Fitch Upgrades UzAuto Motor's Credit Rating to BB Due to Improved Finances

Fitch Ratings has announced an upgrade of UzAuto Motor's credit rating to BB, a significant improvement that reflects the company's stronger financial health.

This upgrade is a result of UzAuto Motor's robust financial performance, which has positioned it favorably within the automotive sector in Uzbekistan.

As a leading automotive manufacturer in the region, UzAuto Motor's enhanced rating is expected to bolster investor confidence and support future growth initiatives.