Artel Electronics is the leading household appliances producer in Uzbekistan, with a domestic market share of over 50 percent.

Masdar pledged to supply electricity to Uzbekistan’s unified energy grid at "record low tariffs" for 25 years.

Uzbekistan said last week it planned to place two tranches of Eurobonds in dollars and soums, worth a total of $870 million on the London Stock Exchange.

The dollar tranche will be issued for a period of 10 years, and the soum tranche for 3 or 5 years. The organisers of the issue are Citi, Gazprombank, J.P. Morgan and MUFG.