Fitch Ratings has affirmed Ukraine-based DTEK Energy B.V.’s (DTEK) Long-Term Foreign-Currency Issuer Default Ratings (IDR) at ‘RD’ (Restricted Default). The agency has also affirmed DTEK’s U.S. dollar Eurobond senior unsecured rating at ‘C’ with a Recovery Rating of ‘RR4’ and an expected recovery of 50%. According to the document, the affirmation reflects continued negotiation on … Read more
The Antimonopoly Committee of Ukraine has closed a case opened over the signs of violation of legislation on protection of economic competition by DTEK Dniproenergo, DTEK Zakhidenergo and DTEK Skhidenergo. The decision was made at the end of 2018 by the committee. As reported, the committee in 2015 started an investigation into monopoly of DTEK … Read more
DTEK would not participate in the privatization of PJSC Centrenergo electricity generating company, DTEK CEO Maksym Tymchenko has said. “No, we have said this several times,” he told reporters on Thursday. He evaded the question about the fairness of the starting price of 78.289% stake in Centrenergo of UH 5.985 billion recently approved by the … Read more
DTEK Oil & Gas in 2017 boosted natural gas production by 1.2%, or 0.02 billion cubic meters (bcm), from 2016, to 1.65 bcm, the company’s press service reported on Facebook. “DTEK Oil & Gas produced 1.65 bcm of natural gas in 2017, which was a new record in the company’s history and in all private … Read more
DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Dniproenergo about the squeeze-out. According to a report by DTEK Dniproenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 488.1 per share. This is the highest price at … Read more
The enterprises of DTEK energy holding (including the Russian mine directorate Obukhovskaya) in January-September 2017 reduced coal production by 5.8% compared to the same period in 2016, to 21.011 million tonnes, in particular extraction at its Ukrainian assets amounted to 18.819 million tonnes (8.7% down). According to DTEK’s press release, concentrate output for the nine … Read more
DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Zakhidenergo about the squeeze-out. According to a report by DTEK Zakhidenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 130.46 per share. This is the highest price at … Read more
DTEK Energy in the first ten months of 2017 increased purchase of gas coal from the Lviv-Volyn basin by 9.8% compared to the same period last year, to 595,000 tonnes, the press service of the company has reported. According to its data, in October 2017 coal supplies from the basin mines to DTEK stations grew … Read more
A first ship with gas coal from the United States has arrived in the Yuzhny port (Odesa region), the press service of DTEK energy holding has reported. “The first bulker has delivered 75,000 tonnes of coal to the Yuzhny port. Before the heating season we bought 150,000 tonnes of gas coal in the United States … Read more
DTEK will soon supply the first 150,000 tonnes of G grade (gas) coal from the United States to replenish the stocks in the warehouses of its thermal power plants (TPP) while preparing for the heating season, the company’s press service has said. According to its data, the first bulk carrier with 75,000 tonnes of coal … Read more