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VEON’s Kyivstar Opens New York Office to Expand U.S. Investor and Business Engagement

Kyivstar opens a New York office, enhancing U.S. investor engagement and supporting international expansion following its Nasdaq listing.

Quiver AI Summary

VEON Ltd. has announced the opening of a new Kyivstar office in Rockefeller Center, New York City, marking a key development in the company's international expansion as the first Ukrainian firm listed on a U.S. stock exchange. This office aims to enhance Kyivstar's engagement with U.S. investors and industry partners, furthering VEON's presence in the U.S. capital markets amidst growing interest in emerging market opportunities. Although the office will not handle commercial operations, it will serve as a hub for collaboration and connections to showcase Ukrainian innovation and economic potential. The opening event included a ribbon-cutting ceremony, attended by VEON leadership and investors, and coincided with the launch of the "Invest NOW!" campaign aimed at promoting investment opportunities in Ukraine.

Potential Positives

  • The opening of the Kyivstar office in New York City represents the first presence of a Ukrainian company listed on a U.S. stock exchange, signifying a major milestone for international business representation for Ukraine.
  • This strategic move will strengthen VEON's engagement with the U.S. investor community and enhance the company's visibility in global capital markets, especially amidst rising investor interest in emerging markets.
  • The event marked the launch of the “Invest NOW!” campaign, which aims to connect international capital with high-growth markets in Ukraine, showcasing the potential for long-term investment.
  • The office is expected to support collaboration with international partners and amplify Ukraine's story of innovation, contributing to the broader narrative of the country's resilience and economic growth.

Potential Negatives

  • The New York office will not undertake any commercial, contracting, or operational functions, potentially limiting its effectiveness in generating direct business outcomes.
  • The upcoming 2Q26 earnings announcement may raise concerns if the company's performance doesn't meet investor expectations, especially with increased scrutiny following this significant expansion.
  • The heavy emphasis on the "Invest NOW!" campaign could suggest that the company is facing challenges attracting investment, necessitating a push to draw attention to Ukraine’s growth opportunities.

FAQ

What recent milestone did Kyivstar achieve in the U.S.?

Kyivstar opened a new office in New York City, marking its first U.S. presence as a Ukrainian company listed on Nasdaq.

Where is the new Kyivstar office located?

The new office is situated at 1270 Avenue of the Americas in Rockefeller Center, New York City.

What is the purpose of Kyivstar’s New York office?

The office will engage with U.S. investors, industry partners, and support Kyivstar's international activities.

When was the office opening event held?

The ribbon-cutting ceremony for the New York office took place on July 29, 2026.

What does VEON aim to achieve with this office opening?

VEON aims to strengthen connections with the U.S. investment community and highlight Ukraine's investment opportunities.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$VEON Hedge Fund Activity

We have seen 43 institutional investors add shares of $VEON stock to their portfolio, and 50 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$VEON Price Targets

Multiple analysts have issued price targets for $VEON recently. We have seen 2 analysts offer price targets for $VEON in the last 6 months, with a median target of $72.0.

Here are some recent targets:

  • Tim Savageaux from Northland Capital Markets set a target price of $70.0 on 06/09/2026
  • Max Findlay from Rothschild & Co set a target price of $74.0 on 04/16/2026

Full Release

The office establishes a U.S. presence for the first Ukrainian company listed on a U.S. stock exchange, supporting growing engagement with investors, industry partners and the broader international business community

Dubai and New York, July 29, 2026 – VEON Ltd. (Nasdaq: VEON, “VEON”), a global digital operator and the parent company of Kyivstar Group Ltd (Nasdaq: KYIV; KYIVW), today announced the opening of a new Kyivstar office at Rockefeller Center in New York City. The office opening marks a significant milestone in Kyivstar's international expansion following its Nasdaq listing in August 2025, which made it the first Ukrainian company to list on a U.S. stock exchange.

Located at 1270 Avenue of the Americas, at the heart of one of the world's leading business and financial centers, the New York office will support Kyivstar's international activities and strengthen VEON's presence in the U.S. The office will serve as a base for the Group’s engagement with the U.S. investor community, commercial and industry partners as well as the wider international business community, underlining VEON’s growing engagement with U.S. capital markets at a moment of rising investor focus on emerging market growth opportunities. The office will not undertake commercial, contracting or operational functions on behalf of the Group. The opening comes two days ahead of VEON's 2Q26 earnings announcement on July 31, which will be hosted in person in New York.

Kaan Terzio??lu, Chief Executive Officer of VEON said: “The opening of Kyivstar’s New York office reflects our commitment to building stronger connections with the U.S. investment community. As the only Ukrainian company offering American investors the opportunity to participate at scale in Ukraine’s growth, Kyivstar serves as a bridge between global capital and one of Europe’s most compelling long-term investment opportunities. We are proud to bring Ukraine’s resilience, innovation and potential closer to the world’s largest financial market.”

Augie K Fabela II, VEON Chairman and Founder, stated: “The opening of this office is another step in building bridges between Ukraine and the global investment community. Kyivstar embodies the tenacity, innovation, and entrepreneurial spirit of the Ukrainian people, proving that even in the most challenging times, world-class companies can grow, innovate, and create lasting value. As a U.S. listed company, VEON is proud to help shine a light on the opportunities that exist in Ukraine today. We hope Kyivstar’s journey encourages others to see not only Ukraine’s remarkable resilience, but also its extraordinary potential for long-term investment, innovation, and economic growth.”

The office opening was marked by a ribbon-cutting ceremony and reception at Rockefeller Center, bringing together VEON's Board and leadership, major investors, U.S. government and diplomatic representatives and institutions. The event also served as the launchpad for the next chapter of the “Invest NOW!” campaign, reinforcing how VEON and Kyivstar connect international capital, technology and strategic partnerships with high-growth markets, particularly Ukraine.

“The opening of our New York City office represents an important milestone in Kyivstar's international journey and expansion,” added Oleksandr Komarov, President and CEO of Kyivstar Group. “As a Nasdaq-listed company, establishing a permanent presence in the financial heart of the U.S. reflects our commitment to building a global business while staying deeply rooted in Ukraine. The office will help us strengthen relationships with investors and international business partners, foster collaboration across industries, and amplify Ukraine's story of innovation and long-term opportunity with the global business community.”

The office is expected to serve as a venue for meetings and knowledge-sharing initiatives, creating opportunities to and support the long-term international development. It will also serve as a platform to showcase Ukrainian innovation, highlighting the country's continued progress in digital transformation despite the challenges of the ongoing war.

About VEON

VEON is a digital operator that provides connectivity and digital services to over 150 million connectivity customers and more than 228 million digital users. Operating across five countries that are home to more than 6% of the world's population, VEON is transforming lives through technology driven services that empower individuals and drive economic growth. VEON is listed on Nasdaq. For more information, visit: https://www.veon.com

About Kyivstar Group Ltd.

Kyivstar Group Ltd. is a Nasdaq-listed holding company that operates JSC Kyivstar, Ukraine’s leading digital operator and the first Ukrainian company to list on a U.S. stock exchange. Kyivstar Group Ltd.’s companies provide a broad range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions such as Big Data, cloud, and cybersecurity.

For more information, please visit https://investors.kyivstar.ua .

About JSC Kyivstar

JSC Kyivstar is Ukraine’s leading digital operator, serving more than 22 million mobile customers and over 1.2 million home internet fixed line customers as of March 31, 2026. The company provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, cloud solutions, cybersecurity services, digital TV, and more.

JSC Kyivstar is wholly owned by Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), whose shares are traded on the U.S. stock exchange Nasdaq.

Additional information: pr@kyivstar.net , www.kyivstar.ua .

Disclaimer

This press release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to, among other things, Kyivstar Group’s international expansion, its strategic objectives, the expected benefits of establishing a presence in New York or the impact of the “Invest in Ukraine NOW!” campaign. There are numerous risks and uncertainties, many of which Kyivstar cannot predict with accuracy or even anticipate, and which could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to Kyivstar’s ability to achieve anticipated results and business objectives, among others discussed in the section entitled “Risk Factors” included in Kyivstar Group’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 16, 2026, as amended and supplemented from time to time, and in any other subsequent filings with the SEC by Kyivstar Group. The forward-looking statements contained herein speak only as of the date of this release and Kyivstar Group disclaims any obligation to update or revise them, other than to the extent as required by applicable law.


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