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 mlestone 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.
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