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DTEK Group, NJSC Naftogaz of Ukraine and NPC Ukrenergo called on Western companies to stop cooperation with russia in the fuel and energy sector

22 March 2022, Ukraine
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DTEK Group, NJSC Naftogaz of Ukraine and NPC Ukrenergo called on Western companies to stop cooperation with russia in the fuel and energy sector
DTEK Group, NJSC Naftogaz of Ukraine and NPC Ukrenergo called on Western companies to stop cooperation with russia in the fuel and energy sector
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DTEK Group, NJSC Naftogaz of Ukraine and NPC Ukrenergo called on the international business community to stop buying russian energy resources and stop any supplies of components and technologies for the fuel and energy sector to russia in an open letter.

DTEK Group, NJSC Naftogaz of Ukraine and NPC Ukrenergo called on Western companies to stop cooperation with russia in the fuel and energy sector

“We call on all Western companies to stop any cooperation with russia in the fuel and energy sector. Refuse to buy russian energy resources and ban the supply of components and technologies there. This applies to all: gas, coal and electricity, as well as the production of engines, turbines, mine and other power equipment,” the appeal says.

Ukrainian energy companies stressed that the russian federation has unleashed the bloodiest war on the European continent in the past 80 years. This war claimed the lives of thousands of civilians, including over a hundred children. 6.5 million Ukrainians have been forced to leave their homes due to the continuous bombing of peaceful cities, shelling of residential areas and outright terror.

“The only way to stop this war is to deprive the aggressor country of the means to finance it.

A country that deliberately drops bombs on orphanages with children cannot use the technical and intellectual achievements of the civilized world. Every dollar paid to russia leads to new casualties and destruction,” the letter says.

“On behalf of hundreds of thousands of workers in the fuel and energy complex, we urge you to stop supporting the russian economy until this country stops the barbaric war against Ukraine,” the appeal says.

The letter to Western companies has been signed by DTEK CEO Maxim Timchenko, Chairman of the Board of NJSC Naftogaz of Ukraine Yuriy Vitrenko and Chairman of the Board of NPC Ukrenergo Volodymyr Kudrytsky.

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.