VEON Ltd Celebrates Kyivstar's Historic Nasdaq Listing: A Milestone for Ukraine's Reconstruction

VEON Ltd celebrated Kyivstar's listing on Nasdaq, marking the first Ukrainian company to trade on a US stock exchange. This event underscores investment potential in Ukraine's reconstruction and highlights VEON's commitment to investing $1 billion in Ukraine. The listing opens new investment opportunities for global investors, but investors should be aware of geopolitical risks and market volatility.

On August 29, 2025, VEON Ltd. celebrated Kyivstar Group Ltd.'s listing on the Nasdaq Stock Market, marking a significant milestone for Ukraine's investment landscape. This event, which saw Kyivstar become the first Ukrainian company to trade on a U.S. stock exchange, underscores the potential for investment in Ukraine's reconstruction and highlights VEON's commitment to investing $1 billion in the country over the next five years [1].

The listing ceremony, which took place in New York, was attended by high-profile representatives from the Ukrainian government, VEON, Kyivstar, and the global business community. Among the attendees were the Prime Minister of Ukraine, Yuliia Svyrydenko, the Head of the President's Office of Ukraine, Andriy Yermak, and the Minister of Economy, Oleksii Sobolev. The event also saw the ringing of the Nasdaq opening bell, a symbolic gesture that marked Kyivstar's historic entry into the U.S. stock market [2].

Kyivstar's listing on Nasdaq opens new investment opportunities for global investors. The company, which serves nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers as of June 30, 2025, reported operating revenue of USD 284 million in the second quarter of 2025, representing a 20.9% year-on-year increase. Kyivstar's portfolio includes digital services such as Helsi, Ukraine's largest digital healthcare platform, Kyivstar TV, and Uklon, the country's top ride-hailing and delivery platform [1].

However, investors should be aware of the geopolitical risks and market volatility associated with investing in Ukraine. The country's ongoing conflict with Russia, along with potential changes in applicable laws or regulations, could impact Kyivstar's ability to continue meeting Nasdaq listing standards. Additionally, the successful integration of Uklon and continued growth in digital services are key factors that could influence Kyivstar's future performance [1].

Despite these challenges, Kyivstar's listing on Nasdaq is a significant achievement for Ukraine and highlights the potential for investment in the country's reconstruction. VEON's commitment to investing $1 billion in Ukraine over the next five years underscores the company's long-term vision for the country's economic growth and development.

References:
[1] https://www.nasdaq.com/press-release/veon-and-kyivstar-mark-historic-listing-nasdaq-opening-bell-and-launch-invest-ukraine
[2] https://www.nasdaq.com/press-release/kyivstar-rings-opening-bell-nasdaq-marking-landmark-listing-and-highlighting-ukraines