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Economy 30/10/2012 Navoi-Beauty Cosmetics to export its products
Navoi-Beauty Cosmetics to export its products
Tashkent, Uzbekistan (UzDaily.com) -- Uzbek-South Korean joint venture Navoi-Beauty Cosmetics, which specializes on production of cosmetic products, will start to export its products this year, deputy chairperson of the State joint company "Uzkimyosanoat" Riskivoy Yakubov said.

Riskivoy Yakubov said that the company plans to produce goods for 0.9 billion soums in 2012 compared to 0.5 billion soums in 2011.

Uzkimyosanoat representative said that the joint venture also plans to export the first party of cosmetic products.

He said that the volume of sales of cosmetics is low, as the company works on marketing research. The products of the venture are also unknown in the market.

Navoi-Beauty Cosmetics has been founded in cooperation with South Korean company DK Cosmetics. The venture is located in Navoi free industrial and economic zone.

The venture will produce 18 types of ready products. Hygienic certificate and certificate of conformance were received for products. According to the feasibility study, the capacities of the venture make up 3.24 million goods a year.

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