Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

DTEK is the largest private investor in the energy industry in Ukraine. The company's enterprises generate electricity at solar, wind and thermal power plants; extract coal and natural gas, trade energy products in the Ukrainian and foreign markets, distribute and supply electricity to consumers, and develop a grid of supercharger stations for e-vehicles. The main office of the company is located in Kyiv. The company is owned by SCM Holdings, a company of a Ukrainian businessman, Rinat Akhmetov.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
203
Assets(RF), mln.USD
286
Capital(RF), mln.USD
26
Staff(RF), 2021
3112
Taxes(RF), mln.USD
9

The Federal Antimonopoly Service approved the application of the Cypriot Valleyton Investments Limited to acquire the rights to determine the conditions for the business activities of Donskoy Anthracite JSC, Sulinanthracite LLC and Obukhovskaya Mine Administration JSC.

The Company Statement
November 15, 2023

Rinat Akhmetov's DTEK sold coal assets in the Rostov region to the Cypriot Valleyton Investments Limited with an unknown ultimate owner of the company.

January 25, 2024Putin gave the "green light" for the acquisition of Akhmetov's coal assets
November 15, 2023DTEK has nothing to do with coal mines in Russia
November 02, 2023DTEK won a court case in The Hague against Russia regarding Crimean assets seized by the Russian Federation for $267 million
June 14, 2023Former assets of Rinat Akhmetov changed ownership again
August 14, 2021Akhmetov decided to sell the coal business in Russia
August 11, 2021Rinat Akhmetov gets rid of Don coal
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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