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In connection with a systemic crisis in the energy sector of Ukraine, DTEK mine stops

Mining industry / Ukraine
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In connection with the impossibility of further shipments of coal to power stations, from 1 April 2020 about 6 500 employees DTEK Dobropolyeugol, the mine "Belozerskaya" and TSOF October will be withdrawn in a simple.

In connection with a systemic crisis in the energy sector of Ukraine, DTEK mine stops

In Association with a systemic crisis in the energy sector of Ukraine, the continuing import of electricity and coal, regular intervention in the market and from politicians that cumulatively led to a lack of demand for Ukrainian coal mines of DTEK Dobropolyeugol mine "Belozerskaya" and CCM Oktyabrskaya suspend the operation for the extraction and preparation of the mine workings, and coal preparation from 1 April 2020.

As stated in the press service of DTEK, the staff is displayed in a simple payment under the collective agreement. During the downtime will continue maintenance of the mines and factories that will allow us to restore the operation of enterprises.

In accordance with the Industry agreement and collective agreements for all employees shown in a simple, retained salary. During idle time the miners will continue to receive an income tariff rates, with the preservation of employment. Only at the enterprises of DTEK Dobropolyeugol, the mine "Belozerskaya" and CCM Oktyabrskaya has about 8 thousand employees.

"a Systemic crisis in the energy sector of Ukraine, provoked by manual regulation of the energy market, the uncontrolled import of electricity from Russia and Belarus, as well as a lack of coordination of industry on the part of Minamaneho, led to the imbalance of the energy system of Ukraine and impossibility of stable work of coal enterprises", - stated in the message of the company.

DTEK Energo said that repeatedly appealed to the system operator, NEC Ukrenergo with the requirement to stop the practice of forced stop of power units. However, despite the existence of contracts for the production of electricity, NEK Ukrenergo systematically reduces the electricity production in the TPP of DTEK Energy to one unit that threatens the stable operation of thermal power plants and significantly reduces the volume of consumed coal.

"In conditions of growing economic crisis caused by the pandemic coronavirus COVID 19, the fall in world financial markets and the collapse of commodity prices, with the objective of minimizing negative economic impacts of DTEK Energy takes extraordinary measures and suspend the coupon payment on Eurobonds and interest on Bank debt," reported the company.

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