EX-8 2 a2234823zex-8.htm EX-8

EXHIBIT 8

 

LIST OF SUBSIDIARIES

 

The table below sets forth our significant subsidiaries, and our percentage ownership interest, direct and indirect, in each subsidiary as of December 31, 2017. Unless otherwise indicated, our percentage ownership interest is identical to our voting power in each of the subsidiaries.

 

Subsidiary*

 

Country of
Incorporation

 

Percentage
Ownership
Interest (Direct and
Indirect)

 

VEON Amsterdam B.V.

 

Netherlands

 

100

%

VEON Holdings B.V.

 

Netherlands

 

100

%(1)

VEON Digital Amsterdam B.V.

 

Netherlands

 

100

%(1)

PJSC “Vimpel-Communications”*

 

Russia

 

100

%(2)

Golden Telecom, Inc.

 

USA

 

100

%(3)

“Kyivstar” JSC*

 

Ukraine

 

100

%(4)

VEON Eurasia S.à r.l.

 

Luxembourg

 

100

%(5)

VIP Kazakhstan Holding AG

 

Switzerland

 

75.0

%(6)

LLP “KaR-Tel”*

 

Kazakhstan

 

75.0

%(7)

VimpelCom (BVI) AG

 

Switzerland

 

100

%(8)

LLC “Tacom”*

 

Tajikistan

 

98.0

%(9)

Freevale Enterprises Inc.

 

British Virgin Islands

 

100

%(10)

Silkway Holding B.V.

 

Netherlands

 

100

%(11)

LLC “Unitel”*

 

Uzbekistan

 

100

%(12)

CJSC “VEON Armenia”*

 

Armenia

 

100

%(13)

VEON Luxembourg Holdings S.à r.l.

 

Luxembourg

 

100

%(14)

VEON Luxembourg Finance Holdings S.à r.l.

 

Luxembourg

 

100

%(15)

VEON Luxembourg Finance S.A.

 

Luxembourg

 

100

%(16)

Global Telecom Holding S.A.E.

 

Egypt

 

57.7

%(17)

Oratel International Inc. Limited

 

Malta

 

57.7

%(18)

Moga Holding Limited

 

Malta

 

57.7

%(19)

Omnium Telecom Algérie S.p.A.

 

Algeria

 

26.3

%(20)

Optimum Telecom Algérie S.p.A.*

 

Algeria

 

26.3

%(21)

International Wireless Communications Pakistan Limited

 

Malta

 

57.7

%(22)

Telecom Management Group Limited

 

Malta

 

57.7

%(23)

Pakistan Mobile Communications Limited*

 

Pakistan

 

49.0

%(24)

Telecom Ventures Limited

 

Malta

 

57.7

%(25)

Banglalink Digital Communications Limited*

 

Bangladesh

 

57.7

%(26)

Wind Tre Italia S.p.A.

 

Italy

 

50.0

%(27)

Wind Tre S.p.A.*

 

Italy

 

50.0

%(28)

 

*                      Denotes operating company.

(1)              VEON Amsterdam B.V. holds 100% directly.

(2)              VEON Holdings B.V. holds 100% minus one share directly. VEON Ltd. holds one share directly.

(3)              PJSC VimpelCom holds 100% directly and indirectly through a wholly owned Cypriot holding company.

(4)              VEON Ltd. holds 0.01% directly and VEON Holdings B.V. holds 73.80% directly. “Kyivstar” JSC holds 26.19% of its own shares.

(5)              PJSC VimpelCom holds 100% directly.

(6)              VEON Eurasia S.à r.l. holds 75.0% directly.

(7)              VIP Kazakhstan Holding AG holds 100% directly.

(8)              VEON Holdings B.V. holds 100% directly.

(9)              VimpelCom (BVI) AG holds 98.0% directly.

(10)       PJSC VimpelCom holds 100% directly.

(11)       PJSC VimpelCom holds 100% directly.

(12)       Freevale Enterprises Inc. holds 21% directly and Silkway Holding B.V. holds 79% directly.

(13)       PJSC VimpelCom owns 100% directly.

(14)       VEON Holdings B.V. owns 100% directly.

(15)       VEON Luxembourg Holdings S.à r.l. holds 100% directly.

(16)       VEON Luxembourg Finance Holdings S.à r.l. holds 100% directly.

 

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(17)       VEON Luxembourg Finance Holdings S.à r.l. holds 2.13% directly and VEON Luxembourg Finance S.A. holds 55.56% directly.

(18)       Global Telecom Holding S.A.E. owns 100% directly and indirectly through three Maltese holding companies and a Luxembourg holding company.

(19)       Global Telecom Holding S.A.E. owns 100% directly and indirectly through three Maltese holding company and a Luxembourg holding company.

(20)       Global Telecom Holding S.A.E. holds a controlling interest of 45.57% directly and indirectly through Oratel International Inc. Limited and Moga Holding Limited. The Algerian National Investment Fund, Fonds National d’Investissement, holds 51% directly in Omnium Telecom Algérie S.p.A. and a local minority shareholder named Cevital S.p.A. holds directly the remaining 3.43%.

(21)       Omnium Telecom Algeria S.p.A. holds 99.99% directly.

(22)       Global Telecom Holding S.A.E. holds 100% directly and indirectly through three Maltese holding company and a Luxembourg holding company.

(23)       Global Telecom Holding S.A.E. holds 100% directly and indirectly through four Maltese holding company and a Luxembourg holding company.

(24)       Global Telecom Holding S.A.E. holds 85% of PMCL indirectly through two wholly owned Maltese subsidiaries and a nominee shareholder.

(25)       Global Telecom Holding S.A.E. holds 100% directly and indirectly through three Maltese holding company and a Luxembourg holding company.

(26)       Telecom Ventures Limited holds 99.99% directly.

(27)       VEON Holdings B.V. owns 50.0% indirectly through two Luxembourg holding companies.

(28)       Wind Tre Italia S.p.A. holds 100% directly.

 

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