Bolt to close down operations in Belarus, donate EUR 5 mln to Ukraine

  • 2022-03-01
  • BNS/TBT Staff

TALLINN – Markus Villig, founder and CEO of Estonian transport platform provider Bolt, said on social media that the company will donate five million euros to Ukraine and cease all operations in Belarus, the daily Postimees writes.

"The people of Eastern Europe know the value of freedom all too well. We cannot settle for empty social media posts, but need real actions," Villig wrote on Facebook.

Villig said that Bolt has three concrete steps planned to support the people of Ukraine. "We're donating 5 percent of every Bolt order in Europe over the next two weeks to support Ukraine. This will amount to over five million euros and we're transferring the first one million euros today," he said on Tuesday.

Bolt will also remove all products produced in Russia or associated with Russian companies from Bolt Market. Additionally, the company will close down all operations in Belarus due to their enablement of the Russian invasion.

"This war was started by an oppressive regime, not the millions of people in Russia and Belarus also suffering from it. Encourage them to speak up against this mindless war!" Villig said, adding that Bolt stands with its 112 employees in Ukraine.