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News

CTP commits €10 million to UN Refugee Agency (UNHCR), to respond to humanitarian emergency in Ukraine and neighbouring countries

11.03.2022
Company: CTP Invest, spol. s r.o.

CTP, the largest logistics and industrial real estate developer and operator in CEE markets, has committed €10 million to the UN refugee agency UNHCR to provide humanitarian support for the more than one million people, mainly women and children, who have fled the war in Ukraine into neighbouring countries.

The company is also offering financial support and vacant warehouse space to local relief agencies for emergency supplies at its parks in Hungary, Romania, Slovakia and the Czech Republic – where CTP is opening the doors of apartments to refugees at one of its residential developments, and providing hotel accommodation.

Remon Vos, CEO at CTP, said:

“We are supporting UNHCR’s important work in this catastrophic humanitarian crisis and our thoughts go out to the many innocent people affected. CTP’s widespread network of logistics and industrial parks in the countries neighbouring Ukraine also mean we have the physical and financial resources on the ground to immediately step up and deliver support at scale to where it is urgently needed.”

 

In just seven days, more than one million refugees have fled Ukraine to neighbouring countries. UNHCR is on the ground and is committed to providing life-saving humanitarian assistance to those in need. UNHCR’s operations and capacity have been scaled up, to ensure that people forced to flee find safety and shelter. The UN agency is also providing legal services, psychosocial support and multipurpose cash assistance among other aid to refugees.

CTP’s actions include financial support for various local organizations such as People in Need (Člověk v Tisní) in the Czech Republic and the same organisation in Slovakia, Člověk v núdzi. The company is also offering accommodation at its Domeq residential project in the Czech city of Brno and within the Marriott Courtyard hotels in Pilsen, Prague and Brno. Warehouse space has also been provided for a Food Bank in CTPark Ostrava in the northeast of the Czech Republic.

CTP has already provided warehouse space in Biatorbágy, Hungary and in Bucharest, Romania and has some more capacity to offer to relief organisations to support their distribution operations and storage of supplies at its Slovakian and Romanian locations.

Remon Vos, concluded:

“We know that the private sector plays a key role in stepping up and helping refugees in this emergency, and at CTP we are proud to play a part in supporting UNHCR’s response.”

 

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