On December 3, 2024, VEON Ltd. Group CEO Kaan Terzioglu issued an open letter to investors, welcoming the decision by the Shevchenkivskyi District Court of Kyiv to lift the freezing of VEON’s corporate rights in Kyivstar and its other Ukrainian subsidiaries.
Terzioglu highlighted this decision as a milestone resulting from VEON’s commitment to connecting and rebuilding Ukraine, and its efforts to demonstrate that VEON and Kyivstar are pillars of Ukraine’s resilience. He thanked investors for their confidence and support during this period.
The CEO emphasized that the ruling is a 'win-win' for VEON’s investors by removing a source of concern, for Kyivstar and the people of Ukraine by enabling accelerated business partnerships, and for Ukraine by sending a positive message to the global investment community regarding its business climate and commitment to the rule of law.
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