Against the backdrop of serious changes in the economy of Uzbekistan, as of January 2026, the situation around the major industrial giants Enter Engineering, Eriell, and Saneg has escalated. These enterprises have accumulated $131 million in wage arrears to their employees. This situation has brought the issue of ensuring social protection for 38,700 workers to the forefront. The government has approved a plan for the large-scale sale of assets belonging to the group of companies to overcome this crisis.
To organize this process transparently and efficiently, a special structure called "Saneg Aktiv" is being established under the State Assets Management Agency. Proceeds from the sale will be directed directly to a special account at the National Bank. According to the established procedure, employee salaries will be paid first, and the remainder will be used to cover tax and credit obligations. If demand for properties listed on the "E-Auksion" platform is low, their starting price is expected to decrease by 5% weekly, but not exceeding 20% in total.
The list of assets for sale is extensive, including Enter Engineering offices in the Chilanzar and Sergeli districts of the capital, and Eriell offices on Shahrisabz and Chorbog streets. Also, large facilities such as the "Tashkent International Medical Center" building, a fuel station in Sergeli, Samarkand airport and its 8 hotels, the Fergana oil refinery complex, and the Angren storage terminal will be put up for sale. This step is crucial for restoring the financial stability of the companies and fulfilling obligations to employees.
The government is not only focusing on closing debts but also taking measures to attract new investors to complete strategic projects. In particular, international cooperation is being sought for projects such as the Tebinbulak metallurgical complex, modernization of the Fergana oil refinery, the MTO-based gas-chemical complex, and the development of Bukhara airport. At the same time, a strict requirement for tax incentives has been set: the possibility of deferring tax payments until January 1, 2027, will only come into effect after all debts to workers have been fully cleared. This decision is an important step aimed at protecting workers' rights and strengthening economic discipline.
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