Ukraine's next generation

DTEK, Ukraine's only privately owned power utility, wants to become a leading energy player linking Ukraine, Russia and Europe. Roderick Bruce meets Vitaly Butenko, DTEK's chief strategy officer, to discuss the company's progress and plans for expansion abroad

Ukraine has been hammered by the global financial crisis. Its national currency has lost 43% of its value since September and the International Monetary Fund (IMF) - which has loaned Ukraine up to $16.5 billion - forecasts a 6% contraction of the Ukrainian economy during 2009.

Against this backdrop, DTEK, Ukraine's only privately owned power utility, is continuing to pursue an ambitious strategy of organic growth combined with asset acquisitions in order to cement its position as a key force in

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