OREANDA-NEWS. October 01, 2010. DTEK, the largest Ukrainian private energy holding, increased its stake in ZAEN to 24.9%, the Company representative pointed out Sep 30.

Millennium Capital sees this news as POSITIVE for ZAEN, since DTEK is known for its complex modernization programs and access to cheap fuel. We believe DTEK is mostly interested in ZAEN’s Burshtyn island – the only Company in Ukraine, that is connected to European Power Grid (UTCE\CENTREL), giving the possibility for electricity exports to EU.