DTEK interested in buying Odesaoblenergo's state-owned stake, to mull terms of sale of majority stakes in other companies.

DTEK is interested in buying 25% of state-owned shares in JSC Odesaoblenergo, DTEK CEO Maksym Timchenko said at a press conference in Kyiv on Wednesday.

According to him, DTEK will also consider options and conditions for the sale of other power assets in Ukraine and the EU.

As reported, DTEK Grids operational holding company distributes electricity in Kyiv, Dnipropetrovsk, Donetsk, Kyiv and Odesa regions. In particular, by the end of 2020, DTEK Grids owned 70.42% of Odesaoblenergo shares.

DTEK was established in 2005 to manage the energy assets of Rinat Akhmetov's System Capital Management Group (SCM, Donetsk). The functions of strategic management of the group's enterprises, which form a vertically integrated chain for coal mining and processing, production and sale of electricity were delegated to the corporation.

Interfax-Ukraine

News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.

https://en.interfax.com.ua/

Related news
Scruffy MP DENIED Commons Zoom address until he's put on a suit & tie.

Scruffy MP DENIED Commons Zoom address until he's put on a suit & tie.

TOO COMMON FOR THE COMMONS An MP was stopped from speaking in Parliament via Zoom on Tuesday after being told he was dressed too casually to appear. Conservative Jonathan Gullis had been set to address the Commons from home during a debate on supp...

1 8

Biden Says He Will Focus On Needs Of Black Community Amid Covid - NBC News NOW.

Biden Says He Will Focus On Needs Of Black Community Amid Covid - NBC News NOW.

President Joe Biden met with a group of Black essential workers to discuss how he plans to help African American communities struggling economically and boost vaccinations. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a col...

'IS leader' convicted for recruitment in Germany - DW News.

'IS leader' convicted for recruitment in Germany - DW News.

In Germany, a verdict is expected in the case of a notorious Iraqi preacher known as 'Abu Walaa.' Believed to be the Islamic State's de facto leader in Germany, he is accused of radicalizing young people and helping them travel to Iraq and Syria. ...

Will Tiger Woods return to golf competitively?

Will Tiger Woods return to golf competitively?

Golf legend Tiger Woods undergoes surgery after receiving serious injuries from a car accident near Los Angeles. Fox News Headlines 24/7 Sports & Entertainment reporter Mike Gunzelman with an update. Subscribe to Fox News! Watch more Fox News Vide...

Watch live: CIA director nominee William Burns questioned at Senate confirmation hearing.

Watch live: CIA director nominee William Burns questioned at Senate confirmation hearing.

Watch live on February 24 at 10 a.m. ET: The Senate Intelligence Committee is holding a confirmation hearing for President Biden’s nominee for CIA director, William Burns. Burns is a career diplomat who served as deputy secretary of state and unde...

Brookyln’s Barclays Center Reopens For First Time In Nearly A Year - NBC News NOW.

Brookyln’s Barclays Center Reopens For First Time In Nearly A Year - NBC News NOW.

The Barclays Center in Brooklyn reopened for the first time in nearly a year. NBC News’ Gabe Gutierrez reports on what the unique opening night will look like. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of in...