SCM's Energy Wing Sees 2006 Profits Soar
7 March 2008
The energy wing of System Capital Management (SCM), the Donbass Fuel and Energy Company (DTEC) announced a 92% yoy increase in EBITDA to USD 317 mln. Additionally the company’s sales increased 41.8% to USD 1.2 bln. The companies managed by DTEC include the coal companies Pavlograd Coal and Komsomolets Donbasa (SHKD: BUY), power generation company Vostokenergo and two power distribution companies Servis-Invest and Energougol (enug: BUY).
