By KYIV. Oct 24 (Interfax-Ukraine) – VEON Holding (Amsterdam), whose shares are traded on the NASDAQ and Euronext Amsterdam exchanges, announced a visit to Ukraine by a delegation of members of the board of directors.
“The delegation will visit Kyiv and Lviv, meeting with Kyivstar employees, Kyivstar’s community support projects, government officials and representatives of diplomatic missions,” the company said on its website.
“Kyivstar’s 4,000 heroes have done a tremendous job over the past 20 months keeping Ukraine connected and supporting the resilience of the country even as the war raged on. Having pledged $600 million to the recovery and reconstruction of Ukraine, it is our privilege to plan our future investments, which is one of the main goals of our visit. While in Kyiv, we will also address some recent concerns and demonstrate once again that VEON is not a liability but an asset for the country. We are here to stay and are committed to Ukraine. We would like our business to be understood and reflected as what it really is: an exemplary international investment success story in Ukraine,” said Kaan Terzioglu, VEON Group CEO.
“The delegation’s visit follows VEON’s announcement on October 9, 2023 that it has closed the sale of its Russia operations and completed its exit from Russia – one of the most significant corporate exits given VEON’s public listing and the relative size of the asset. VEON had committed $600 million to Ukraine’s recovery and reconstruction over the next years during the Ukraine Recovery Conference in London in June,” it said.
“VEON recently responded to speculation on Kyivstar ownership with a statement, re-asserting that it is the sole and rightful owner of Kyivstar and that it intends to use all available avenues to preserve the rights of VEON and Kyivstar,” it added.
