Increase in lighting demand-LEDinside

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2013-09-16

Increasing Russian Lighting Demand Expected to Increase Revenue to EU$3.6 Billion by 2020

The Russian lighting fixtures market is expected to grow by 50 percent in 2020 compared to 2012. EUR $2.2 billion should increase to EUR $3.6 billion due to upcoming international sports competions and decrease in foreign import tax.

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