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Ukraine is more than a war zone, DTEK CEO says
  + stars: | 2024-01-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUkraine is more than a war zone, DTEK CEO saysMaksym Timchenko, CEO of Ukraine's largest private energy company DTEK, says Ukrainian businesses didn't want the country to be seen just as a war zone where there could be no investment.
Persons: Maksym Timchenko Organizations: Ukraine
And Kyiv has dramatically increased long-range missile and drone attacks against Russian military hubs: command centers, fuel and ammunition supplies, transport hubs. There is anecdotal evidence of this from other sources, but not to the degree that the Russian military machine would be damaged. Alexander Ermochenko/ReutersBut just as they seek to degrade Russian air defenses, the Ukrainians have made strides in improving their own. “Our air defense system has become even more comprehensive and experienced … By the winter, it will become even stronger.”Energy production has increased too. Ryan, the former Australian general, says Ukraine’s western partners must recognize and plan for this.
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ODESA, Ukraine — The giants catch the wind with their huge arms, helping to keep the lights on in Ukraine — newly built windmills on plains along the Black Sea. The new Tyligulska wind farm stands only a few dozen miles from Russian artillery, but Ukrainians say it has a crucial advantage over most of the country’s grid. A wind farm can be temporarily disabled by striking a transformer substation or transmission lines, but these are much easier to repair than power plants. “It is our response to Russians,” said Maksym Timchenko, the chief executive of DTEK Group, the company that built the turbines, in the southern Mykolaiv region, the first phase of what is planned as Eastern Europe’s largest wind farm. “It is the most profitable and, as we know now, most secure form of energy.”
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