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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.
The latest company updates, press releases, and news, alongside expert insights from DTEK’s leadership.
A career at DTEK means playing an integral role in driving innovative changes and developments in Ukraine’s energy sector.
DTEK earned a profit on production growth and changes in the global energy prices
06 December 2018, Ukraine
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DTEK earned a profit on production growth and changes in the global energy prices
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Over the last 2 years, coal prices in the global market have more than doubled -- from $42 to $100 per tonne. The natural gas price has soared from $250 to $330 per cubic meter year to date.
Investments in production enable the company to boost its product sales. Over the 13-year time span in operation, the company has invested over $7.6 billion in development.
DTEK’s coal business alone saw almost $3 billion of investments, which allowed the company to nearly double its output between 2004 and 2017, bringing it to 24.8 million tonnes. This helped stabilising operation of Ukraine’s power grid facing a coal shortage.
Investments in gas extraction made it possible for the company to annually raise its production 3.3 times since 2013 to 1.65 billion cubic meters of natural gas. DTEK has become the largest private gas producer in Ukraine.
DTEK Group companies are major national taxpayers: in 2017, they paid UAH 22.5 billion of tax into budgets of different levels.
The company reported that its EBITDA (operating earnings before interest, tax, depreciation and amortisation) over the nine months of 2018 had reached UAH 19.0 billion. In January-September, DTEK Group earned a total of UAH 119.8 and made a net profit of UAH 3.4 billion.
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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