--- title: "\"We are building a new energy system\": Akhmetov's DTEK does not postpone investments in Ukraine's energy sector until the end of the war" description: "DTEK Strategy Director Ivan Helyukh stated that Ukraine is effectively building a new energy system during the war, restoring damaged facilities and developing new capacities. This is the fundamental position of shareholder Rinat Akhmetov." date: 2026-10-28T21:56:48.369Z lang: en url: https://xab.info/en/posts/dtek-new-energy-system-ukraine tags: [dtek, ukraine-energy, energy-investment, war-economy, rbc-ukraine] author: "Darya Fomina" publisher: "XAB.info" --- # "We are building a new energy system": Akhmetov's DTEK does not postpone investments in Ukraine's energy sector until the end of the war ![White construction hard hat with the DTEK logo on a desk in a bright energy company office](https://xab.info/media/2026/10/28/dtek-novaya-energosistema-ukrainy/dtek-novaya-energosistema-ukrainy-1.webp) ## Key Points - According to Ivan Helyukh, since the start of the invasion, Ukraine has effectively been building a new energy system while simultaneously restoring damaged facilities and erecting new capacities. - DTEK notes that the goal of Russian attacks — the destruction of the energy system — remains unchanged, although strike tactics are evolving. - The fundamental position of shareholder Rinat Akhmetov is not to postpone the construction of new capacities until the end of the war. - DTEK CEO Maxim Timchenko called on international investors at the Kyiv International Economic Forum to invest in Ukraine's energy sector, noting DFC's co-investment. Amidst a full-scale war, Ukraine's energy sector is experiencing not just restoration, but in fact a complete rebuild from scratch, according to top management of major energy companies. DTEK Strategy Director Ivan Helyukh stated this in an interview with RBC-Ukraine, emphasizing that since the beginning of the invasion, the country has simultaneously repaired equipment destroyed by Russian strikes and erected new capacities. According to him, this double burden makes the Ukrainian experience "unique for Europe". ### The enemy's goal remains unchanged, but attack tactics are evolving DTEK notes that despite changes in the tactics of Russian strikes on infrastructure, the enemy's strategic goal remains unchanged — the destruction of the Ukrainian energy system. That is why, as Helyukh emphasizes, energy companies are forced to constantly adapt: restore damaged facilities to meet current consumer needs and simultaneously build new capacities "for the future". According to the DTEK strategist, "some things work out better, some less so", but the overall vector — the creation of a new energy system — persists throughout all the years of the war. ### The shareholder's fundamental position: not to postpone construction until peace Helyukh calls the fundamental position of DTEK shareholder Rinat Akhmetov the key factor allowing the company to carry out construction under combat conditions: the construction of new energy capacities is not postponed until the end of the war. The company continues to invest in the restoration and development of Ukraine's energy sector, maintaining its course toward leadership in the sector. This essentially turns DTEK's investment program into an element of the national energy security strategy. ### International context: forum, DFC, and a call to investors The company's position is not limited to the domestic market. Earlier, DTEK CEO Maxim Timchenko stated at the Kyiv International Economic Forum that the company will continue to invest in Ukraine's energy sector "despite all the uncertainty, all the challenges, and the destruction of our capacities". Timchenko emphasized that cooperation with international financial institutions and private investors plays an important role in attracting capital, and one of the signals of trust was the decision of the US financial institution DFC to co-invest with the Ukrainian company. Against this background, Timchenko publicly urged international investors to invest funds in Ukraine's energy sector. ### The company's scale as a factor of resilience DTEK's investment activity is underpinned by its scale: according to open reports, the company remains one of the country's largest taxpayers, which provides the resource base for simultaneous restoration and construction. Together, the statements by Helyukh and Timchenko paint a picture of an energy system that, under wartime conditions, is not just staying afloat, but is purposefully being rebuilt — relying on domestic investments and international partnership. ## Fact-Check & Sources - [Несмотря на войну. ДТЭК Ахметова продолжает инвестировать в энергетику Украины](https://www.rbc.ua/ukr/news/popri-viynu-dtek-ahmetova-prodovzhue-investuvati-1793210886.html) - Primary source: quotes from Ivan Helyukh about the "new energy system", the dual task of restoration and construction, and Akhmetov's position. - [ДТЭК Ахметова продолжит инвестировать в украинскую энергетику, несмотря на российские атаки](https://tsn.ua/ru/groshi/dtek-ahmetova-prodolzhit-investirovat-v-ukrainskuyu-energetiku-nesmotrya-na-rossiyskie-ataki-3200275.html) - Maxim Timchenko's speech at the Kyiv International Economic Forum, mentioning DFC co-investment. - [Несмотря на разрушения, ДТЭК продолжит инвестировать в Украину — это принципиальная позиция ...](https://zn.ua/ECONOMICS/nesmotrja-na-razrushenija-dtek-prodolzhit-investirovat-v-ukrainu-eto-printsipialnaja-pozitsija-aktsionera-akhmetova-timchenko.html) - Coincides with TSN regarding the content of Timchenko's statement and the role of international financial institutions. - [ДТЭК Ахметова заплатил почти 30 млрд грн налогов за первое полугодие 2026 года](https://www.unian.net/economics/finance/dtek-ahmetova-zaplatil-pochti-30-mlrd-grn-nalogov-za-pervoe-polugodie-2026-goda-13476684.html) - Context of the company's scale as the largest taxpayer; used to assess the resource base, does not contradict the basis. ## FAQ ### What exactly did Ivan Helyukh state about the state of Ukraine's energy system? He stated that since the beginning of the full-scale invasion, Ukraine has effectively been building a new energy system while simultaneously restoring damaged facilities and developing new capacities, and that this experience is unique for Europe. ### Why does DTEK continue to build new capacities during the war? According to Helyukh, it is the fundamental position of company shareholder Rinat Akhmetov not to postpone the construction of new energy capacities until the end of the war. ### What role does international partnership play? DTEK CEO Maxim Timchenko noted at the Kyiv International Economic Forum that the trust of international partners, including the co-investment of the US institution DFC, makes it possible to implement large-scale projects even under wartime conditions, and urged international investors to invest in Ukraine's energy sector.