Samiksha Jaiswal (Editor)

DTEK

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Headquarters
  
Donetsk, Ukraine

Net income
  
$417 mln (2013, IFRS)

Founder
  
Rinat Akhmetov

Key people
  
Maksym Tymchenko (CEO)

Owner
  
Rinat Akhmetov

Founded
  
2005

DTEK wwwscmholdingcommpages130DTEKLOGO3002jpg

Industry
  
Coal industry Electricity

Revenue
  
$11 611 mln (2013, IFRS)

CEO
  
Maksym Tymchenko (Jul 2005–)

Parent organizations
  
SCM Holdings, DTEK Energy B.V.

Subsidiaries
  
Dniproenergo, Zakhidenergo

Profiles

Blackberry launches dtek 50 an affordable android smartphone


DTEK is an energy division of System Capital Management headquartered in Donetsk, Ukraine. It is the largest private vertically integrated energy holding in Ukraine. DTEK is a Russian abbreviation that stands for Donbas Fuel and Energy Company (Russian: Донбасская топливно-энергетическая компания, Donbasskaya Toplivno-Energeticheskaya Kompaniya).

Contents

The company is owned by SCM Holdings, a holding company of a Ukrainian businessman Rinat Akhmetov. It was established in 2005 and is a conglomerate of various companies from coal mining to power generation. The CEO of the company is Maksym Tymchenko.

Mining

  • DTEK Pavlohradvuhillia (ten mines)
  • DTEK Dobropilliavuhillia (Dobropillia, Almazna, Bilytska and two other mines)
  • DTEK Mine Komosomolets Donbassa
  • Rovenkyanthracite (six mines and three enrichment factories)
  • Sverdlovanthracite (five mines and three enrichment factories)
  • Bilozerska coal mine
  • Obukhivska Mine Administration (including its enrichment division)
  • Donskyanthracite
  • Sulinanthracite (conservation)
  • In November 2011, DTEK won the concession tender for state-owned anthracite-mining companies Rovenkianthracite and Sverdlovanthracite in Luhansk Oblast. These companies mine about 17% of Ukraine's coal and in total and 24% of anthracite.

    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.

    Enrichment

    DTEK additionally owns five coal preparation plants.

  • CEF Pavlohradska
  • CEF Kurakhivska
  • CEF Zhovtneva
  • CEF Dobropillska
  • Mospyne Coal Refining Company
  • Trading

  • DTEK Trading
  • 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.

    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. DTEK owns DTEK Skhidenergo 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. All of the produced electricity is supplied to the Wholesale Electricity Market of Ukraine, a state-owned company.

    Power generation

  • Wind Power
  • DTEK Skhidenergo
  • Zuevska thermal power station
  • Kurakhove Power Station
  • Luhansk power station
  • Dniproenergo (72.9%)
  • Kryvorizka power station
  • Prydniprovska power stations
  • Zaporizhzhia thermal power station
  • Kievenergo (71.8%)operates two thermal power stations in Kyiv with a combined installed capacity of 1,200 MW.
  • Kiev TEC-5
  • Kiev TEC-6
  • Zakhidenergo (70.9%)
  • Burshtyn TES
  • Ladyzhin power station
  • Dobrotvir thermal power stations
  • In January 2012, DTEK acquired 45.1% of share in Zakhidenergo in addition to existing 25.06% stake.

    Power distribution

  • DTEK Vysokovoltni Merezhi
  • DTEK PEM-Energovuhillia
  • DTEK Donetskoblenergo (70.7%)
  • DTEK Dniprooblenergo (51.5%)
  • DTEK Krymenergo (57.5%)
  • Kievenergo (71.8%)
  • In addition to electricity sale in Ukraine, DTEK exports electricity to Slovakia, Romania, Hungary, Poland, and Belarus.

    Trading

  • DTEK Power Trade
  • Exploration and extraction of hydrocarbons

  • DTEK Naftogaz
  • Venko Prykerchenska Ltd (associated company)
  • Naftogazvydobuvannia
  • Naftogazrozrobka
  • Supporting

  • Pershotravensk Mechanical Shop (service of mining equipment)
  • Sotsis (social sphere assets administration)
  • DTEK Service (various services)
  • References

    DTEK Wikipedia