Up to $40 Billion AnnuallyOxfam Report: World's Wealthiest Profit Twice by Polluting the AtmosphereCash payments to be phased out on commuter trains and intercity busesEuropean Central Bank President Christine Lagarde announces resignationSamsung's Operating Profit in Q3 Grew by 783% Due to Demand for AI ChipsTrump-approved Russian diesel may end up in Cuba instead of the U.S.Boeing Disrupts 2026 Delivery Schedule, Shares Drop 10%Azerbaijani Company to Conduct Gold Exploration in KashkadaryaBYD now employs more staff than Toyota, GM, Ford, and Tesla combinedUzbekistan's oil and petroleum product imports increase by 6%Uzbekistan aims to attract approximately $1 billion through Islamic finance by 2030S&P 500 nears historic high thanks to Broadcom and NvidiaKyrgyz section of China–Kyrgyzstan–Uzbekistan railway will be 22% complete by the end of 2026Uzbekistan Creates $2.7 Billion Portfolio of Medical Investment ProjectsA competitor to Visa and Mastercard begins operating in EuropeInternational Energy Agency warns of prolonged global crisisIndustrial production in Uzbekistan grew by 8.1% over 9 monthsZimbabwe's platinum boom — yet no clean water, roads, or schoolsTaxes on Property and Land Near Reservoirs to Be Reduced by 50% for Tourism BusinessesTokayev: 'In winter we buy electricity at a high price, but in summer we sell it much cheaper'Uzbekneftegaz Discovers Five Gas Fields in Nine MonthsNamangan University signs $1 million contract with Hungarian firmSaudi Aramco Offers Europe Discounted Oil Amid Export RecoveryAmerican Startup to Unveil SpaceX Falcon 9 Replacement for Launching 20,000 Orbital Data CentersU.S. Crude Oil Inventories Defy Analysts' ExpectationsWorld Bank and ADB to allocate over $300 million for modernization of power grids in UzbekistanSK Hynix, AI Memory Manufacturer: Demand Will Outpace Supply Until 2030Uzcard and Humo to be connected to Apple Pay as wellUzbekistan and Germany to Expand Cooperation in Veterinary Medicine and Livestock FarmingUzbekistan Launches 330 Pharmaceutical Facilities Worth $1 BillionUzbekistan Explores Launching Freight Trains to Turkey, Latvia, and IraqAverage salary in Uzbekistan reaches 7.3 million soums, while median salary is 4.2 millionUzbekistan Adopts Roadmap for Development of Islamic Finance for 2026–2030Fitch Assesses Uzbekistan's Chances of Obtaining Investment Rating by 2030Uzbekistan Introduces Sugar Import QuotaPotential damage from landslides in Central Asia estimated at $3.59 billionIntel CEO helped raise $30 million for a startup designed to unite hundreds of neocloudsSaudi Arabia to Store Oil in Singapore Starting Second Half of 2027Chinese Companies Plan to Purchase Uzbekistan's Silk ProductsMicrosoft Offers 60,000 Employees Voluntary Redundancy with Financial CompensationAnthropic Files for IPOFAO develops technical capacity of dehkan and household farms in the Fergana ValleyUzbekistan Begins Connecting Apple PayBrazilian stock market plunges after Lula da Silva wins presidential electionMeta Plans to Raise Up to $95 Billion for Artificial Intelligence DevelopmentTashkent to spend 4 billion soums on kindergarten and road repairsUpper 6 GHz: A Strategic Spectrum Resource for the Future of Mobile ConnectivityExhibition 'Mining, Metallurgy, and Metal Processing – MiningMetals Uzbekistan 2026' to Launch on October 27EU Plans to Restrict Imports from China of Chemicals, Equipment, and FurnitureSupermarkets in Pakistan to Open 'Made in Uzbekistan' SectionsUzbekistan Issues First License for Islamic BankingUzbekistan Studies Malaysian Experience in Microchip Production and DesignDedicated Bus Lanes Begin Construction on Two More Capital StreetsUzbekistan and SCO States to Develop Water-Saving AgricultureSolar Power Plant in Jizzakh Region Saves 239.2 Million Cubic Meters of GasScandal erupts around Iman Invest over accusations of violating Islamic finance normsProject for Glass Product Manufacturing Underway in Navoi RegionCentral Bank of Uzbekistan denies rumors about issuing a 1 million sum banknoteNvidia Conference Identifies Three Key Problems in the AI MarketEU Regulators Investigate Booking.com OperationsNatural gas prices in Europe surge to highest level since 2022Tashkent Region and Powerscape Global sign memorandumDamage to Ukrainian Armed Forces Due to Starlink Restrictions Reaches $1 MillionFirst tanker with Russian diesel dispatched to the U.S.More than 200 trucks are queued to leave Russia for GeorgiaFrance Sends Euro Crisis SignalsSulton Tex Plans to Invest $87 Million in Projects in KashkadaryaRecord cotton harvest in UzbekistanTashkent to Conduct Inventory of Markets and Shopping ComplexesRussia seeks to establish new payment and settlement system with Asian, African and Latin American countriesA $250 million solar power plant to be built in KashkadaryaFewer documents will be required to obtain a loan in the futurePresident Launches New Investment Projects Worth $6 Billion in Kashkadarya RegionUzbekistan to Change the Procedure for Pension Appointment and PaymentU.S. National Debt Sets Historic RecordKambarata Hydropower Plant-1: Another Step Toward Its ConstructionDow Jones and S&P 500 rose on Tuesday, Nasdaq closed trading slightly lowerUzbekistan aims to produce one million tonnes of fish annuallyMicro-industrial centers in Uzbekistan to provide 7,500 jobsWorld Bank Unveils First Digital Strategy for Developing CountriesAlif Moliya from Uzbekistan lists sukuk on Astana International ExchangeUzbekistan and Italian fashion brands discuss cooperation in the textile sectorMacron agrees on monthly delivery of 200,000 tonnes of diesel fuel from UAE and BahrainUzbekistan Discusses Partnership Prospects with WabtecYield on US Treasury Bonds DeclinesOwner of Beeline Uzbekistan receives approval to acquire Perfectum with several conditionsUzbekistan and South Korean Company INPRO to Invest $20 Million in Digital Livestock FarmingEgyptian Companies Interested in Agricultural Initiatives in UzbekistanUzbekistan and Primorsky Krai of Russia plan to establish joint trade housesUzbekistan Sees 29% Increase in Demand for Export Freight Transport in Q3WB Taxi Now Operating in AndijanDirect flights may be launched between Uzbekistan and MiamiGoogle Pay Officially Launched in UzbekistanShares of Chinese CXMT Fall by Over 6%China's Economy Grew by 4.5%, but Export Surge Raises Concerns Over Global GrowthUzbekistan's textile product exports grow by 26.9%Brent rises to $106.72 per barrel