State share in UzPost transferred to Wildberries structure

According to the document published on the Unified Portal of Corporate Information, trust management agreement No. 01/3-94 for a period of one year was concluded on December 30, 2025, based on the resolution of the Cabinet of Ministers dated October 13, 2025. A month before that, on November 26, 2025, the National Agency for Advanced Projects issued WB INT EXPORT a license for trust management of investment assets.

As a result of the September meeting, representatives of Wildberries & Russ structures received a majority in the supervisory board of UzPost - five seats out of nine for a period of three years. At the same time, shareholders rejected the proposal to attract a loan from Wildberries in the amount of 100 billion soum at 14% per annum due to doubts about the economic feasibility.

Meanwhile, the director of the Agency for State Assets Management, Sokhibjon Murodov, at a press conference on October 8, denied the existence of an effective trust management agreement, stating that there was only a cooperation agreement. Murodov added that preliminary negotiations are currently underway on opening an interest-free credit line of 360 billion soum.