Business news from Ukraine

“Kyivstar starts cooperation with SHERIFF holding in framework of humanitarian demining in Ukraine

Kyivstar, the largest electronic communications operator, and SHERIFF, a holding of security companies, including SHERIFF Demining, which is a certified mine action operator, have signed a memorandum of cooperation.

Ukraine is currently the most mined country in the world. According to the State Emergency Service, about 175 thousand square kilometers of territory are contaminated with mines and unexploded ordnance. That is why Kyivstar and SHERIFF Demining are starting to work on a technology for humanitarian demining operators.

The companies will jointly test RTK signal correction services, which will ensure high accuracy of mapping contaminated areas and marking explosive objects.

“Helping to rebuild the country is an important mission not only for Kyivstar, but also for the entire Ukrainian business. To speed up the process of demining and rebuilding the country, we are ready to share our experience in implementing the latest technologies that will save lives of Ukrainians,” comments Ilya Poltakov, Kyivstar’s Director of New Business Development. “In particular, for safe demining it is important to ensure the identification of the exact coordinates of mines and the boundaries of contaminated areas. This requires high-quality GNSS equipment with RTK technology support.”

Kyivstar will provide its partners with access to RTK technology and provide recommendations on the selection and use of GNSS receivers. The company’s specialists will also conduct analytical research to test positioning and location technologies.

“We expect that cooperation with Kyivstar will help us to significantly improve the accuracy of explosive ordnance detection and subsequent demining. This will allow us to clean up contaminated areas faster and safer and return them to peaceful life,” commented Yevhen Antypenko, SHERIFF Director.

About Kyivstar

Kyivstar is the largest Ukrainian electronic communications operator, which as of December 2023 served about 24 million mobile subscribers and more than 1.1 million Home Internet subscribers. The company provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, Cloud solutions, RTK  cybersecurity services, digital TV, etc. Kyivstar is developing new telecom technologies in Ukraine and plans to invest USD 600 million in this area over the next three years. The company is helping the country overcome the challenges of wartime and has allocated over UAH 1.8 billion over the past two years to support the Armed Forces, subscribers, local communities, and charitable initiatives. The sole shareholder of Kyivstar is the international VEON Group headquartered in the Netherlands. The Group’s shares are listed on the NASDAQ (New York) and Euronext (Amsterdam) stock exchanges. Kyivstar has been operating in Ukraine for more than 25 years and is recognized as the largest taxpayer in the telecom market, the best employer and a socially responsible company.

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SHERIFF Security Holding is a national security operator that has been operating in Ukraine since 2003 and is a leader in the security services market. The company offers the maximum portfolio of services in its field: demining (certified mine action operator), a license to provide collection services and a NBU permit for a cash processing and transfer center, physical security, fire alarm maintenance and monitoring, fire extinguisher recharging, installation of video surveillance systems (including analytical systems) and access control, monitoring and response to burglar alarms, as well as Transfer customer support services, cargo escort, armored taxi, and other services. More than 40,000 clients have entrusted their security to SHERIFF.

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