Risk Management Training Held at the State Enterprise “Navoiyuran”
The State Enterprise “Navoiyuran” organized three practical training sessions aimed at improving its risk management system. The events brought together members of the Executive Body, department directors, and heads of divisions and sections — a total of 35 managerial employees participated.
During the trainings, participants familiarized themselves with the fundamental principles of the risk management system. The roles and responsibilities of all levels involved in the risk management process were also discussed. The program paid special attention to methods of identifying and assessing risks, determining risk factors and opportunities, as well as improving mechanisms for effective risk management and accountability.
At the end of the trainings, participants shared positive feedback, noting that such activities play an important role in the company’s operations. According to them, developing a risk management culture strengthens cooperation and trust not only among the leadership but also within the entire team.
Furthermore, the next stage will include additional sessions aimed at introducing tools for identifying, assessing, and managing risks across all areas of activity.
The development of a risk management culture at the State Enterprise “Navoiyuran” provides a number of advantages. In particular, it creates opportunities for accessing capital markets and improving credit ratings, strengthens the trust of shareholders, partners, and creditors, and ensures that risks are taken into account when making key decisions and implementing investment projects. At the same time, it enhances compliance with international and national standards, improves the company’s financial stability, and enables effective management of strategic, operational, production, climate-related, and financial risks.
Systematic organization of work in this area will further contribute to strengthening the sustainable development strategy of the State Enterprise “Navoiyuran.”
