What are the options for a company without sufficient funds to develop a new project and appropriate security, needed for a bank credit? One of the solutions is project finance. This instrument is sufficiently flexible to be effective for attracting funds in conditions of a rapidly growing economy.   More >

With the objective to ensure work effectiveness and further increase in competitiveness in the conditions of changing prices on the world markets, the companies switch to tough economy, cost cutting and introduction of strictly defined standards of production processes quality management. Obviously, steady business development and profit maximization demand focus on main business processes, i.e. core business activities. In the search of the ways to optimize expenses, many companies consider outsourcing as one of the economically and industrially effective means of undertaking and development of supporting functions.   More >

Nowadays more and more companies give particular attention to issues related to human resource management with the view of gaining and sustaining competitive advantage. Human resource management in contemporary business environment is more than just payroll and staff record keeping. Now it embraces complex strategy development in the area of personnel management including development of recruiting and selection policies, motivation schemes, trainings, personnel appraisal, corporate culture. Consequently, company’s expenditures on personnel as well as a need to expand human resource department are growing. However, the ultimate business aim is profit maximization along with costs optimization. Thus, eventually company’s management faces the issue of finding ways towards personnel costs and accompanying risks optimization along with maintenance of human resource management quality and employees productivity. Outstaffing can become one of the effective ways towards the issue solving.   More >

They settle employment issues   More >

Restaurant market in Tashkent 2008, author Lola Sattorova, based on the research conducted by STAFAR.   More >