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Ukraine's energy holding DTEK loses control over all its businesses in Russia-occupied Donbas - Statement

Ukraine's energy holding DTEK loses control over all its businesses in Russia-occupied Donbas - StatementDTEK energy holding reported it had lost control over all its enterprises in the territories of Donetsk and Luhansk regions that are temporarily not controlled by Ukrainian authorities.

This is reported by Interfax-Ukraine.

"As of March 15, 2017 DTEK's assets, namely PJSC DTEK Komsomolets Donbasu mine, Mospynske coal processing enterprise, PJSC DTEK Energougol ENE, DTEK Vostokenergo, DTEK Donetskoblenergo, Tekhrempostavka, DTEK Sverdlovantracit, DTEK Rovenkiantracit, Elektronaladka LLC, DTEK High Voltage Networks and DTEK Service LLC, located in the uncontrolled areas, had been seized by the so called Donetsk and Luhansk People's Republics," DTEK said.

According to the press service of the holding, the directors of all these enterprises received a notice about the need to re-register the companies in the so-called Donetsk and Luhansk People's Republics and start the inventory of the property.

"From this moment DTEK does not control the operation of these enterprises. The company considers the requirement to re-register our enterprises to be unacceptable, any form of pressure will not force DTEK to change the jurisdiction of its assets," the press service said.
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