DCH RE AND IMTC-MEI SIGN MEMORANDUM OF COOPERATION IN KHARKIV HOSPITALITY INDUSTRY DEVELOPMENT

<P>On March 18, 2009, DCH Real Estate Director Nadezhda Lysenko and European Projects Director of the American company IMTC-MEI Sean Regan signed a memorandum of cooperation in Kharkiv hospitality industry development. This took place within the framework of the official visit of Trade and Investment Mission of the US embassy in Ukraine, at the Kharkiv office of DCH Group (Metallist Sports Complex, 65 Plekhanovskaya St.).</P> <P>As a signatory of the Memorandum, IMTC-MEI represented the international hotel chain Wyndham Hotel Group International (CIS Director – David Horn, a delegation member) comprising&nbsp; 3,700 hotels in 30 countries. Therefore, this agreement will provide a strong impetus for hospitality industry development in Kharkiv in the near future.</P>