• July 16, 2025 8:09 pm

Baltimore Chronicle

Society

Court lifts arrest on Russian oligarchs' share in Kyivstar

ByNazar Bogudan

Nov 29, 2024

The company claims that it will now be able to expand its network and digital services.

The court lifted the arrest of the share of Russian oligarchs in " <p> The Shevchenkivskyi District Court of Kyiv lifted the arrest of 47% of the corporate rights and authorized capital of the Kyivstar company, owned by the structures of Russian oligarchs Mikhail Fridman, Petr Aven and Andrey Kosogov.</p> <p>According to Ekonomichna Pravda, restrictions on 100% of the rights of other assets included in the international Veon group – Ukraine Tower Company, Kyivstar Tech and the Helsi service, which has data on most Ukrainians who have entered into a declaration with family doctors, have also been lifted.</p> <p>Kyivstar has already announced further steps following the court ruling. According to CEO Alexander Komarov, lifting the arrest will allow the company to focus on “developing the 4G network and digital services, as well as increasing energy sustainability.”</p> <p>The decision of the Shevchenko Court was also welcomed by the parent group Veon. They believe that Ukraine “has demonstrated itself as a reliable partner for international business.”</p> <ul> <li>The Ministry of Justice filed a lawsuit to recover the assets of Russian oligarchs Fridman, Aven and Kosogor. </li> </ul> <p><!--noindex--></p> <p><a rel=lb.ua

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