Kyivstar and Come Back Alive Raise UAH180M to Demine Ukraine, Reaching Campaign Target
February 14 2024 - 7:00AM
UK Regulatory
Kyivstar and Come Back Alive Raise UAH180M to Demine Ukraine,
Reaching Campaign Target
Amsterdam and Kyiv, 14 February 2024 –
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global
digital operator that provides converged connectivity and online
services, and its wholly-owned subsidiary Kyivstar announced today
that together with partners, Kyivstar raised 180 million hryvnas,
or 4.8 million USD, for Ukraine’s demining within the scope of
their “We Live Here” project.
Kyivstar and charity foundation Come Back Alive initiated the
fundraising campaign “We Live Here” in May 2023 with a goal to
raise UAH175 million for demining equipment. Generous contributions
from the Ukrainian and international businesses including from VEON
and Kyivstar, and the continuous support of Kyivstar customers and
employees as well as from prominent figures of art and culture have
helped to surpass the initial goal.
“We are humbled to have contributed to the safety of Ukraine by
supporting this demining initiative led by our partner Come Back
Alive Foundation. The funds raised through this project help
support 146 engineering and demining groups, providing them with
the necessary specialist and protective equipment. I am sincerely
grateful to everyone, especially to our customers, who have backed
this initiative. Together, raised 180 million hryvnas, surpassing
our ambitious goal of 175 million hryvnas, which will help make our
lands a safer place to live in,” said Oleksandr Komarov, CEO
of Kyivstar.
Nearly one-third of Ukraine is mined, making demining a
nation-wide priority for the safety of Ukrainians, including for
those who have returned after leaving due to security concerns.
Since the start of the fundraising campaign, VEON and Kyivstar have
donated UAH 61 million in direct charitable contributions;
and facilitated the donation of UAH 30 million as customer and
employee contributions. The final UAH1.5 million hryvnas were
raised at a charity auction in the framework of “B2U: Business to
Ukraine” - a Ukrainian and international business forum hosted by
Kyivstar early February.
100% of funds raised go towards the purchase of equipment and
transport for engineering and demining groups.
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 social initiatives. 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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