You're reading: DTEK intends to buy Kyivoblenergo and Odesaoblenergo

DTEK has announced its intention to concentrate 68.2949 percent of the shares of JSC Odesaoblenergo and 93.9978 percent of PrJSC Kyivoblenergo owned by VS Energy Group.

According to the report on the company’s website, the transaction is formalized by the group’s oil and gas companies.

DTEK Oil&Gas (Ukraine) and NGR B.V. (the Netherlands) on Jan. 3 signed contracts for the sale and purchase of shares in these companies. The agreements were concluded with a suspensive condition and will be completed after obtaining necessary permits from state authorities, including approval from the antimonopoly authorities,” the company said in a press release.

DTEK was established in 2005 to manage the energy assets of System Capital Management Group (SCM, Donetsk) of Rinat Akhmetov.