Škoda Group CEO Petr Novotny took part in a business roundtable in Brussels chaired by President of Uzbekistan Shavkat Mirziyoyev. The discussions focused on deepening cooperation in the field of modernization of transport infrastructure and introduction of European technologies.
At the meeting, Škoda Group presented its strategy for entering the Uzbek market through a joint venture that will focus on three areas:
According to Petr Novotny, Uzbekistan is a promising market open to European investment, and Škoda’s plans are in line with the objectives of the new Enhanced Partnership and Cooperation Agreement and the EU’s Global Gateway strategy.
As part of the event, Uzbekistan’s Minister of Transport Ilkhom Makskamov held talks with the group’s management to discuss practical steps to develop rail and urban transport. President Shavkat Mirziyoyev praised the contribution of Škoda Group to the transfer of European technologies and expressed support for the company’s long-term participation in the country’s projects.
The initiative is being implemented in the context of the recently signed PCA between Uzbekistan and the EU, which opens up new opportunities for European businesses in the Uzbek market. Projects in the areas of transport, energy and sustainable development will be financed by the European Investment Bank with the support of the European Commission.
