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Kyivenergo to invest UAH370 million in Kiev heating system in 2011
Journal Staff Report

KIEV, March 1 – Kyivenergo, which exploits Kiev's energy complex, plans to invest UAH 370 million in the development of the Kiev's heat supply system in 2011, Maksym Timchenko, director general of DTEK, a large shareholder in Kyivenergo, said at the ribbon-cutting ceremony at the Pozniaky heat supply station in Kiev.

"Today we speak about UAH 370 million of investment in the heat business in 2011, including UAH 140 million of the company's own funds and we plan to raise some UAH 200 million in foreign loans," he said.




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