The history of ITOCHU Corporation began 150 years ago, with a small store for retail sales of textile products. Today, being one of the 500 largest companies with representative offices and subsidiaries worldwide, uniting over 62 thousand employees, ITOCHU pays serious attention to its further development.
With approximately 130 offices in 66 countries of the world, ITOCHU is one of the leading trading companies specializing in domestic trade, import and export of various types of products. These are textiles, information and communication technologies, machinery and equipment, energy carriers, metals, minerals, chemical products, food products, as well as provision of services in the spheres of construction, real estate, finance, insurance and logistics.
ITOCHU opened its representative office in Uzbekistan in 1996. Today, the corporation remains firmly confident in development of business in the country. Currently, ITOCHU has long-term relationship with many organizations and companies of Uzbekistan, such as Samarkand Automobile Plant LLC, Navoi Mining and Metallurgical Combine State Enterprise, enterprises of textile and electronic industry and others.
In particular, the corporation since 2007 is the holder of shares of Samarkand Automobile Plant LLC (SamAvto) and supplies Isuzu Motors Ltd assembly components. They are used by SamAvto LLC in production of trucks and buses.
Thanks to joint efforts within the framework of partnership with SamAvto LLC, many promising projects are being developed, including on production of cars running on natural gas and new types of buses and trucks.
Introduction of traditional Japanese philosophy Kaizen at the plant of SamAuto LLC, which optimizes the production process, is also planned. This philosophy has been adopted by many leading companies in various industries and allows to achieve the best results and cost savings while avoiding dramatic changes in the business model.
ITOCHU Corporation aims to continue the long-term partnership and further development of business in Uzbekistan.