POWER Engineering Group S.A. and MAINER Investment Climb up to a New Level of Cooperation

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Official representatives of POWER Engineering Group S.A. and MAINER Investment announced that the companies have reached an agreement in principle about working together on a number of projects.

Official representatives of POWER Engineering Group S.A. and MAINER Investment announced that the companies have reached an agreement in principle about working together on a number of projects. It is planned that the POWER Engineering Group S.A. and MAINER Investment will jointly invest projects in Moscow and Abu Dhabi. As it says on the official website of the POWER Engineering Group S.A.: http://www.sipower.com/company/news/2011/09-30.html.

The very idea of cooperation between these large companies is very promising. Corporation POWER Engineering Group S.A. have long and successfully engaged in investments in the development of alternative energy sources, medical projects, electric vehicles, energy-efficient technology and so on. MAINER Investment, in turn, plays an important role in the global mining industry (underground mining “MAINER” machines’ production) and in the electro-technical industry.

It should be noted that earlier POWER Engineering Group S.A. and MAINER Investment reached an agreement on joint development of automatic parking systems, adapted to the conditions of the Russian capital. Appropriate partnership contract was signed on the 17th of August 2011. Also, this agreement provides a number of European projects in the following sectors: energy technology, mining industry, heavy industry. Information about this was also published in the news section of the official website of POWER Engineering Group S.A.: http://www.sipower.com/company/news/.

As representatives of the companies say, in the future POWER Engineering Group S.A. and MAINER Investment are going to upgrade their cooperation, based on mutual respect and professionalism. Such an alliance in modern conditions is extremely advantageous to both parties.

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