DTEK has always paid the rent for Dobropillyavugillya mines on time and in full.
Due to the crisis, DTEK was forced to shut down the company for almost 4 months and was therefore unable to pay the rent.
DTEK is currently on the final stages of returning Dobropillyavugillya mines to state management. The debts for rent of Dobropillyavugillya mines shall be paid in full.
DTEK is doing everything possible in order to ensure smooth running of the coal mining process during the transition period. Thus, a special commission, which included representatives of the Ministry of Energy and the State Property Fund, organized the process of identifying the equipment owned by DTEK and this equipment was put underground, installed at the production facilities and used for coal mining (i.e., mining combines, conveyors and other equipment). The property value has been set at an independent appraiser and it is a much more cost-effective alternative compared to purchasing new equipment and a nearly three-month break in coal production, which would be necessary to dismantle all DTEK’s operating equipment and install new items.
The main priority of the transition period is continuity of extraction processes, on which industrial safety, stability of miners’ work and tax revenues to the state budget depend.