Ukraine: DTEK swallows Corum

One of the largest machine-building holdings of Ukraine – Corum, owned by Rinat Akhmetov, has merged with DTEK Energo. Now it is another energy holding business direction. Last year DTEK announced the purchase of two works – Svet Shakhtera and Corum Druzhkovka Machine-building Works, as well as a small manufacturing site of Mining Machines. All…

Ukraine: Corum Group merges with DTEK

DTEK Energo has purchased shares of Svet Shakhtera, Druzhkovka Machine-Building Works and Mining Machines, previously parts of Corum Group. “These companies are the main suppliers of coalmining machines and equipment to the group. This deal will allow DTEK Energo to decrease expenses on machinery, provide its coal enterprises with spare parts on time and improve…

Ukraine: Metinvest and DTEK replace directors of 2 coalminers on occupied territory

Metinvest has replaced the director of Krasnodonugol, which has lost control over its assets on the uncontrolled territory of the Lugansk region. According to the company statement, the supervisory board ended the office of the Alexander Angelovsky and appointed Valentin Kononov the acting CEO instead. DTEK has replaced director of Komsomolets Donbassa mine, which has…