{"version":"1","article":{"id":"uzbek-post-privatisation-loan-status-october-2026","slug":"uzbek-post-privatisation-loan-status-october-2026","language":"en","url":"https://haberpaper.com/en/news/uzbek-post-privatisation-loan-status-october-2026","api_url":"https://haberpaper.com/api/v1/articles/uzbek-post-privatisation-loan-status-october-2026?lang=en","title":"Uzbekistan Post sale and loan remain undecided","summary":"The state agency says the 92.9% stake has been transferred to it, while privatization and a proposed 100 billion soum loan remain unresolved.","category":"economy","region":"world","topics":[],"published_at":"2026-10-06T18:57:01+03:00","modified_at":"2026-10-06T18:57:01+03:00","publication_basis":"publication-record","event_period":"2026-10-03","event_period_basis":"event-or-reference-period","sources":[{"name":"State Assets Management Agency of the Republic of Uzbekistan","url":"https://gov.uz/oz/davaktiv/news/view/227585","checkedAt":"2026-10-06","publishedAt":"2026-10-03"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/uzbek-post-privatisation-loan-status-october-2026","api_url":"https://haberpaper.com/api/v1/articles/uzbek-post-privatisation-loan-status-october-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/uzbek-post-privatisation-loan-status-october-2026","api_url":"https://haberpaper.com/api/v1/articles/uzbek-post-privatisation-loan-status-october-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/uzbek-post-privatisation-loan-status-october-2026","api_url":"https://haberpaper.com/api/v1/articles/uzbek-post-privatisation-loan-status-october-2026?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/uzbek-post-privatisation-loan-status-october-2026","api_url":"https://haberpaper.com/api/v1/articles/uzbek-post-privatisation-loan-status-october-2026?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/uzbek-post-privatisation-loan-status-october-2026","api_url":"https://haberpaper.com/api/v1/articles/uzbek-post-privatisation-loan-status-october-2026?lang=es"}],"data_types":[],"data":null,"data_compilations":[],"data_downloads":[],"content":{"paragraphs":["Uzbekistan’s State Assets Management Agency said on 3 October that social-media claims that O‘zbekiston pochtasi had been privatized and had taken a 100 billion soum loan were inaccurate. The agency reported that shares previously held by state organizations, enterprises and commercial banks, representing a 92.9% state stake, had been transferred to the agency. That administrative transfer does not mean the stake was sold to a private buyer. Wildberries and Uzum Market had expressed interest in acquiring it, but no privatization documents had been completed as of the agency’s statement. Expressions of interest therefore should not be treated as a completed sale or as confirmation that a buyer had been selected.","The agency also described financial and operational pressure at the postal company. Average annual net profit over the previous three years was 800 million soum, while profitability was reported at 0.2%. Revenue in the first half of 2026 was 313.6 billion soum, down 17% from the same period a year earlier. Postal delivery of traffic-violation notices had been one of the company’s major revenue sources, but the service stopped on 16 May. The agency expected a nine-month loss of 1.7 billion soum as a result and put bank debt at 45.3 billion soum. These are figures cited in the agency’s statement; the release does not provide audited financial statements.","The statement links the rapid expansion of e-commerce to a need to modernize postal infrastructure. Preliminary estimates put the required investment in modernization and digitalization at more than 300 billion soum. The proposed work includes buying freight vehicles and electric vehicles, updating sorting-center and information-technology infrastructure, installing additional parcel lockers, and repairing postal facilities. The agency said WB INT EXPORT had offered to provide a 100 billion soum loan at a rate tied to the Central Bank’s refinancing rate. However, shareholders did not approve a loan at their extraordinary meeting on 21 September because the parties had not settled the interest rate, principal amount or repayment schedule. The agency said the matter could return for consideration once the terms are clarified. The distinction is material: the modernization need is an estimate, and the loan remains a proposal rather than completed financing."],"key_points":[],"sections":[]},"text":"The state agency says the 92.9% stake has been transferred to it, while privatization and a proposed 100 billion soum loan remain unresolved.\n\nUzbekistan’s State Assets Management Agency said on 3 October that social-media claims that O‘zbekiston pochtasi had been privatized and had taken a 100 billion soum loan were inaccurate. The agency reported that shares previously held by state organizations, enterprises and commercial banks, representing a 92.9% state stake, had been transferred to the agency. That administrative transfer does not mean the stake was sold to a private buyer. Wildberries and Uzum Market had expressed interest in acquiring it, but no privatization documents had been completed as of the agency’s statement. Expressions of interest therefore should not be treated as a completed sale or as confirmation that a buyer had been selected.\n\nThe agency also described financial and operational pressure at the postal company. Average annual net profit over the previous three years was 800 million soum, while profitability was reported at 0.2%. Revenue in the first half of 2026 was 313.6 billion soum, down 17% from the same period a year earlier. Postal delivery of traffic-violation notices had been one of the company’s major revenue sources, but the service stopped on 16 May. The agency expected a nine-month loss of 1.7 billion soum as a result and put bank debt at 45.3 billion soum. These are figures cited in the agency’s statement; the release does not provide audited financial statements.\n\nThe statement links the rapid expansion of e-commerce to a need to modernize postal infrastructure. Preliminary estimates put the required investment in modernization and digitalization at more than 300 billion soum. The proposed work includes buying freight vehicles and electric vehicles, updating sorting-center and information-technology infrastructure, installing additional parcel lockers, and repairing postal facilities. The agency said WB INT EXPORT had offered to provide a 100 billion soum loan at a rate tied to the Central Bank’s refinancing rate. However, shareholders did not approve a loan at their extraordinary meeting on 21 September because the parties had not settled the interest rate, principal amount or repayment schedule. The agency said the matter could return for consideration once the terms are clarified. The distinction is material: the modernization need is an estimate, and the loan remains a proposal rather than completed financing.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"economy","url":"https://haberpaper.com/assets/illustrations/economy-1536.webp","width":1536,"height":1024,"alt":"Symbolic trading harbour with a cargo ship, containers and a bridge.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"economy","url":"https://haberpaper.com/assets/illustrations/economy-1536.webp","width":1536,"height":1024,"alt":"Symbolic trading harbour with a cargo ship, containers and a bridge.","language":"en"}}}