Kyivstar Raises UAH100 million to Support Ukraine’s Demining
20 September 2023 - 10:00PM
Kyivstar Raises UAH100 million to Support Ukraine’s Demining
Amsterdam, 20 September 2023 – VEON Ltd.
(NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator
that provides converged connectivity and online services (“the
Company”), today announces that its Ukrainian digital operator,
Kyivstar, has raised over UAH 100 million (c.USD 2.7 million) to
support demining operations in the country. The funds will be
used to provide specialist demining equipment for the teams
clearing the mines and support the safety of the civilian
population.
30% of Ukraine’s territory – equal to half the size of Germany –
is mined, impacting the lives of nearly 10 million Ukrainians. The
mine clearance operations are now a national priority for the
country. In line with its commitment to the reconstruction
and recovery of Ukraine, Kyivstar launched a campaign to support
the demining campaign “We Live Here”, donating directly to the
initiative and further facilitating donations from its customers,
and raising over UAH 100 million in total as of 15 September
2023. The fundraising campaign continues with a target to
raise UAH175 million (c.USD 4.7 million).
“We invest in the future of Ukraine every day. Making our cities
liveable again is one of Kyivstar’s top priorities, and we do this
both through the services we provide and initiatives that we
support” said Oleksandr Komarov, the CEO of Kyivstar. “I’m pleased
that we have so far been able to raise more than 100m UAH for the
demining effort, in line with our vision of a safe future for our
people. I would like to thank all our customers and Kyivstar
employees who have contributed and look forward to celebrating not
only the next milestone in this campaign, but also the safe return
of our fellow Ukrainians to demined areas.”
Over the past 18 months, Kyivstar has supported its customers
and Ukrainian people with donations and free-of-charge services as
well as ensuring the continuity of communication and investing in
digital services. VEON and Kyivstar have recently committed to
invest the equivalent of 600 million USD in Ukraine over the next 3
years, supporting infrastructure, digital growth and social
initiatives for the reconstruction of the country.
About VEON VEON is a digital operator that
provides converged connectivity and digital services to nearly 160
million customers. Operating across six countries that are
home to more than 7% of the world’s population, VEON is
transforming lives through technology-driven services that empower
individuals and drive economic growth. Headquartered in
Amsterdam, VEON is listed on NASDAQ and Euronext. For more
information visit: https://www.veon.com.
Disclaimer This release contains
“forward-looking statements,” as the phrase is defined in Section
27A of the U.S. Securities Act of 1933, as amended, and Section 21E
of the U.S. Securities Exchange Act of 1934, as amended.
Forward-looking statements are not historical facts, and include
statements relating to, among other things, VEON’s investment plans
and corporate social responsibility projects. Forward-looking
statements are inherently subject to risks and uncertainties, many
of which VEON cannot predict with accuracy and some of which VEON
might not even anticipate. The forward-looking statements contained
in this release speak only as of the date of this release. VEON
does not undertake to publicly update, except as required by U.S.
federal securities laws, any forward-looking statement to reflect
events or circumstances after such dates or to reflect the
occurrence of unanticipated events.
Contact Information:
VEON Hande Asik Group Director of Communication
pr@veon.com
TUVA Partners Julian Tanner Julian.tanner@tuvapartners.com
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