VEON Plunges 15.14% Amid Strategic Shifts

On August 29, 2025, VEON's stock experienced a significant drop of 15.14% in pre-market trading, reflecting a notable shift in investor sentiment towards the company.

VEON and its subsidiary Kyivstar have announced a series of strategic engagements aimed at enhancing their market presence and financial performance. These initiatives include a USD 1 billion investment in Ukraine over the next five years, focusing on infrastructure development and technological advancements. This substantial investment underscores the company's commitment to growth and development in the region.

VEON and Kyivstar are also celebrating Kyivstar's historic listing on the Nasdaq, marking a significant milestone for the company. The listing is accompanied by a series of events in New York, including an investor conference and the launch of the "Invest in Ukraine NOW!" campaign. These engagements are designed to attract investment and highlight the company's strategic initiatives and market outlook.

An upcoming investor meeting scheduled for August 28, 2025, will provide further insights into Kyivstar's strategic initiatives and financial performance. The virtual event will feature presentations from senior management and a Q&A session, offering investors a comprehensive understanding of the company's future direction. This meeting is expected to address potential geopolitical risks and the broader market environment, providing a clearer picture of Kyivstar's growth prospects.