UzA English

13.07.2020

Asaka Bank: U.S. is interested in CRAFERS products

Asaka Bank: U.S. is interested in CRAFERS products
LLC CRAFERS, created with Asaka Bank’s financial assistance, has occupied its own niche not only in the local, but also in the world market in a short time.

The company produces 150 types of confectionery products. The highest quality raw materials are used along with using the most modern production equipment. Factory products have a Halal certificate. It is planned to export confectionery products to the U.S. market.

“The global market has its own principles and requirements”, says Azizkhon Amilov, Director General of the company. “We use all our capabilities to meet these standards, to produce popular and competitive products. We import raw materials used by leading world brands. We currently have buyers in Central Asia, Afghanistan, Russia, Armenia, South Korea and the Baltic states. In the future, we are planning to expand the range, deliver high-quality confectionery products to our consumers and increase the annual export volume to $3.5-4 million”.

It should be noted that Asaka Bank, in order to support the entrepreneurship of LLC CRAFERS, allocated loans in the amount of more than $43.3 million for production of confectionery products. In addition, in the current pandemic, in order to maintain profitability of production from April to September of the current year, the company provided benefits on credit payments of almost $8 million. Currently, 800 people, mostly youth, are employed at the enterprise.

The annual tax amount of LLC CRAFERS is 38 billion UZS. The production capacity of the company is about 2 thousand 400 tons per month. The annual production volume is 47,500 tons.

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