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DTEK’s CEO rebuts critics of latest privatizations

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Feb. 2, 2012, 11:43 p.m. | Business — by Vlad Lavrov

Maxim Timchenko runs DTEK, the energy arm of billionaire Rinat Akhmetov’s business empire.
© Kostyantyn Chernichkin

Vlad Lavrov

Kyiv Post staff writer

The recent spree of rushed and uncompetitive privatizations of Ukrainian energy assets, including some of the last blue-chip properties, has prompted a wave of criticism among Ukrainian and foreign experts.
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James Trehan Feb. 3, 2012, 4:04 p.m.    

well with only the Oligarchs in power able to raise or willing to raise capital to purchase these is there any wonder they wont try to out bid each other ?, No foreign corporation would risk any investment in Ukraine, after the threats to repossess the purchases of Mittal and corporate raids by the authorities on offices, no one would seek to take such a gamble with such a huge investment.

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o bender Feb. 8, 2012, 5:55 p.m.    

A quote: &quot;The discount depends upon the risks associated with the country, political situation, regulatory environment, currency risks etc.

So, if you take it all into account, you get the price lower than the starting price.&quot;

You are wrong, prick! How these risks are being taken (assumed) by Akhmetov? Are you bearing the risks &quot;associated with the country...currency risks...political situation...&quot;? You are what, getting paid in USDollars by the population and thus your revenues coming in in foreing currency? Or your expenses are in other currency than UAH?

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