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What Prevents "Iberia Business Group" From Entering The Uzbekistan Market?

Mitsubishi

"Iberia Business Group" is ready to enter the Uzbekistan market. However, due to objective circumstances, the company cannot start operations in the Central Asian country.

Tariel Khechikashvili, the founder of Iberia Business Group, announced the utilization of the Uzbekistan market at the beginning of last year and said that Mitsubishi decided to expand to the Asian market and chose Iberia Business Group as a partner, which was a great trust for the company.

Today, the businessman says: "We are ready to enter the Uzbekistan market. We have a very strong partner, the agreement is valid. The only problem that we have encountered on our own is environmental regulation, technical problems that are being adapted to local legislation, as soon as this issue is resolved, we will start operating in this very interesting country."

The founder of the company also notes that despite the election year, the first half of the year was positive for the company operating in the auto business.

"Our management and financial department planned the sales correctly, we have at least 30% better results than intended. This gives us a reason for optimism that the second half of the year will close on a positive note. The most important thing for us is to offer our customers, new models that our brands have in Europe, Asia or other directions," Khechikashvili explained.

IBG Holding is the official representative of such well-known international brands in Georgia as: Volkswagen, Audi, Skoda, Kia and Mitsubishi.

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