OREANDA-NEWS. On 08 May 2008 was announced, that representatives of LG Company and MIRAX GROUP met in Federation Tower on April 24. In the course of negotiations between Mr. H.Y.Nho, Executive Vice President, LG Electronics, general director of the Conditioning Department and Aleksey Adikayev, a member of the Board of Directors, MIRAX GROUP, achieved agreement on cooperation of the two companies.

Prior to the negotiations the top management of MIRAX GROUP visited the Republic of Korea on invitation of LG Company. During the trip the representatives of the largest Russian development company visited several construction projects where the latest technologies and equipment are used. As a result of the business trip the parties agreed upon cooperation in implementation of a pilot project related to installation of conditioning equipment in the residential complex “WELL HOUSE on Dubrovka” based on the system Multi-V Space produced by LG Electronics. Besides supply of the equipment LG Electronics will be supervising installation and commissioning of the system.

At the meeting in Federation Tower between Mr. Nho, Vice President, LG Electronics and Aleksey Adikayev, a member of the Board of Directors, MIRAX GROUP, the parties emphasized the importance of present and future mutually beneficial cooperation of the companies.