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  • Financial Times: DTEK CEO warns of risks in Ukraine’s energy war
04 March 2024, Ukraine
Financial Times: DTEK CEO warns of risks in Ukraine’s energy war
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Financial Times: DTEK CEO warns of risks in Ukraine’s energy war

The Financial Times on Sunday devoted its frontpage story to an interview with DTEK CEO Maxim Timchenko, who highlighted the urgent need for US aid to bolster the resilience of Ukraine's energy sector against russian attacks.
 
In an article titled Ukraine risks losing ‘energy war’ with Russia, sector boss warns Mr. Timchenko underscored the pivotal importance of timely assistance in safeguarding Ukraine's energy infrastructure, crucial for both economic stability and national security amidst the ongoing war.

“Ukraine’s victory depends not only on the people on the frontline, but also how our economy survives. How our industries and regular businesses keep operating,” Timchenko said. 

Read the entire story here (paywall)

About DTEK

DTEK Group is the largest private investor in the energy sector of Ukraine. The Group employs 55,000 people.

DTEK Group's companies are engaged in coal and natural gas mining, electricity production at wind, solar and thermal power plants, trade energy resources in the Ukrainian and international markets, distribute and supply electricity to consumers, provide energy-efficient services to customers, and develop a network of high-speed charging stations. In accordance with the Strategy 2030, DTEK strives to transform into a more energy-efficient, environmentally friendly and technological business, guided by ESG principles. DTEK is a member of the World Economic Forum’s Partnering Against Corruption Initiative (PACI). Our goal is to achieve carbon neutrality.

Since the beginning of the full-scale invasion, DTEK Group has restored power supply to more than 11 million consumers in the regions affected by the hostilities. DTEK Group is 100% owned by SCM Limited. The ultimate beneficiary is Rinat Akhmetov.

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