OREANDA-NEWS. September 08, 2010. British-Uzbek joint venture Neo Sun Light producing energy saving compact luminescent lamps opened in Tashkent.

According to company director Bakhodir Usmanov, the venture purchased USD 2 million worth equipment in China, and the production process was designed according to technologies from Philips and Osram.

Highly technological lines ensure strict control at all stages, guaranteeing high quality of the final product.

The lamps have a long term of service – over 8,000 hours of non-stop work or four years, which is eight times more than ordinary lamps offer.

Besides, luminescent lamps consume 4 to 5 times less electricity against filament bulbs.

This year, the company plans producing 2 million spiral lamps of four types (11, 15, 20 and 25 W). After the completion of the second stage of the project, the output will reach 4 million lamps per year.

The total volume of investments in the new company is expected to make up USD 3.4 million. With growth of production, Neo Sun Light eyes expansion on foreign markets.