Porsche donates €1m to help those affected by Ukraine crisis

Like many European businesses, due to the current situation in Ukraine, Porsche has suspended the delivery of its products to Russia until further notice. Additionally, Porsche has decided to donate one million euros to those affected by the conflict. Of this amount, €750,000 will go to the UNO-Flüchtlingshilfe e.V. (UN Refugee Aid), a long-standing partner of the Volkswagen Group delivering crucial practical support on the ground.

The money is being forwarded directly to the UN Refugee Agency (UNHCR), which has been active in Ukraine since 2014. “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 this contribution in the interests of supporting organisations helping the Ukrainian population on the ground,” said Oliver Blume, Chairman of the Porsche Executive Board. A further €250,000 will be donated to the Ferry Porsche Foundation, which focuses on supporting children and young people in times of crisis. The foundation plans to use the donation to help SOS Children’s Villages, an independent, non-governmental, nonprofit international development organization headquartered in Innsbruck, Austria. In addition, an internal appeal will provide Porsche employees with a coordinated and effective way to make their own donations to the UNO-Flüchtlingshilfe.