Formica’s owners, Formica and Formica’s portfolio companies raises SEK 7 million in a donation to the UNHCR’s work in the Ukraine
In a joint effort, Formica has raised SEK 7 million for UNHCR’s efforts in the Ukraine. The target to raise SEK 1 million from our portfolio companies and their employees has now been reached. Formica will match this sum with SEK 1 million and Formica’s owners will match five-fold with another 5 MSEK.These donations to UNHCR will then be matched again by the Akelius Foundation, meaning that the funds raised by our portfolio companies and their employees will give a 1:14 ratio totaling SEK 14 million to UNHCR.Our hearts go out to the people of the Ukraine whose lives literally