DTEK has invested $1 bln in Ukraine during full-scale war

DTEK has invested $1 bln in Ukraine during full-scale war

The total volume of investments of the DTEK group in its areas of activity in Ukraine, excluding the Tylihulska wind farm project, amounted to about $550 million in 2023, and in total since the ...

"The total volume of investments in the DTEK group, excluding the Tylihulska wind farm project (EUR 200 million), last year was approximately $550 million, and in total since the beginning of a full-scale war - $1 billion," Timchenko said in an exclusive blitz interview with Interfax-Ukraine from the World Economic Forum (WEF) in Davos.

According to him, DTEK during the war "invested huge amounts of money in grids, power plants, coal mining, oil and gas."

"It is likely that there are not many Ukrainian companies that have invested such large amounts of money in the country's economy during a full-scale war," the head of DTEK emphasized.

During the economic forum in Davos, Switzerland, Maxim Timchenko also noted that it is important to convey a signal to international investors that investing in Ukraine can and should be done now. To do this, DTEK is showing investors its example - the construction of the Tiligul wind power plant in the Nikolaev region during the war with an investment volume of hundreds of millions of dollars.

“This is our best argument for international partners, financial institutions, energy companies. Look at us, come to Ukraine, evaluate what the situation is here, and be the first to take the initiative,” emphasized the DTEK CEO.

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