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The DTEK’s share in the total coal output in Ukraine reached 25.2%

Ноября 13, 2010

DTEK, Ukraine’s leading fuel and energy company, announces performance results for the third quarter of 2010. Building on the strong results, the company has maintained its leading position in the Ukrainian coal sectors.

In the third quarter, the coal produced by the company’s mines reached 4.7m tonnes, a 7.3% year-on-year increase. Further, thermal coal mining grew considerably (by 17.6%) to deliver 4.2m tonnes. As a result, DTEK's share in Ukraine’s total coal extraction during the quarter was 25.2%. 
The increase in coal output at Pavlogradugol OJSC was delivered first by introduction of new and innovative mining equipment, including a plough manufactured by Bucyrus DBT Europe GmbH, highly productive Ostroj sets and TMachinery shearers.  Furthermore, several large-scale investment projects have been completed at Pavlogradugol’s mines, including: the replacement of the main fans at both Geroyev Kosmosa mine and Stepnaya mine; the purchase of five KSP-33 roadheaders and one GKPS roadheader; and the purchase of three surface tracks for Zapadno-Donbasskaya, Samarskaya and Blagodatnaya mines. DTEK also continues to upgrade the production capacity at Komsomolets Donbassa mine. During the quarter, it purchased belt conveyors, KSP-32, a roadheader and a 1K101U shearer.
Positive trends in the coal mining business resulted in coal processing volumes also rising  – production of concentrate increased by to 2.1m tonnes.
During the period, several large-scale investment projects were implemented at the Company’s coal processing businesses, including the commissioning of a conveyor gallery №8 at Pavlogradskaya Coal Preparation Plant, completion of the installation of new centrifuges at Dobropolskaya CPP and replacement of a jig at Kurakhovskaya CPP.
DTEK is the first and only private vertically integrated energy company in Ukraine. It is a part of the financial and industrial group System Capital Management (SCM). The enterprises of DTEK comprise an efficient operational chain from coal production (Pavlogradugol, Komsomolets Donbassa Mine).
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