According to OpenDataBot’s ranking of Ukraine’s largest employers by region, based on companies’ financial reports for 2023, DTEK Odessa Power Grids has become the largest employer in the Odessa region, providing jobs for more than 3,000 employees. The company specializes in the transmission and distribution of electricity and is part of the DTEK energy group owned by businessman Rinat Akhmetov (SKM group).
According to State Statistics Service and open sources:
Number of employees: about 3,200 (as of the end of 2023)
Revenue: UAH 6.9 billion (2023)
According to public statements, the company is investing in the modernization of power grids and the digitization of services. In 2023 alone, more than UAH 700 million was allocated to infrastructure upgrades and improving the reliability of power supply.
In January-April 2025, DTEK Energy allocated approximately UAH 1.6 billion to repair and restore thermal power plants damaged by massive enemy shelling.
According to a press release from the energy holding company, the repair campaign is currently continuing without interruption, as the scale of the damage remains critical. A year ago, 90% of DTEK Energy’s generating capacity was destroyed or seriously damaged by attacks. On the eve of last winter, energy companies managed to restore more than half of it, but new strikes in November-December again caused serious damage.
“Our main task is not to stop. We are working every day on restoration to ensure the stable operation of the power system in the summer, during peak loads, and to confidently enter the next heating season,” said DTEK Energy CEO Alexander Fomenko.
In 2024, DTEK invested UAH 3.6 billion in the restoration of thermal power plants and another UAH 7.5 billion in the development of domestic coal mining.
Over the past year, Russia has carried out 13 massive attacks on Ukraine’s energy sector, dealing a serious blow to DTEK Energy’s thermal power plants, among others. In total, since the start of the full-scale invasion, the company’s thermal power plants have been attacked by the enemy 205 times. Fifty-six power plant workers were wounded in the attacks and four were killed.
DTEK Energy provides a closed cycle of electricity production from coal. As of January 2022, the company’s installed thermal generation capacity was 13.3 GW. A complete production cycle has been established in coal mining: coal extraction and enrichment, machine building, and maintenance of mining equipment.
DTEK Kyiv Grids has completed almost 40% of the repairs planned for 2025 to prepare the city’s energy infrastructure for stable operation during peak consumption periods, in particular during the heat wave or autumn and winter.
“We have already completed almost 40% of the activities planned for 2025. In particular, we have repaired more than 90 transformer substations of different voltage classes and completed more than 300 repairs of cable lines,” the company said, citing Denys Bondar, CEO of DTEK Kyiv Electricity Grids.
In total, in 2025, the power engineers of the transmission system operator plan to carry out repairs at six high-voltage substations, as well as 802 distribution and transformer points. In addition, it is planned to repair almost 60 kilometers of overhead power lines, 60 transformers, 217 switches and carry out 2,150 repairs on underground cable power lines.
As noted in the company, the power engineers of the capital conduct inspections, diagnostics of equipment and electrical lines, in particular, using thermal imagers, mobile electrical laboratories, analysis of technical fluids, etc. and, based on the data obtained, identify weaknesses where an accident may occur.
As reported, last year DTEK Kyiv Electricity Networks repaired and reconstructed 797 power facilities and 62 km of power lines and performed 5 thousand repairs of cable lines, investing almost UAH 1 billion in these projects.
In January and February this year, DTEK Energy’s machine builders manufactured and repaired almost 505 units of mining equipment, including two new shearers for mining operations.
The energy holding said in a press release on Tuesday that machine builders also supported the needs of miners with more than 330,000 spare parts and components.
“Power engineers are working non-stop to restore capacities after the shelling, while miners are supporting sufficient fuel needs of thermal generation. And machine builders are working hard to provide them with equipment, spare parts and everything they need for coal mining,” said DTEK Energy CEO Aleksandr Fomenko.
In January, DTEK Energy’s miners commissioned the first two new coal faces this year.
In 2024, the company’s investments in Ukrainian coal mining amounted to UAH 7.5 billion. These funds were spent on the construction and repair of capital mine workings, completion of coal longwalls, mine tunnelling equipment, underground mine transport and production capacity support projects.
“DTEK Energy provides a closed cycle of electricity generation from coal. The company’s installed capacity in thermal generation amounted to 13.3 GW as of January 2022. The company has established a full production cycle in coal mining: coal mining and enrichment, mechanical engineering, and maintenance of mine equipment.
Currently, most of DTEK Group’s thermal generation facilities have been destroyed as a result of Russian attacks.
Over the past year, DTEK Kyiv Grids has repaired and reconstructed 797 power facilities and 62 km of power lines and carried out 5,000 repairs of cable lines, investing almost UAH 1 billion in these projects.
“This helped to increase the resilience of the capital’s power grids to the challenges of enemy attacks and lay the foundation for a successful heating season,” the company said on its website on Wednesday.
According to the company, to prevent possible accidents, DTEK Kyiv Electricity Networks specialists carried out routine and emergency measures, in particular, repaired more than 46 km of power lines and 731 power facilities, and cleared more than 158 km of routes under power lines to prevent wire breakage due to bad weather.
Implementing its own investment program, which involves the overhaul of existing facilities or the construction of new ones, DTEK Kyiv Grids reconstructed one high-voltage substation, eight distribution points, 44 transformer points and 15 kilometers of cable networks in 2024. In addition, the company upgraded 13 high-voltage substations.
Thus, the quality and reliability of electricity supply was improved for 70 thousand families in the capital.
“Despite the challenges of wartime, we keep our existing electrical equipment in good working order and maintain it on time. We are also gradually implementing a program of technical re-equipment and modernization. In particular, in 2024, we allocated almost UAH 1 billion for such projects,” said Denys Bondar, CEO of DTEK Kyiv Grids.
In 2024, the company’s specialists also installed almost 39 thousand smart meters in the homes of Kyiv residents.
As reported earlier, in 2024, DTEK Grids’ distribution system operators repaired and reconstructed 14.1 thousand kilometers of power lines and more than 6 thousand power facilities, which is 80% more than in 2023.
“DTEK Grids is developing the electricity distribution and power grid operation business in Kyiv, Kyiv, Dnipro, Donetsk and Odesa regions. The company’s DSOs serve 5.5 million households and 158,000 enterprises.
DTEK Group invested UAH 11 billion of its own funds in the restoration of thermal power plants (TPPs) and coal mining in 2024.
“UAH 3 billion was spent on the restoration of TPPs. This made it possible to return more than half of the destroyed capacities to operation before the start of the heating season,” the energy holding said in a telegram channel on Friday.
The company invested UAH 7.5 billion in the mines’ operations: capital repairs, equipment upgrades, and modernization of transport. This ensured coal reserves for the stable operation of the stations.
As the company reminded, last year Russia carried out 13 massive attacks on the Ukrainian energy system, 10 of which were aimed at DTEK’s thermal power plants. At the most critical point of the year, 90% of the facilities were destroyed.
As reported, DTEK Energy BV, the holding company of DTEK Energy, ended 2023 with a net profit of UAH 13.675 billion against a net loss of UAH 5.798 billion in 2022.
“In 2023, DTEK Energy also invested about UAH 11 billion in the repair campaign at thermal power plants and Ukrainian coal mining, which is almost twice as much as in 2022, when investments amounted to about UAH 6 billion.
