UzSungwoo
Established in April 2011 through cooperation between Uzavtosanoat and South Korea’s Sungwoo Hitech, UzSungwoo manufactures stamped and welded automotive components in Fergana. Its original $14 million charter capital was divided equally between the partners, with each holding a $7 million share.
In 2022, the enterprise commissioned a hot-stamping and metal heat-treatment workshop valued at $10 million. The project enabled local production of 20 types of components for Chevrolet Tracker and Onix vehicles, expanding the company’s manufacturing capabilities.
Privatisation disclosures reported net profit of 146.59 billion soums as of 1 October 2025 and an average workforce of 1,060 employees. These figures support its inclusion as an example of foreign participation in an established, profitable manufacturing business in Uzbekistan.
On 1 June 2026, Roodell won the auction for the state’s 50% stake with a bid of 585.82 billion soums. This figure represents the price offered for an existing ownership stake and should be distinguished from investment in production facilities.