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Ukraine’s DTEK Acquires Bilozerska Coal Mine in Donetsk Region

March 6 (Bloomberg) -- DTEK, Ukraine’s biggest private power producer, acquired TDV Shakhta Bilozerska, a coal mine in Donetsk region, for an undisclosed sum.

DTEK, which is based in the city of Donetsk, said in an e-mailed statement that it now owns 95.4 percent of the mine. The company plans to invest in Bilozerska and increase output to more than 1 million metric tons of coal next year and 1.35 million tons in 2014.

To contact the reporter on this story: Kateryna Choursina in Moscow at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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