D.Trading is a group of companies within the DTEK energy holding,[1][2][3] that engages in trading energy products, including electricity, gas, solid and liquid fuels, and renewable energy products in markets in 21 European countries and on 15 European exchanges.[4][5][6][7][8] Since December 2023, the company also specializes in the export of agricultural products.[9]

D.Trading
Company typeGroup of private companies
IndustryTrading, Energy, Agribusiness
Founded2019
HeadquartersKyiv, Ukraine
Area served
Eastern Europe
Key people
Dmytro Sakharuk (CEO)
OwnerDTEK
Websited.trading

History

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2019–2022: Establishment

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D.Trading Group was established in late 2018 with the founding of a holding company in the Netherlands.[10][11][12] In early 2019, the group launched its business operations in Ukraine.[13]

In 2019, the company actively participated in developing and launching a new electricity market model in Ukraine, in line with the 2017 Electricity Market Law.[14]

In July 2019, D.Trading started importing electricity from Europe to Ukraine.[15]

In 2020–2021, the company started international expansion with the opening of offices in Switzerland and Croatia.[16][17]

From 2020, D.Trading operated in Poland, Slovakia, and Hungary and became a major company in import-export operations within the electricity market.

2022–2024

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From 2022 to 2024, D.Trading launched European market expansion, transferring some functions to its Croatian office.

In 2022, D.Trading began importing gas from Europe to Ukraine for storage under the customs warehouse (short-haul) regime, supporting Ukraine’s preparation for the winter season.

In October 2022, the company began trading renewable electricity in Ukraine, purchasing it from renewable energy producers.[18]

In November 2022, D.Trading started supplying oil products to the Ukrainian market via imports from Europe.

In June 2023, D.Trading signed its first European Power Purchase Agreement (PPA) for purchasing renewable energy. That same month, it began trading energy Guarantees of Origin (GOs).[19][20]

In 2024, D.Trading started trading grain, completing its first domestic deal and sending its first export shipment. The company also launched an agricultural division based in Odesa.[21][22][23][24][25][26]

In June 2024, D.Trading and U.S.-based Venture Global announced a comprehensive Heads of Terms Agreement for supplying American liquefied natural gas (LNG) to Ukraine and Eastern Europe.[27]  That same month, D.Trading and Germany’s SEFE (Securing Energy for Europe GmbH)[28] signed an agreement to strengthen European energy security by exploring projects aimed at advancing the continent’s energy independence.[1]

Areas of activity[29]

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Electricity

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2023 supply volume: 34.6 GWh[30]

D.Trading is the major electricity supplier in Ukraine, engaging in the purchase and sale of electricity both domestically and in Europe, supplying end-users, trading, and exchange activities in Ukraine and Europe. The company is Ukraine’s largest electricity importer and operates one of the largest balancing groups in the country.[31][32][33]

2023 sales volume: 2.686 billion cubic meters

D.Trading buys and sells natural gas in Ukraine and Europe, supplying end-users and conducting trading and exchange operations. It is also involved in gas imports and exports, including short-haul storage in Ukrainian underground gas storage facilities. The company also operates in LNG through an agreement with Venture Global to supply LNG from the U.S. to Europe or directly to Ukraine, offering balancing services for end consumers.

Coal

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2023 sales volume: 2.4 million tons

D.Trading exports and imports coal, with sales to both the Ukrainian and European markets.

Fuel

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The company imports petroleum products to Ukraine and distributes them in the domestic market.

Agricultural products

D.Trading exports agricultural products from Ukraine.[34][35]

Geographic presence

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D.Trading companies are registered in Ukraine, Switzerland, Croatia, and the Netherlands. Countries with a physical presence (offices/branches) include Ukraine, Croatia, Switzerland, and the Netherlands. Countries where operational activities are conducted are Ukraine, Poland, Hungary, Croatia, Slovakia, Romania, Germany, Netherlands, Italy, Spain, Montenegro, Bulgaria, Austria, Greece, Serbia, Bosnia, North Macedonia, Slovenia, Moldova, Albania, France

Structure and management

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D.Trading is an international trading group active in most Central and Eastern European markets, with its primary focus on Ukraine, giving rise to two management structures: Ukrainian and European.

Between 2022 and 2024, Dmytro Maliar headed the trading division in Ukraine, while Peter Dvorak managed European operations. Ivan Helukh serves as the Chair of the Board of Directors, responsible for the strategic development of D.Trading and coordination across the group’s various businesses.[36]

In October 2024, Dmytro Sakharuk was appointed CEO of D.Trading, overseeing both Ukrainian and European divisions.

References

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  1. ^ a b Strzelecki, Marek (20 November 2023). "Ukraine's power plants need missile defence ahead of winter, DTEK CEO says". Reuters.
  2. ^ "Ukraine strikes deal for US gas in bid to clip Russian energy influence". www.ft.com. Retrieved 2024-07-19.
  3. ^ "Ukraine Energy Trader Plans European Expansion to Boost Supplies". Bloomberg.com. 2024-05-08. Retrieved 2024-07-19.
  4. ^ "Дмитро Маляр: Cвітові ціни на вугілля у $140/т «з'їдають» весь дохід навіть при ціні РДН 2000 грн/МВт-год — EXPRO Consulting". expro.com.ua (in Ukrainian). Retrieved 2024-07-19.
  5. ^ Маляр, Дмитро (March 7, 2024). "Енергетична Україна в Європі: довгий шлях чи швидкий успіх?". Інтерфакс-Україна. Retrieved July 19, 2024.
  6. ^ "Гендиректор компанії "Д.Трейдінг": "Нашому бізнес-ком'юніті треба глибше розбиратися в трейдингу. Тоді матимемо більше історій успіху, а не звинувачень у зраді"". Mind.ua (in Ukrainian). Retrieved 2024-07-19.
  7. ^ "DTEK plans to develop LNG trading in Europe — EXPRO Consulting". expro.com.ua. Retrieved 2024-07-19.
  8. ^ Rocha, Priscila Azevedo. "Ukraine Energy Trader Plans European Expansion to Boost Supplies". BNN Bloomberg. Archived from the original on 2024-05-08. Retrieved 19 July 2024.
  9. ^ Afanasiev, Vladimir (2024-06-17). "Ukrainian gas player snaps up 10% of LNG export capacity at Calcasieu Pass 2". upstreamonline.com. Retrieved 2024-07-19.
  10. ^ "Ukraine's Richest Man Fights to Save Faltering Fortune". Bloomberg.com. 2014-04-10. Retrieved 2024-07-19.
  11. ^ "Zweigleisige Ermittlungen im Umfeld Janukowitschs". Neue Zürcher Zeitung (in Swiss High German). 2014-03-17. ISSN 0376-6829. Retrieved 2024-07-19.
  12. ^ "Der Oligarch, der keiner sein will". Tages-Anzeiger (in German). 2014-12-28. Retrieved 2024-07-19.
  13. ^ "Ukraine agrees on first LNG supply deal with US company Venture Global". Reuters. 13 June 2024.
  14. ^ "Venture Global, DTEK sign LNG supply deal for Ukraine, Eastern Europe". www.naturalgasworld.com. Retrieved 2024-07-19.
  15. ^ Mishra, Shivam (2024-06-14). "Venture Global LNG signs supply agreement with Ukraine's DTEK". Offshore Technology. Retrieved 2024-07-19.
  16. ^ "Віталій Бутенко залишив посаду генерального директора D.Trading". expro.com.ua (in Ukrainian). Retrieved 2024-07-19.
  17. ^ "Дмитро Маляр". www.iclub.energy. Retrieved 2024-07-19.
  18. ^ "«Люди не сприймають ДТЕК як олігархічну структуру». Як війна змінила енергокомпанію Ріната Ахметова та чи очікувати відключень наступної зими. Велике інтервʼю з Максимом Тімченком — Forbes.ua". forbes.ua (in Ukrainian). 2023-07-24. Retrieved 2024-11-11.
  19. ^ "Топ-2023: список компаній з найбільшою виручкою". ГЛАВКОМ (in Ukrainian). 2024-03-08. Retrieved 2024-07-19.
  20. ^ "Компанія Ахметова почала імпорт електроенергії з Європи". Економічна правда (in Ukrainian). Retrieved 2024-07-19.
  21. ^ "D.TRADING розпочинає торгівлю зерном — EXPRO Consulting". expro.com.ua (in Ukrainian). Retrieved 2024-11-11.
  22. ^ "D.TRADING, що входить до компанії ДТЕК, розпочинає торгівлю зерном". elevatorist.com (in Ukrainian). 2023-12-26. Retrieved 2024-11-11.
  23. ^ "D.TRADING розпочинає торгівлю зерном". expro.com.ua (in Ukrainian). Retrieved 2024-07-19.
  24. ^ ""Люди не сприймають ДТЕК як олігархічну структуру". Як війна змінила енергокомпанію Ріната Ахметова та чи очікувати відключень наступної зими. Велике інтервʼю з Максимом Тімченком". Forbes (in Ukrainian). 2023-07-24. Retrieved 2024-07-19.
  25. ^ "D.TRADING, що входить до компанії ДТЕК, розпочинає торгівлю зерном". elevatorist.com (in Ukrainian). 2023-12-26. Retrieved 2024-07-19.
  26. ^ Todorović, Igor (2024-01-24). "DTEK puts wind farm, solar park into operation in Romania". Balkan Green Energy News. Retrieved 2024-07-19.
  27. ^ Smyth, Jamie; McCormick, Myles; Tani, Shotaro (2024-06-13). "Ukraine strikes deal for US gas in bid to clip Russian energy influence". Financial Times. Retrieved 2024-07-19.
  28. ^ "Ukraine bekommt weitere Hilfen für Energiesektor". www.energate-messenger.de (in German). Retrieved 2024-07-19.
  29. ^ "Home". d.trading. Retrieved 2024-11-11. {{cite web}}: Check |url= value (help)
  30. ^ "Дмитро Маляр: "ДТЕК підтримує системну інтеграцію України в Європу за європейськими правилами"". Журнал Енергобізнес (in Ukrainian). Retrieved 2024-07-19.
  31. ^ "Дмитро Маляр: «ДТЕК підтримує системну інтеграцію України в Європу за європейськими правилами»". Журнал Енергобізнес (in Ukrainian). Retrieved 2024-11-11.
  32. ^ ""Д.Трейдінг" у березні поставив 46% від усього імпорту електроенергії | Українська Енергетика". ua-energy.org (in Ukrainian). Retrieved 2024-07-19.
  33. ^ "ДТЕК збільшив імпорт електроенергії з Європи для стабілізації енергосистеми після обстрілів". www.unian.ua (in Ukrainian). Retrieved 2024-07-19.
  34. ^ "D.Trading розпочинає торгівлю зерном — EXPRO Consulting". expro.com.ua (in Ukrainian). Retrieved 2024-11-11.
  35. ^ "D.Trading, що входить до компанії ДТЕК, розпочинає торгівлю зерном". elevatorist.com (in Ukrainian). 2023-12-26. Retrieved 2024-11-11.
  36. ^ "Віталій Бутенко залишив посаду генерального директора D.Trading — EXPRO Consulting". expro.com.ua (in Ukrainian). Retrieved 2024-11-11.