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Since the company’s founding 20 years ago, DTEK has grown into a national energy leader. Today we are transforming into a pan-European clean energy business.
Our businesses generate electricity at wind, solar and thermal power plants, distribute and supply electricity to end consumers, extract natural gas and mine coal, trade energy resources on Ukrainian and foreign markets, and provide domestic and commercial energy services.
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The green transition is profoundly transforming the global energy landscape, and DTEK is embracing this revolution.
DTEK is investing heavily in implementing innovative technologies, establishing new businesses, shaping new capacities, and enhancing the production process.
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DTEK Initiated Investment Dispute against Russia over the Company’s Assets in Crimea
11 April 2017, Ukraine
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DTEK Initiated Investment Dispute against Russia over the Company’s Assets in Crimea
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“Ever since the illegal takeover of DTEK Krymenergo, we have been sparing no effort to restore documents, collect evidence, and develop a legal strategy. Once we have finished a comprehensive analysis of international case law and similar cases, we sent an official notice of an investment dispute under the Agreement on mutual protection of investments between Ukraine and Russia to the Russian Federation,” said Dmitry Sakharuk, acting CEO of DTEK Energy.
The Agreement between the Cabinet of Ministers of Ukraine and the Government of the Russian Federation on the Encouragement and Mutual Protection of Investments provides for the resolution of disputes by negotiations, after which the parties may submit the dispute to arbitration.
DTEK Krymenergo PJSC used to be the major electric power supplier in Crimea, providing more than 80% of electric power on the peninsula.
The aggregate value of the real and movable assets of DTEK Krymenergo PJSC nationalised by the resolution of the State Council of the Republic of Crimea exceeds 500 million US dollars.
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.
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