Business news from Ukraine

DTEK PLANS TO OPEN INVESTMENT HUB IN UK

10 January , 2021  

The energy company DTEK is creating an investment hub for the new Ukrainian energy sector in London, which is scheduled to start operating at the end of the first half of 2021, the press service of DTEK said on Friday, January 8.
“We are creating a hub to attract investments in new energy projects in Ukraine. First of all, this concerns renewable energy sources, energy storage systems and energy projects using hydrogen. Together with the increase in gas production and the development of networks, these areas are identified as priorities in our new strategy,” CEO of DTEK Maksym Tymchenko said, whose words are quoted in the release.
According to him, the specially created company DTEK International Ltd. will carry out operational activities to attract investment to Ukraine in the UK.
The message also indicates that the new DTEK office will be located in the City of London and will be aimed at working both with investors wishing to invest in Ukraine and with Ukrainian entrepreneurs developing energy projects.
As reported, according to the new strategy of DTEK 2030, the company undertook, in particular, commitments to achieve compliance with European legislation on harmful emissions by 2025 and become carbon neutral by 2040, will continue the practice of introducing a wireless Wi-Fi network at its coal mining assets, intends to expand power grid assets in Ukraine and the EU countries and its activity in green energy, including new renewable energy projects outside Ukraine, as well as trading on the markets of EU countries.

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