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DTEK Group Highlights: May 9 – May 23, 2024

24 May 2024, Ukraine
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DTEK Group Highlights: May 9 – May 23, 2024
DTEK Group Highlights: May 9 – May 23, 2024
Subscribe to our news linkedin
For Ukraine we fight for light

Our viral #FightForLight campaign draws international attention to the vital support needed for Ukraine’s severely damaged energy system.

The campaign was kicked off by now-Undisputed Heavyweight Champion of the World Oleksandr Usyk:

Usyk was joined in Riyadh by 30 veterans who have returned to work at DTEK after frontline action in some of the war’s most intense battles:

Our viral video showed stark footage of the other frontline in the war: between energy workers who heat homes and light streets and russian missiles:

Join the fight.

The Telegraph reported on DTEK’s urgent appeal for equipment as new waves of russian strikes hit thermal power capacity.

“DTEK, which supplies one fifth of Ukraine’s electricity using six coal-burning plants, is seeking kit worth a total of $350m (£275m), including generators, turbines, transformers and circuit breakers.

The appeal – part of its “fight for light” campaign – follows heavy bombardment by russia that has wiped out 90% of the company’s coal generation capacity since March.”

Read more

The New York Times wrote about Ukraine’s fight for light, as the country battles to restore power in time for the winter season.

The piece highlighted the urgent help needed from allies and partners:

“Besides imposing blackouts, Ukraine is asking for assistance from its Western partners, requesting power grid equipment and emergency electricity imports. On Sunday, Ukraine imported power from Romania, Slovakia, Poland, Hungary, and Moldova.”

Read more

The Washington Post reported on the critical need for Ukraine’s energy companies to repair the power stations damaged by russian missiles before winter.

DTEK CEO Maxim Timchenko said: “We need to get out of this cycle: destruction, repair, destruction — meaning we can lose everything if we don’t have proper air defence systems.”

Read more

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. 

Watch the video

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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.