OREANDA-NEWS. July 15, 2010. DTEK, Ukraine’s leading fuel and energy company, is pleased to announce that is has become an associate member of the Union of the Electricity Industry (EURELECTRIC). EURELECTRIC brings together the major energy companies, associations and operators of the EU member states and other European countries. Its mission is to contribute to the development and competitiveness of the electricity industry, to promote the role of electricity in the advancement of society and to represent and defend the common interests of the electricity industry in the governing bodies of the European Union (the European Parliament and the European Commission).

Maxim Timchenko, DTEK’s CEO said:

 “Joining EURELECTRIC is a logical step in terms of DTEK’s strategy to invigorate its involvement in the leading European associations and specialized bodies. We hope that cooperation with this union will promote our understanding of the strategic and immediate tasks for the development of the single European energy market. Besides, it will accelerate the integration of DTEK and other Ukrainian energy companies into the European power industry. We believe that membership in EURELECTRIC will enable us to apply European expertise and experience to reforming Ukraine’s energy sector.

 “We also understand the importance of the commitments DTEK makes to actively participate in the events organized by EURELECTRIC, as well as in the day-to-day work of the union”.