Kyivstar becomes 1st Ukrainian company to join US stock exchange
Kyivstar -- Ukraine's leading digital operator -- will ring the Nasdaq opening bell Friday morning as the first Ukrainian company to be listed on a United States stock exchange to celebrate its historic listing and the launch of its Invest in Ukraine NOW! campaign.
The company officially began trading on the Nasdaq on Aug. 15 under the umbrella of its parent company, VEON. Together, the companies launched the campaign to draw in U.S. and global investors, showcasing Kyvistar as a unique investment opportunity not only as a successful company, but also as a symbol of Ukraine's economic growth and potential post-war recovery.
Beyond its nearly 22.4 million mobile customers, Kyivstar has expanded into entertainment, digital healthcare and ride-hailing platforms that all rank among Ukrainian market leaders.
"Kyivstar's listing on Nasdaq under the ticker KYIV gives American investors a window into the Ukrainian economy as a whole," said Augie K Fabela II, chairman and founder of VEON, in a press release.
The Invest in Ukraine NOW! campaign was attended by Ukrainian government officials, VEON and Kyivstar executives, investors, and business leaders. VEON and Kyivstar framed the initiative as both an image of wartime resilience and a practical effort to spur foreign investment.
"We have transformed Kyivstar into a robust digital operator with a globally attractive business model and growth story, while being the backbone of Ukraine's resilience and reconstruction," said Kyivstar President Oleksandr Komarov in a press release.
"This week we mark the resilience and potential of Ukraine. Together with our team, partners, investors and governmental counterparts, we mark the beginning of Kyivstar's new chapter. We are excited to help build bridges for other Ukrainian companies to deepen their global partnerships, especially with the American and global business community."
