OREANDA-NEWS. July 3, 2009. DTEK, the Ukrainian fuel and energy market leader, is pleased to announce the formation of DTEK Trading Ltd, a wholly owned subsidiary that will undertake coal trading operations in the domestic and international markets. DTEK’s coal is currently consumed by thermal power plants, coking and chemical plants and steel mills in Ukraine, as well as being exported to power plants and industrial enterprises in Turkey, Poland, Bulgaria, Romania, and Lebanon.
 
DTEK has identified the need to build an efficient sales function as one of its strategic priorities. The establishment of DTEK Trading will facilitate the development of the Company. In particular, it will boost the efficiency of coal sales by DTEK’s mines; systematize the process of fuel supplies to in-house generating enterprises and increase coal sales both within Ukraine and internationally.
 
The current surplus of coal in Ukraine provides an incentive for DTEK to be proactive in export markets. DTEK Trading has been tasked with establishing a solid reputation in external markets and building long-term relations with generating and industrial companies outside Ukraine. The quality of DTEK’s coal meets international standards – calorific value 6,000 kcal/kg and sulfur content below 1%. By the end of this year, the Company plans to have exported about 1 million tonnes of coal. (In 2008, DTEK exported 160,000 tonnes).
 
Igor Koshelev, who has been appointed the Director of DTEK Trading Ltd., said:
 
”The establishment of a dedicated trading function will enable us to provide a more efficient sales function, secure additional margin from commercial operations, strengthen DTEK’s position in the Ukrainian coal market and, most importantly, increase DTEK’s sales to foreign markets.”