Ukrainian DTEK Selling Coal Mines to Armenian Yelena Hovhannisyan
DTEK Kyiv Post

Ukrainian DTEK Selling Coal Mines to Armenian Yelena Hovhannisyan

Ukrainian businessman Mr Rinat Akhmetov’s company DTEK is selling its coal mine companies Donskoy Antratsit joint-stock company,

Ukrainian businessman Mr Rinat Akhmetov’s company DTEK is selling its coal mine companies Donskoy Antratsit joint-stock company, Sulinantratsit open joint-stock company and Obukhovskaya Mines Management joint-stock company based in Rostov Region. Accordig to Kommersant, the Cypriot Valleyton Investments Limited might purchase the mines. The Federal Anti-Monopoly Service has already approved the company’s petition to receive entitlements that will provide the opportunity to determine the terms for operation of the companies belonging to DTEK in Don.

According to the register in Cyprus, the owner of Valleyton is citizen of Armenia Yelena Hovhannisyan, but this name isn’t widely known in the coal market

DTEK announced plans to sell its coal mines in Rostov Region in June. One of the reasons for the sale is the “green” energy company’s orientation.

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