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2014-06-16

GILE 2014: Russian Government Energy Efficiency Projects Spur LED Market Growth

The Russian lighting market has seen explosive growth in LEDs over the past year; spurred by government initiatives to increase energy efficiency in lighting products and decrease energy intensity of GDP by 40 percent by 2020. Sergey Borovkov, Managing Partner at Lighting Business Consulting LLC in Russia, spoke to LEDinside at Guangzhou International Lighting Exhibition 2014 about the current market conditions and future outlook of the Russian lighting market.

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