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CEO Maxim Timchenko visits DTEK colleagues near frontline as winter preparations advance

15 September 2025, Ukraine
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CEO Maxim Timchenko visits DTEK colleagues near frontline as winter preparations advance
CEO Maxim Timchenko visits DTEK colleagues near frontline as winter preparations advance
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CEO Maxim Timchenko visited DTEK's operations near frontline positions last week to get a first-hand view of work to upgrade assets and to meet employees defending Ukraine's energy security.  

Together with DTEK Energy CEO Oleksandr Fomenko, Timchenko visited an existing DTEK coal mine and a new enrichment plant. The mine is just a few dozen kilometres from russian forces in the country's east. The enrichment plant was built after a similar facility was lost during russia's illegal invasion. 

The mine, which cannot be identified for security reasons, has been fitted with an upgraded ventilation fan – the 'lungs of the mine' – to improve working conditions for underground miners.  

The CEO was also shown work on a 230 kW solar power plant, which will provide the facility with alternative power sources. The project also involves equipment to help reduce methane emissions by 8,000 tons per year (equivalent to 223,000 tons of CO2).

Timchenko met with war veterans, who returned to work at DTEK's coal enterprises after demobilisation, and thanked them for defending Ukraine and returning to the fight on the energy frontline.

Coal continues to play a critical role in an energy system at war. While nuclear energy accounts for the largest share of the mix and renewables are rising rapidly, thanks to investment from companies like DTEK, coal (or thermal) generation helps balance the system and meet peak demand.

As the largest provider of thermal energy in Ukraine, DTEK power stations have been regularly attacked since the 2022 full-scale invasion: three plants have been occupied, and hundreds of missiles and drones have repeatedly hit the remaining five.

Last year, DTEK lost up to 90% of its generating capacity. However, much of this capacity has since been restored thanks to millions of person-hours spent repairing plants and an $83 million repair program in the first six months of this year.
  

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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.