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Economy 10/10/2011 White Machine Technology starts to produce vacuum cleaners
White Machine Technology starts to produce vacuum cleaners
Tashkent, Uzbekistan (UzDaily.com) -- White Machine Technology LLC, an Uzbek-British joint venture, started to implement project on production of vacuum cleaners under the brand of Samsung Electronics in Nukus, Karakalpakstan.

The newspaper Pravda Vostoka reported that the project cost is US$1.9 million. The project is financed due to own resources of the founders. South Korean Samsung Electronics is partner of the project.

The report said that South Korean specialists helped to repair existing premises and laid engineering services. In August, the enterprise installed technologic equipment and completed assembly of production line, brought spare parts and components.

White Machine Technology is planning to produce 10,000 vacuum cleaners of three modifications this year. The enterprise plans to increase production volume till 25,000 units in 2012 and 35,000 units in 2013.

It is expected that 40% of products will be realized in internal market and two thirds will be directed to meet demands of population by 2015. Other part will be exported.

As reported earlier, Zenith Electronics JV and Samsung Electronics Co., LTD launched capacities on production of washing machines under the brand of Samsung in Tashkent on 8 October 2011. The project cost is US$2.2 million.

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