19.11.2010, 20:46
DTEK Pays Dividends
OREANDA-NEWS. November 19, 2010. DTEK, Ukraine’s leading fuel and energy company, today announces it will pay interim dividends of USD 80,000,000.
General shareholders meeting of DTEK Holdings B.V., a company, incorporated under the laws of The Netherlands, approved a distribution of interim dividends in the amount of USD 80,000,000. The payment will be done as a lump sum or in several installments by the end of 2010.
About DTEK
DTEK is the first private vertically-integrated power company in Ukraine. It is part of the financial and industrial group System Capital Management (SCM). The enterprises of DTEK build up an efficient operational chain of coal production and preparation, electricity generation and distribution.
The coal business of DTEK includes Pavlogradugol (consisting of ten coal mines), Komsomolets Donbassa Mine and five preparation plants. According to operational results for 9 months 2010, the Company’s share in the Ukrainian coal mining industry was 25.2%.
The power generation business of DTEK is represented by Vostokenergo and the associated Dniproenergo Company, where DTEK owns 47.55%. According to operational results for 9 months 2010, the combined share of Vostokenergo and Dniproenergo in total power generation of Ukraine was 25.8%.
Service-Invest PES Energougol and the associated Donetskoblenergo Company, where DTEK owns 30%, represent the electricity sales and supply business of DTEK. Their combined share of electricity purchase in SE Energorynok in 9 months 2010 made 14.2%.
General shareholders meeting of DTEK Holdings B.V., a company, incorporated under the laws of The Netherlands, approved a distribution of interim dividends in the amount of USD 80,000,000. The payment will be done as a lump sum or in several installments by the end of 2010.
About DTEK
DTEK is the first private vertically-integrated power company in Ukraine. It is part of the financial and industrial group System Capital Management (SCM). The enterprises of DTEK build up an efficient operational chain of coal production and preparation, electricity generation and distribution.
The coal business of DTEK includes Pavlogradugol (consisting of ten coal mines), Komsomolets Donbassa Mine and five preparation plants. According to operational results for 9 months 2010, the Company’s share in the Ukrainian coal mining industry was 25.2%.
The power generation business of DTEK is represented by Vostokenergo and the associated Dniproenergo Company, where DTEK owns 47.55%. According to operational results for 9 months 2010, the combined share of Vostokenergo and Dniproenergo in total power generation of Ukraine was 25.8%.
Service-Invest PES Energougol and the associated Donetskoblenergo Company, where DTEK owns 30%, represent the electricity sales and supply business of DTEK. Their combined share of electricity purchase in SE Energorynok in 9 months 2010 made 14.2%.
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