Because of the war, the company rebuilt the internal management system, but did not abandon the development of planned projects.
DTEK Group will not change investment plans, despite the difficult economic situation in Ukraine caused by the war with Russia. Maxim Timchenko, CEO of DTEK, spoke about it in an interview with Economic Truth.
“I won’t say anything about the refusal to invest. It’s important for us to mothball construction in such a way that we can get it back after the war,” he said.
Timchenko noted that during the war, DTEK rebuilt the company’s internal management system.
“At a briefing in November, I said that changes were taking place in the group, all aimed at decentralization: each of the production holdings had built a self-sufficient company … Now, of course, everyone of it has been the opposite.direction.We have a strong vertical management, a very high degree of centralization has been introduced, both in financial decision making and in production decisions.In crisis management, fast, frequent unpopular decisions, “said the company director.
Timchenko also said that DTEK continues to service external debt.
“We continue to service the debt, we have no default. By agreement with our creditors, funds were deferred or frozen to continue servicing the debt from 6 to 9 months. Therefore, we have a certain margin of safety here,” he stressed.
It was previously reported that since the beginning of Russia’s invasion of Ukraine, DTEK has allocated UAH 324 million for humanitarian aid, support for the Armed Forces of Ukraine and territorial defense.
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Source: korrespondent
