Porsche donates €1-M for Ukrainian crisis efforts
Porsche joins the growing number of automotive brands supporting humanitarian efforts in Ukraine. The German carmaker shares that it has donated a total of €1 million to organizations involved in helping those affected by the conflict in Eastern Europe.
KEY TAKEAWAYS
How much money did Porsche donate to support the humanitarian efforts in Ukraine?
Porsche donated a total of €1 million.Which organizations did Porsche donate the money to?
Porsche donated to UNHCR and the Ferry Porsche Foundation.“We are deeply saddened by the events in Ukraine. Many people are in need of urgent aid through no fault of their own. We are therefore making a contribution and supporting organizations that help the population on the ground,” said Porsche CEO Oliver Blume.
The Stuttgart-based company donated €750,000 to the United Nations High Commissioner for Refugees (UNHCR), a longstanding partner of the Volkswagen Group, and which has been active in Ukraine since 2014. The amount, said Porsche, is meant to deliver practical support on the ground.
Furthermore, Porsche turned over €250,000 to the Ferry Porsche Foundation, an organization that focuses on supporting the youth. According to Porsche, the donation will be used by the Foundation to assist various institutions such as the SOS Children’s Villages.
Photo from Porsche
Also read:
Toyota rolls out initiatives to support humanitarian efforts in Ukraine
Ford suspends operations in Russia
Nissan suspends exports to Russia, creates fund to aid Ukraine
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