DTEK
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Industry | Coal industry Electricity |
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Founded | 2005[1] |
Founder | Rinat Akhmetov |
Headquarters | Donetsk, Ukraine |
Key people
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Maksym Tymchenko (CEO) |
Revenue | $11 611 mln (2013, IFRS) |
$417 mln (2013, IFRS) | |
Owner | Rinat Akhmetov |
Number of employees
|
~140 000 |
Parent | SCM Holdings |
Website | www |
DTEK is an energy holding company headquartered in Donetsk, Ukraine. It is the largest private vertically integrated energy holding in Ukraine.[1] The company is owned by SCM Holdings, a holding company of a Ukrainian businessman Rinat Akhmetov.[1] It was established in 2005 and is a conglomerate of various companies from coal mining to power generation.[1] The CEO of the company is Maksym Tymchenko.[2]
Contents
Coal mining
DTEK owns three large Ukrainian coal-mining companies: DTEK Pavlogradvuhillia (ten mines), DTEK Dobropilliavuhillia (five mines) and DTEK Mine Komosomolets Donbassa. It additionally owns five coal preparation plants.
In November 2011, DTEK won the concession tender for state-owned anthracite-mining companies Rovenkianthracite and Sverdlovanthracite in Luhansk Oblast.[3] These companies mine about 17% of Ukraine's coal and in total and 24% of anthracite.[4]
As of February 2013 DTEK controlled 50% of Ukraine's coal production.
In July 2014 several mines were suspended by the company because of fighting during the 2014 pro-Russian conflict in Ukraine.[5]
Underground coal gasification
In December 2012, DTEK's subsidiary DTEK Oil and Gas signed a memorandum of understanding with Australian synthetic fuel company Linc Energy to evaluate potential of the underground coal gasification on the DTEK's coal resources.[6]
Power generation and distribution
By early 2013 75% of Ukraine's power generation capacities was controlled by DTEK. In 2012, DTEK controlled 54% of thermal generation capacities, and generates about 28% of Ukraines total energy output.[7] DTEK owns DTEK Shidenergo producing company and DTEK Vysokovoltni merezhi (Power Grid) transmission company, and has majority stakes in DTEK Dniproenergo (72.9%), Kyivenergo (72.4%), DTEK Zakhidenergo (70.9%), DTEK Dniprooblenergo (51.5%), DTEK Donetskoblenergo (71.34%), DTEK Krymenergo (57.49%) power generation and distribution companies.[8][9][10][11] All of the produced electricity is supplied to the Wholesale Electricity Market of Ukraine, a state-owned company.
Shidenergo owns Zuyevska, Kurakhove and Luhansk thermal power stations. Dniproenergo owns Krivorozh and Pridneprovsk thermal power stations in Dnipropetrovsk Oblast and Zaporizhzhia thermal power station in Zaporizhia Oblast.[12] Kyivenergo is a power generation and utility company located in Kyiv. It operates two thermal power stations in Kyiv with a combined installed capacity of 1,200 MW.[2][13][14] Zakhidenergo operates Burshtyn, Ladyzhin, and Dobrotvir thermal power stations.[12][15] In January 2012, DTEK acquired 45.1% of share in Zakhidenergo in addition to existing 25.06% stake.[11][16]
In addition to electricity sale in Ukraine, DTEK exports electricity to Slovakia, Romania, Hungary, Poland, and Belarus.[17]
See also
References
- ↑ 1.0 1.1 1.2 1.3 DTEK supports further liberalization of electricity exports, Interfax-Ukraine (25 October 2013)
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- ↑ Four miners killed, 16 injured after artillery shell hits bus in Chervonopartyzansk - DTEK, Interfax-Ukraine (11 July 2014)
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External links
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