OREANDA-NEWS. July 04, 2011. Andrey Smirnov has been appointed Coal Production and Processing Director of DTEK.

Previously Mr Smirnov held the position of CEO in En+ Coal, a large player on the global coal market integrated into En+ Group alongside with RUSAL, Eurosibenergo and other assets in coal mining and processing, non-ferrous metals and energy industries.
 
In 1989, Andrey Smirnov graduated with honors from Donetsk Polytechnic Institute majoring in Mine Surveying and in 1998, he obtained a degree in Finance from Syktyvkar State University. Mr Smirnov holds a Ph.D. in Political Science and is a full-fledged member of the Academy of Mining Science of the Russian Federation. He rose from the basic production level to executive positions and is familiar with the entire production chain.
 
‘DTEK has a strong professional team that strives to fully utilize the potential of the Company’s coal assets. Investing into the development of coal enterprises the DTEK changes the technologies for extraction and development works, introduces state-of-the-art extraction equipment, continuously improves its labour safety systems, and implements innovative projects for environmental protection and energy efficiency. We will keep focus on these priorities along with the goals to increase tunneling and production and satisfy the growing demand of the Company’s energy generating business for coal’, commented Andrey Smirnov, Coal Production and Processing Director of DTEK.
 
‘Coal mining is of strategic importance for Ukrainian economy, it secures the energy independence of the country creating hundreds of thousands of jobs. The future of Ukrainian power sector directly depends on stable operations of coal-mining enterprises. The goal of DTEK is to make our mines operate so efficiently so that we would have the most advanced safety systems, the highest productivity, and pay the biggest salaries in the industry. I believe that the professionalism and experience of Mr Smirnov will help us reach this goal and become the backbone of DTEK’s business development as a whole”, said Maksim Timchenko, DTEK's CEO.
 
Profile
 
DTEK is the largest privately-owned vertically-integrated energy company in Ukraine, with efficient enterprises that mine and prepare coal as well as operate on electrical power generation and supply markets. The Company is the energy division of System Capital Management (SCM), one of Ukraine’s leading financial and industrial groups.
 
The coal business of DTEK includes DTEK Pavlogradugol (consisting of 10 coal mines), DTEK Dobropolyeugol (5 mines), DTEK Mine Komsomolets Donbassa and five coal preparation plants.
 
The power generation business of DTEK is represented by Eastenergo (Vostokenergo) and the associated companies Dneproenergo, where DTEK owns 47.55%, and Zapadenergo, where DTEK together with affiliate companies holds 25.06%.
 
Service-Invest, DTEK Energougol ENE and the associated Donetskoblenergo Company, where DTEK holds 30.6%, represent the electricity sales and supply business of DTEK.
 
DTEK also holds a 39.98% stake in Kievenergo, a company generating and supplying heat and electricity.