![](//www.4rfv.com/images/no_image.jpg)
10 Jul 2023
VEON Publishes FY2022 Integrated Annual Report Highlights Strong Environmental, Social, and Governance Performance Amsterdam, 10 July 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today published its 2022 Integrated Annual Report (IAR), showcasing not only strong financial and business performance but also emphasizing significant Environmental, Social, and Governance impact, underscoring the companys commitment to diversity and inclusion across its markets.
VEONs financial results in 2022 demonstrate the success of its Digital Operator 1440 strategy and its dedicated focus on 4G for all. Revenues reached USD 3.75 billion, with an EBITDA of USD 1.74 billion and cash and cash equivalent reserves amounting to USD 3.1 billion. Concurrently, the number of 4G users surged to 85 million, constituting 54% of VEONs mobile customer base, reflecting the increased adoption of empowering and value-driven digital products.
Our 2022 Integrated Annual Report provides a comprehensive account of our Digital Operator strategy, which not only drives our financial performance but also generates a positive impact on the societies we serve. Through our technology and digital products in finance, entertainment, education, and healthcare, we are thrilled to empower customers and communities in some of the worlds most dynamic emerging markets, enabling profitable growth for all stakeholders, states Kaan Terzioglu, CEO of VEON Group.
Throughout 2022, VEON remained commitment to the ESG principles and prioritized connectivity as a vital service, ensuring network continuity as a lifeline during the conflict in Ukraine and actively contributing to the restoration and rebuilding of communities affected by natural disasters in Pakistan and Bangladesh.
VEON achieved notable milestones in reducing its environmental footprint. Year-on-year, the Group successfully reduced CO2 emissions by 17% to 0.7 megatons. Additionally, power-saving technologies on the network were implemented, leading to reduced energy consumption in VEON offices by 10%.
VEON bolstered its positive social impact by appointing its first Group Diversity and Inclusion Officer in 2022, adopting and enhancing workplace diversity policies across all operating companies. VEON companies focused on delivering products and solutions that facilitate inclusion and committed to promoting higher digital and financial inclusion in their customer base. Moreover, the Groups operating companies actively supported community projects fostering inclusive entrepreneurship, employment, and digitalization, including initiatives such as providing free or subsidized internet connections to 1,923 educational institutions in 2022, particularly in ICT-related areas.
Despite facing challenges, VEON maintained its unwavering focus on ethics, compliance, robust risk management practices, and high standards of corporate governance.
For detailed insights into VEON Groups performance in 2022, please visit VEONs 2022 Integrated Annual Report on the companys website: https://www.veon.com/investors. The report is customizable, allowing readers to generate personalized reports based on their specific interests and preferences.
About VEON
VEON is a global digital operator that currently provides converged connectivity and online services to over 160 million customers in six dynamic markets. We are transforming people's lives, empowering individuals, creating opportunities for greater digital inclusion and driving economic growth across countries that are home to more than 7% of the world's population. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext Amsterdam.
For more information, visit: https://www.veon.com
Disclaimer
This 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. Forward-looking statements are not historical facts, and include statements relating to, among other things, the Group's financial and ESG performance. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.
Contact Information
VEON
Senior Communications Manager
Anna Ivanova-Galitsina
pr@veon.com
TUVA Partners
Managing Partner
Julian Tanner
Julian.tanner@tuvapartners.com
This website stores cookies on your computer. These cookies are used to improve vour website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy
We wont track your information when you visit our site. But in order to comply with your preferences, well have to use just one tiny cookie so that youre not asked to make this choice again.
AcceptDecline
More from VimpelCom
02/09/2024
02 Sep 2024
Supporting Digital Skills Development: Beeline Kazakhstan Adds New ...
27/08/2024
27 Aug 2024
Tamasha Opens New Innings with First International Streaming of Cricket Matches Amsterdam and Islamabad, 27 August 2024: VEON Ltd. (Nasdaq: VEON, E...
14/08/2024
14 Aug 2024
VEON's Kyivstar and Come Back Alive Launch New Fundraising Camp...
08/08/2024
08 Aug 2024
VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operation...
01/08/2024
01 Aug 2024
VEON Announces Intention to Delist from Euronext Amsterdam and to I...
29/07/2024
29 Jul 2024
VEON Publishes 2023 Integrated Annual Report Amsterdam, 29 July 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator...
25/07/2024
25 Jul 2024
VEON to release 2Q 2024 trading update on 8 August 2024 Amsterdam, 25 July 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digi...
22/07/2024
22 Jul 2024
VEON's Jazz Secures Pakistan's Largest Long-Term Private Se...
17/07/2024
17 Jul 2024
VEON's Kyivstar Extends Energy Resilience of Network Kyivstar addresses power blackouts with industrial-grade generator fleet
Amsterdam and Ky...
09/07/2024
09 Jul 2024
VEON Receives Licence from U.S. Treasury's OFAC, Amends 2025 and 2027 Notes Amsterdam, 9 July 2024: VEON Ltd. (Nasdaq: VEON and Euronext Amster...
26/06/2024
26 Jun 2024
VEON Discloses its 1Q24 Unaudited Interim Condensed Consolidated Fi...
10/06/2024
10 Jun 2024
VEON and Kyivstar increase Ukraine investment commitment to USD 1 b...
06/06/2024
06 Jun 2024
VEON to Hold Capital Markets Day 2024, Sharing Mid-Term Ambition to...
31/05/2024
31 May 2024
VEON discloses April YTD trading update at its AGM Amsterdam, 31 May 2024 07:00 CEST -
VEON April YTD 2024 Highlights
Total revenue of USD 1,278 ...
31/05/2024
31 May 2024
VEON Announces Its New Board, Names Founder Augie Fabela as Chairman Amsterdam, 31 May 2024, 16.00 CET: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam...
29/05/2024
29 May 2024
VEON appoints UHY LLP as auditors for VEON Group's 2023 PCAOB A...
28/05/2024
28 May 2024
VEON Progresses with Asset-Light Strategy, Reaches Agreement to Sel...
22/05/2024
22 May 2024
VEON Receives Nasdaq Notice on Delayed Filing, Confirms Ongoing Eff...
20/05/2024
20 May 2024
VEON's Banglalink and Robi Axiata Partner to Explore Network Sh...
16/05/2024
16 May 2024
VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution Amsterdam, 16 May 2024 07:00AM CEST -
VEON Q1 2024 Highlights
Q1...
15/05/2024
15 May 2024
VEON Publishes Annual Corporate Governance Report for Financial Year 2023 Amsterdam, 15 May 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEO...
15/05/2024
15 May 2024
VEON and Beeline Kazakhstan Partner with GSMA and Barcelona Superco...
14/05/2024
14 May 2024
Tamasha Scores Big with Digital Streaming Rights for ICC Cricket To...
14/05/2024
14 May 2024
VEON's Kyivstar Named the Top International Investor in Ukraine...
09/05/2024
09 May 2024
VEON's Banglalink Leads 3G Phase-out, Deepening its Focus on 4G Amsterdam, 09 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a g...
08/05/2024
08 May 2024
Statement on Director Independence Ahead of VEON AGM Amsterdam, 8 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital op...
06/05/2024
06 May 2024
AI and Big Data Take the Centre Stage in Central Asia at Beetech 20...
26/04/2024
26 Apr 2024
Cricket Finds Its Digital Home in Bangladesh: VEON's Banglalink...
24/04/2024
24 Apr 2024
VEON Announces 2024 AGM and Board Nominees Amsterdam, 24 April 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator...
12/04/2024
12 Apr 2024
VEON management increases share ownership Amsterdam, 12 April 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator ...
28/03/2024
28 Mar 2024
VEON Pays Back Outstanding Balance and Cancels its Revolving Credit Facility Amsterdam, 28 March 2024, 09.30 CET - VEON Ltd. (Nasdaq: VEON, Euronex...
26/03/2024
26 Mar 2024
VEON announces sale of stake in Beeline Kyrgyzstan, increasing the ...
21/03/2024
21 Mar 2024
VEON 4Q23 trading update: Strong organic growth in revenue and EBIT...
18/03/2024
18 Mar 2024
Banglalink Gets Unified Licence to Deliver Superior Digital Service...
14/03/2024
14 Mar 2024
VEON appoints PwC as 2023 auditors, provides updates on reporting timelines Amsterdam, Netherlands, 14 March 2024, 17:00 CET: VEON Ltd. (Nasdaq: VE...
11/03/2024
11 Mar 2024
VEON to Hold Capital Markets Day on June 6, 2024 Amsterdam, 11 March 2024: VEON (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator...
04/03/2024
04 Mar 2024
MSCI upgrades VEON to AA ESG Rating Amsterdam, 4 March 2024: VEON (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides...
01/03/2024
01 Mar 2024
VEON announces the issuance of previously authorized shares represe...
29/02/2024
29 Feb 2024
VEON's Kyivstar Awarded Best Mobile Innovation Supporting Emer...
27/02/2024
27 Feb 2024
VEON launches ROX, its digital-first brand in Pakistan ROX to provide Pakistan's digital-first generation with integrated content and services ...
26/02/2024
26 Feb 2024
Rakuten Symphony and Kyivstar Sign Letter of Intent to Deploy Open ...
21/02/2024
21 Feb 2024
VEON Launches Geolocation Gateway, Enabling Proximity-Based Digital Services Amsterdam and Tashkent, 21 February 2024 - VEON Ltd. (NASDAQ: VEON, Eu...
14/02/2024
14 Feb 2024
Kyivstar and Come Back Alive Raise UAH180M to Demine Ukraine, Reach...
08/02/2024
08 Feb 2024
VEON's Kyivstar Nominated for the GLOMO in Best Mobile Innovat...
06/02/2024
06 Feb 2024
Augmented Intelligence for Disaster Response: Beeline Kazakhstan Mo...
05/02/2024
05 Feb 2024
VEON and Kyivstar Welcome Former U.S. Secretary of State and Kyivst...
05/02/2024
05 Feb 2024
VEON and Kyivstar set in motion their 600m USD investment plan with...
31/01/2024
31 Jan 2024
VEON and Summit Complete USD 100m Deal for Bangladesh Towers Portfolio Amsterdam and Dhaka, 31 January 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amst...
18/01/2024
18 Jan 2024
Kyivstar Completes Preliminary Assessment of the Financial Impact o...