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EXHIBIT 8
Subsidiaries
The table below sets forth our significant subsidiaries as of December 31, 2020. The equity interest presented represents our ownership interest, direct and indirect. Our percentage ownership interest is identical to our voting power for each of the subsidiaries listed below.
| | | | | | | | | | | | | | |
| Name of significant subsidiary | Country of incorporation | Nature of subsidiary | 2020 |
| | | |
| VEON Amsterdam B.V. | Netherlands | Holding | 100 | % |
| VEON Holdings B.V. | Netherlands | Holding | 100 | % |
| PJSC VimpelCom | Russia | Operating | 100 | % |
| JSC “Kyivstar” | Ukraine | Operating | 100 | % |
| LLP “KaR-Tel” | Kazakhstan | Operating | 75 | % |
| LLC “Unitel” | Uzbekistan | Operating | 100 | % |
| LLC “VEON Georgia” | Georgia | Operating | 80 | % |
| CJSC “VEON Armenia” | Armenia | Operating | 0 | % |
| LLC “Sky Mobile” | Kyrgyzstan | Operating | 50 | % |
| VEON Luxembourg Holdings S.à r.l. | Luxembourg | Holding | 100 | % |
| VEON Luxembourg Finance Holdings S.à r.l. | Luxembourg | Holding | 100 | % |
| VEON Luxembourg Finance S.A. | Luxembourg | Holding | 100 | % |
| Global Telecom Holding S.A.E | Egypt | Holding | 100 | % |
| Omnium Telecom Algérie S.p.A.* | Algeria | Holding | 45 | % |
| Optimum Telecom Algeria S.p.A.* | Algeria | Operating | 45 | % |
| Pakistan Mobile Communications Limited | Pakistan | Operating | 85 | % |
| Banglalink Digital Communications Limited | Bangladesh | Operating | 100 | % |
* The Group has concluded that it controls Omnium Telecom Algérie S.p.A and Optimum Telecom Algeria S.p.A, See Significant Accounting Judgments in Note 13 of the Audited Consolidated Financial Statements for further details.