The news circulating on social networks that the Uzbekiston Pochtasi Joint Stock Company has been privatized and that the company has borrowed 100 billion soums is not true.
The share package belonging to state organizations, enterprises and commercial banks in the authorized capital of the company, i.e. 92.9 percent of the state share, has been fully transferred to the State Assets Agency.
Large companies such as WILDBERRIES and UZUM MARKET have expressed interest in purchasing this stake, but to date, no documents have been issued to privatize the state stake.
It is worth noting that the "Uzbekistan Post" Joint-Stock Company is currently going through a difficult financial and transformation phase. Over the past three years, net profit has averaged 800 million soums, and the profitability rate is 0.2%. Revenue for the first 6 months of 2026 amounted to 313.6 billion soums, a decrease of 17% compared to the same period last year.
In addition, the service of delivering traffic violation tickets by mail, which is one of the main sources of income, has been suspended since May 16 of this year. As a result of the suspension of this service, a loss of 1.7 billion soums is expected for the first 9 months. At the same time, bank debt amounts to 45.3 billion soums.
Today, the rapid development of the e-commerce market requires a radical modernization of the postal infrastructure. According to preliminary estimates, more than 300.0 billion soums are needed to implement modernization and digitalization projects. This amount includes the purchase of freight vehicles and electric vehicles, the modernization of the sorting center and IT infrastructure, additional Measures such as installing mailboxes and repairing communication facilities are planned.
In order to introduce modern management models to society and attract investments, it is planned to cooperate with “WB INT EXPORT” LLC, one of the largest marketplace companies in the country. During the negotiations, this company expressed its readiness to provide a loan of 100 billion soums at the Central Bank's refinancing rate.
This transaction is considered a major transaction under the law and is therefore included in the agenda of the general meeting of shareholders. However, since no final agreement was reached on the interest rates, the amount of debt and the repayment schedule, no decision was made on this issue at the extraordinary general meeting of shareholders on September 21, 2026. Therefore, the reports that the company borrowed 100 billion soums are unfounded. Debt Once the conditions are fully clarified, the issue can be reconsidered.
Representatives of “WB INT EXPORT” LLC JSC "Uzbekistan Post" The main purpose of involvement in the Supervisory Board is to implement a modern corporate governance system and monitor the targeted use of the intended investment funds.
