Tashkent, Uzbekistan, July 26
By Demir Azizov – Trend:
Rustam Rajabov has been appointed new director general of the Uzbek-American joint enterprise GM Uzbekistan, the former UzDaewooAuto, said a message posted July 26 on Uzbekistan’s Single Portal of Corporate Information (openinfo.uz).
Rajabov succeeded Tokhirzhon Dzalilov on this post. Prior to this, Rajabov was GM Uzbekistan’s Acting Director General.
GM Uzbekistan, formerly known as UzDaewooAuto, was created in 1996 on a parity basis by Uzbekistan and South Korean Daewoo Motors.
In 2005, Uzbekistan acquired Daewoo's shares in UzDaewooAuto. In 2007, Uzavtoprom (Uzbek Association of Automotive Industry Enterprises) and the US-based General Motors signed an agreement to establish the GM Uzbekistan with an authorized capital of $266.7 million.