Marat Zagidullov, Chairman of the Board of Directors of SPF Potok Inter (Russian Federation), Li Hee Jha, President of Loofen Co., Ltd (Republic of Korea) and Li Jie Yul, First Deputy Governor Gyeonggi-do Province in the Republic of Korea signed a Memorandum of understanding on strategic cooperation.

The document was signed on June 22, 2018 within the framework of the Russian-Korean business forum in Moscow, organized by the Korea International Trade Association (KITA), the Korea Trade-Investment Promotion Agency (KOTRA), Chamber of Commerce and Industry of the Russian Federation and the Roskongress Foundation.

The partnership provides that the Russian research and production company Potok Inter, the developer of its own technology and the producer of patented air decontamination units, and the Korean company Loofen, that manufactures air purifiers, will jointly adapt the Potok decontamination technology to the market conditions in the Republic of Korea, and will also develop a new equipment for air decontamination based on the Potok technology.

One of the most high-tech regions of South Korea - Gyeonggi Province - will provide administrative support for the successful business between the parties of this memorandum in the commercialization of Russian-Korean joint project development based on fundamental technology.