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Associated Press: “We have learned lessons” in dealing with russian aggression says DTEK CEO

31 October 2023, Ukraine
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Associated Press: “We have learned lessons” in dealing with russian aggression says DTEK CEO
Associated Press: “We have learned lessons” in dealing with russian aggression says DTEK CEO
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Maxim Timchenko, DTEK CEO, has told Associate Press that the company is ready for more russian strikes against Ukrainian energy infrastructure this winter.

“We learned our lessons,” Timchenko told AP during an interview at DTEK’s headquarters in Kyiv.

In October 2022, russia began massive missile attacks on Ukraine’s energy system, including 35 direct attacks on DTEK Energy power plants.

Grids, repair, DTEK, Ukraine, war

The company has since spent seven months restoring the damaged infrastructure and strengthening the protection of its equipment for the upcoming winter, investing around UAH 20 billion ($548 million) in the process.
 
Read the full story here.

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.