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Arab News video interview: Ukraine is actively seeking financial partnerships with Saudi Arabia to diversify its economy

20 May 2024, Ukraine
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<strong>Arab News video interview:</strong> Ukraine is actively seeking financial partnerships with Saudi Arabia to diversify its economy
Arab News video interview: Ukraine is actively seeking financial partnerships with Saudi Arabia to diversify its economy
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DTEK CEO Maxim Timchenko joined Arab News in a video interview to discuss the opportunities for financial partnerships between Ukrainian enterprises and Saudi Arabia. He spoke about the #FightForLight, highlighting the critical need for investment, equipment and air defences to help Ukraine rebuilt its damaged energy system, and the key areas where Ukraine can diversify its economy: cleantech, agriculture and energy.

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DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.

Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.