UKEF enters Uzbekistan markets with €12.6m deal

Posted on 3 Oct 2024 by The Manufacturer
Smelter at Almalyk Mining and Metallurgical Complex (credit AMMC)
Smelter at Almalyk Mining and Metallurgical Complex (credit: AMMC)
UK Export Finance (UKEF) has closed its first deal in Uzbekistan by guaranteeing a €12.6m loan that supports export opportunities for a subsidiary of Scottish multinational, Weir. This loan, provided by an international bank, allows Almalyk Mining and Metallurgical Complex – based near Tashkent, Uzbekistan – to refinance its purchase of fully automated machinery from…

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