DTEK will always uphold the European choice of Ukraine, transparent and fair working conditions for all participants in the energy market, uniform rules for all

DTEK will always uphold the European choice of Ukraine, transparent and fair working conditions for all participants in the energy market, uniform rules for all

DTEK21 May 2020

As an opponent of manual, unprofessional, administrative intervention in the energy market, DTEK has always defended and will defend Ukraine's European choice, market, transparent and fair working conditions for all market players, and common rules for all.

In response to increasing attempts to accuse DTEK of actions aimed at unilaterally changing market conditions, the company states:

Systemic administrative intervention in the market, which began in September 2019, has had a negative impact on the energy industry. Artificial restrictions on electricity producers, manual regulation and interference in the energy market, lack of responsiveness to manipulation that systemically distort market competition, - all this has led to the largest energy crisis in the history of independent Ukraine.

The crisis in the electricity market has destabilized the work of all enterprises in the energy sector of Ukraine without exception.

“The desire to resolve the crisis facing the Ukrainian energy industry is not a struggle for better conditions for individual market players; it is a struggle for the European future of Ukraine, its energy security and independence. The best industry expertise in Ukraine has been collected at DTEK, and the company has always openly shared its vision of ways to solve the systemic problems affecting the industry”, says DTEK CEO Maxim Timchenko.

DTEK has always been the initiator of open dialogue between all market participants to find a way out of the systemic crisis in the industry. All accusations against DTEK are unfounded and are initiated by opponents of Ukraine’s European course and a truly fair market.

The official position of DTEK is presented for public access and discussion on the company’s website:

https://dtek.com

https://dtek.com/ru/media-center/video/

https://www.dtek.com/en/media-center/press/energy-of-ukraine-crisis-consequences-solutions-/

DTEK CEO Maxim Timchenko publicly announced the company’s vision for solving the problems in the industry during an online press briefing on 14 April 2020: https://youtu.be/oprkwXZ2_SA

The presentations of the company’s leaders at meetings of the Anti-crisis Energy Headquarters, the Specialized Committee of the Verkhovna Rada of Ukraine, the Ukrainian Energy Forum and other industry events can be found at:

https://dtek.com/ru/media-center/video/    

https://youtu.be/g69h1q7zhU4  

https://youtu.be/NEfebNIbOkA  

https://youtu.be/oFETXuxIXjk   

Materials for the international community and mass media:

https://youtu.be/79rlIgZ3d2c

Profile

DТЕК is the largest private investor in Ukraine’s energy sector.

DTEK Group produces coal and natural gas, generates electricity at thermal, solar and wind power plants, distributes electricity, supplies electricity to end consumers, provides energy efficient solutions and develops a network of EV charging stations.
In 2019, DTEK’s capital investments totalled UAH 23 bln. Moreover, the company paid UAH 23.4 bln of taxes. DTEK employs 70 thousand people.

The company is 100% owned by SCM Limited. Ultimate beneficial owner – Rinat Akhmetov.

 

Corporate Communications Department
DTEK
Tel.: +38 (044) 581 45 35
+38 (044) 581 45 70
E-mail: pr@dtek.com
www.dtek.com