Kiev, 25 September, 2008. ­– DTEK signed an agreement to SAP to purchase SAP business solutions to create a unified enterprise management system for the DTEK Group. The corporate system SAP ERP is planned to be implemented in 2008-2012 at all the main enterprises of DTEK.

 

The business processes automation project for DTEK’s holding company includes the introduction of the following SAP solutions:

- enterprise resource planning - SAP ERP;

- a SAP industry solution for the energy sector - SAP for Utilities;

- budgeting and consolidation solutions.

 

The project will be implemented within the framework of the DTEK’s Development Strategy for 2007-2012 and the DTEK’s IT Strategy for 2009-2013. SAP solutions will ensure a high level of information support to the enterprises of the holding company as well as an effective system of communications within the DTEK Group, a unified architecture and standardized business applications for all DTEK group companies.

 

In the DTEK Group, SAP solutions will be simultaneously introduced in all the sectors where DTEK operates: coal production, power generation and electricity distribution.

 

‘This project is of special interest for us. The implementation of the SAP project will upgrade DTEK to a new level of support for the management processes in the holding company. SAP applications will contribute to the standardization and transparency of all key business processes of the company. Moreover, the project will not only assist with successful organizational changes in the holding company’s structure, but also raise the professional skills of the personnel, thus, improving the performance of all Group enterprises,’ underlined Aleksandr Melnikov, the Executive Director of SAP Ukraine.

 

‘DTEK considers this project as an important strategic initiative since the development of the whole Company depends on its implementation. With the support of SAP we are making a unified information system to combine the operational links of DTEK into a single chain. Furthermore, the new system will allow us to build an effective communication model within the Company and significantly reduce indirect costs,’ commented Maxim Timchenko, the CEO of DTEK.

  

 

DTEK is the first private vertically integrated energy company in Ukraine. It is a part of the financial and industrial group System Capital Management (SCM). The enterprises of DTEK build up an efficient operational chain from coal production (Pavlogradugol OJSC, Komsomolets Donbassa Mine OJSC) and enrichment (five enrichment plants), to electricity generation (Vostokenergo Ltd.) and distribution (Service-Invest Ltd., PES-Energougol OJSC).

 

DTEK is the leader of the fuel-energy industry in Ukraine. According to 2007 results, the Company’s market share in the Ukrainian coal mining industry was 20.9%; its market share in thermal power generation was 27.0% and its market share in electricity distribution was 5.4%.

 

SAP is the world’s leading provider of business software, offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With approximately 75,000 customers (includes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” (For more information, visit www.sap.com)

 

SAP Company entered the Ukrainian market in 1995. Today, SAP team in Ukraine has over 50 experts. SAP customers are over 130 Ukrainian enterprises and public organizations.

For more information, visit: http://www.sap.ua

 

This press-release may contain forward-looking statements related to the planned measures or future financial indicators of DTEK. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” or the negatives of these terms or variations of them and similar expressions are intended to identify such forward-looking statements. By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties. Such risks include concerns over the general economic status, environment and risks associated with the doing business in Ukraine, significant technological and environmental changes in our sector, as well as many other risks specifically applicable to DTEK and its business. Accordingly, actual results may differ materially from those expressed or implied by the forward-looking statements.