DTEK has signed a memorandum of understanding and business cooperation with the Croatian energy company HEP (Hrvatska elektroprivreda d.d.).
According to the company’s press release, the document signed in Split provides for cooperation in the field of energy trade, the implementation of joint projects in foreign markets, including investment in energy assets.
The first step in the framework of DTEK’s cooperation with HEP is the test supply of electricity by subsidiary of DTEK Hungary Power Trade in the amount of up to 2,500 MWh in October this year. Next year, the volume of trade may increase to 1.3 million MWh.
According to DTEK Director General Maksym Tymchenko, access to foreign markets and international partnership are one of the vectors of the company’s long-term strategy.
“Today we are already cooperating with more than 20 European companies in the field of energy trading, which confirms the status of DTEK as a reliable international partner. The signing of the memorandum of cooperation with HEP, the leader of the energy sector in Croatia, is another step in expanding our presence in European energy markets. We are considering it as another step towards the rapprochement of Ukrainian and European energy systems, which is the key to strengthening Ukraine’s energy security,” he said.
“Our partnership will make a significant contribution to the achievement of Croatia’s strategic goals, such as diversifying energy supplies and enhancing Croatia’s energy security and stability. In the field of renewable energy, both DTEK and HEP have made significant progress over the past few years. In the field of “green” energy we see great opportunities for intensive cooperation,” chairman of the board at HEP Frane Barbaric said.
