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Akhmetov Progresses with Consolidation of Energy-Distribution Assets.

Akhmetov Progresses with Consolidation of Energy-Distribution Assets.

3 July 2008

Rinat Akhmetov’s energy holding company, Cyprus-registered DTEK Holding, received permission from the Anti-Monopoly Committee to buy more than 50% of Energougol and Service-Invest, two companies supplying electricity to industrial consumers in Donetsk and Dnipropetrovsk regions. Alexander Paraschiy: Consolidation should help Akhmetov raise funds to develop his energy-distribution companies.

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