CEOWORLD magazine - Latest - CEO Insider - Inside the business world of Ulugbekhon Maksumov’s Aksum Group

CEO Insider

Inside the business world of Ulugbekhon Maksumov’s Aksum Group

Ulugbekhon Maksumov

It is not by accident or any act of favoritism that Ulugbekhon Maksumov was recently honoured in his home country of Uzbekistan with a commemorative award on the occasion of the country’s 30thindependence anniversary. It was an honour reserved for uncommon men who have achieved uncommon feats in bringing honour to the motherland through hard work and industry.

The serial entrepreneur has distinguished himself in the defence industry by creating an amalgamation of companies that have bestrode the industry with unequalled services that engender not only luxury but security.

Maksumov in 2019 resolved to start manufacturing armored and special purpose boats to expand his expertise of producing armored vehicles to the naval field. He decided to go with a new personal brand AKSUM adding the word MARINE to define the sector it serves. Later on, he took a decision to expand his brand AKSUM to cover the defence industry on land as well. And as far as UAE he already has the INKAS VEHICLES brand developed with loyal regional customers, he focused on a new region, homeland, Uzbekistan for an easier route to post-soviet countries and european markets. Now Ulugbekhon with his strategic thinking opened a branch of Aksum Marine on the territory of Uzbekistan as well. Therefore, there is an AKSUM GROUP OF COMPANIES as business and brand continue to gain momentum. 

In nearest future Aksum Group is poised to become the supplier of choice for African, Gulf and CIS countries, and then penetrate European and American markets. Moreover, Ulugbekhon Maksumov is deeply involved not only in general management, but also business development and production processes. He is aware about everything going on within the companies.

In essence, his display of business acumen and intuitiveness means he has conquered the land and the sea with the Aksum Group, taking full advantage of the best of technology employing Safety, Durability and Stability as the framework of his operations.

“If safety is not the main objective of any vehicle/vessel manufacturer – then there is something wrong with the whole understanding of production purpose. The material used for hull construction HDPE (high density polyethylene) ensures durability with minimum maintenance required. Exceptional engineering solutions provide supreme stability to perform in extreme weather conditions, the Group’s spokesperson interjected.

Currently, Ulugbekhon Maksumov sits atop an empire which includes all the companies that operate in the Aksum Group ecosystem.

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CEOWORLD magazine - Latest - CEO Insider - Inside the business world of Ulugbekhon Maksumov’s Aksum Group
Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email You can follow her on Twitter at @ceoworld.