Current conditions in the Ukrainian energy market make power supply abroad unprofitable, therefore the net losses of Ukraine's largest private energy company DTEK from electricity exports in January-April 2016 reached EUR10 million, DTEK Director for Commercial Activities Vitaliy Butenko has said.

"If to continue the curve by the end of the year, the losses in Poland will amount to EUR15 million, Hungary - EUR25-30 million. There is no business in this today. We are on the verge of losing Europe [its market]," he said at the congress "Energy Spring 2016" in Kyiv.

He said the purchase price of MW of power in the Ukrainian wholesale market is EUR43, while the price of its sales in Hungary is around EUR31, and recently it fell to EUR29.

Butenko noted three or four other Ukrainian exporters because of such trading price situation trade only one hour in a day, whereas DTEK is forced to continue unprofitable exports to ensure coal purchases at mines, including state ones.

He also noted last year Ukraine lost the markets of Belarus and Moldova, which were more focused on power delivery from Ukrainian nuclear power plants.