DTEK invests $1 bln in Ukraine during full-scale war – Timchenko

18:35, 24.01.2024 1 min read

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 beginning of a full-scale war - $1 billion, group's CEO Maksym Timchenko said.

"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.